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Monday, 18 May 2026

Science, Technology and Innovation announces R10.4 Billion Budget for 2026/27 Financial Year

Science, Technology and Innovation announces R10.4 Billion Budget for 2026/27 Financial Year

BY : CHANON LECODEY MERRICKS ONLINE EDITOR KASiBC_AFRiCA

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The Minister and Deputy Minister of Science, Technology and Innovation, Professor Blade Nzimande and Dr Nomalungelo Gina, today announced a R10.4 billion budget for the 2026/2027 financial year, showing continued investment in priority areas of science, technology, and innovation in South Africa.  

 Investment in cutting-edge research technologies, high-level skills development, research infrastructure, and innovation that advances economic growth, social development, and South Africa’s global competitiveness are among some of the priority areas for the Department of Science, Technology and Innovation.

Guided by the Decadal Plan 2022 – 2032 and the Department’s institutional mantra to place STI at the centre of government, education, industry, and society, the budget priority plans reflected the Department’s commitment to building a transformed, inclusive, and responsive national system of innovation.

 Addressing Parliament on Friday, 15 May, Minister Nzimande said that with the world facing one of the most unpredictable and precarious moments in human history, the future depends on the country’s willingness to use innovation to advance justice, equality, and peace.  

For this reason, the Minister said the allocation would be used in the next three years to expand the scale and impact of the Department’s work.

This includes intensifying efforts to raise gross expenditure on research and development to 1.5% of GDP, accelerating the transformation and expansion of STI human resources and research workforce, and strengthening the coordination and direction across the NSI through, among others, the Inter-Ministerial Committee on STI and the Presidential Plenary for STI.

The Department will also maintain support for key science projects, such as the Square Kilometre Array, and strengthen pandemic preparedness capacity. Strategic innovation compacts with STI-intensive state departments and private sector partners will also be forged, as well as upgrading critical science infrastructure and developing critical high-end skills, including through the Presidential PhD Programme.

The Minister said the Department would also be mobilising more funding and resources to expand the impact of key programmes such as artificial intelligence, energy security, space, vaccine manufacturing, and indigenous knowledge systems.

There will also be continued efforts to strengthen strategic partnerships, especially across Africa and the Global South, and increase public awareness about the contribution of our public science system to human development through a stronger public engagement and communication campaign.

Among the progress made last year in the implementation of the Decadal Plan 2022-20232, with KfW, a German bank, 19 infrastructure projects were approved to strengthen South Africa’s vaccine development, testing, manufacturing, and regulation.

“We also allocated R14.9 million to strengthen bio-surveillance, ease livestock export restrictions linked to foot-and-mouth disease, and support the Biosecurity Hub at the University of Pretoria,” said the Minister.

On boosting innovation in manufacturing, the Council for Scientific and Industrial Research launched a Hot Isostatic Press facility in Tshwane to strengthen local manufacturing, improve metal component performance, and reduce reliance on offshore processing.

Deputy Minister Gina said the government was clear that without significantly stronger industry investment in innovation, South Africa will not be able to compete at the pace required by a rapidly changing global economy.  

“We are therefore intensifying our engagement with business leadership to unlock greater investment in science, technology and innovation for the country. To drive this forward, we are establishing dedicated working groups and workstreams with major national corporations to build impactful, long-term industry partnerships,” said Dr Gina.

A key highlight of the work on indigenous knowledge systems was the graduation of 96 students with bachelor’s degrees in IKS from North-West University. The Department has funded this programme since 2013, and student enrolment has grown steadily over the years.

Another highlight was the establishment of 13 Living Labs, nine Centres for Innovation and Entrepreneurship, and mLabs in four provinces.  

These facilities provide a physical space and innovation infrastructure for innovators to ideate and progress their prototype solutions to market through the offering of structured innovation support, training, and a combination of technical and innovation skills training.

The Deputy Minister said the DSTI was determined to change the face of the science, technology, engineering, and mathematics professional pipeline in South Africa.  

“The profile of our professional pipeline is overwhelmingly white, male, and urban. Women and rural people are underrepresented. Transformation of the STI in its class composition, gender, and race is fundamental to our agenda,” said Dr Gina.

She said the budget vote demonstrated the Department’s shift from the old Department that paid more attention to the sciences and research.  

“While these areas remain important, DSTI is making a strategic focus on innovation and technologies in strengthening the system of national innovation. We are making headway in this mandate; we will leave no one behind,” said the Deputy Minister.

The Budget Vote followed a public engagement programme hosted by the Department and its entities at Iziko Museum. Attended by local and international stakeholders in the National System of Innovation, including school learners and university students, it showcased a number of exhibitions and a public lecture on Artificial Intelligence delivered by Professor of Computer Science, Vukosi Marivate.

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Minister Leon Schreiber: Home Affairs Dept Budget Vote 2026/27


Minister Leon Schreiber: Home Affairs Dept Budget Vote 2026/27

BY : CHANON LECODEY MERRICKS ONLINE EDITOR KASiBC_AFRiCA

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Budget Vote Speech delivered by the Minister of Home Affairs on the occasion of the Home Affairs Budget Vote Debate (Vote 5) in the National Assembly

Honourable Speaker, Thoko Didiza

Deputy Minister of Home Affairs, Honourable Njabulo Nzuza

Chairperson of the Portfolio Committee on Home Affairs, Honourable Mosa Chabane

Honourable Members of the Portfolio Committee,

Director-General of the Department of Home Affairs, Mr Tommy Makhode CEO of Government Printing Works, Ms Alinah Fosi

Commissioner of the Border Management Authority, Dr Michael Masiapato Distinguished Guests,

Ladies and Gentlemen,

A little less than two years ago, I introduced the Home Affairs @ home programme to reimagine, rebuild, and reform the Home Affairs ecosystem from top to bottom.

Across the Department of Home Affairs, the Border Management Authority, and Government Printing Works, I committed to the people of South Africa that we would pursue digital transformation to urgently resolve the systemic failures that long dogged this ecosystem.

Crucially, the reform agenda of this administration recognised from day one that the old service delivery model was not only broken, but wholly misguided.

Under the old way of doing things, access to Home Affairs services was premised on forcing 63 million citizens to use just 349 physical locations to obtain critical services.

Form the start, we had the courage to do things differently by recognising that this ecosystem did not only need piecemeal changes.

It required radical reform that would turn the traditional service delivery model on its head.

Instead of forcing every single South African, as well as every legitimate visitor, to go and stand in a queue to access just a handful of physical offices, our vision is to use the power of technology to bring our services closer and closer to the people – until we deliver it right in their own homes.

Home Affairs @ home.

The backbone of this reform journey is defined by three flagship projects.

First, to massively expand inclusion and access to physical documents, such as Smart IDs and Passports, through a ground-breaking new digital partnership model with the banking sector.

Second, to build the world’s most sophisticated digital visa processing system to eliminate fraud and inefficiency through the Electronic Travel Authorisation (ETA).

And finally, to build a new Digital Identity system that enables remote verification and introduces digital versions of Home Affairs products that South Africans can securely access through their smartphones.

Just two years later, our vision and courage in embracing wholesale reform is paying off in the biggest way imaginable.

Millions of South Africans are beginning to feel the difference.

Let’s start with our digital partnership to expand access to physical documents.

By digitalising the long-standing partnership between Home Affairs and the banking sector, we have already expanded access to Smart ID replacement services by a staggering 47% just two months after the system went live.

After only eight weeks, a total of 167 bank branches across the length and breadth of South Africa now offer Smart ID replacement services, with more branches going live every week.

Through this new model, the Smart ID application process has been completely digitalised.

Gone are the days of spending a whole day in a queue.

At these 167 bank branches, it now takes as little as five minutes to apply for an ID.

No prior bookings are required. No paperwork is needed.

And there is no official discretion, completely sealing the system off from manipulation and fraud by relying on the power of biometric technology.

It is therefore little wonder that, within just eight weeks, a total of 118 434 Smart ID applications have already been successfully processed through this new system for people who are switching from the Green ID book to the Smart ID, or replacing a lost ID card.

This project holds the key to ensuring that each of the 16 million people who still use the vulnerable Green ID book are able to switch to the more-secure Smart ID.

The Green ID is the most defrauded document on the African continent, and sits at the heart of financial fraud and identity theft in our country.

For the first time, Home Affairs now has a clear roadmap to ensure that every South African is able to switch to a Smart ID, which will enable us to finally end the recognition of the Green ID book as a valid form of identification.

Given the astonishing success of this project, we have raised our ambitions accordingly.

I can announce today that, by the end of 2026, we aim to roll this service out to at least 750 bank branches, extending them into every corner of South Africa.

Over the next few weeks, we will also roll out first time Smart ID and Passport applications through this new system.

And we will introduce doorstep delivery of IDs and Passports for the first time in South African history.

Thanks to our laser focus on digital transformation, South Africans will shortly have the option of having their enabling document securely couriered right to their own doorstep, without the need to travel anywhere just to do a collection.

Home Affairs @ home.

Let us now turn to our second flagship, the ETA.

Ahead of the G20 leaders’ summit, we rolled out the ETA for tourists from China,

India, Mexico and Indonesia.

This new system uses biometric and machine learning technology to enable prospective travellers to apply for a tourist visa on their laptop or smartphone, and receive their visa within just 24 hours.

The ETA transforms national security, by checking 40 different parameters to verify the authenticity of a passport and by using liveness detection to verify a selfie of the applicant against their passport photo.

The BMA then uses facial recognition technology once the traveller arrives at the border post, to verify their identity and visa.

Once again, this is all done without any scope for discretion or manipulation.

Even with the rollout initially limited to just four countries, I can report today that the ETA has already processed over 75 000 applications, resulting in more than 71 000 approvals and nearly 4 500 rejections.

Think about that for a moment.

That’s almost 4 500 people who were prevented by the ETA from obtaining a visa, who may otherwise have entered our country illegitimately under the old manual and paper-based system.

With final technical work currently underway, we will shortly expand the ETA to tourists from many more countries.

This will unlock entire new growth markets for our tourism sector in ways that were unimaginable under the previous manual and paper-based system.

Over the remainder of this administration, we will roll out the ETA to cover all visa categories, in order to entirely eliminate the space for inefficiency, fraud and corruption.

Once our rollout of the ETA is complete, it will go down in history as the single most powerful reform ever implemented to secure our immigration system, while enabling legitimate travellers to conveniently obtain visas through their smart device.

Home Affairs @ home.

For our third flagship reform, Digital ID, we have recently published draft regulations in terms of the Identification Act.

I invite all stakeholders to comment on these draft regulations before the closing date of 6 June, so that we can implement an appropriate and fit-for-purpose regulatory framework for this new system that will enable South Africans to securely access Home Affairs services in the palm of their own hand.

Home Affairs @ home. Madam Speaker,

These three flagship reforms are supported by a comprehensive culture change process.

This includes a digital training component that is equipping thousands of our officials for the future world of work.

At the same time, our crackdown on corruption is gathering pace at an unprecedented rate.

Since the start of this administration, the Department of Home Affairs has secured 10 criminal convictions, 14 arrests, and 65 dismissals.

The BMA has secured an additional 26 arrests and 34 dismissals.

We are now carrying out dismissals, arrests and convictions on a near-weekly basis.

Crooked officials are no longer asking whether they will be caught.

They are spending all their time wondering when it will be their turn. My answer to them is simple: sooner than you think.

We will not rest until every single corrupt official is swept away by the tide accountability that is washing over Home Affairs.

Our reform drive is also supported by a series of legal and policy breakthroughs.

Earlier this year, Cabinet approved the Revised White Paper on Citizenship, Immigration and Refugee Protection, which will now be converted into a draft bill designed to transform the very foundation of the South African state.

By implementing the Revised White Paper, we will introduce the first-safe-country-principle to end the practice of asylum seekers “picking and choosing” South Africa as their only destination in the region.

While upholding our fundamental constitutional commitments and the rights of legitimate refugees, this legal reform will empower us to reject asylum seekers who deliberately travel through other safe countries with the sole aim of coming to South Africa.

Let me make it clear today that South Africa is not the only safe country in our region, and through the implementation of this new policy, we will no longer tolerate the abuse of our country’s migration system.

This reform was further bolstered just this past week, when we won a landmark case in the Constitutional Court.

The Court confirmed our position that asylum seekers must not be allowed to submit endless repeat applications while remaining in the country indefinitely once their original application has been rejected.

We will use this judgement from the highest court in the land, in combination with the legislative changes flowing from the Revised White Paper, to ensure

that we ramp up lawful deportations even more effectively than we have already done.

Over the past two financial years, Home Affairs has carried out nearly 110 000 deportations – an increase of 46% compared to previous years.

This is in addition to the over 945 000 people that the BMA has prevented from entering into South Africa, either illegally or because they did not have the required documentation, since its establishment.

In fact, under Operation New Broom that I launched last year, Home Affairs conducted an incredible 10 700 enforcement inspections across the country during the past financial year – overperforming our annual target of 4 000 by more than double.

In the last year alone, Home Affairs has done more immigration enforcement operations than during the entire five-year term of the previous administration.

Through our unwavering commitment to upholding South Africa’s Constitution and our immigration laws, we are rapidly restoring the rule of law in a domain where it was eroded over decades.

Finally, our reform programme is supported by the single biggest investment ever in border infrastructure.

Last month, the BMA announced the bidders that have been selected for a R12.5 billion public-private partnership to demolish and rebuild our country’s six busiest land ports of entry.

Taken together, our reform agenda is directly enhancing national security, improving the efficiency of service delivery, and repositioning Home Affairs as a powerful economic enabler.

Through this agenda, we are reforming what was once the most maligned department in all of government, into a world-leader in modern governance.

If ever there was an agenda that called on all of us to put our country over politics, it is this one.

We are laying a modern and future-fit new foundation for the South African state that will stand our country in good stead for decades to 

Home Affairs @ home.

For our third flagship reform, Digital ID, we have recently published draft regulations in terms of the Identification Act.

I invite all stakeholders to comment on these draft regulations before the closing date of 6 June, so that we can implement an appropriate and fit-for-purpose regulatory framework for this new system that will enable South Africans to securely access Home Affairs services in the palm of their own hand.

Home Affairs @ home. Madam Speaker,

These three flagship reforms are supported by a comprehensive culture change process.

This includes a digital training component that is equipping thousands of our officials for the future world of work.

At the same time, our crackdown on corruption is gathering pace at an unprecedented rate.

Since the start of this administration, the Department of Home Affairs has secured 10 criminal convictions, 14 arrests, and 65 dismissals.

The BMA has secured an additional 26 arrests and 34 dismissals.

We are now carrying out dismissals, arrests and convictions on a near-weekly basis.

Crooked officials are no longer asking whether they will be caught.

They are spending all their time wondering when it will be their turn. My answer to them is simple: sooner than you think.

We will not rest until every single corrupt official is swept away by the tide accountability that is washing over Home Affairs.

Our reform drive is also supported by a series of legal and policy breakthroughs.

Earlier this year, Cabinet approved the Revised White Paper on Citizenship, Immigration and Refugee Protection, which will now be converted into a draft bill designed to transform the very foundation of the South African state.

By implementing the Revised White Paper, we will introduce the first-safe-country-principle to end the practice of asylum seekers “picking and choosing” South Africa as their only destination in the region.

While upholding our fundamental constitutional commitments and the rights of legitimate refugees, this legal reform will empower us to reject asylum seekers who deliberately travel through other safe countries with the sole aim of coming to South Africa.

Let me make it clear today that South Africa is not the only safe country in our region, and through the implementation of this new policy, we will no longer tolerate the abuse of our country’s migration system.

This reform was further bolstered just this past week, when we won a landmark case in the Constitutional Court.

The Court confirmed our position that asylum seekers must not be allowed to submit endless repeat applications while remaining in the country indefinitely once their original application has been rejected.

We will use this judgement from the highest court in the land, in combination with the legislative changes flowing from the Revised White Paper, to ensure

that we ramp up lawful deportations even more effectively than we have already done.

Over the past two financial years, Home Affairs has carried out nearly 110 000 deportations – an increase of 46% compared to previous years.

This is in addition to the over 945 000 people that the BMA has prevented from entering into South Africa, either illegally or because they did not have the required documentation, since its establishment.

In fact, under Operation New Broom that I launched last year, Home Affairs conducted an incredible 10 700 enforcement inspections across the country during the past financial year – overperforming our annual target of 4 000 by more than double.

In the last year alone, Home Affairs has done more immigration enforcement operations than during the entire five-year term of the previous administration.

Through our unwavering commitment to upholding South Africa’s Constitution and our immigration laws, we are rapidly restoring the rule of law in a domain where it was eroded over decades.

Finally, our reform programme is supported by the single biggest investment ever in border infrastructure.

Last month, the BMA announced the bidders that have been selected for a R12.5 billion public-private partnership to demolish and rebuild our country’s six busiest land ports of entry.

Taken together, our reform agenda is directly enhancing national security, improving the efficiency of service delivery, and repositioning Home Affairs as a powerful economic enabler.

Through this agenda, we are reforming what was once the most maligned department in all of government, into a world-leader in modern governance.

If ever there was an agenda that called on all of us to put our country over politics, it is this one.

We are laying a modern and future-fit new foundation for the South African state that will stand our country in good stead for decades to come.

I therefore proudly table budget Vote 5 for Home Affairs before this House.

The budget totals R13.8 billion for the 2026/27 financial year, R12.8 billion for the next year, and R13.3 billion for 2028/29.

It includes funding not only for our reform programme across the entire ecosystem, but it is also this budget vote that will enable the Independent Electoral Commission to deliver the upcoming local government elections through an additional allocation of R1.1 billion.

The national voter registration campaign will officially launch on 27 May 2026 under the message: “Get Up, Show Up, Vote.”

This is preceded by a targeted voter communication and registration campaign that is currently being rolled-out across 212 municipalities until the end of this month.

These are municipalities that have been impacted by ward delimitation and voting district changes.

To enhance operational readiness, more than 6 100 field workers have been deployed across the five affected provinces to support registration activities and community engagement.

We urge all the affected communities to be on the lookout for these field workers and to ensure that their registration is correctly captured.

Madam Speaker,

My sincere appreciation goes to Deputy Minister Nzuza, DG Makhode, Commissioner Masiapato, and CEO Fosi, as well as their respective teams, for

their continued dedication to delivering concrete reforms that make South Africa a better country for all its people.

I call on every Honourable Member who wants to see a successful local election, who wants to eradicate corruption and abuse, who wants to position this ecosystem as an economic enabler to create jobs, and who wants Home Affairs to complete our digital revolution to deliver dignity for all, to support this budget vote.

Thank you.

Minister Leon Schreiber

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Sunday, 17 May 2026

EFF SLAMS HELEN SUZMAN FOUNDATION’S 'POLITICAL WITCH-HUNT' AGAINST JULIUS MALEMA


EFF SLAMS HELEN SUZMAN FOUNDATION’S 'POLITICAL WITCH-HUNT' AGAINST JULIUS MALEMA

KASIBC_AFRICA — Sunday, 17 May 2026

Online Editor : Chanon Lecodey Merricks 

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The Economic Freedom Fighters (EFF) has fiercely condemned a fresh legal battle launched by the Helen Suzman Foundation (HSF), calling it a politically motivated attack aimed at stripping EFF President and Commander-in-Chief, Julius Malema, of his seat on the Judicial Service Commission (JSC).

The HSF has filed papers in the Western Cape High Court, demanding that Parliament step in and decide whether Malema is still "fit and proper" to serve on the JSC. The foundation claims that the CIC’s vocal criticism of certain judges and court rulings actively undermines the independence and integrity of South Africa's judiciary.

An Attack on Democratic Criticism and Free Speech

The EFF has hit back hard, labeling the court bid as a dangerous and dishonest attempt to muzzle elected leaders and criminalize free speech. According to the red berets, the HSF is trying to set a toxic precedent where Members of Parliament who dare to question or criticize the judiciary are locked out of critical constitutional oversight bodies.

The party completely rejects the myth that judges are "gods" who exist above criticism, stating that judicial oversight is protected under freedom of expression.

 "Judges are not beyond scrutiny, particularly in a society where the judiciary has increasingly become a site of political contestation, selective morality, and inconsistency in the application of justice," the EFF stated.

"Deafening Silence" on Phala Phala Exposed

The EFF further slammed the HSF as a biased, liberal pressure group, exposing their alleged hypocrisy when it comes to defending the establishment.

The red berets pointed out that while the HSF is rushing to court to target Malema, they remained completely silent during President Cyril Ramaphosa's Phala Phala scandal—which involved allegations of millions in undeclared foreign currency, kidnapping, and abuse of state resources.

The EFF's  View:

The HSF never rushed to court to demand accountability from Ramaphosa, nor did they complain when Parliament suppressed impeachment proceedings.

The Pattern :

The EFF argues that the HSF consistently gatekeeps the JSC, running to court whenever judicial transformation or political perspectives outside their own establishment views gain ground.

An Unelected Group Trying to Redesign the Law

The fighters warned that this court application is a massive institutional overreach. The HSF isn’t just targeting Malema; they are asking the Western Cape High Court to declare parts of the Judicial Service Commission Act invalid. 

They want the court to force the JSC to adopt a binding code of conduct and punitive sanctions for commissioners.

The EFF argues that an unelected lobby group is trying to use the courts to hijack powers that belong strictly to Parliament, fundamentally reshaping constitutional bodies to fit their own ideological agenda.

Deflecting from Ramaphosa's Failures

Ultimately, the EFF views the timing of this lawsuit as a desperate political distraction.

Faced with a crashing economy, skyrocketing unemployment, and deep-seated poverty, the establishment is allegedly manufacturing "constitutional outrage" against Julius Malema to silence the loudest voice of opposition in the country.

The EFF maintains that it will not be intimidated by court cases sponsored by liberal elites. They have vowed to keep exposing corruption, challenging judicial inconsistency, and fighting for the right of ordinary South Africans to speak truth to power.

What is your take on this major political and legal showdown? 

Is the HSF overstepping its bounds, or should JSC commissioners face stricter codes of conduct? 

Drop your thoughts in the comments below!

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Home Affairs makes Six Arrests in South Africa

Home Affairs makes Six Arrests in South Africa

BY : CHANON LECODEY MERRICKS ONLINE EDITOR KASiBC_AFRiCA

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Home Affairs makes two more Arrests, bringing the May total to Six

The Department of Home Affairs has secured another two arrests through coordinated operations targeting corruption and fraud as the Department intensifies its crackdown on criminality within immigration and civic services systems. These latest breakthroughs bring the total number of arrests linked to Home Affairs-related corruption and fraud cases in May 2026 thus far to six.

Both arrests were the result of close collaboration between investigators from the Department’s Counter Corruption and Security Services branch and the Directorate for Priority Crime Investigation.

In the first operation, a naturalised foreign national was arrested at the Harrison Home Affairs office in Johannesburg on Tuesday, 12 May 2026, during a targeted operation conducted by the Department.

The arrest follows an investigation into allegations that the suspect falsely claimed paternity of five foreign children, leading to their fraudulent registration on the National Population Register under a naturalised South African identity document.

In a second operation conducted at the White River Home Affairs office on 11 May 2026, a senior immigration officer was arrested on charges of corruption following an entrapment operation

The arrest relates to allegations that the official demanded payment before returning identity and travel documents belonging to a Mozambican national. The official was arrested during an authorised entrapment operation by the department.

The Minister of Home Affairs, Leon Schreiber, said: “We are now securing dismissals, arrests and prosecutions on a near-weekly basis as Home Affairs ramps up our cleanup operation. Every crooked official and complicit member of the public must know that it is now only a matter of time until their turn arrives. 

As our crackdown accelerates, the days of sleeping soundly are over for the corrupt, as they now need to spend every moment wondering when it will be their turn. 

My answer to them, is simple: sooner than you think. We will not rest until we have rid Home Affairs of every single rotten apple through this combination of dismissals and criminal convictions.”

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THE US$150 MILLION OPEC FUND DEVELOPMENT POLICY LOAN TO SOUTH AFRICA

THE US$150 MILLION OPEC FUND DEVELOPMENT POLICY LOAN TO SOUTH AFRICA 

BY : CHANON LECODEY MERRICKS ONLINE EDITOR KASiBC_AFRiCA

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The Economic Freedom Fighters (EFF) rejects the continued enslavement of South Africa through endless foreign policy loans, following the announcement that the Government of South Africa has secured a new US$150 million development policy loan from the OPEC Fund for International Development

This loan, which is linked to so-called “structural reforms” in energy and freight transport, represents yet another attempt by the National Treasury to mortgage the future of the country through debt arrangements that have neither a coherent industrial strategy nor a credible infrastructure development plan capable of transforming the productive capacity of the economy. 

South Africa today faces an expanded unemployment crisis affecting more than 40% of the population because the National Treasury has surrendered the economy to neoliberal experiments, privatisation and austerity, while abandoning the developmental responsibilities of the state. 

The EFF notes that the OPEC Fund loan follows a long list of policy loans secretly entered into with international financial institutions, including the International Monetary Fund, the World Bank, African Development Bank, New Development Bank and other foreign lenders, all under the false promise that debt-driven reforms would stabilise the economy and attract investment. 

Instead, these loans continue to lock South Africa into exploitative profiteering policies that undermine economic sovereignty, weaken state capacity and advance the privatisation of strategic state functions in energy, transport and logistics. 

We maintain that the National Treasury has deliberately hidden behind technical language such as “structural reforms”, “fiscal consolidation” and “investor confidence” while ordinary people experience collapsing public infrastructure, deindustrialisation, unemployment, inequality and deepening poverty. 

The reality is that these policies continue to reproduce the apartheid economy and apartheid spatial planning where millions remain excluded from economic participation and trapped far from centres of opportunity. Over the past five years, the National Treasury has repeatedly claimed that debt-toGDP would stabilise, yet government debt continues to rise from crisis to crisis. 

Treasury now projects gross loan debt at over R6.1 trillion, while debt-service costs alone consume more than R420 billion annually, diverting resources away from healthcare, education, housing and economic development. 

The incompetence of the National Treasury is reflected in its obsession with austerity, arbitrary expenditure ceilings and endless regulations that even government departments themselves routinely fail to comply with. 

Their only consistent achievement has been the destruction of state capacity, collapse of public services, rising municipal failures and suppression of economic growth through cuts in public expenditure. 

The EFF maintains that the only sustainable solution is the amendment of the Public Finance Management Act through the EFF Private Member’s Bill currently before Parliament, which seeks to make it compulsory for Ministers of Finance to obtain parliamentary approval before committing South Africa to foreign policy loans and debt agreements with international financial institutions. 

No single Minister must be allowed to secretly mortgage the future of the country and surrender democratic sovereignty to external financial interests without the consent of Parliament and the people of South Africa. 

 The EFF reiterates that South Africa will never resolve unemployment, inequality and poverty through debt dependency, privatisation and neoliberal austerity. 

What is required is a sovereign developmental state capable of driving industrialisation, infrastructure expansion, mass employment and economic transformation under democratic public control. 

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