Mcebisi Jonas opens up about 'state capture'

He says South Africa is still able to exercise full administrative control over its territory.

Deputy Finance Minister Mcebisi Jonas. Picture: Christa Eybers/EWN

JOHANNESBURG - Deputy Finance Minister Mcebisi Jonas has opened up about "state capture" saying while South Africa is dealing with the issue, the country is not a failed or failing state.

Jonas's letter has been published on Umsebenzi online, a weekly newsletter of the South African Communist Party.

Last month, Jonas confirmed he was offered the position of finance minister by the Gupta family, who have been accused of capturing the state.

WATCH: Jonas: The Guptas offered me SA finance minister job

The deputy minister says South Africa is still able to exercise full administrative control over its territory and is able to provide public goods to its citizens and therefore it's not a failing state.

However, Jonas says this should not suggest that issues of state capture are unimportant and recent discussions require critical examination of the impact this could have on the country.

He says South Africans need to understand how state capture is weakening the developmental state, especially in instances where there is a direct relationship between state capture and corruption, which is significant in terms of fiscal challenges.

Jonas says there's also a need for heightened levels of political maturity, as well as more centralised and streamlined economic policy.