17 September 2004
As announced earlier today, the Financial Sector Campaign Coalition (FSCC) (working together with the SACP, COSATU, SACTWU and NEDLAC Community Constituency) will lead a march in Cape Town at 12h30 today to redline and submit a memorandum to Cape Town banks.
The memorandum is pasted below.
The march details are:
- Blade Nzimande – FSCC Chairperson and SACP General Secretary
- Zwelinzima Vavi – COSATU General Secretary
- Ebrahim Patel – SACTWU General Secretary
This march will be preceded by:
Memorandum to Financial Sector
We, representing tens of millions of South Africans, express our concern at the lack of progress in the financial sector in implementing the National Economic Development and Labour Council (Nedlac) Financial Sector Summit agreements of August 2002.
As we mark the second anniversary of the signing of the Summit declaration, we call on the financial sector to work co-operatively with other constituencies in implementing the comprehensive package of Summit agreements to transform the financial sector in South Africa as a matter of urgency.
We note with concern that the financial sector is delaying implementation of the Financial Sector Charter which it announced in October 2003. The sector failed to meet its commitment to finalise the Charter by 30 June 2003 and refuses to agree to fair and equitable representation for community and labour constituencies on the Charter Council.
We demand that the Charter Council be finalised immediately and that the package of Summit agreements be implemented.
We now undertake to bring this message to our members and will mobilise in large numbers in support of the campaign.
This memorandum is delivered on behalf of:
The Financial Sector Campaign Coalition (FSCC),
SA Communist Party (SACP),
Congress of SA Trade Unions (COSATU),
SA Clothing and Textile Workers Union (SACTWU)
Treatment Action Campaign (TAC).
The FSCC is made up of the following members: the Financial Sector Campaign Coalition, which includes the following organisations:
African Council of Hawkers and Informal Business
African National Congress
Aids Consortium
Aids Law Project
Albinism Society of SA
Black Sash
Commission on Gender Equality
Consumer Institute
Co-Operative and Policy Alternatives Centre
Diakonia Council of Churches
Disabled People South Africa
Dora Tamana Coooperative Centre
Dora Tamana Savings and Credit Co-Operative
Ecocity Trust
Gauteng Hawkers Association
Gauteng Paralegal Association
Hypercube Resource Centre
Motlisi Construction Co-Operative
National Consumer Forum
National Co-Operatives Association Of SA
National Institute for Economic Policy
National Land Committee
National Union of Metalworkers of SA
People’s Dialogue
SA Council of Churches
SA Democratic Teachers Union
SA Federation of Burial Societies
SA Homeless People’s Federeation
SA Municipal Workers Union
SA Youth Council
SA Communist Party
SAMWU Savings and Credit Co-Perative
SA National Civics Organisation
SA Students Congress
Savings and Credit Co-Operatives League
Self-Employed Women’s Union
St Charles Advice Centre
Streetnet International
Treatment Action Campaign
Utshani Fund
Wattville Unemployed Association
Women on Farms Project
Women’s National Coalition
Young Christian Students
Young Communists League
CONTACT
Collette Caine - FSCC Coordinator - 082 927 1063
Sizwe Shezi - NEDLAC Community Constituency Coordinator - 083 709 6936
Khaya Magaxa - SACP Western Cape Provincial Secretary - 083 721 0221
Or
Mazibuko Kanyiso Jara (surname Jara)
Head of the Office of the General Secretary
South African Communist Party
Tel - 011 339 3621, Fax - 011 339 4244/6880
Email - mazibuko@sacp.org.za, sacpho@wn.apc.org (alternate)