Research Briefing | May 13, 2024

South Africa: Elections2024 | ‘ANC & DA’ election scenario

This Research Briefing details the third of our four scenarios for South Africa’s general election on May 29. In this scenario, the African National Congress (ANC), having won only 40% of the vote, decides to make a deal with the party that has been the official opposition for 25 years: the liberal Democratic Alliance (DA).

What you will learn:

  • Cyril Ramaphosa continues as president, careful haggling over cabinet positions delivers a compromise executive.
  • The focus shifts to boosting economic growth as the DA demands greater private sector participation.
  • This is our best-case scenario from the macroeconomic point of view, associated with higher investment and growth.
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