New South African government inspires hope and fear


  • World
  • Monday, 01 Jul 2024

FILE PHOTO: South Africa's president elect Cyril Ramaphosa speaks on the day of his inauguration ceremony for his second term as South African president, in Pretoria, South Africa, June 19, 2024. REUTERS/Alet Pretorius/File Photo

(Reuters) - South Africa's new unity government inspired cautious optimism on Monday from industry and financial markets but many citizens and political analysts fear the coalition will struggle to deliver economic growth and social change.

President Cyril Ramaphosa appointed former main opposition leader John Steenhuisen to head an important ministry on Sunday, bringing the Democratic Alliance and other parties into a coalition cabinet for the first time in three decades.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Germany expels Russian diplomat over espionage accusations
Freezers full of seal meat: How Greenland's hunting culture helps emergency preparedness
Mozambique counts 13 dead in floods so far but toll expected to rise
Elizabeth Hurley tells UK court she endured 'brutal invasion of privacy'
Factbox-The Kurdish struggle for rights and land
Colombia halts electricity sales to Ecuador and imposes tariffs in trade, drug trafficking spat
Musk to attend Davos for first time after years of criticizing WEF
Free-wheeling Amsterdam cracks down on electric 'fatbikes'
ICE detains four children from Minnesota school district, school officials say
Iraq says it will prosecute Islamic State detainees transferred from Syria

Others Also Read