South Africa: Malusi Gigaba's New Economic Advisor Will Be Used As a Battering Ram in Battles With National Treasury

press release

The Minister of Finance, Malusi Gigaba's, reported controversial appointment of Professor Chris Malikane as his economic advisor should come as no surprise in South Africa.

The minister set out his political agenda in his maiden press conference on 01 April 2017, which includes: transforming the economy by implementing "radical economic transformation"; and transforming National Treasury because it is dominated by "orthodox economists, big business, powerful interests and international investors".

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