ANDILE KHUMALO: Let's get real about getting radical
For those who want to give meaning to the term "radical economic transformation", here is your chance
The definition of "radical economic transformation" is becoming a quandary for business, with fears that a "change in policy" at the Treasury is imminent, which is, in fact, code for "we are nervous that Zuma, under the guise of radical transformation, wants to access resources that were carefully guarded by minister Pravin Gordhan in the interest of fiscal consolidation and discipline". I guess there is enough reason for people to fuss about the definition of "radical economic transformation", since the last guy who tried to define it lost his job. In what was to become his final budget speech in his second coming as finance minister, Gordhan argued that "radical" was about going to the root cause of a problem and solving it at its core in order to derive sustainable outcomes. Notwithstanding this rare display of solidarity with his boss, President Jacob Zuma still fired Gordhan, sparking a domino of repercussions that plunged the country into junk status, and calls for the preside...
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