BLF rejects Tito’s budget in toto

BLF rejects Tito’s budget in toto

Minister of Finance, Tito Mboweni, delivers his budget speech in parliament yesterday. Image: Sunday Times

The budget speech delivered by the Minister of Finance, Tito Mboweni, is nothing short of a direct attack on the poor and a brake on national reconstruction. Mboweni gave nuts and bolts to the pro Stellenbosch State of the Nation Address (SONA). This was therefore a Stellenbosch budget.

To pacify the poor, Mboweni threw some crumbs at them with one hand whilst taking it all back with another hand. What is the use of raising social grants but taking away the food of children by cutting the budget for the school feeding scheme? The burden to feed the child will invariably go to the grandparents and thereby erode even the nominal increases announced.

The fact that the Stellenbosch budget was approved by the top three political parties in parliament, shows that Stellenbosch is indeed in charge.

The Stellenbosch budget attack on social expenditure is evil. Mboweni will take away money from education, healthcare, and the municipalities. This means suffering for the poor.

Mboweni has also unleashed the destruction of the State-Owned Enterprises (SOEs) to accelerate the privatization of these entities. The allocation to Eskom is intended to fund the independent power producers (IPPs) which are empowered to take over from Eskom and sell directly to the public, thereby making electricity unaffordable for the ordinary people. This is treasonous and must not be pardoned, even after this regime has been moved from power. The same goes for the allocation for the South African Airways (SAA) – this is taking money from building hospitals and giving it to the friends of Coleman Andrews who bankrupted the SAA.

The proposals regarding the State Bank and the Sovereign Wealth Fund make no difference in a neoliberal policy environment. The Public Investment Corporation (PIC) is an existing wealth fund but it empowers white capital. It’s shocking to hear that money for the Sovereign Wealth Fund will come from privatisation.

The State Bank annouced by Mboweni is an irrelevant red herring in the environment where existing state banks are being destroyed. The Land Bank is underfunded and has just been thrown to the vulturous rating agencies. The same situation applies to the Postbank, and Ithala Bank – to name a few. Furthermore, government is selling its 50% share equity in the African Bank after a massive bail out on its part. In other words, government already owns 50% of a commercial bank. Black First Land First (BLF) rejects the state bank of Stellenbosch which will not give blacks interest free loans.

The budget speech has inadvertently revealed how the Stellenbosch parliament functions. The Democratic Alliance (DA) sets the policy agenda, the Economic Freedom Fighters (EFF) provides a left cover for the DA’s right wing policies, and the African National Congress (ANC) implements those policies.

BLF rejects the budget speech in its entirety. We call on the poor and workers to demand a pro people budget.

Issued by Black First Land First, National Coordinating Committee of (BLF NCC)

27 February 2020

Contact Details

Black First Land First Mail: [email protected]

Zanele Lwana
(BLF Deputy President)
Cell: +27 79 986 7225

BLF appalled by loadshedding created by white engineers at Eskom

BLF appalled by loadshedding created by white engineers at Eskom

Eskom’s Medupi power station. Image credit: Bosveld Review

Black First Land First (BLF) is not shocked but appalled by the revelation that white engineers have been allowed by Eskom to profit from loadshedding. This is state capture.

Eskom is being run down to justify privatization through loadshedding. Now it appears that the Eskom leadership has been incentivizing white engineers to facilitate loadshedding.

The loadshedding, which exposed Pravin Gordhan as a liar, was partly an outcome of the strategic breakdown of conveyor belts at the Medupi Power Station. The broken conveyer belts were built and designed by Rula Bulk Materials Handling, which is a company owned by Roelf Odendaal, whose brother Danie Odendaal is Eskom’s engineer general manager.

The very same Rula Bulk was again called to repair the belts that were shoddily produced by them. This is like allowing someone to break all the windows of your house and then paying the that person to fix the same broken windows. It is said that Rula Bulk has to date raked in over R2 billion from Eskom contracts.

BLF will be laying complaints of state capture at the Zondo Commission in this regard. We can’t allow such systematic looting to continue any longer. Eskom is a national asset and it must be protected

20 January 2020

Contact Details

Black First Land First Mail: [email protected]

Zanele Lwana
(BLF Deputy President)
Cell: +27 79 986 7225

Fight privatization of SAA, defend state assets

Fight privatization of SAA, defend state assets

Image via: Wikimedia Commons

Black First Land First (BLF) denounces the sale by the South African Airways (SAA) of the Airbus A340-300s, A340-600s and 15 spare engines. We are not surprised by the sale of the assets of SAA.

When Cyril Ramaphosa placed the SAA under business rescue last month, he did so at the behest of white monopoly capital (WMC) who spent R1 billion to bribe the ANC Nasrec conference so as to secure his position as president of the country. Ramaphosa is the preferred candidate of WMC in cahoots with imperialism. Now he is delivering the country to his sponsors.

BLF reiterates that those who voted for Ramaphosa voted for the dishing out of state assets to WMC and its agents. We maintain that after WMC has finished with the SAA they will seize Eskom.

BLF calls on all the progressive forces to hold an urgent national meeting towards stopping privatization in defence of state assets.

Issued by Black First Land First, National Coordinating Committee of (BLF NCC)

16 January 2020

Contact Details

Black First Land First Mail: [email protected]

Zanele Lwana
(BLF Deputy President)
Cell: +27 79 986 7225