Economic change in SA: Gigaba has the answers

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Durban - The fight against corruption in South Africa should not become a fight against transformation, said Finance Minister Malusi Gigaba on Wednesday.

Speaking at the 27th World Economic Forum in Durban, Gigaba cautioned against the notion that putting the economy in black people’s hands amount to corruption. “We shouldn’t use transformation and corruption in the same breath.”

Gigaba was in discussion with Adrian Monck, veteran journalist and WEF head of communication on radical economic transformation in South Africa.

READ: Brawl at parly debate on economic transformation

Monck asked Gigaba about recent statements that the ANC had been too conservative in dealing with transformation and the economy. “How should economic change become more radical?”

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