Summary
- The African National Congress and the Democratic Alliance have agreed to work together in a government of national unity in South Africa.
- This marks a new era in South African politics, ending the ANC’s dominance since apartheid ended in 1994.
- The DA will co-govern alongside the ANC, along with two smaller parties, the Inkatha Freedom Party and Patriotic Alliance.
- Investors welcome this deal for policy continuity and the exclusion of more radical parties like the Economic Freedom Fighters and uMkhonto we Sizwe (MK).