GIGABA’S TALKSHOP TAKE-OUTS
SIKONATHI MANTSHANTSHA: How SA’s CEOs were duped by Gigaba’s charm
Free to read from Financial Mail's archives. Gigaba is like the guy who brings an embarrassing drunk to a party, then desperately pretends he doesn’t know him
First published in August 2017.
Last week, finance minister Malusi Gigaba finally held his first meeting with the CEO Initiative, the grouping of prominent employers and taxpayers who have been trying to hold government’s hand and show it the way towards order and a semblance of sanity in the marketplace that is SA. The initial hope was that the initiative would help keep us from junk status. The meeting was cordial — the kind of useless talkshop that politicians are fond of. Afterwards — with television cameras promising a coveted audience — Gigaba waxed lyrical about what he’d told the 80-plus CEOs, reflecting very little of what they had told him. He told the business leaders that he was working to address the financial and governance challenges of state-owned companies such as SA Airways (SAA).
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