BusinessDay.gif

 

 

SACP takes aim at banking system and opposition parties

 

 

Karl Gernetzky, Business Day, Johannesburg, 7 January 2015

 

The South African Communist Party (SACP) has set its sights on breaking up
the "monopoly" of SA's big four banks; preventing the opposition from
winning metros in Gauteng; and strengthening ties with communities to
counter divisions within the tripartite alliance.

 

Speaking at a memorial service to commemorate the 20th anniversary of the
death of struggle icon and SACP chief Joe Slovo, general secretary Blade
Nzimande attacked the media and opposition parties.

 

He described divisions within the Congress of South African Trade Unions
(COSATU) and attacks on African National Congress (ANC) leadership as an
"imperialist strategy" to divide the working class from the liberation
movement.

 

Similar strategies, which included attempts by opposition parties to
"co-opt" former leaders - in order to make unfavourable comparisons with
current leadership - had been pursued successfully in other African
countries, he said. The SACP's financial sector campaign would focus on
changing SA's financial sector to orientate it more towards development.

 

SA's banking system only offered two options: "monopoly" banks and
mashonisas (loan sharks), "with nothing in between", Mr Nzimande said.

 

In Gauteng, the emergence of the Economic Freedom Fighters - the party
obtained more than 10% of the vote - and the Democratic Alliance's 9%
improvement are threats to the ANC's control of the province.

 

The United Front - a new political movement spearheaded by the National
Union of Metalworkers of SA (NUMSA), which has been expelled from COSATU -
could contest key local elections next year, providing more opposition to
the alliance.

 

SACP Gauteng chairman Joe Mpisi said the party would ensure that "all the
metros in Gauteng" were retained.

 

Unions supporting NUMSA have demanded that its expulsion be lifted ahead of
any attempt by the ANC to broker a political settlement within COSATU.

 

No further meetings between the ANC and COSATU affiliates had been
scheduled, the federation's deputy general secretary, Bheki Ntshalintshali,
said on Tuesday.

 

However, the end-of-year break had allowed time for perspective, while there
was also pressure to finalise issues ahead of the next COSATU central
executive committee meeting next month, when some will be discussed.

 

These issues included discussions with the ANC on contentious chapters of
the National Development Plan and finalisation of the national minimum wage.

 

 

From:
http://www.bdlive.co.za/national/politics/2015/01/07/sacp-takes-aim-at-banki
ng-system-and-opposition-parties

 

 

 

 

 

 

 

 

 

 

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