Ramaphosa Re-elected as South Africa Forms Historic Coalition Government

The African National Congress and Democratic Alliance unite in a landmark agreement, reshaping the nation's political landscape.

Cyril Ramaphosa secures a second term as President with 283 votes in Parliament.
The African National Congress loses its majority for the first time since 1994.
A coalition government is formed with the ANC, Democratic Alliance, Inkatha Freedom Party, and Patriotic Alliance.
The new government aims to address economic growth, job creation, and land reform.
Investors respond positively to the coalition, expecting policy continuity and reforms.