BRICS Member Pushes For Single African Currency
BRICS member South Africa is seeing various leaders advocating for a single African currency to blunt the US dollar’s dominance. Julius Malema, the leader of the Economic Freedom Fighters (EFF), not only advocated for a single African currency, but he also called for the Continent to have a single President, parliament, and Army. In a fiery speech delivered on Monday, Malema stressed that African nations must not have borders in order to make the Continent economically stronger. “A divided Continent stands to lose big,” Malema said. “We demand one Africa. Demand a borderless Africa. We demand Africa with one president, with one currency, with one military command, with one Parliament. Because we know the currency of Africa will be much stronger against the American currency,” he said. Malema’s blazing statements for a single African currency come when BRICS is looking for alternatives to the US dollar. Also Read: India Hits Back at Trump On BRICS: Don’t Dictate Our Business...