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Gigaba admits the ANC needs to clearly define their definition of Radical Economic Transformation

South African Finance Minister and ANC national executive committee member Malusi Gigaba has admitted that the ruling party has been found wanting in terms of thoroughly explaining its radical economic transformation policy. 

The Pretoria News reports that addressing a breakfast briefing organised by the Progressive Youth in Business in East London, Gigaba said the ANC and its leaders have only been able to give a “high school definition” of the policy. “We talk about it but if you ask two people what it means, you are most likely to get two different answers because we have done little beyond giving RET a high school definition up to the ANC conference,” Gigaba said. He said this would create problems in the future as it would be difficult for the ANC to ensure effective implementation of the policy.