(Bloomberg) -- South African political parties that last week agreed to form a governing alliance after May 29 elections failed to produce an outright winner...
-- South African political parties that last week agreed to form a governing alliance after May 29 elections failed to produce an outright winner are limbering up for a tussle over cabinet positions , as President Cyril Ramaphosa prepares to be sworn in for a new term.S&P 500 Hits 30th Record of 2024 as Megacaps Rally: Markets WrapHow the US Mopped Up a Third of Global Capital Flows Since Covid
The DA, a centrist party that espouses free-market principles, is eying key portfolios in the economic cluster in the new administration, though they will be opposed by the ANC, according to people familiar with the matter who asked not to be identified as they aren’t authorized to comment. The economy cluster includes the trade and industry, public enterprises and finance ministries.
The president’s previous executive included 30 ministers and 36 deputy ministers. While he’s previously pledged to slim down the cabinet, that plan may be put on hold to accommodate new partners in the government, the people said. The unity government accord prioritizes growing the economy among its 11 focus areas for the incoming administration. It touts fixed capital investment, structural reforms and fiscal sustainability as key objectives.
Democratic Sen. Chris Murphy said Sunday the Supreme Court is “readying to fundamentally rewrite the Second Amendment” after striking down a federal ban on bump stocks.‘The Daily Show’: Jon Stewart Says Donald Trump Is “Tripping Over His Own D***” Coming After Joe Biden’s Age
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