May 1, 2024

News and Political Commentary

South Africa’s EFF Wants Central Bank Reforms in Vote Manifesto

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The Economic Freedom Fighters, South Africa’s third-largest political party, called for an overhaul of central bank policy and higher corporate taxes in a campaign manifesto released in anticipation of this year’s national elections.

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(Bloomberg) — The Economic Freedom Fighters, South Africa’s third-largest political party, called for an overhaul of central bank policy and higher corporate taxes in a campaign manifesto released in anticipation of this year’s national elections.

Most opinion polls predict the party will garner less than a fifth of the vote, making it unlikely the EFF will form the next government. That didn’t stop party leader Julius Malema from unveiling an ambitious plan to more than 50,000 people at the Moses Mabhida stadium in the eastern city of Durban on Saturday.

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Bloomberg News

2024-02-11 02:53:59

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