EFF gave the Reserve Bank, Chamber of Mines and JSE 30 days to respond to its memorandums that were delivered to the institutions’ door steps on 27 October.
During EFF’s urgent economic freedom march, the commander-in-chief Julius Malema said their demands were reasonable while his deputy Floyd Shivambu said their mandate is clear.
At the JSE, CEO Nicky Newton-King accepted and signed the memorandum.
Shivambu said if the institutions don’t respond within 30 days, they are going to shut down the individual companies on the JSE.
“We want you to give us your response within 30 days and if you don’t, we are going to shut down the JSE itself. And no security can stop us from doing that,” said Shivambu while shouting Amandla!
As part of their demands, EFF wants access to decent housing, quality health care, education, quality drinking water, access to participate in the economy, descent wage and sustainable employment.
At the Reserve Bank, the Deputy Governor Kuben Naidoo, received the memorandum.
EFF demanded greater state control over SARB, abandon inflation rate targets and establishment of a state bank.
When addressing thousands of followers gathered at Mary Fitzgerald Square in Newtown, Malema said their march was about the state of economy in this country and no other agendas.
Leading the long walk march from Newtown to Sandton, Malema was also joined by Shivambu, the party spokesperson Fana Mokoena and the party’s legal expert Dali Mpofu.
Malema said the government should also stop stealing from the poor of the poorest. “These banks must stop stealing from our people by charging higher interests even for the poor grant beneficiaries.”
He said SA people continue to live in misery, from hand to mouth and the situation is not improving, because of Zuma’s government.
He also mentioned President Jacob Zuma’s Nkandla home and that they still expect him to pay back the money.
Malema said he finds it strange that the government can’t afford to assist the struggling university students, but can fund their own pockets
and those of their comrades.
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