JOHANNESBURG- South African have reacted in outrage following the news that the country is in recession.
Most social media users attacked President Cyril Ramaphosa for the terrible economic state that the country finds itself in.
On Wednesday, the rand fell to a record low R15.50 to the US Dollar, losing 6.5 percent this week alone.
This news caught many South Africans by surprise since taking over as the country’s president in February, Ramaphosa was sold to South Africans by critics of his predecessor Jacob Zuma as the man who could solve the country’s economic problems, however, this optimism has come to nought.
See some of the tweets and quotes below:
— Dankie_Vyf (@ChegoPhillip) September 5, 2018
— Malavi Mapimele (@Malavi_Mapimele) September 4, 2018
Cyril Ramaphosa is killing South Africa.
– VAT increase
– Petrol price increases
– & now a #Recession
I miss President Jacob Zuma to be honest.
— makaveli’s wife .? (@inspiredbybiko) September 4, 2018
We Thuma Mina’d ourselves into a #recession.
— Ranjeni Munusamy (@RanjeniM) September 4, 2018
— Simon Grindrod (@SimonPGrindrod) September 4, 2018
Whites, this thing of #recession is your thing with your guy Ramaphosa, we have been without any money since you guys arrived here ka 1652. so thina are in a worse situation… landless and randless.
— andile (@Mngxitama) September 4, 2018
President Jacob Zuma left us with a growing economy but when the Tumor Mina guy took over, its now collapsing and declining because y’all listened to the media that President Jacob Zuma is bad and cyril Ramaphosa is good for SA.
That was monopoly project succeeding.#Recession
— Sive’r Xaluva? (@SiveSnr) September 4, 2018
— Segodi Chuene (@segodi_chuene) September 4, 2018
— Man’s Not Barry Roux (@AdvBarryRoux) September 5, 2018
Rmaphosa the great fixer is really fixing
He fixed VAT,PETROL,ESKOM,UNEMPLOYMENT RATE,ECONOMY,MINING CHARTER now he’s busy trying to fix the LAND ISSUE lol
keep it up cupcake #recession
— Lungiswa (@LungiswaNdzondo) September 4, 2018
“Clever blacks told us that Jacob Zuma was responsible for the economy in recession due to him being uneducated with no understanding of business. Now we are in recession under the leadership of educated business billionaire???”~IK Dlamini #recession #LandExpropriation
— Sean GuptaK@ffir in Sight Goss (@GosSgafc) September 4, 2018
— Umfana Uphethi Magic (@Pampie59) September 5, 2018
— Ramaphosa’s day is coming (@BubuLango) September 5, 2018
So u were tricked by #SaveSA to believe that if u remove Zuma, the Rand will be stronger & all will be perfect forever after. This #Recession will teach u to stop joining hands with white capitalists when removing black leaders. I bet they’ll soon tell u to remove CR & u will. pic.twitter.com/VwJr5bSNap
— White Man Confession (@ConfessionWhite) September 5, 2018
White Monopoly Capital has failed to create jobs, grow the economy and they are sitting on their cash. Cash reserves in the JSE’s largest 50 companies has increased from R242bn to R1.8 trillion between 2005 and 2017. This is what causing the #Recession yet they cry the loudest pic.twitter.com/hGP78C24CA
— African (@ali_naka) September 5, 2018
Can you leave Comrade President Zuma in peace and deal with your #Recession of New dawn
Go have tea with Silili man!!
— ZaneleLwana (@ZaneleLwana) September 4, 2018