On 21 February the middle-class illusions in Ramaphosa received a shattering blow when the outgoing finance minister delivered a brutal austerity budget. This was just one day after the new president had told everyone during his State of the Nation Address that a “new dawn” has broken.

A wave of optimism has swept across South Africa since Jacob Zuma resigned as president of the country last Wednesday. There was a collective sigh of relief that the 9-year scandal-ridden presidency of Zuma was finally over. Middle-class commentators said that a ‘new dawn’ has arrived. But Marxists have explained many times that the crisis facing South Africa is not that of an individual, a single political party nor one section of the ruling class. The political crisis is only an expression of the crisis of the capitalist system as a whole. And as long as the system survives, changes at the top will not result in changes of anything fundamental.

"There are decades where nothing happens; and there are weeks when decades happen.” - Lenin

"Whom the gods would destroy, they first make mad.” - Euripides

As we write these lines, the Zuma-Gupta empire is crumbling. In one of the most dramatic days in South African politics in recent memory, Jacob Zuma – and his friends, the Gupta brothers – are being purged by a rival wing of the ruling class. The purge is the most emphatic sign that the two rival factions can no longer cohabitate.