Global: Calls for Zuma to push for Robin Hood tax at G20

Activists are calling on South Africa to take the lead in moves for a 'Robin Hood' tax for health. Medecins Sans Frontieres (MSF) and the Treatment Action Campaign (TAC) have pointed out that as the only African country in the G20, South Africa had a role to play in ensuring that a portion of the FTT went to health and not bailing out banks. The FTT is not another tax on working people, but on financial institutions only – it could cover any financial transaction between banks or be more specific and cover currency exchanges between banks.