In this video by ‘Starbird Disagrees’ we see the plans of EFF leader Julius Malema to nationalise the reserve bank of South Africa (SARB). Starbird looks at the scenarios around the proposal. The idea would be that the shareholders are kicked out and a law passed to Nationalise the bank, seeing it as a state owned entity. Basically a centralisation of power.
The land expropriation plans of the ANC along with this proposal will completely destroy the economy. And is a radical socialist communist plan. Many shareholders are international investors who clearly will not be enthusiastic for any further investment in South Africa.
South Africa Today – South Africa Media