By Thabo Mosia
In a fiery address during a march from Luthuli House to the Johannesburg Stock Exchange (JSE) in Sandton, ANCYL President Collen Malatji delivered a stern warning to President Cyril Ramaphosa, demanding urgent economic reforms to create a more inclusive economy. Malatji stressed that if these reforms are not implemented, he will mobilise South Africa’s youth and take drastic action, including a potential takeover of the Union Buildings.
Malatji’s speech, delivered on a platform of economic empowerment and youth mobilisation, called for structural changes to South Africa’s economy that reflect the demographics of the country. The ANCYL President emphasised that the current economic framework is failing young South Africans, who continue to face high unemployment rates and limited opportunities.
In his address, Malatji declared his readiness to install himself as President if Ramaphosa does not heed his demands. He argued that a drastic shift is necessary to ensure that the economy serves the majority of South Africans rather than a privileged few. The ANCYL leader’s statements underscore growing frustrations among South Africa’s youth, who are increasingly disillusioned with the country’s slow pace of economic transformation.
The March to JSE: Calls for Urgent Action
The ANCYL-led march saw scores of young South Africans rallying in Sandton, carrying placards that demanded economic justice and employment opportunities. The choice of the JSE as the march’s endpoint was symbolic, as the stock exchange represents South Africa’s financial power centre. Malatji’s rallying cry was directed not only at Ramaphosa but also at corporate leaders, urging them to take responsibility for the country’s economic future.
The Youth League highlighted specific areas that require immediate intervention, such as reducing youth unemployment and implementing policies that promote economic inclusivity. Malatji called on the government to prioritise job creation for young people and to foster an environment where young entrepreneurs can thrive.
Growing Discontent Among Youth
The ANCYL’s demands reflect a broader discontent among South Africa’s youth, who are grappling with a sluggish economy that struggles to generate sufficient employment opportunities. According to the latest statistics, youth unemployment in South Africa remains alarmingly high, with more than 60% of young people unable to find work. This reality has fueled frustration and led to calls for urgent intervention to prevent a “lost generation.”
Malatji’s message has struck a chord with many young South Africans, who feel that the government has failed to deliver on its promises of economic empowerment. The ANCYL’s stance is that the current economic structure is unsustainable and that without significant reforms, the country will continue to face economic instability.
ANCYL’s Vision for an Inclusive Economy
The ANCYL is advocating for a more equitable distribution of wealth and resources, with policies that focus on empowering marginalised communities. Malatji’s address outlined the Youth League’s vision for a transformed economy, which includes land reform, support for small and medium enterprises (SMEs), and increased government investment in sectors that can create jobs for young people.
The Youth League has also called for increased access to education and training programmes that equip young South Africans with the skills needed to compete in the global economy. Malatji argued that by investing in the youth, South Africa can unlock its full potential and drive sustainable economic growth.
Next Steps for the ANCYL
Following the march, the ANCYL has announced plans to continue pressuring the government to enact reforms. The Youth League has indicated that if Ramaphosa fails to respond to their demands, they will escalate their actions, which could include mass mobilisation and nationwide protests. Malatji has vowed to keep the pressure on, stating that the ANCYL will not rest until meaningful changes are made.
The ANCYL’s bold stance has drawn mixed reactions, with some praising the Youth League for championing the cause of economic justice, while others have criticised Malatji’s aggressive rhetoric. Nevertheless, the ANCYL remains steadfast in its commitment to advocating for a more inclusive economy that benefits all South Africans.
As the situation develops, South Africans will be watching closely to see how President Ramaphosa responds to the ANCYL’s demands.
Download Here:
Read all our publications on magzter:
https://www.magzter.com/ZA/Central-News-Pty-Ltd/Central-News/Newspaper/All-Issues
Central News also offers Sponsored Editorial Content, Podcasts , Radio / Social Media Simulcast, Video Production , Live Streaming Services, Press Conferences, and Paid Interviews (Video/Audio) etc.
We guarantee exceptional exposure, reach, and engagement, with an excellent return on investment.
Advertisement:
To place your advert on our platforms (Print Newspaper or Digital Platforms) : Please email : sales@centralnews.co.za
For Business Related:
business@centralnews.co.za
Newsroom:
Send your Stories / Media Statements To: newsroom@centralnews.co.za
General Info:
info@centralnews.co.za
Office Administrator:
admin@centralnews.co.za
Whatsapp / Call: 081 495 5487
Website: https://www.centralnews.co.za
Social Media Platforms (@centralnewsza) : Linkedin, Facebook, Tiktok, Twitter, Instagram, Youtube
#centralnewsza #freestate