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EFF will nationalise land, mines, Malema tells US business

Julius Malema (File: Foto24) ((Denvor De Wee, Foto24))

20 September 2015


Julius Malema (File: Foto24) ((Denvor De Wee, Foto24))

Julius Malema (File: Foto24) ((Denvor De Wee, Foto24))

By Thomas Hartleb

Johannesburg – US investors will have to deal with state ownership of land if the EFF comes to power, party leader Julius Malema has told the American Chamber of Business.

“There is no wishy washy. You take it or leave it. We may even give you affordable electricity,” he told representatives of companies including Coca-Cola and Johnson & Johnson on Tuesday.

They would have to apply for 100-year leases, but residential property would not be affected. He tried to reassure his audience by saying the party respected the country’s laws and Constitution.

Read the full article from News24.

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