In the aftermath of a brilliantly focused and thankfully short inaugural speech, and the spectacular SA Air Force display, it is worth noting that President Cyril Ramaphosa is inheriting an economy that grew at a paltry 0.8% in 2018. Add to that mix the International Monetary Fund’s (IMF) projection of a generally weak global economic expansion and the picture becomes as clear as mud.

It is in this context that the newly mandated administration of Ramaphosa must shoulder the burden of previously dashed hopes of millions of South Africans for an economy that can lift many out of poverty while affording others the opportunities to realise their entrepreneurial and career dreams.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now