The solution to South Africa's stagnated economy, according to Julius Malema, is to nationalise the land. The Economic Freedom Fighter leader says that giving the land back to black people will help aid economic growth.
Julius Malema gave Mzansi insight into the Economic Freedom Fighter's plan for South Africa.
The party leader says that the EFF aims to restore the economy and is adamant that nationalising the land will help achieve this.
“First, we nationalise the land and give it to our people so that you increase the number of people who produce food for our people. We say 100% of food produce in South Africa will be produced here and we’ll not look for food anywhere else."
According to Eyewitness News, Malema will also prioritise the economic zones in areas that South Africans call home.
When the EFF launched its election manifesto, it had highlighted that the black majority did not hold the nation's wealth and continued to be the economic minority.
“We’re speaking about the national roads as well as part of growing the economy, that we need to put more money in road infrastructure.”
When the EFF launched its election manifesto it had highlighted that the black majority did not hold the nation's wealth and continued to be the economic minority.
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Malema once again outlined the seven pillars of his party's manifesto, namely:
1. Expropriation of land without compensation for redistribution
2. Nationalisation of mines, banks and other economic sectors, without compensation
3. Building government capacity, eventually leading to the end of the tender system
4. Free education, healthcare, homes and access to sanitation
5. Massive industrial development to aid in job creation, the introduction of a new minimum wage
6. Developing Africa's economy and advocating the move from reconciliation to justice on the continent
7. Corruption-free government and society without victimisation by state agencies
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