The nation is in a state! That was one of the more amusing responses I had to the question of what to expect, or even wish for, in President Cyril Ramaphosa’s state of the nation address. Unsurprisingly, journalists and analysts are struggling to say much that is particularly about this event. In keeping with SA’s tradition of kicking the can down the road and having unending  consultations, a look at the editions of recent years reveals a litany of pipedreams and broken promises.

In truth, some of those promises are best not kept, such as the idea of a state bank that was heavily promoted by former finance minister Tito Mboweni as a potential “disrupter” to the existing sector’s “discriminatory” nature. Now that he is back on the lucrative corporate board scene, wouldn’t it be funny if he ends up being signed up by one of them? ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.