Peter Bruce Editor-at-large & columnist

I felt for President Cyril Ramaphosa as he announced his coronavirus economic package to the nation on TV on Tuesday night. He looked even more stiff and uncomfortable in front of the camera than usual.

He must have been full of doubt. At best, when it comes to business and finance, Ramaphosa is a cautious and conventional thinker. And as he spoke I suspect he knew, as did most of the people listening to him, that what he was promising was a wing and a prayer...

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 Sunday Times Daily.

Already subscribed? Simply sign in below.

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