EFF celebrates revival of SA Reserve Bank Nationalisation Bill, pledges public support

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EFF celebrates revival of SA Reserve Bank Nationalisation Bill, pledges public support
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“We urge all progressive stakeholders to prepare their submissions. Progressive stakeholders who require assistance with their submissions or oral presentations are encouraged to contact the EFF,” said Mathys.

The Economic Freedom Fighters has welcomed the revival of South Africa n Reserve Bank Nationalisation Bill introduced in 2018, by the party’s leader Julius Malema . Picture: Itumeleng English / Independent Newspapers / FileThe Economic Freedom Fighters has expressed excitement and welcomed the decision of reviving the nationalisation of the South Africa n Reserve Bank Amendment Bill, which was introduced by the party’s leader, Julius Malema .

The Amendment Bill aims to amend the South African Reserve Bank Act to make the state the sole shareholder of the shares in the bank and grant powers to the minister of finance to exercise the rights associated with the shares on behalf of the State. Meanwhile, EFF’s national spokesperson Leigh-Ann Mathys expressed that the party has welcomed the Standing committee on finance to revive the bill and conduct public hearings.

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Political System Political Process Politics Government Banking Financial And Business Service Business Finance Economy Business And Finance Monetary Policy Eff Sa Reserve Bank South Africa Julius Malema Banking Finance Parliament

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