Malema: SAA should not be for sale!

Economic Freedom Fighters(EFF) leader Julius Malema.Image : Itumeleng English/Africa News Agency (ANA)

Economic Freedom Fighters(EFF) leader Julius Malema.Image : Itumeleng English/Africa News Agency (ANA)

Published May 16, 2022

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The EFF has vowed to do everything in their power to reverse the sale of South African Airways (SAA).

EFF leader Julius Malema said it is evident that all State-Owned Companies will first be made dysfunctional thereafter given for free to the white capitalist establishment.

Malema was speaking on Monday during a media briefing following the party’s Central Command Team meeting on the 14th and 15th of May 2022.

He announced that his party was consulting with its lawyers to urgently stop the sale of SAA to Takatso Consortium - a “politically connected group” which is linked to “white capitalists” in South Africa.

“We have referred the matter to our lawyers because we believe strongly that we should take this matter to court and make sure that this deal is reversed. There is no airline that can be sold for R51, not even a single part. We are being taken for a ride and we are being undermined,” said Malema.

He said it is concerning that there is no declared crisis with the transaction by the media.

“The same thing Denel is going through, it is going to be sold for R21 and Eskom will be sold for R1. State’s assets are being sold to the friends of politically connected and we are not going to sit back and allow that nonsense,” Malema said

He said they have no interest in meeting the Takatso Consortium.

“It doesn't matter what form of a transaction they engaged in, even if it was corrupt-free and every little detail was followed, we will still oppose it as EFF because we oppose the privatisation of SAA. We believe that SAA should not be for sale,” he said.

Malema said the problems of Eskom and Denel were part of the current’s government intention and method of incapacitating State-Owned Companies so that they could be later handed over to the private sector.