Treasury sets its sights on Christopher Malikane

Wits University associate professor of economics Christopher Malikane is likely to join national treasury as part of finance minister Malusi Gigaba’s new entourage.

The Mail & Guardian has learned that talks around terms of Malikane’s appointment as economic advisor are already at an advanced stage.

“It’s still under talks,” Malikane told the M&G about his appointment. “The nature of the relationship, my current job as well at Wits… that will be have to be factored into going forward. My passion of course is ideas, so my work at Wits is very dear to me,” he added.

Malikane has been openly critical of the ANC and its recently intensified plans for radical economic transformation. Earlier this year the academic lambasted the party for not having the political organisation and unity necessary to effect change. He also highlighted how the current thinking around radical economic transformation was likely to deepen inequality among black South Africans while failing to dismantle a monopoly system.

Now Malikane’s critical thinking and ideas will likely find resonance in Gigaba’s decision making.

“Some of the advice that I will give he will accept and some he will not accept. So there will be that dialectical relationship where I have to convince him and he has to also convince me”.

The Wits academic has already highlighted areas of South Africa’s economic policy that will need to be strengthened to achieve a radical economic transformation. These include increasing government’s support of local industrialisation efforts, the use of State Owned Entities (SOE) to drive youth employment and the creation of state institutions such as a state bank, pharmaceutical company and construction company.

We make it make sense

If this story helped you navigate your world, subscribe to the M&G today for just R30 for the first three months

Subscribers get access to all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.”

Dineo Bendile
Dineo Bendile works from Johannesburg. Political reporter. BLACK. Dineo Bendile has over 2712 followers on Twitter.

Related stories


Already a subscriber? Sign in here


Latest stories

Art imitates life at the National Arts Festival

This year’s National Arts Festival in Makhanda - the first live one since the pandemic - tackles unemployment, the Marikana Massacre and the manner in which black women in society are written about

Pride is a heavy price to pay

While constitutionally protected, the LGBTQIA+ community is being failed by the state

Africa’s Covid neglect poses global danger

Low vaccination levels and high number of health-compromised populations make the continent a ‘breeding ground for variants’ that pose a global risk

Kenya opposition leader selects woman as running mate

For the first time a woman is running on a major presidential ticket – a big marker in Kenya’s history. But for marginalised voters, the politics of representation comes with many contradictions

press releases

Loading latest Press Releases…