Malema urges Godongwana to table 'people's budget'

JOHANNESBURG - Economic Freedom Fighters (EFF) leader Julius Malema has urged Finance Minister Enoch Godongwana to avoid tabling proposals which will financially burden the majority of South Africans.

Malema is leading a march to the National Treasury offices in Pretoria on Monday to celebrate the reversal of the value-added tax (VAT) increase.

Godongwana withdrew his proposal for a VAT hike last month, following a two-month-long budget impasse.

READ: Budget 3.0: Godongwana should prioritise economic growth, says economist

The EFF's march comes as Godongwana will present a third budget in parliament on Wednesday.

The EFF hopes Godongwana will refrain from announcing any further tax hikes.

Malema urged Godongwana to think carefully before drafting his budget.

"They must give us the people's budget. Not the budget which is demanded by the companies, the banks and white monopoly capital. So we are here to make the message very clear."

Meanwhile, several roads are closed to traffic as the EFF marches in the CBD.