As I listened to President Cyril Ramaphosa droning on and on during New Year’s Eve, it occurred to me that there was nothing particularly new in what he was saying. It was warmed-over porridge he was dishing up for us.

The New Year’s message is a special occasion, laying out the government’s plans and carried live by the broadcasters. What we heard, however, were platitudes.

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 Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now