South African elections: Businesses anticipate a downturn under the coalition government.
South Africa's corporate community is alarmed by the unexpected election results, fearing the end of its government relationship and the derailment of critical reforms. As speculation of a coalition government rises, corporations carefully watch the ANC's possible allies.
The speaker of the South African parliament quits over claims of corruption.
The speaker of South Africa's parliament resigned on Wednesday and gave up her position due to accusations of corruption. She had lost a legal battle the day before to prevent her arrest.
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