Readers of the Book of Revelation have long prophesied that credit ratings agency Moody’s post-budget day of judgment will be preceded by the arrival of the four horsemen of the apocalypse, representing war, famine, pestilence and death.

President Cyril Ramaphosa has tried to defy such gloomy prophesies by unleashing instead the three great elephants of the liberation movement: mineral resources & energy minister Gwede Mantashe, public enterprises minister Pravin Gordhan and finance minister Tito Mboweni.

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