The SABC interviews the HSRC’s Dr Peter Jacobs on what a transformative budget would look like.

There is a concern that – more than 20 years since the dawn of democracy – there’s been no substantial change in ownership and income patterns in South Africa. The interview takes a look at the rationale behind government’s programme of radical economic transformation.

The interview also looks at how much power does the Finance Minister actually has to encourage transformation with the budget and if there is any scope eg for a wealth tax.