South Africa’s Leftist EFF Spurns Tie-Up With Centrist Rival
- Rand up as Economic Freedom Fighters rejects unity government
- Democratic Alliance to insist on independent central bank
Economic Freedom Fighters Leader Julius Malema at the Independent Electoral Commission national results center in Midrand, on June 1.
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
South Africa’s leftist Economic Freedom Fighters said it won’t join a government that includes the centrist Democratic Alliance and Freedom Front Plus parties, potentially derailing a proposal for a broad-based alliance to rule the country. The rand strengthened.
President Cyril Ramaphosa on Thursday invited opposition parties to join the African National Congress in a government of national unity after last week’s elections failed to produce an outright winner.