Finance Minister Malusi Gigaba this morning defended the developmental role of South Africa’s scandal-plagued state-owned enterprises in providing crucial infrastructure.
Gigaba, who was speaking at an Ekurhuleni Investment Conference, also called on South Africa’s major metropolitan municipalities to combat urban sprawl by “saying no to new low density developments on the urban periphery”.
In a short speech containing the phrase “inclusive growth” no less than 19 times – and the phrase “radical economic transformation” once, Gigaba said “to be more inclusive, our cities need to be made more compact”.