40% of profits from businesses‚ pig abattoirs and food markets - How an EFF municipality will find money

30 April 2016 - 18:54
By Nomahlubi Jordaan

The Economic Freedom Fighters’ Local Government Manifesto lists a number of ways in which it will financially sustain its “People’s Municipalities” it wants to create. Here are the six ways it proposes:1. The EFF People’s Municipality will make sure that a minimum of 40% of all investments in its jurisdiction - including malls‚ mines‚ and industrial parks - are owned and controlled by the community trusts administered by a representative body‚ local cooperative or invest a minimum of 40% of the...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Please visit SundayTimes.co.za in your desktop to view our latest subscription options.

Already subscribed? Simply sign in below.

Sign In

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.