How much mileage, if any, is still left in Ramaphoria, given another agonising week of candle-lit dinners and cold showers as irregular power supply challenges mount? Some restaurant owners and retailers have started closing their doors early each day — for safety reasons as much as because they are battling to maintain quality service standards in the dark. The inconvenience is untenable. A relative recounted this week how, in frustration, he is turning to Botswana to source a diesel generator to power his home as he was told that SA has run out of generators and won't have more before the end of April. There is already a backlog of orders. Last year, Ramaphoria — the euphoria that ensued after Cyril Ramaphosa was elected president in February — received a reality check when the rand plunged on a combination of political risk, poor economic news and waning commodity prices. This year, the failure to put Eskom on a stable path financially and operationally is possibly the biggest th...

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