The Economic Freedom Fighters (EFF) have called an urgent press conference for Thursday, where a major announcement is expected regarding the party’s deputy president, Floyd Shivambu.
- Floyd Shivambu is reportedly set to announce his resignation from the EFF.
- The announcement comes amid growing scrutiny following allegations related to the VBS Mutual Bank scandal.
- The EFF has not confirmed the details but has invited the media to attend the press briefing.
Is this the end of Floyd Shivambu as EFF leader?
The EFF, South Africa’s third-largest political party, is expected to announce significant changes within its leadership, with sources indicating that Deputy President Floyd Shivambu may step down.
The announcement follows months of speculation and controversy surrounding Shivambu, particularly his alleged involvement in the VBS Mutual Bank scandal.
The allegations have cast a long shadow over the party, with calls for transparency and accountability growing louder.
Julius Malema reportedly posts cryptic message
Adding fuel to the speculation, EFF leader Julius Malema reportedly posted a cryptic message on his WhatsApp status, which read, “Disappointments are inevitable, but there comes a time when you must make unpopular decisions, it’s painful but it’s got to be done.”
The message has sparked rumours that the EFF may be undergoing significant internal changes, possibly involving the removal of Shivambu from his leadership position.
The VBS Mutual Bank scandal, which saw the collapse of the bank and the loss of millions of rands, has been a major source of controversy for the EFF.
Testimonies from disgraced former VBS chairperson Tshifhiwa Matodzi implicated Shivambu and other EFF leaders in receiving substantial funds from the bank under questionable circumstances.
Although Shivambu and the EFF have consistently denied any wrongdoing, the pressure on the party has intensified.
As the EFF prepares to address the media, all eyes will be on the party’s next moves, with many wondering if this marks the end of Shivambu’s political career within the EFF.
