Alliance bigwigs expected to lead SACP march on Port Elizabeth banks

NOVEMBER 5, 2015

Several political bigwigs from the African National Congress (ANC), Congress of South African Trade Unions (COSATU), South African National Civic Organisation (SANCO) and the South African Communist Party (SACP) are expected to lead a march organised by the SACP in the Eastern Cape onto the Port Elizabeth offices of some of South Africa's leading banks on Thursday.

The march will demand transformation and diversification in the financial services sector. It will be led by Solly Mapaila - SACP 2nd Deputy General Secretary; Buti Manamela - Deputy Minister in the Presidency and SACP Central Committee Member; Zizi Kodwa - ANC National Executive Committee (NEC) member and its National Spokesperson; David Toyise - COSATU Eastern Cape Provincial Chairperson; Eugene Johnson - SANCO NEC Member and Mluleki Dlelanga - Young Communist League of South Africa (YCLSA) National Secretary.

In October, the SACP in the Eastern Cape announced that it had established a Financial Sector Campaign Coalition (FSCC), with its alliance partner - COSATU, ANC, SANCO, YCLSA, ANCYL, SASCO, COSAS, SACC, PAC, Taxi Association, SANGOCO, AZAPO, NAFCOC, EC Sports Council, Cooperatives Development Network, SGBs, SMMEs, among others, to ensure that the financial sector serves the people.

"The recent student struggles for free quality education has put impetus to the urgent need to transform the financial sector to compel them to contribute in the development of our country including free quality education," said Siyabonga Mdodi, SACP Eastern Cape Provincial Spokesperson, on Tuesday. 

The march to the banks will be held as follows:

Date: 05 November 2015 (Thursday)

Time: 10h00

Venue: Greenacres to FNB, Cape Road, Port Elizabeth

Speaker: Solly Mapaila, SACP 2nd Deputy General Secretary &

                 All FSCC Member organisations.