ECONOMIC TRANSFORMATION
Growing black business good for SA, says Gigaba
Malusi Gigaba says economy still largely informed by and still reflected SA’s colonial and apartheid past
Finance Minister Malusi Gigaba has called for radical economic transformation — once again saying black business is key to economic growth in SA. Speaking at a Black Business Council gala dinner on Monday night, Gigaba said: "Leadership bears the burden of responsibility; the responsibility to help serve the challenges of our time … The most difficult challenge of out time … is to transform the South African economy and grow it in an inclusive way." He said the economy was still largely informed by and still reflected SA’s colonial and apartheid past. "Our inability to transform the economy has left the poor particularly vulnerable to the shocks of economic growth.
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