DA Leader Declares Opposition to South Africa’s National Budget

John Steenhuisen, leader of South Africa’s Democratic Alliance, declared that the DA will not support the current national budget. This stance reflects a power-sharing arrangement following the ANC’s loss of parliamentary majority in the last election.
John Steenhuisen, leader of South Africa’s Democratic Alliance (DA), announced that his party will not endorse the national budget as it stands. This decision highlights a significant political challenge for the ruling African National Congress (ANC), which has had to collaborate with the DA and smaller parties after losing its parliamentary majority in the May election last year.
The DA’s refusal to support the budget emphasizes the shifting political landscape in South Africa, particularly following the ANC’s diminished majority. This move could impact the government’s ability to pass critical financial legislation moving forward.
Original Source: www.tradingview.com