The Economic Freedom Fights (EFF) says it has written to Finance Minister Enoch Godongwana and the Finance Standing Committee demanding an urgent meeting over the approval of a R11.5 billion loan from the World Bank.
The party has rejected the billion-rand loan that was said to be aimed at supporting government’s efforts to protect the poor from the adverse effects of the COVID-19 pandemic.
EFF Secretary-General Marshall Dlamini raised concerns that loans would cost the country its sovereignty.
“The are other ways and means of raising money in South Africa before you rush to those other places that are going to take over the country. We’re going to fight against it through Parliament and all other avenues open to us.”
-EWN
In other news – Cause of death: More headache for Cassper Nyovest
Mzansi rapper Cassper Nyovest is facing the brunt of hate from South African tweeps who have reacted to tragic death of actor Patrick Shai.
The veteran star was found dead on Saturday morning after ending his life. The shocking news comes days after he challenged Cassper Nyovest to a boxing match. Following an outcry from the rapper himself, Patrick Shai apologized for offending the star and insulting his family. Learn More