It was more than 19 months ago that President Cyril Ramaphosa, in his first state of the nation address, announced that he would form an economic advisory council “to ensure greater coherence and consistency in the implementation of economic policy”.

This, the president said in those heady days of Ramaphoria, would “ensure that we are better equipped to respond to continuously changing economic circumstances”. That the members were only unveiled on Friday is not a good sign, and is symbolic of how slowly the wheels of government turn...

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