MyNews24 is a user-generated section of The stories here come from users.

Comments: 0
Article views: 1932
Latest Badges:

View all TiisetsoMakhele's badges.

Appointment of Prof Malikane highly welcome

19 April 2017, 12:14

I welcome the progressive decision by Minister Malusi Gigaba to appoint Professor Christopher Malikane as his economic advisor.

The decision shows that the ANC government is serious about transforming this economy. To us, who argue that the nature of the economic trajectory is nothing but a time bomb waiting o explode, this decision is a welcome relief.

To us who know that, with its Apartheid and colonial footprints, the economy shall not ensure that wealth is shared by all, we are sheerly grateful. Malikane, who holds, amongst others, an Honours and Masters in Economics, Masters of Arts, PhD, is a seasoned researcher, scholar and commentator in politics, economy and social sciences.

In 2011, when he was a senior Cosatu economist, Malikane said; "If business needs certainty on this issue, it should be certain that the ANC is not researching the feasibility of nationalization, it is researching models of implementation".

In 2015, Malikane published a paper titled Capital in the 21st Century: A Review, where he found, amongst others, that capitalism automatically generates inequality and wealth concentration since the rate of return on capital always exceeds the growth rate of income. In this paper, ,Malikane proposes a progressive tax on wealth and income.

An Associate Professor of Economics at Wits, Prof Malikane has already tabled proposals towards radical economic transformation, which include increasing government’s support of local industrialization efforts, the use of State Owned Entities (SOE) to drive youth employment and the creation of state institutions such as a state bank, pharmaceutical company and construction company.

In proposing professional public servant, the ANC had the likes of Malikane in mind. The times of public servants who are passive, always in meetings, and without any contribution towards the National Democratic Revolution are over. Welcome Prof Chris...

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.


Read more from our Users

Submitted by
The Self-Destruction of the ANC

So, recently President Jacob Zuma survived another parliamentary vote of no confidence, his eight thus far.  Read more...

0 comments 176 views
Submitted by
Dandelion WCape
Responsibility, reconciliation an...

The loudest voices will be heard. Unfortunately those voices don’t always express well-considered, complex or nuanced thinking. Read more...

0 comments 222 views
Submitted by
The Mugabe incident...

The immediate association with the name “Mugabe”, automatically elicits thoughts of one Robert Gabriel Mugabe, who is (in)famous for his dictatorial rule over our neighbouring country Zimbabwe.  Read more...

0 comments 1685 views
Submitted by
Mark Alexander
Zuma is not the problem

What amuses me is the way people think that if the Zuma goes the problem will be fixed… I am an old ex-factory worker who is looking at the frenzied hand wringing round the no confidence debate and its inevitable outcome.  Read more...

0 comments 862 views
Submitted by
Michael Georgiades
Cat Stevens and the unnecessary i...

Yusuf Islam (Steven D. Georgiou) Cat Stevens. Cat Stevens sang and wrote songs that touched the beauty within the emotion of millions of people. Read more...

0 comments 1604 views
Submitted by
Lisa Marcelle Hold
ANCWL - Once the again the ANC ch...

Today, the Deputy Minister of Higher Education, Mduduzi Manana, sauntered into court after a request was made to hand himself over for his bail hearing. Since when are those accused politely requested to attend a court hearing?  Read more...

0 comments 1707 views


E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

TV Get us in your home, on your television.

Interactive Advertising Bureau
© 2017 All rights reserved.
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.