Policies must centre on the vast inequality and poverty in SA, Malusi Gigaba says
The vast inequalities and level of poverty in SA should be at the heart of debates about government policies, whether they are called radical economic transformation, inclusive growth or anything else, Finance Minister Malusi Gigaba says. It should be worrying, Gigaba said on Tuesday, that 10% of the population owned 42% of the wealth and that 17-million relied on social grants for their survival, as this was unsustainable. The minister was responding to questions by DA spokesperson David Maynier about his views on radical economic transformation, which seemed to have been dropped from the minister’s discourse after his comments shortly after his appointment caused a stir. In an engagement with Parliament’s finance committee, Gigaba said that the debate about radical economic transformation was continuing and should be neither feared or suppressed. This debate was also under way within the ANC, which would adopt a policy at its policy conference in a few months’ time. "The issues be...
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