EDITORIAL: Gigaba’s action plan falls short
The problem is much larger than its repetition of much of what Gigaba has already said
Finance Minister Malusi Gigaba’s 14-point action plan to boost the economy has the right approach, includes some important new initiatives and is refreshingly urgent. But it also falls short. And in that contradiction lies a complicated picture. It’s the right approach because Gigaba has clearly turned his back on grandiose statements about broad policy and confined himself to specific measures that are tied to specific time frames. In an era when South Africans have heard endless speeches laden with good intentions and pure motives with few specific targets, this approach is a great relief. More verbiage now would have been doubly disappointing. In some ways, that approach has been forced upon him by the circumstances of his appointment. The firing of his predecessor, Pravin Gordhan, has burdened Gigaba with a terrible albatross. He needs to build credibility and authority in the face of the disheartening suspicion that he occupies the position because he is a political space holde...
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