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On Sunday, Julius Malema, the leader of the Economic Freedom Fighters (EFF) in South Africa, addressed his supporters and issued a warning to the ruling African National Congress (ANC) during a rally in Pietermaritzburg, KwaZulu-Natal.
Malema insisted that the ANC would lose control of the province after the 2024 elections and that the EFF was targeting KwaZulu-Natal.
He said:
READ: EFF to flush out teachers from IEC
Malema claimed that individuals who questioned his party were unaware that the EFF would be in power in the eThekwini Metropolitan Municipality before the 2024 general elections.
But Malema's sights weren't solely set on the ANC as a whole.
He also aimed at the KwaZulu-Natal Premier, Nomusa Dube-Ncube, accusing her of being a "puppet" of ANC provincial chairperson Siboniso Duma. He questioned her willingness to be undermined, urging her to either stand up for herself or accept her "puppet" role.
READ: KZN ANC defends Siboniso Duma amid allegations of sexism and undermining Dube-Ncube
More focus on banks' currency manipulation
The EFF leader didn't shy away from the hot topic of currency manipulation, with almost 30 banks facing the heat for allegedly fixing the rand-dollar exchange rate.
British multinational bank Standard Chartered was recently fined almost R43 million by the Competition Commission after it admitted to engaging in currency manipulation between 2007 and 2013.
According to Malema, creating a state-owned bank that would compete with other banks would be one of the most sensible things that could be done.
"Let there be state-owned and private banks. Today, the banks manipulate the rand, and no one has suggested any radical action against the banks because they are controlled and captured by capitalists."
READ: Banks' collusion had no real impact on rand, says National Treasury
According to Malema, those who operate bank-financed taxis "have paid more than they were supposed to" as a result of the rand's manipulation.
