From left to right; Mike Brown (Nedbank CEO), Stephen Koseff (Investec CEO), Cas Coovadia (Banking Association MD)
and Cyril Ramaphosa (Deputy President)
The unlikely event of
nationalisation
Will the Economic Freedom Fighters’ (EFF) recent induction into parliament
mean a new direction in SA’s economic policy? asks Zweli Mokgata
E
FF, the brainchild of Julius Malema, has gained
strength quickly since his unceremonious exit from
the ruling party.
The controversial former ANC Youth League
president has pushed what some have called an
extreme left-wing political agenda through his fledgling party,
making a string of ambitious promises, targeted mostly at the
lower end of the social spectrum. The most controversial of these,
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BANKER SA
EFF Feature_4.indd 14
and most frightening to the business community, is the vow to
nationalise major sec ܜ