* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, May 19, 2025
Earth-News
  • Home
  • Business
  • Entertainment

    Country Music Legend Bids Heartfelt Farewell: ‘Y’all Gonna Make Me Tear Up!

    We won’t get a Game of Thrones show this year: A Knight of the Seven Kingdoms shifts to early 2026 – Entertainment Weekly

    Game of Thrones Fans Will Have to Wait: A Knight of the Seven Kingdoms Delayed Until 2026!

    Nile Entertainment Secures African Rights for Thrilling Action Film ‘Son of the Soil

    Florida Highwaymen movie ‘Legends of the Highway’ based on original 26 Black artists – Treasure Coast News

    Unveiling ‘Legends of the Highway’: A Captivating Film Celebrating the Legacy of Florida’s Original 26 Black Artists

    Alabama to expand Entertainment Industry Incentive Act – WVTM

    Alabama Boosts Entertainment Industry with Expanded Incentive Act!

    Toast Sets Its Sights on Revolutionizing Entertainment Venues

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Murfreesboro LPR technology helps catch suspect in Henry County homicide case – WKRN News 2

    Murfreesboro LPR technology helps catch suspect in Henry County homicide case – WKRN News 2

    How will BCI technology change the lives of people with disabilities? – news.cgtn.com

    Transforming Lives: The Impact of BCI Technology on People with Disabilities

    Super Speeders are deadly. This technology can slow them down. – Popular Science

    Revolutionary Technology: Taming the Threat of Super Speeders!

    Celebrating Success: Highlights from the Collaborative College for Technology & Leadership Graduation Ceremony

    Philly police unveil strategy to crack down on car meetups utilizing technology – NBC10 Philadelphia

    Philly Police Launch High-Tech Strategy to Tackle Car Meetups!

    Stony Brook Medicine Pioneers Use of AI Technology for Heart Disease Diagnosis on Long Island – SBU News

    Revolutionizing Heart Health: Stony Brook Medicine Leads the Way with AI Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment

    Country Music Legend Bids Heartfelt Farewell: ‘Y’all Gonna Make Me Tear Up!

    We won’t get a Game of Thrones show this year: A Knight of the Seven Kingdoms shifts to early 2026 – Entertainment Weekly

    Game of Thrones Fans Will Have to Wait: A Knight of the Seven Kingdoms Delayed Until 2026!

    Nile Entertainment Secures African Rights for Thrilling Action Film ‘Son of the Soil

    Florida Highwaymen movie ‘Legends of the Highway’ based on original 26 Black artists – Treasure Coast News

    Unveiling ‘Legends of the Highway’: A Captivating Film Celebrating the Legacy of Florida’s Original 26 Black Artists

    Alabama to expand Entertainment Industry Incentive Act – WVTM

    Alabama Boosts Entertainment Industry with Expanded Incentive Act!

    Toast Sets Its Sights on Revolutionizing Entertainment Venues

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Murfreesboro LPR technology helps catch suspect in Henry County homicide case – WKRN News 2

    Murfreesboro LPR technology helps catch suspect in Henry County homicide case – WKRN News 2

    How will BCI technology change the lives of people with disabilities? – news.cgtn.com

    Transforming Lives: The Impact of BCI Technology on People with Disabilities

    Super Speeders are deadly. This technology can slow them down. – Popular Science

    Revolutionary Technology: Taming the Threat of Super Speeders!

    Celebrating Success: Highlights from the Collaborative College for Technology & Leadership Graduation Ceremony

    Philly police unveil strategy to crack down on car meetups utilizing technology – NBC10 Philadelphia

    Philly Police Launch High-Tech Strategy to Tackle Car Meetups!

    Stony Brook Medicine Pioneers Use of AI Technology for Heart Disease Diagnosis on Long Island – SBU News

    Revolutionizing Heart Health: Stony Brook Medicine Leads the Way with AI Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

ANC seeks coalition after historic loss, rejects Zuma’s demand to oust Ramaphosa

June 3, 2024
in Business
ANC seeks coalition after historic loss, rejects Zuma’s demand to oust Ramaphosa
Share on FacebookShare on Twitter

South Africa’s ANC, after losing its parliamentary majority for the first time since 1994, is in coalition talks with rivals but refuses to meet Jacob Zuma’s demand for Ramaphosa’s resignation. Facing economic woes and political uncertainty, the ANC must navigate alliances to maintain power in the nation’s uncharted political landscape.

By Ntando Thukwana and Antony Sguazzin

South Africa’s ruling African National Congress has begun talks with rivals to form a government after losing a parliamentary majority it had held since Nelson Mandela led it to power at the end of apartheid in 1994. 

The ANC is open to talking to any party but will not entertain demands from some that President Cyril Ramaphosa step down as a precondition, Fikile Mbalula, the party’s secretary-general said at a press conference on Sunday. 

“We are talking to everybody,” Mbalula said. “A coalition is a consequence, when you don’t have a majority, you do do that.”

The ANC’s slump to just over 40% of the vote comes after years of economic mismanagement and corruption saddled the country with one of the world’s highest unemployment rates and weak growth. The electoral shake-up has pushed Africa’s most-industrialized nation into uncharted territory with the ANC now likely to be forced to rely on cooperation from bitter rivals if it is to retain power. 

With ballots from 99.9% of voting districts counted in the May 29 election, the ANC got a 40.2% share, down from 57.5% in 2019. The main opposition Democratic Alliance secured 21.8%, while a party led by a former ANC and national president, Jacob Zuma, garnered 14.6% just five months after its launch. 

Still, Mbalula said, the party will assess all options including failing to come to a coalition agreement, which could necessitate a rerun of the election. It won’t, however, entertain demands by Zuma’s uMkhonto weSizwe party that the price of its support is Ramaphosa’s exit from office.

“Ramaphosa is the president of the ANC and if you come with a demand that he must step down, you must forget,” he said. “No political party will dictate terms like that to us.” Mbalula said the ANC’s top leaders will meet on Tuesday to review what the talks with rivals have yielded.

Jacob Zuma, former South African president and leader of uMkhonto weSizwe (MK Party) attends a news conference at the Independent Electoral Commission (IEC) national results center in Midrand, South Africa, on Saturday, June 1, 2024.

The country’s Electoral Commission said it will officially announce the results on Sunday evening, notwithstanding Zuma’s demand that they delay to review allegations of voter irregularities made by his party and some others. While no evidence of those irregularities has been provided, the MKP said it’s considering calling for a rerun of the vote and is taking legal advice on the matter.

Under the constitution, South Africa’s National Assembly must convene within 14 days to elect a speaker and a president after the declaration of the election outcome.

While Zuma and the leaders of other political parties have been seen at the counting center near Johannesburg, Ramaphosa is yet to make an appearance. He is due to attend the official announcement ceremony later on Sunday.

The extent of the ANC’s loss leaves it with the choice of turning to the DA, which Ramaphosa’s allies favour, or seeking an alliance on the left with either Zuma’s party, known as the MKP, or the populist EFF.

Bloomberg Terminal clients can click on ELEC ZA for more on South Africa’s elections

DA leaders are leaning toward seeking a formal coalition with the ANC in which they would receive some cabinet posts and control of several parliamentary portfolio committees, according to people familiar with the matter who asked not to be identified as the talks aren’t public. Some DA leaders oppose the idea, the people said, and a decision has yet to be taken. 

The DA’s top leadership began meeting on Sunday to discuss its approach. The Inkatha Freedom Party, a small party that’s been working with the DA, also organized a gathering of its national executive committee for Sunday. 

EFF leader Julius Malema, who established the party in 2013 after he was expelled from the ANC, said he’s open to cooperating with it.

Julius Malema at the Independent Electoral Commission national results center in Midrand, on June 1.

The ANC is considering a wide range of options that would allow it to work with rivals with people familiar with the situation saying the possibility of appointing a finance minister from outside of the party is being considered. The president is permitted to appoint two people to cabinet who are not members of parliament.

An alliance with the DA would be welcomed by financial markets as it would likely see the acceleration of economic reforms and privatization initiatives that Ramaphosa has begun to put in place. It could also see chronic power and water shortages tackled and action taken to improve the woeful performance of the country’s freight rail and port networks. 

“The ANC has been in power for too long and has been too complacent,” William Gumede, a political analyst and founder of the Democracy Works Foundation, said in an interview with Bloomberg Television. “I think now for the first time since 1994 we will actually see some kind of accountability, some kind of urgency to deal with all these structural issues.”

If the ANC chooses to form a minority government, it will still need the support of a rival to appoint a president as that position is voted on by parliament.

Read also:

🔒 FT: ANC weighs coalition options after crushing SA election blow
🔒How world sees SA: Country on brink of salvation – or catastrophe
Cronje on Election’24:  SA’s historic opportunity – if ANC avoids Chernobyl option

© 2024 Bloomberg L.P.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BizNews – https://www.biznews.com/sarenewal/2024/06/02/anc-seeks-coalition-rejects-oust-ramaphosa

Tags: businessCoalitionseeks
Previous Post

SA’s fate is in the hands of disruptor Zuma after vote

Next Post

GSK, Pfizer must face Zantac cases from about 75,000 consumers in Delaware, judge rules

ELV INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Elevance Health, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit – Business Wire

Attention Elevance Health Investors: Seize Your Chance to Lead a Class Action Lawsuit for Substantial Losses!

May 19, 2025
Nonprofit leaders brace for possible targeting by the Trump administration after tax measure advances in Congress – CNN

Nonprofit leaders brace for possible targeting by the Trump administration after tax measure advances in Congress – CNN

May 19, 2025
Murfreesboro LPR technology helps catch suspect in Henry County homicide case – WKRN News 2

Murfreesboro LPR technology helps catch suspect in Henry County homicide case – WKRN News 2

May 19, 2025
Jaylen Brown was reportedly playing through partially torn meniscus in final months of Celtics’ season – Yahoo Sports

Jaylen Brown was reportedly playing through partially torn meniscus in final months of Celtics’ season – Yahoo Sports

May 18, 2025
Spokane River conservation efforts are paying off, the Department of Ecology reports – KXLY.com

Spokane River Conservation Success: Positive Progress Report from the Department of Ecology

May 18, 2025
War on science causes irrevocable damage – The Newsleaders

Unraveling the War on Science: The Irreparable Damage to Our Future

May 18, 2025
Exclusive: NSF director to resign amid grant terminations, job cuts, and controversy – Science | AAAS

NSF Director Steps Down Amidst Grant Cuts and Rising Controversy

May 18, 2025
Michael McGarrity delves into a new genre with ‘Night in the City’ – Albuquerque Journal

Michael McGarrity Explores a Thrilling New Genre in ‘Night in the City

May 18, 2025
Paulton’s Park announces new £12m Viking-themed world – BBC

Unveiling Adventure: Paulton’s Park Launches Exciting £12 Million Viking-Themed World!

May 18, 2025
Mapped: The Size of Each Country’s Shadow Economy – Visual Capitalist

Unveiling the Hidden Economy: A Global Map of Shadow Markets

May 18, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (618)
  • Economy (631)
  • Entertainment (21,545)
  • General (15,223)
  • Health (9,674)
  • Lifestyle (636)
  • News (22,149)
  • People (635)
  • Politics (640)
  • Science (15,855)
  • Sports (21,142)
  • Technology (15,623)
  • World (621)

Recent News

ELV INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Elevance Health, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit – Business Wire

Attention Elevance Health Investors: Seize Your Chance to Lead a Class Action Lawsuit for Substantial Losses!

May 19, 2025
Nonprofit leaders brace for possible targeting by the Trump administration after tax measure advances in Congress – CNN

Nonprofit leaders brace for possible targeting by the Trump administration after tax measure advances in Congress – CNN

May 19, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version