EFF resolves to change laws to ensure economic transformation

The Economic Freedom Fighters’ second National People’s Assembly resolved to change several laws to ensure economic transformation. The EFF will table a private members bill to change the Public Finance Act and the Municipal Finance Management Act to ensure national and provincial governments procure 80% of their goods and products from local producers of which 50% must be women and the youth.

[In Pics]: All Commissions were filled with delegates that made valuable contributions. #EFFNPA2019 pic.twitter.com/D1vfLZSpYd

— Economic Freedom Fighters (@EFFSouthAfrica) December 16, 2019

Senior EFF member in Limpopo, George Raphela, says they will also help finalise legislation that penalises companies who evade tax.

“The second NPA resolve to finalise the general Anti-Avoidance Tax Bill which seeks to criminalise all forms of tax avoidance and illicit financial flows. Multinational companies who operate in South Africa and who engage in tax avoidance and illicit financial flows will have their assets nationalised.”

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