OMPHILE MAOTWE | EFF will keep pushing for a radical economic revolution in SA

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On its eighth anniversary, party vows to keep advocating for the redistribution of the economy for the benefit of all

The formation of the EFF eight years ago has placed the focus on the economic question in SA and across the African continent. The EFF exists because without economic freedom, all other freedoms, including political freedom, are meaningless. In the last eight years, the EFF always has been clear about ownership, control, and redistribution of the economy for the benefit of all, and in the South African case, this refers directly to the financial sector.

The financial sector is one of the most important sectors in SA’s economy and includes the banks, insurance companies and investment funds which play a critical role in the economic life of our country. In 1994, the financial services sector contributed 7% to the total GDP. In 2020, the share of the financial services sector to the GDP increased to 21%, making it the highest contributor...If you have already registered or subscribed, please sign in to continue.

 

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