Jonathan Oppenheimer, great-grandson of German immigrant Ernest, who founded Anglo American in 1917, aptly sums up President Cyril Ramaphosa’s progress since taking office in 10 incisive words. "He has done remarkably well, and perhaps not well enough," Oppenheimer told the FT Africa Summit on Monday.

It was probably a fair, if generous, assessment by Oppenheimer, who today runs the family’s investment office. But while we’re finally seeing commendable signs — a wave of state capture arrests, certainty over the expropriation bill — it’s not like the country could afford the energy-sapping delay to get here...

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