PRETORIA: South Africa’s Cyril Ramaphosa hailed “the beginning of a new era” on Wednesday as he was sworn in for a second full term as president after his weakened African National Congress (ANC) struck a hard-won government coalition deal to remain in power.
Lawmakers voted overwhelmingly to re-elect the 71-year-old last week after a May 29 general election produced no outright winner for the first time in three decades.
“The formation of a government of national unity is a moment of profound significance. It is the beginning of a new era,” Ramaphosa said, after taking the oath of office during a ceremony at the Union Buildings, the seat of government, in Pretoria.
“The voters of South Africa did not give any single party the full mandate to govern our country alone,” he added, speaking before lawmakers, foreign dignitaries, religious and traditional leaders and cheering supporters.
“They have directed us to work together to address their plight and realize their aspirations.”
Ramaphosa is expected to announce his cabinet in the coming days, as talks with coalition members continue.
Numerous heads of state, including Nigerian President Bola Ahmed Tinubu, Angola’s Joao Lourenco, Congo Brazzaville’s Denis Sassou Nguesso and Eswatini’s absolute leader King Mswati III attended the inauguration.
Guests in suits, fancy dresses and coats to keep warm in the chilly winter weather started to arrive early in the morning amid a heavy police presence.
VIPs, some singing anti-apartheid struggle songs, were allowed into a small amphitheater within the imposing, sandstone government building.
Other attendees, some holding South African flags, sat on a lawn outside as dancers and musicians performed on a big stage.
After Ramaphosa was sworn in, a band played the national anthem, followed by a 21-gun salute and a fly past by the air force.
It was the third time Ramaphosa has taken the oath.
The former trade unionist turned millionaire businessman first came to power in 2018, after his predecessor and rival Jacob Zuma was forced out before the end of his term under the cloud of corruption allegations.
Ramaphosa was then re-appointed for a full five-year term in 2019. In South Africa, voters elect the parliament, which then votes for the president.
Ramaphosa promised a new dawn for South Africa, launched an anti-graft drive and started to reform a collapsing energy system.
But under his watch, the economy languished, blighted by power cuts, crime remained rife and unemployment increased to 32.9 percent.
In May, he led the ANC into yet another vote, but the historied party of the late Nelson Mandela came out bruised.
It won only 40 percent — down from 57.5 percent five years earlier.
For the first time since the advent of democracy in 1994, it lost its absolute majority in parliament and was left scrambling to find coalition partners to remain in power.
It has since agreed to form what it calls a national unity government with several other parties.
They include the center-right Democratic Alliance (DA), the Zulu nationalist Inkatha Freedom Party, the anti-immigration Patriotic Alliance and the small center-left GOOD party.
The deal allowed Ramaphosa to comfortably see off a last-minute challenge by firebrand leftist politician Julius Malema, with 283 lawmakers in the 400-seat National Assembly voting to put him back in office.
But it has faced a vociferous opposition from the left, with Malema’s Economic Freedom Fighters and former president Zuma’s uMkhonto weSizwe (MK) refusing to take part and denouncing the inclusion of right-wing parties and the white-led, free-market DA.
MK came third in the election but has contested the results.
Party spokesman Nhlamulo Ndhlela said in a statement ahead of the ceremony that its lawmakers would snub the “farcical inauguration of Cyril Ramaphosa as the puppet DA-sponsored President,” also using a racial slur to describe the ANC leader.
But Ramaphosa said voters had stressed they were “impatient with political bickering” and wanted parties to “put their needs and aspirations first” and “work together for the sake” of the country.
“We must reject every attempt to divide or distract us, to sow doubt or cynicism, or to turn us against one another,” he said, in an apparent, veiled dig at his opponents.
“As leaders, as political parties, we are called upon to work in partnership toward a growing economy, better jobs, safer communities and a government that works for its people.”
South Africa’s Ramaphosa sworn in for second full term as president
https://arab.news/448v9
South Africa’s Ramaphosa sworn in for second full term as president
- Former trade unionist turned millionaire businessman first came to power in 2018
- In South Africa, voters elect the parliament, which then votes for the president
Trump cuts India tariffs as Modi ‘agrees’ to stop buying Russian oil
- US will impose an 18 percent tariff on Indian goods, down from the earlier 50 percent punitive levy
- Withdrawal from Russian oil may affect India’s relations with BRICS, expert says
NEW DELHI: The US and India have announced reaching a trade agreement after months of friction, with President Donald Trump saying that Prime Minister Narendra Modi had “agreed” to halt purchases of Russian oil.
In August, Trump accused India, which imports most of its crude oil, of funding Moscow’s war in Ukraine and subjected it to a combined tariff rate of about 50 percent on most of the exports.
Following a call with Modi on Monday, Trump took to social media to say that he would cut with immediate effect US levies on Indian goods to 18 percent after Modi “agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela.”
At the same time, India, Trump wrote, would “reduce their Tariffs and Non Tariff Barriers against the United States, to ZERO,” committing to buy “over $500 BILLION DOLLARS of US Energy, Technology, Agricultural, Coal, and many other products.”
Modi confirmed the agreement on social media, saying: “Made in India products will now have a reduced tariff of 18 percent,” without commenting on Russian oil or duty-free imports of American goods.
When the US announced its punitive tariffs last year, India quickly moved forward with free trade negotiations with other countries — signing a deal with Oman and finalizing negotiations with New Zealand and the EU.
While the agreements were expected to partially offset the loss of exports to the US, economists did not expect they would immediately mitigate it, as shifting supply chains takes time.
The newly announced agreement with the US will therefore offer short-term relief for Indian exporters — especially of textiles, gems, jewelry and marine products — who were facing the threat of a market exit.
“In that case, the trade deal with the US is a welcome step. It provides short-term relief, allowing India to continue exporting to the US without being forced to exit the US market and diversify with a huge transition cost,” said Anisree Suresh, geoeconomics researcher at the Takshashila Institution.
“However, one shouldn’t look at it as a comprehensive long-term trade deal like the one India signed with the EU. The unpredictability of the Trump administration remains a major concern, regardless of whether there is a trade deal with the US ... India cannot treat this deal the same as other FTAs, as it is limited in scope and subject to reversal.”
When the US imposed its punitive tariffs on India, about 66 percent of total Indian exports were subject to that rate. Overall, India recorded a negative margin of 19.5 percent, meaning its exports were taxed more heavily than those of its competitors.
“From that point of view, Indian goods will have a larger market over there. However, there’s a problem when we talk about a 0 percent tariff on the US,” said Prof. Arun Kumar, a development economist.
“The US will be able to export a lot more to India, and therefore it will affect our production within the economy. And that will be a setback, so while exports may rise, the internal economy may actually suffer because of this decrease in tariffs on American goods. And especially if it affects agriculture.”
The sudden withdrawal from India’s partnership with Russia may not have a serious economic impact but politically could affect New Delhi’s relations, also with other countries, especially those from BRICS — a grouping that besides India and Russia includes also Brazil and China, and is the most powerful geopolitical forum outside of the Western world.
“You can always substitute Russian oil with some other oil, but I think it’s more of a strategic question, because India and Russia have had long-standing relationships, and if we bend to US pressure and reduce purchases from Russia, then it will affect in future also our relationship with Russia, because we will not be seen as a stable ally,” Kumar said.
“BRICS nations will not trust India very much in the future ... and that’s what Trump wants. He wants to disrupt BRICS. That’s what he has been doing right since the beginning to divide nations and deal with them individually.”
