President Cyril Ramaphosa's state of the nation address on Thursday night ought to be a mix of pomp, celebration and reflection on the sixth administration’s priorities for the year. His job couldn’t be clearer: he needs to use the occasion to urgently resolve the crisis facing this nation’s economy. At the heart of the problem lies a lack of confidence.

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, Morningstar 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.