Coalition governance embodies both risks and opportunities
“Against the background of the interim results thus far of the country’s pivotal 2024 elections, South Africa is for now in uncharted and uncertain waters, which is reflected in the initial reaction of the financial markets and the rand.”
Prof Raymond Parsons, economist from the North-West University (NWU) Business School, says while the emergence of coalition government, both at national and provincial levels, is not unexpected, the exact configuration of coalition arrangements could have an important impact on South Africa’s economic performance.