SACP Eastern Cape plans mass march to SA banks in Port Elizabeth

OCTOBER 14, 2015

The South African Communist Party (SACP) in the Eastern Cape is set to march to the Port Elizabeth offices of South Africa's big banks at the end of the month calling for transformation in the financial services sector.

This follows the establishment of a Financial Sector Campaign Coalition (FSCC) by the SACP, whose leadership will be announced during a presser on Monday in Port Elizabeth.

"The FSCC is established in line with its consistent campaign of the SACP that of calling for the transformation and diversification of the financial sector to serve the people. It brings together a range of social forces, COSATU, ANC, SANCO, YCLSA, ANCYL, SASCO, COSAS, SACC, PAC, Taxi Association, SANGACO, AZAPO, etc," explained SACP Eastern Cape SACP Provincial Spokesperson, Siyabonga Mdodi, in a statement.

"The SACP-led FSCC is established to mobilize the people in general and working class in particular in fighting for the transformation of the financial sector to serve the people.

"We, as the SACP are of the view that the transformation of the financial sector or winning any struggle whether in the boardroom or in the streets requires a unified working class as a precondition for any possible advance."