EDITORIAL: Pace of state capture picking up
Gigaba needs to make a definitive choice about which side he is on
The Guptas might be on the back foot, but the project to capture the state is proceeding apace. Over the past few weeks, the looters have been emboldened again. Mineral Resources Minister Mosebenzi Zwane has embarked on a far-reaching redeployment of regional managers. These are not minor positions: the regional offices are where applications for exploration and mining rights are lodged. Energy Minister Mmamoloko Kubayi has had "informal talks" with Finance Minister Malusi Gigaba and says she plans to bring a new nuclear spend plan to the Cabinet. Public Enterprises Minister Lynne Brown has reshuffled the deck chairs among the compromised executive of Eskom, while the blatant thieving continues and an incompetent and discredited chair of the board looks on. By demanding a list of all beneficiaries of loans made by the Public Investment Corporation, Finance Minister Malusi Gigaba has effectively thrown mud at corporations in the hope that something will stick. Gigaba has also been ta...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.