Cyril Ramaphosa Sworn in for Second Term, Plans to Revive South African Economy

 

Pretoria, June 19, 2024 – Cyril Ramaphosa has been inaugurated for a second term as President of South Africa, despite his African National Congress (ANC) failing to secure a majority in last month’s parliamentary elections.

The swearing-in ceremony, attended by numerous African dignitaries and heads of state, featured music and artistic performances, a 21-gun salute, military fly-bys, and a march past by the country’s defense forces. The event was declared a normal working day by the presidency.

Ramaphosa’s re-election followed a coalition deal between the ANC, its long-time rival Democratic Alliance (DA), and other parties after the May 29 election yielded no outright winner. The ANC, which has governed since the end of apartheid in 1994, lost its majority for the first time, securing only 40% of the vote. The DA garnered 22%, with the new coalition accounting for 68% of parliamentary seats.

Former President Jacob Zuma’s recently formed uMkhonto weSizwe (MK) party, which won 15% of the vote and 58 parliamentary seats, boycotted the inauguration and parliament’s first sitting last Friday, calling the event “farcical.”

Despite a 17 percentage point drop in the ANC’s vote and the loss of 70 seats in parliament, Ramaphosa retained the presidency through a power-sharing agreement with the pro-business DA and other smaller parties, marking a shift towards the political center. Left-wing and populist breakaway parties from the ANC declined to join the coalition government.

In his upcoming term, President Ramaphosa is expected to appoint a cabinet that includes members of the new coalition. He has pledged to set an agenda aimed at rescuing the struggling economy, which has been plagued by power cuts, rising crime, and high unemployment rates.

Ramaphosa first assumed the presidency in 2018 after Jacob Zuma was forced to resign amid corruption allegations, which Zuma has denied. As Ramaphosa begins his second term, all eyes are on his plans to address South Africa’s economic challenges and stabilize the nation’s governance.

Related Posts

INEC Receives Petition for the Recall of Senator Natasha Akpoti-Uduaghan

The Independent National Electoral Commission (INEC) has officially received a petition from constituents in Kogi Central Senatorial District requesting the recall of their representative, Senator Natasha Akpoti-Uduaghan.

Continue reading
Kogi jailbreak: NCoS recaptures 5 fleeing inmates

The Nigeria Correctional Service (NCoS) has recaptured five out of the 12 inmates who escaped from custody at the Medium Security Custodial Centre in Koton Karfe, Kogi.

Continue reading

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

INEC Receives Petition for the Recall of Senator Natasha Akpoti-Uduaghan

INEC Receives Petition for the Recall of Senator Natasha Akpoti-Uduaghan

Kogi jailbreak: NCoS recaptures 5 fleeing inmates

Kogi jailbreak: NCoS recaptures 5 fleeing inmates

Germany, Portugal Secure Nations League Semifinal Spots; Juventus Sack Thiago Motta

  • By Joe
  • March 24, 2025
  • 7 views
Germany, Portugal Secure Nations League Semifinal Spots; Juventus Sack Thiago Motta

First US Deportation Flight to Venezuela Arrives Following Repatriation Agreement

  • By Joe
  • March 24, 2025
  • 7 views
First US Deportation Flight to Venezuela Arrives Following Repatriation Agreement

Fubara goes to Church amid emergency rule

Fubara goes to Church amid emergency rule

Tiger Woods Confirms Romance with Vanessa Trump 

  • By Joe
  • March 24, 2025
  • 16 views
Tiger Woods Confirms Romance with Vanessa Trump 
WP2Social Auto Publish Powered By : XYZScripts.com