• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

South Africa’s new Parliament to meet Friday to elect President

1 year ago
in Features, highlights, Home, home-news, latest News
2 min read
0 0
0
96
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

South Africa’s new Parliament to meet Friday to elect President

South Africa’s newly elected parliament is to convene for the first time on Friday, authorities said, as political parties scramble to form a coalition after general elections produced no outright winner.

Lawmakers in the 400-seat National Assembly in Cape Town will be called to appoint a speaker and start the process of electing the country’s president — a task that could prove trickier than usual this year.

For the first time since the advent of democracy in 1994, President Cyril Ramaphosa’s African National Congress (ANC) lost its absolute parliamentary majority in the May 29 vote.

The party of late anti-apartheid leader Nelson Mandela won 40 percent of the vote — its lowest ever score — and now needs the backing of other parties to govern.

“The first sitting of the National Assembly shall be on Friday, 14 June 2024,” Chief Justice Raymond Zondo wrote in an order released on Monday to the media by the justice ministry.

The ANC has already indicated it wants to form a government of national unity with a broad group of opposition parties, ranging from the far right to the hard left.

RelatedPosts

Nigeria Leads as Africa’s Wealthiest Economies Lose Over 8,000 Millionaires in 10 Years

Financial Stocks Gain as Accra Bourse Slips on Prime Index Decline

Ghana in Talks With Nigeria Over Possible Barter Deal to Swap Gas for Electricity

The proposal met a cool reception from some last week, with the radical leftist Economic Freedom Fighters (EFF) initially dismissing the idea of joining hands with rivals holding radically different political views, such as the centre-right Democratic Alliance (DA).

But talks continued over the weekend and the top leaders of some parties, including the DA, were holding internal discussions on Monday to decide a way forward.

In his weekly newsletter, Ramaphosa, who went into the election hoping to secure a second term, urged all groups to work together.

“As the country prepares for a new democratic administration, all parties need to work together to sustain the momentum of reform, growth and transformation,” he said.

“A stable and effective government committed to economic reform will enable us to build an inclusive and growing economy that benefits all South Africans.”

Not everyone was heeding the call.

Former president Jacob Zuma’s uMkhonto weSizwe (MK) party — which came third in the election, winning 14.6 percent of the vote and 58 seats — said it was to file a court appeal to prevent the new parliament from convening, pending a separate complaint over alleged election irregularities.

“Allowing the National Assembly to sit amidst such significant doubts on the legal validity of the election process would be a betrayal of the electorate’s trust,” said MK spokesman Nhlamulo Ndhlela.

As MK lawmakers vowed to boycott the session if it were to go ahead, parliament’s spokesman Moloto Mothapo said the body had “cancelled all arrangements for accommodation and flights” in Cape Town for them “to avoid incurring fruitless and wasteful expenditure”.

Last week, the ANC said it had “repeatedly” reached out to MK for coalition talks but received no response.

MK had earlier said it would not back an ANC-led government if Ramaphosa remained at the helm. But the ANC plans to keep him.

Zuma and Ramaphosa have been divided by a bitter rivalry ever since the former was ousted by his own party under a cloud of corruption allegations in 2018 and replaced by the latter.

The ANC will have 159 members in the National Assembly, down from 230 in 2019.

Together with the DA, which won 87 seats with a liberal, free-market agenda, it would hold a comfortable majority in parliament.

But the prospect has caused divisions within the ANC, as some see such a deal as being at odds with the party’s left-leaning traditions.

Any agreement with the EFF, which won 39 seats and supports land redistribution and the nationalisation of key economic sectors, would require the support of at least another party.

The ANC retains the respect of many South Africans for its leading role in overthrowing white-minority rule.

Its progressive social welfare and black economic empowerment policies are credited by supporters with helping millions of black families out of poverty.

But many voters deserted it at last month’s election amid widespread discontent at high unemployment, rampant crime, graft scandals and power shortages.

Tags: ParliamentPresident RamaphosaSouth AfricaSouth Africa's new Parliament to meet Friday to elect President
No Result
View All Result

Highlights

Ghana set to Save $300m in Debt Restructuring Deal With IPPs – ACEP’s Ben Boakye Discloses

Morocco and Madagascar set up Historic CHAN Final in Nairobi

US Open: Defending Champions Swiatek and Sinner Cruise Into Second Round

Otto Addo Names Strong 24-Man Squad As Black Stars Prepare For Crucial World Cup Qualifiers Against Chad and Mali

FEC 2025: NRGI Warns Fossil Fuel Investments Risk Undermining Africa’s Energy Transition; Lists Innovative Financing Instruments to Plug Transition Funding Shortfall

Kwesi Appiah: The Ghanaian Legend Rewriting Sudan’s Football Story Amid War

Trending

Business

Nigeria Leads as Africa’s Wealthiest Economies Lose Over 8,000 Millionaires in 10 Years

August 27, 2025

Nigeria Leads as Africa’s Wealthiest Economies Lose Over 8,000 Millionaires in 10 Years Wealthy individuals often relocate...

Financial Stocks Gain as Accra Bourse Slips on Prime Index Decline

August 27, 2025

Ghana in Talks With Nigeria Over Possible Barter Deal to Swap Gas for Electricity

August 27, 2025

Ghana set to Save $300m in Debt Restructuring Deal With IPPs – ACEP’s Ben Boakye Discloses

August 27, 2025

Morocco and Madagascar set up Historic CHAN Final in Nairobi

August 27, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.