The Possible Implications of South Africa’s Coalition Government

June 2024

Past Event

The Possible Implications of South Africa’s Coalition Government

Past Event

Online

June 06, 2024

The Possible Implications of South Africa’s Coalition Government

Voters cast ballots during the national election on May 29, 2024, in Matatiele, South Africa. (J. Countess via Getty Images)

June 2024

Past Event

Speakers:

Peter O’Malley

Founder, Kenosis Capital

Dr. Theuns Eloff

Chairman, Astral Food

Khulekani Mathe

Chief Executive Officer Designate, Business Unity South Africa

Chris Opperman

Operating Partner, C5 Capital

Moderator:

Listen to Event Audio

On May 29, for the first time since the end of apartheid in 1994, South Africa’s African National Congress (ANC)’s vote share fell below the 50 percent threshold necessary for unilaterally forming a government. Urgent coalition negotiations are ongoing to meet the constitutionally mandated 14-day deadline for parliament to select a president, but there is immense uncertainty about the outcome. The stakes are high for one of Africa’s most important countries: the outcomes for South Africa’s economy, society, and foreign policy could vary radically depending on the coalition’s composition.

Senior Fellow Joshua Meservey will moderate a discussion to examine the likelihood of different coalition scenarios and their possible impact on South Africa’s economy, society, and foreign policy. Discussants will provide a granular breakdown of the electoral results and the ongoing coalition negotiations and offer insights about South Africa’s political and economic trajectory, gleaned from decades living, working, and investing in South Africa.

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