Cyril Ramaphosa's Inauguration Ushers in Political Transformation in South Africa
Cyril Ramaphosa has embarked on his second term as South Africa's president under unprecedented political conditions. For the first time in thirty years, the African National Congress (ANC) lost its majority, prompting the formation of a coalition government. This shift in power is seen as a new era for the country, with markets reacting positively and anticipation building about addressing past inequalities and fostering a stable political environment.
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