So Malusi Gigaba is looking sickly, Tom Moyane is down and out and Ace Magashule keeps glancing over his shoulder. The bad guys are not feeling so good and the suburbs are once more in love with Cyril Ramaphosa. Just a couple of weeks ago they couldn’t stand him; he was mealy-mouthed and weak and the ANC was just the ANC. Now he is Mr Fantastic. When the history of these strange times comes to be written the chapter titled “Cyril and the Suburbs” will be among the strangest. It is a tale of manic depression. One day all is up, the next all is down. It is in part a symptom of despair. When the political process is widely believed to be rotten to the core, the only hope is a miracle — a superhero who sweeps in and does his superhero stuff to save the day. And when he shows that he is only human, the spell is broken, the fantasy shattered and the suburbs are left with the shocking knowledge that life will go on as before. That is one explanation for the craziness of the ride. But ther...

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 or call 0860 52 52 00. Got a subscription voucher? Redeem it now