Malema criticises Finance Minister's forthcoming budget speech

EFF leader Julius Malema has expressed scepticism about Finance Minister Enoch Godongwana's upcoming budget speech, calling for a shift in economic planning.

- RAPULA MOATSHE

Addressing thousands of EFF supporters marching from the Union Buildings to the National Treasury office in Pretoria yesterday, he said he expects the budget speech on Wednesday to be “another lie”.

The EFF march was held to celebrate the party's victory in stopping the VAT hike. The Western Cape High Court's ruling suspended the proposed VAT increase and invalidated the 2025 Fiscal Framework, citing the National Assembly's unlawful adoption of the framework. The EFF and DA spearheaded the legal challenge.

Malema predicted that the budget speech will be devoid of plans for job creation, economic growth, or support for state-owned enterprises like Transnet.