Ramaphoria is over; now it’s Ramageddon – UK warning

South African political commentators have told the UK media that Ramaphoria has dissipated in a little over six months.
Published on: 

EDINBURGH — President Cyril Ramaphosa has been trying his best to impress the world with his vision. But, his efforts have not paid off, with local and international analysts pondering how land expropriation might work under his leadership. Meanwhile, confidence in the new president is waning fast, with recent news that South Africa is sliding into recession pricking the Ramaphoria bubbles that haven't already burst. Ramaphosa is between a rock and a hard place: trying to please a business-minded capitalist elite as well as the impoverished masses who have experienced life getting worse under a corruption-riddled ANC. – Jackie Cameron 

By Thulasizwe Sithole

South African political commentators have told the UK media that Ramaphoria, the positivity inspired by Cyril Ramaphosa's appointment as president, has dissipated in a little over six months.

This is a blow to the country, as Ramaphosa has been actively trying to improve South Africa's reputation in the eyes of international investors.

Local analysts don't blame Ramaphosa, arguing that the damage was done while Jacob Zuma was at the helm. But that is cold comfort for South Africans, who recently heard the news that the country is now in a recession.

___STEADY_PAYWALL___

Loading content, please wait...

Related Stories

No stories found.
BizNews
www.biznews.com