South Africa's ANC loses parliamentary majority in elections, necessitating coalition talks.

South Africa's ruling party, the African National Congress (ANC), which has held power since the end of apartheid 30 years ago, has lost its parliamentary majority in recent elections. The ANC secured 40.8% of the vote, marking a significant decline from the majority they have held since 1994. The party's loss of majority necessitates coalition talks to support President Cyril Ramaphosa, leading to potential uncertainty in South Africa's political landscape and advanced economy.

June 01, 2024
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