Anyone who followed the president’s presentation would have noticed the absence of detail. Aside from the assurances that the continued course of action will be best for all of us (which is an opinion, rather than a fact), he promised money he doesn’t have to feed his increasingly impoverished supporters.

Cutting the fast-vanishing cake into ever smaller pieces is not a strategy with a proven successful track record. It is clear from what wasn’t said that the cabinet remains divided on what must be done to arrest the economic decline that has been a feature of the ANC’s economic policies so far...

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