For a moment we united behind a bunch of young people representing our nation, forgetting that it was just a few days before that Floyd Shivambu, a leader of the EFF and member of parliament, had insulted the minister of Finance, the director-general of the National Treasury and other officials by saying that they were cowed by, specifically, a South African of Indian origin.

His racism was palpable as his party started circulating propaganda about “Indian influence” in the ANC. Idi Amin, where are you?

Despair settles in one’s heart at the utterances and actions of politicians such as Shivambu.

Meanwhile, the economy contracted 2.2% compared with the prior three months. The rand, together with other emerging-market currencies, took a beating last week. Jobs are and will be lost, food prices will continue to increase while the cost of living will be higher all round. This is what the delegates to the ANC’s KwaZulu-Natal provincial conference on Friday should have been obsessing about.

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, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.