New South African Finance Minister Malusi Gigaba has firmly rejected the nationalisation notions of his adviser, Professor Chris Malikane. By contrast, Gigaba has informed investors that his short-term goal is to avoid further sovereign credit downgrades, his medium-term goal is to restore South Africa’s investment-grade rating and his immediate comment is one of criticising State electricity utility Eskom for its “mistake” in raising corporate difficulties for private-sector renewable-energy generators – all early signs of the new Minister being way off Malikane’s nationalisation trajectory.