Search

Ramaphosa Re-elected South African President After Striking Deal with Opposition

Cyril Ramaphosa reacts after being reelected. Xinhua / Alamy Stock Photo.
  • Power-sharing arrangement alleviates investor concerns over radical left coalition
  • South African rand strengthens following the announcement

Johannesburg, South Africa – Cyril Ramaphosa has been re-elected as South Africa’s president after two intense weeks of negotiations, following the African National Congress (ANC)’s failure to achieve a majority in the nation’s seventh democratic election.

Recent Business

Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Nigeria oil regulators resign amid corruption claims by Dangote
Read More »
A lorry park in Rwanda. Photo by Andreas @ Pixabay
Rwanda’s economy surges nearly 12% as construction and services power growth
Read More »
A view of Nairobi, Kenya. Photo @ Pixabay
African Development Fund secures record $11bn as donors back investment-led Africa
Read More »

Recent Politics

Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
Read More »
African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »

Latest Posts

Latest news insights