What is a ‘coalition’? How are things likely to play out over the next few days, as a new era dawns on our maturing democracy.
On Sunday night, the IEC announced the results of the national elections. This now means that we know, officially, how many seats each party has. For the first time ever, the ANC does not have an outright majority. Similarly, in some provinces, there is no outright majority. This means it requires parties to form coalitions to govern. Or as my 10-year-old says, they have to ‘partner up’.
Investors, economists and citizens like you and me are watching developments closely. There is plenty of anxiety and fear about what could happen. But there is also massive opportunity and potential. This is unprecedented in South Africa. Politicians will have to be humbled into working together and compromising. It is exciting and scary. South Africa is truly alive with possibility.
It is very possible that deals could be done that have an impact on provincial and national level. Provinces like KZN or Gauteng could be used as bargaining chips at the national level. A premiership in exchange for support at the national level for example.THE GOVERNMENT OF NATIONAL UNITY
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