- On Sunday, Floyd Shivambu spoke at an EFF event in Cape Town
- There, he stressed the EFF's commitment to nationalising banks and mines
- He also railed against "neo-colonialism" and reiterated the EFF's belief in land expropriation without compensation
EFF Deputy-President Floyd Shivambu spoke at a party event in Cape Town over the weekend, where he reiterated several aspects of the EFF manifesto.
Shivambu reaffirmed the Red Berets' commitment to land expropriation without compensation, among other issues.
He also spoke about nationalising mines and banks and outlined the so-called 'pillars' of the EFF.
During his address, Shivambu stressed that the EFF is anti-capitalist. He said explicitly that "we do not believe that the key means of production must be privately owned". He stressed that they should instead be "collectively owned" - which, given his multiple references to nationalisation, means owned by the state.
According to Times Live, Shivambu also spoke about economic emancipation, saying that the EFF would improve people's standard of living by nationalising mines and banks, expanding state capacity and providing free quality education. He also called for "open, accountable, corruption-free government".
Shivambu also spoke about "neo-colonialism". Using Ghana as an example, he argued that black South Africans had political power, but were "not in control of the economy".
Additionally, Shivambu stressed the EFF's commitment to land expropriation without compensation. He went so far as to list it as first among the EFF's pillars, Briefly.co.za has gathered.
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