The Economic Freedom Fighter’s media statement released on 02 April 2020 highlights the downside of the government’s leniency towards the financial sector’s lockdown compromises.
Failure by the financial sector to give all people payment holidays from bonds, medical aid, insurance, installments and loans will force people to undermine the lockdown.
The red berets condemn the financial sector’s refusal to adapt to the danger facing society due to the coronavirus pandemic.
The refusal of the sector to give people payment holiday will result in the lockdown collapsing thereby making the spread of Covid-19 uncontrollable.
EFF says the Reserve Bank should have imposed upon the financial sector guidelines to give payment holidays to South Africans from the day the lockdown began.
According to the EFF, a patriotic Reserve Bank and a considerate Governor should have implemented these measures from the very beginning.
All these have not happened to this day because the government of the day is paralyzed by cowardice, they said.
The statement further states that it cannot be that government fears certain sectors and society of the economy who have threatened potential violent responses should regulations by the state not be in line with their demands.
“No institution should on its own be more powerful than the state.”
The government cannot bow to the pressure from people who demand that the state should relax regulations in order that they can continue making a profit at this time.
This lockdown will disintegrate if the state fails to be firm and uncompromising.
Finally, the EFF commends the SANDF and the SAPS members for the work on the ground enforcing the lockdown regulations.
Also, for putting their lives at risk in confronting law-breakers and for their uncompromising determination at people who provoke and insult them
“EFF will never support any individual who breaks the regulations of the lockdown. The first duty of the revolution is to defend life”