EFF calls on govt to impose interest free payment holiday during Covid-19

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The red berets say the three month payment holiday would be for all the people who cannot afford to make the payments due to the nationwide lockdown.

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The EFF has called on the government to impose an interest-free payment holiday for three months for South Africans who cannot afford to make the payments due to the nationwide lockdown.

The red berets said though they welcomed the extension of the lockdown by an additional 14 days announced by President Cyril Ramaphosa on Thursday evening, “we are not convinced that government has taken adequate measures to mitigate against the economic and subsistence consequences on ordinary people”.

“The president and the Covid-19 Command Council are tip-toeing around the financial services sector and are afraid to provide decisive and clear direction that will insulate our people from the economic jeopardy of further exclusion and repossession of their vehicles, businesses and houses. “This points to the reality that the financial services sector, particularly banks have disproportionate political control of the elected government.”

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EFFSouthAfrica it's leadership

Hahahaha what a nonsense foolish statement, yesterday the same people were saying Corona virus came with Holiday people from overseas and but now oh no We EFF commands the government must impose a law to the Banks and the suspension payments of holiday payments

MbuyiseniNdlozi EFFSouthAfrica is really applying a needed leadership, everybody is inspired by this organization full of educated intelligent intellectuals under the leadership of Commander-in-Chief Julius_S_Malema... God bless them ❤️

Makes sense.

All they have to do, is extend the loan periods across the board MV loans, home loans, personal loans, credit card payments, municipal accounts All credit based finances... The interest can still be collected over the extended period

MbuyiseniNdlozi Thanks to EFF leadership.

MbuyiseniNdlozi The fact dad dey dnt talk about de poor of de poorest dnt dis lockdown is useless because de hungry man is a enegry n he dnt mind going to jail bcos he hv nothing to lose, jail will be bter bcos he will not worry about wt to eat

MbuyiseniNdlozi .

The nation is waiting the apartheid beneficiaries to contribute on Solidarity Fund plz , you have a lot in your reserves, that would be plowing back what was stolen from the masses of this country

Yebo phela

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