The budget stand-off is unprecedented in South Africa, which has been ruled by a grand coalition since July when Ramaphosa’s African National Congress partnered with nine other parties after failing to win an outright majority for the first time since the fall of apartheid.
Lawmakers were warned that the United States is planning more punitive actions against the country. Officials hope a new trade deal will help repair the icy relations.
South Africa's economy returned to modest growth in the fourth quarter of last year, helped by a recovery in agricultural output after the sector triggered a contraction in the previous quarter.
A contentious law that allows South Africa’s government to expropriate land has enraged the United States. Many fear that the African nation could now potentially lose some of its US trade privileges.
South Africa remains vulnerable to power outages due to unplanned breakdowns at existing plants and delays in bringing new ones on line, the country’s electricity minister warned.
South Africa ‘particularly excited’ about launch of National AI Skilling Initiative to train public servants in AI, says Cyril Ramaphosa - Anadolu Ajansı