Three months is too short a period to judge anyone’s success or failure. But it might suffice as a barometer of impact for Finance Minister Malusi Gigaba. I’m getting nervous about his prospects of succeeding in stopping our rapid descent into junk status.

Gigaba’s ascent to the top job at the Treasury is reminiscent of Trevor Manuel’s appointment to the ministry in the 1990s.

BL Premium

This article is reserved for our subscribers.

We have several subscription options to help you enjoy the best of our content every day, including exclusive Financial Times articles, Morningstar financial data and full digital access to The Wall Street Journal.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.