Reported 7 months ago
Cyril Ramaphosa has been re-elected as South Africa's president, following a power-sharing deal with opposition parties. His re-election came after the African National Congress appointed him as their candidate for another five-year term and secured support from various parties. Ramaphosa's victory has positively impacted financial markets in South Africa, with the broad alliance government likely to focus on economic growth, job creation, and crime reduction.
Source: YAHOO