Transform or face the revolution, Malema warns room full of bankers
'Success is associated with whiteness. A white minority continues to own and control 90 percent of South Africa's economy'
Economic Freedom Fighters leader Julius Malema has given a stern warning to white owned companies to transform or else "wait for revolution" when transformation will be implemented. "This is a lesson for revolution‚ you think you are owning now [and] you don't want to find a long lasting solution to this crisis. You will lose everything‚ one day you will wake up in the morning and you have nothing beside of this reality‚" warned Malema. He was speaking at the Rand Merchant Bank (RMB) on Thursday on the topic of economic growth versus redistribution. Malema‚ who was accompanied by EFF deputy president Floyd Shivambu‚ told the delegates that white South Africans are economically superior to black South Africans‚ saying they gained this through apartheid‚ colonial‚ inhuman and illegal means. He said failure to accept this is at the centre of the country’s problems and that the red berets would have to change that. "The point we are making here is that success is associated with whitene...
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