Finance

EFF will partner with ANC with one demand – make Floyd Shivambu finance minister

Julius Malema

EFF leader Julius Malema said he is prepared to give their vote to the ANC nationally with one demand – make Floyd Shivambu South Africa’s finance minister.

Malema made these comments during a discussion with Professor JJ Tabane On Frank Dialogue this week.

The discussion centred on the upcoming elections and whether the EFF would partner with the ANC in a national coalition government.

Malema said he was not interested in “the glory” in negotiations, like being South Africa’s Deputy President.

Instead, he was interested in powerful positions where the EFF would be able to implement its policies.

He gave the example of municipal coalitions, where they would opt for five mayoral committee members instead of getting the mayor position.

“That is where the power is. The mayor only cuts ribbons, and it is for the EFF’s projects,” Malema said.

He said the ANC cannot differentiate between power and glory. The EFF, in comparison, is focused on power.

“I am prepared to give the EFF vote to the ANC nationally if it does not get 50%, with one demand – make Floyd Shivambu finance minister,” he said.

“The problem in South Africa is the finance department [National Treasury], which is owned and controlled by Stellenbosch.”

He accused the National Treasury of engaging in anti-poor policies. “You need radical change,” Malema said.

Malema said with the power of Shivambu as finance minister, he can influence important decisions regarding South Africa’s policies.

Warning about an ANC and EFF coalition

DA leader John Steenhuisen

Numerous prominent leaders have warned that an ANC and EFF coalition would be bad news for South Africa.

Democratic Alliance leader John Steenhuisen warned that the day an ANC-EFF government takes over will be doomsday for South Africa.

Steenhuisen said the “EFF Doomsday Coalition” will expropriate property without compensation and abolish private property rights.

“It will nationalise and destroy foreign investment, businesses, banks and mines. It will also plunge this country into ethnic and racial conflict”.

He added that the EFF’s secretary-general, Marshall Dlamini, said land expropriation without compensation and the nationalisation of mines would be core.

Former DA leader Tony Leon also said an ANC-EFF coalition would be disastrous for South Africa.

“If the ANC joins forces with the EFF, I would strongly recommend that everyone who can leave the country,” he said.

“The EFF will destroy what is left of our state. They have declared war on a whole range of people who don’t look like them.”

“They will carry out the attacks because the ANC is so weak that it will just follow what the EFF wants to do.”

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