Cape Town - SA would be bankrupt within a week under the Economic Freedom Fighters (EFF) as the party does not realise the world is a global village, political commentator Justice Malala said at a State of the Nation breakfast hosted by Deloitte on Friday.
At the same time Malala thinks the EFF's statements are good for competitive politics, while the ANC has become "schizophrenic" in its response to the party. He believes that besides economic growth, South Africa's toxic politics is also a problem for the country.
"The good news is that civil society is waking up and that we have competitive politics. The reality of protest has arrived and the impact of political events on our economy is that some now say economic growth of even just 0.8% could be expected," said Malala.