South African Communist Party

Sunday, 28 February 2021: The Political Bureau of the South African Communist Party (SACP) met on Friday and Saturday, 26–27 February 2021. The meeting was held through technological connectivity due to the situation imposed by the coronavirus (Covid-19) pandemic. Budget and fiscal framework The primary crisis affecting South Africa is an endemic capitalist system crisis indicated by the persisting high levels of unemployment, poverty, inequality, and the associated widespread problem affecting many households, the systemic incapacity to support themselves, a crisis of social reproduction. The key question is where South Africa will be in relation to each one of these capitalist system crises at the end of the medium-term fiscal framework, or financial year 2023/2024, outlined on Wednesday, 24 February 2021 by the Minister of Finance. As things stand, the insufficient, and for that matter still not inclusive, projected real economic growth is heading southward, as a curve: 3.3 per…

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Statement on the budget, racial connotations of eNCA’s coverage of reactions to the budget, and the developmental role played by SAA