EFF threatens to boycott Budget speech

Finance Minister Malusi Gigaba
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The Economic Freedom Fighters (EFF) has threatened to boycott Wednesday’s Budget speech unless President Cyril Ramaphosa removes Finance Minister Malusi Gigaba with immediate effect.

In a statement, the EFF says while Gigaba was Public Enterprises minister up to 2014, he surrendered State-owned enterprises boards to what it calls the “Gupta syndicate”.

The EFF also says while Gigaba was Home Affairs minister, he ensured that the Guptas attained citizenship in South Africa, aiding them to qualify for BEE deals with State-owned enterprises.

The party says all this makes makes Gigaba a “Gupta stooge”.

Gigaba is set to present his maiden Budget Speech in Parliament on Wednesday afternoon.