EFF IFP Assassination plot

The EFF says their ground forces must not retreat or surrender after IFP allegedly assassination plot. Image via Twitter: Economic Freedom Fighters
@EFFSouthAfrica

EFF accused of funding ‘white monopoly capital’ with R6m donation

Julius Malema is accused of gifting millions to white business after his party’s donation to the Solidarity Fund.

EFF IFP Assassination plot

The EFF says their ground forces must not retreat or surrender after IFP allegedly assassination plot. Image via Twitter: Economic Freedom Fighters
@EFFSouthAfrica

The Economic Freedom Fighters (EFF) are being accused of serving “white monopoly capital” after donating to the Solidarity Response Fund, launched to ease the financial impact of the current global pandemic on the country.

Malema accused of gifting millions to white business

Of the donations totalling over R2bn received by the fund so far, R6 million was pledged by the EFF, who challenged others to follow their lead in producing proof of payment.

The red berets’ act of goodwill has attracted criticism from none other than Black Land First (BLF), who accused the party of lacking “pro-black ideology” and ditching Black Consciousness ideals to pander to the likes of well-known businessmen, Johann Rupert.

“The lack of BC has reduced these parties to being servants of white monopoly capitalists like Johann Rupert,” BLF’s deputy president, Zanele Lwana said.

Zanele Lwana, Black Land First

Lwana said the R6 million donated by the EFF is party leader, Julius Malema’s gift to white business.

Allegations of ‘sidelining black business’

The Solidarity Fund has been accused of sidelining black business, following a Sunday World report that the majority of contracts awarded for the supply of medical equipment have gone largely to white-owned companies.

“Malema ignored these legitimate cries. To this end, he chose to donate the R6 million with no conditions in favour of black businesses to the same Solidarity Fund,” Lwana added.

“Black businesses, like spaza shops, have been destroyed by the lack of government support during the lockdown. In fact, white monopoly capital is now taking over the township economy after the destruction of black businesses during the COVID-19 crisis.”

Zanele Lwana, Black Land First

Several businesses have donated to the Solidarity Fund, including the Coca-Cola Company and Sibanye Stillwater.