I wish Finance Minister Malusi Gigaba had started his economic diplomatic mission here at home, engaging with business, labour and the NGO sector to develop some sort of domestic consensus he could sell to the financial markets. I hope he prepared some notes explaining what radical economic transformation really means, since the white monopoly capital he avoided engaging with at home is exactly what he is going to meet in Washington, New York and London. These people are difficult to fool and Gigaba’s rhetoric during the first few days after his appointment to this sensitive position is unlikely to convince them to change their perceptions of developments in SA. Gigaba should spend less time on social media and more thinking about the millions of South Africans who depend on the social wage for their survival. He should think about the contribution white monopoly capital makes to national revenues, which makes it possible for so many kids to go to school and get their only meal for ...
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