Like many South Africans I was hugely relieved by President Ramaphosa’s ANC election victory in December 2017. So relieved, in fact, that I barely registered that my brand-new book was now almost certainly dead in the water.
Published two months earlier, On the Brink: SA’s political and fiscal cliffhanger concluded that SA would continue its fiscal slide unless a new government embraced a private sector-led growth model. Like many, I assumed Ramaphosa would achieve this U-turn in time. At the very least, his election meant the country was no longer “on the brink”. Little did I expect that by December 2019 SA’s public finances would be in irreversible decline and I would be writing that SA was back on the brink.
Self inflicted by none other than the ruling ANC but they will deny it
Maybe we are naive. Maybe no electricity forever more.
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