ANC Youth League set to march to JSE over unemployment
The ANC Youth League will march to the Johannesburg Stock Exchange in Sandton on Friday to demand increased job creation.
Amongst other demands, the league is also calling for the redistribution of financial resources to support youth-owned enterprises and SMMEs.
The march comes a week after the trade union federation Cosatu made its way to the JSE to protest against job losses.
The last time the league marched to the JSE was in 2011 under then-President Julius Malema.
"We're going to the march to the JSE to inform capital that if they don't respond to our demands, they will have no place to operate here in South Africa,” ANC Youth League president Collen Malatji said on Thursday.
"You go to our townships; every day is a holiday there. The youth are on the streets, unemployed, while we have listed companies on the JSE holding on to their money, investing it in countries where they don't benefit from what they take from us.
"This is more than just a symbolic gesture; it is a direct confrontation with the financial heart of an economy that has systematically excluded the youth," he added.
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