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Former 'private sector darling' Ramaphosa losing business sector favour

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The Ramaphosa administration is, once again, under heavy scrutiny from the sector, losing his appeal as South Africa's numerous political and economic woes continue to throttle its already frail image.

JOHANNESBURG - President Cyril Ramaphosa's administration has again come under heavy scrutiny as the country scrambles to manage several political and economic issues.

While Ramaphosa is said to have lost favour with the business sector, some economists believe the president could still salvage the country's frail image.Ramaphosa is expected to meet with more business leaders this week in a bid to ease tensions about the impact of the country's bilateral ties with Russia.

"They are frustrated with the flip-flops in our number of policy decisions and the uncertainty as to which way to go."

 

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