South Africa’s New Unity Government Strengthens Ties with Business Community
South African President Cyril Ramaphosa has emphasized the importance of fostering closer ties between the country’s new 10-party unity government and the business community, highlighting the potential positive outcomes for the nation’s economy.
The president’s remarks come as the country shifts toward a more business-friendly approach following the African National Congress (ANC) losing its parliamentary majority in the May 29 elections. For the first time in three decades, a coalition government of national unity was formed to lead South Africa, signaling a new era of governance aimed at revitalizing the economy through increased collaboration with private sector leaders.
