ANALYSIS: ANC politics have paralysed Cyril as SA faces economic doom
If he can't engage meaningfully on the crisis now he'll be swallowed by populism in the event of an IMF bailout
It is quite remarkable that while the buzz gets louder about SA possibly needing to go to the International Monetary Fund (IMF) with a begging bowl, the government’s voice is absent from the conversation.
It is surely necessary for the national treasury or perhaps someone in President Cyril Ramaphosa’s office – he apparently still has an economic adviser – to put some facts on the table as to why the IMF is not and will not be in consideration.
Such a message, however, would require further engagement about what the government is doing to keep the lid on the pressure cooker...