South Africa LIVE: Inauguration of South Africa’s President-Elect Ramaphosa | ANC Party | N18G

South Africa LIVE: Inauguration of South Africa’s President-Elect Ramaphosa | ANC Party | South Africa Elections | CNBC TV18 South African President Cyril Ramaphosa has been reelected by lawmakers for a second term after his African National Congress and the Democratic Alliance struck a historic deal to form a coalition government by setting aside their rivalry. Ramaphosa’s ANC lost its parliamentary majority for the first time in 30 years in last month’s elections. It got 40 per cent of the vote, while the Democratic Alliance (DA) came second with 22 per cent. The new government of national unity combines Ramaphosa’s ANC, the centre-right DA and smaller parties. Ramaphosa, 71, easily won the late Friday vote against Julius Malema, leader of the far-left Economic Freedom Fighters (EFF). Ramaphosa got 283 votes and Malema just 44. Parliament earlier in the day also elected Thoko Didiza of the ANC as Speaker and Annelie Lotriet of the DA as Deputy Speaker The presidential inauguration to be