HOME

TheInfoList



OR:

South Africa since 1994 transitioned from the system of
apartheid Apartheid (, especially South African English: , ; , "aparthood") was a system of institutionalised racial segregation that existed in South Africa and South West Africa (now Namibia) from 1948 to the early 1990s. Apartheid wa ...
to one of
majority rule Majority rule is a principle that means the decision-making power belongs to the group that has the most members. In politics, majority rule requires the deciding vote to have majority, that is, more than half the votes. It is the binary dec ...
. The election of 1994 resulted in a change in government with the
African National Congress The African National Congress (ANC) is a social-democratic political party in South Africa. A liberation movement known for its opposition to apartheid, it has governed the country since 1994, when the first post-apartheid election install ...
(ANC) coming to power. The ANC retained power after subsequent elections in
1999 File:1999 Events Collage.png, From left, clockwise: The funeral procession of King Hussein of Jordan in Amman; the 1999 İzmit earthquake kills over 17,000 people in Turkey; the Columbine High School massacre, one of the first major school shoot ...
,
2004 2004 was designated as an International Year of Rice by the United Nations, and the International Year to Commemorate the Struggle Against Slavery and its Abolition (by UNESCO). Events January * January 3 – Flash Airlines Flight ...
,
2009 File:2009 Events Collage V2.png, From top left, clockwise: The vertical stabilizer of Air France Flight 447 is pulled out from the Atlantic Ocean; Barack Obama becomes the first African American to become President of the United States; Prote ...
,
2014 File:2014 Events Collage.png, From top left, clockwise: Stocking up supplies and personal protective equipment (PPE) for the Western African Ebola virus epidemic; Citizens examining the ruins after the Chibok schoolgirls kidnapping; Bundles of wa ...
, and
2019 File:2019 collage v1.png, From top left, clockwise: Hong Kong protests turn to widespread riots and civil disobedience; House of Representatives votes to adopt articles of impeachment against Donald Trump; CRISPR gene editing first used to experi ...
. Children born during this period are known as the ''born-free'' generation, and those aged eighteen or older, were able to vote for the first time in 2014.


Mandela presidency (1994–1999)

Following the
election An election is a formal group decision-making process by which a population chooses an individual or multiple individuals to hold public office. Elections have been the usual mechanism by which modern representative democracy has oper ...
of 27 April 1994,
Nelson Mandela Nelson Rolihlahla Mandela (; ; 18 July 1918 – 5 December 2013) was a South African anti-apartheid activist who served as the first president of South Africa from 1994 to 1999. He was the country's first black head of state and the ...
was sworn in as President of South Africa. The Government of National Unity was established; its cabinet made up of twelve African National Congress representatives, six from the National Party, and three from the
Inkatha Freedom Party The Inkatha Freedom Party ( zu, IQembu leNkatha yeNkululeko, IFP) is a right-wing political party in South Africa. The party has been led by Velenkosini Hlabisa since the party's 2019 National General Conference. Mangosuthu Buthelezi founded ...
.
Thabo Mbeki Thabo Mvuyelwa Mbeki KStJ (; born 18 June 1942) is a South African politician who was the second president of South Africa from 14 June 1999 to 24 September 2008, when he resigned at the request of his party, the African National Congress (ANC ...
and F.W. de Klerk were made deputy presidents. Economically, the government embarked on the
Reconstruction and Development Programme Reconstruction and Development Programme (RDP) is a South African socio-economic policy framework implemented by the African National Congress (ANC) government of Nelson Mandela in 1994 after months of discussions, consultations and negotiations ...
(RDP) to address the socio-economic consequences of apartheid, including alleviating
poverty Poverty is the state of having few material possessions or little and addressing the massive shortfalls in
social services Social services are a range of public services intended to provide support and assistance towards particular groups, which commonly include the disadvantaged. They may be provided by individuals, private and independent organisations, or administe ...
across the country - something that the government acknowledged would rely upon a stronger macroeconomic environment. In 1995, the interim constitution agreed to during the negotiations to end apartheid was replaced by a new
constitution A constitution is the aggregate of fundamental principles or established precedents that constitute the legal basis of a polity, organisation or other type of entity and commonly determine how that entity is to be governed. When these prin ...
. The government also established the Truth and Reconciliation Commission (TRC) to expose the crimes of the apartheid era. The commission heard many stories of horrific brutality and injustice from all sides of the struggle, and offered some
catharsis Catharsis (from Greek , , meaning "purification" or "cleansing" or "clarification") is the purification and purgation of emotions through dramatic art, or it may be any extreme emotional state that results in renewal and restoration. In its lite ...
to people and communities shattered by their past experiences. The TRC operated by allowing victims to tell their stories and by allowing perpetrators to confess their guilt, with amnesty on offer to those who made a full confession. Those who chose not to appear before the commission would face criminal prosecution if the authorities could prove their guilt. But while some soldiers, police, and ordinary citizens confessed their crimes, few of those who had given the orders presented themselves. For example, former State President P. W. Botha and then-Deputy President Thabo Mbeki refused to appear before the Commission. A Growth, Employment and Redistribution (GEAR) strategy was adopted in June 1996. The GEAR strategy was influenced by the economic ideas that became known as the
Washington Consensus The Washington Consensus is a set of ten economic policy prescriptions considered to constitute the "standard" reform package promoted for crisis-wracked developing countries by Washington, D.C.-based institutions such as the International Mon ...
; it aimed to cut state expenditure, rationalise the public sector and reduce the budget deficit to 3% by 1999.
Trevor Manuel Trevor Andrew Manuel (born 31 January 1956) is a South African politician who served in the government of South Africa as Minister of Finance from 1996 to 2009, during the presidencies of Nelson Mandela, Thabo Mbeki and Kgalema Motlanthe, and ...
had just been appointed
Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", ...
. The GEAR strategy was probably adopted under some pressure from international investors. In 1995, South Africa hosted and won the
1995 Rugby World Cup The 1995 Rugby World Cup was the third Rugby World Cup. It was hosted and won by South Africa, and was the first Rugby World Cup in which every match was held in one country. The World Cup was the first major sporting event to take place in Sou ...
. Nelson Mandela wore a
Springbok The springbok (''Antidorcas marsupialis'') is a medium-sized antelope found mainly in south and southwest Africa. The sole member of the genus ''Antidorcas'', this bovid was first described by the German zoologist Eberhard August Wilhelm v ...
rugby jersey to present the
William Webb Ellis Cup The Webb Ellis Cup is the trophy awarded to the winner of the men's Rugby World Cup, the premier competition in men's international rugby union. The Cup is named after William Webb Ellis, who is often credited as being the inventor of rugby footb ...
to South African captain
Francois Pienaar Jacobus Francois Pienaar (born 2 January 1967) is a retired South African rugby union player. He played flanker for South Africa (the Springboks) from 1993 until 1996, winning 29 international caps, all of them as captain. He is best known f ...
, a symbolic image of reconciliation between the races.


Mbeki presidency (1999–2008)

In 1999,
South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring coun ...
held its second non-racial elections. The governing ANC increased their majority, putting the party within one seat of the two-thirds majority that would allow it to alter the constitution.
Thabo Mbeki Thabo Mvuyelwa Mbeki KStJ (; born 18 June 1942) is a South African politician who was the second president of South Africa from 14 June 1999 to 24 September 2008, when he resigned at the request of his party, the African National Congress (ANC ...
was elected as the nation's second black president. The National Party (NP), restyled as the New National Party (NNP), lost two-thirds of its seats, as well as official
opposition Opposition may refer to: Arts and media * ''Opposition'' (Altars EP), 2011 EP by Christian metalcore band Altars * The Opposition (band), a London post-punk band * '' The Opposition with Jordan Klepper'', a late-night television series on Com ...
status to the
Democratic Party Democratic Party most often refers to: * Democratic Party (United States) Democratic Party and similar terms may also refer to: Active parties Africa * Botswana Democratic Party *Democratic Party of Equatorial Guinea * Gabonese Democratic Party * ...
(DP). The DP had traditionally functioned as a stronghold of liberal whites, and now gained new support from conservatives disenchanted with the NP, and from some middle-class blacks. Just behind the DP came the
KwaZulu-Natal KwaZulu-Natal (, also referred to as KZN and known as "the garden province") is a province of South Africa that was created in 1994 when the Zulu bantustan of KwaZulu ("Place of the Zulu" in Zulu) and Natal Province were merged. It is locat ...
Inkatha Freedom Party The Inkatha Freedom Party ( zu, IQembu leNkatha yeNkululeko, IFP) is a right-wing political party in South Africa. The party has been led by Velenkosini Hlabisa since the party's 2019 National General Conference. Mangosuthu Buthelezi founded ...
(IFP), historically the voice of Zulu nationalism. While the IFP lost some support, its leader,
Mangosuthu Buthelezi Prince Mangosuthu Gatsha Buthelezi (born 27 August 1928) is a South African politician and Zulu traditional leader who is currently a Member of Parliament and the traditional prime minister to the Zulu royal family. He was Chief Minister of t ...
, continued to exercise power as the national Home Affairs minister. While the ANC grassroots held Mbeki in far less affection than the beloved "Madiba" (Nelson Mandela), Mbeki proved himself to be a shrewd politician, maintaining his political pre-eminence by isolating or co-opting opposition parties. However, Mbeki's effective denial of the
HIV The human immunodeficiency viruses (HIV) are two species of ''Lentivirus'' (a subgroup of retrovirus) that infect humans. Over time, they cause acquired immunodeficiency syndrome (AIDS), a condition in which progressive failure of the immu ...
crisis invited global criticism, and his conspicuous failure to condemn the deteriorating situation in neighbouring
Zimbabwe Zimbabwe (), officially the Republic of Zimbabwe, is a landlocked country located in Southeast Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa to the south, Botswana to the south-west, Zambia to the north, and Moz ...
unnerved South African landowners. In June 2005, corruption allegations related to a national arms deal surfaced against the country's deputy president,
Jacob Zuma Jacob Gedleyihlekisa Zuma (; born 12 April 1942) is a South African politician who served as the fourth president of South Africa from 2009 to 2018. He is also referred to by his initials JZ and clan name Msholozi, and was a former anti-aparth ...
, after his financial advisor, Schabir Shaik, was convicted of corruption and fraud. In the aftermath of the conviction, Mbeki dismissed Zuma as deputy president. Zuma was subsequently charged with corruption in a case which was still unresolved as of 2009; in the meantime, Zuma's power base within the ANC had grown significantly. Popular support for Mbeki also suffered from the feeling that his government's economic policies had failed to generate inclusive development. The
Black Economic Empowerment Black Economic Empowerment (BEE) is a policy of the South African government which aims to facilitate broader participation in the economy by black people. A form of affirmative action, it is intended especially to redress the inequalities creat ...
programme was implemented from 2003 to redress the inequalities of the apartheid era. It was criticised as benefiting mostly a narrow stratum of previously disadvantaged groups, and the programme was re-launched in 2007 as
Broad-Based Black Economic Empowerment Black Economic Empowerment (BEE) is a policy of the South African government which aims to facilitate broader participation in the economy by black people. A form of affirmative action, it is intended especially to redress the inequalities crea ...
.
Crime in South Africa Crime in South Africa includes all violent and non-violent crimes that take place in the country of South Africa, or otherwise within its jurisdiction. When compared to other countries South Africa has notably high rates of violent crime and ...
remained a massive problem. ''
The Economist ''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Econ ...
'' reported the killing of approximately 1,500 white farmers in attacks since 1991, and in both 1995 and 1998, the country led the world in reported murders. In an effort to combat the alarming murder rates, the government published statistics showing a steady, albeit tiny decrease in the murder rate since 1994; however this varied across the country. In 2001, a South African was more likely to be murdered than die in a car crash. According to ''The Economist'', an estimated 250,000 white South Africans emigrated between 1994–2005."


Recall of Mbeki

At the
52nd National Conference of the African National Congress The 52nd National Conference of the African National Congress (ANC) was held in Polokwane, Limpopo, from 16 to 20 December 2007. At the conference, Jacob Zuma and his supporters were elected to the party's top leadership and National Executive ...
at
Polokwane Polokwane (, meaning "Sanctuary" in Northern SothoPolokwane - The Heart of the Limpopo Province ...
in December 2007, Mbeki lost the race for the presidency of the ANC to his former Deputy President,
Jacob Zuma Jacob Gedleyihlekisa Zuma (; born 12 April 1942) is a South African politician who served as the fourth president of South Africa from 2009 to 2018. He is also referred to by his initials JZ and clan name Msholozi, and was a former anti-aparth ...
. All leadership positions within the ANC went to Zuma supporters, representing a major power shift within the ruling party. The ejection of Mbeki was followed by a gradual move to the left in the country's economic policy. Zuma, then president of the ANC; and ANC candidate for President in the 2009 general election, continued to face charges of corruption relating to the multi-billion rand arms deal. However, in 2008 a landmark ruling by high court judge Chris Nicholson found that the re-charging of Zuma by the National Prosecuting Authority was illegal and was unduly influenced by Mbeki due to political motives. The case against Zuma was thus dismissed. As a consequence of the judge's findings of political interference, the ANC's National Executive Committee requested the recall of Mbeki as the country's president. Mbeki tendered his resignation on 21 September 2008. Nicholson's judgement was later overturned on appeal.


Motlanthe presidency (2008–2009)

Following Mbeki's resignation, Kgalema Motlanthe was appointed president by the South African National Assembly on 25 September 2008. The ANC made it clear that Motlanthe would be a "caretaker" president until the election on 22 April 2009, for which Jacob Zuma was the ANC's presidential candidate. Tensions within the ANC following Mbeki's departure led to a number of prominent members defecting to form a new party, the Congress of the People (COPE), under the leadership of
Mosiuoa Lekota Mosiuoa Gerard Patrick Lekota (born 13 August 1948) is a South African politician, who currently serves as the President and Leader of the Congress of the People since 16 December 2008. Previously as a member of the African National Congress, ...
,
Mbhazima Shilowa Mbhazima Samuel (Sam) Shilowa, correct Tsonga spelling "Xilowa" (born 30 April 1958) is a South African politician. A former Premier of Gauteng province while a member of the African National Congress, Shilowa left the party to help form the op ...
and Mluleki George.


Zuma presidency (2009–2018)

The ANC majority was reduced to below the two-thirds level in the 2009 general election with 65.9% of the vote, with the opposition Democratic Alliance (formerly Democratic Party) winning the province of the
Western Cape The Western Cape is a province of South Africa, situated on the south-western coast of the country. It is the fourth largest of the nine provinces with an area of , and the third most populous, with an estimated 7 million inhabitants in 202 ...
and increasing its overall share of the vote to 16.7%. COPE attained 7.4%.
Jacob Zuma Jacob Gedleyihlekisa Zuma (; born 12 April 1942) is a South African politician who served as the fourth president of South Africa from 2009 to 2018. He is also referred to by his initials JZ and clan name Msholozi, and was a former anti-aparth ...
was sworn in as president on 9 May 2009. The shift in economic policy, started with Mbeki's ejection from the presidency, continued with the appointment of
Pravin Gordhan Pravin Jamnadas Gordhan (born 12 April 1949) is a politician and anti-apartheid activist who has held various ministerial posts in the Cabinet of South Africa. He served as Minister of Finance from 2009 until 2014 and again from 2015 until 2017 ...
as Finance Minister instead of Trever Manuel. In 2010, South Africa hosted the
2010 FIFA World Cup , image = 2010 FIFA World Cup.svg , size = 200px , caption = ''Ke Nako. (Tswana and Sotho for "It's time") Celebrate Africa's Humanity'It's time. Celebrate Africa's Humanity'' (English)''Dis tyd. Vier Afrika se mensd ...
, the first time it was hosted in Africa. The 2014 general election was again won by the ANC, though its share of the vote fell to 62.1%. The Democratic Alliance (DA) increased its vote to 22.2% and confirmed its role as main opposition party. The DA got 6% of the black vote and almost 93% of the white vote, and is often described as a "white" party. It is also sometimes described as a "centre-right" party. The
Economic Freedom Fighters The Economic Freedom Fighters (EFF) is a South African left-wing to far-left pan-Africanist and Marxist–Leninist political party. It was founded by expelled former African National Congress Youth League (ANCYL) President Julius Malema, an ...
(EFF), led by former ANC youth leader
Julius Malema Julius Sello Malema (born 3 March 1981) is a South African politician and activist who is a Member of Parliament and the leader of the Economic Freedom Fighters (EFF), a left-wing party which he founded in 2013. He was formerly the President of ...
, gained 6.4% of the vote and entered parliament as the third largest party. The EFF opposes what it sees as the "pro-business" stance of both ANC and DA; it also supports land reform.


Resignation of Zuma

From 2015, Jacob Zuma was understood to favour his ex-wife,
Nkosazana Dlamini-Zuma Nkosazana Clarice Dlamini-Zuma (née Dlamini; born 27 January 1949), sometimes referred to by her initials NDZ, is a South African politician, medical doctor and former anti-apartheid activist. A longstanding member of the African National Co ...
, to succeed him both as President of the African National Congress and as President of South Africa, in order to retain his control of the ANC and the state through her, and to avoid prosecution for still pending criminal charges. In December 2017, Dlamini-Zuma was defeated by
Cyril Ramaphosa Matamela Cyril Ramaphosa (born 17 November 1952) is a South African businessman and politician who is currently serving as the fifth democratically elected president of South Africa. Formerly an anti-apartheid activist, trade union leader, and ...
in the election for the ANC Presidency at the ANC Conference at Nasrec, Johannesburg. Following the end of Zuma's term as ANC President, pressure grew for Zuma to be replaced as President of South Africa. The annual State of the Nation Address scheduled for 8 February was postponed indefinitely 2 days beforehand. After a week of discussions within ANC structures and between Ramaphosa and Zuma, the ANC announced on 13 February that Zuma had been requested to resign, but had refused, and that the ANC was therefore "recalling" him from the Presidency. Facing a motion of no confidence in Parliament scheduled for 15 February, Jacob Zuma announced his resignation with immediate effect in a late night address on 14 February.


Ramaphosa presidency (2018–present)

Following Zuma's resignation, Acting President
Cyril Ramaphosa Matamela Cyril Ramaphosa (born 17 November 1952) is a South African businessman and politician who is currently serving as the fifth democratically elected president of South Africa. Formerly an anti-apartheid activist, trade union leader, and ...
of the ruling
African National Congress The African National Congress (ANC) is a social-democratic political party in South Africa. A liberation movement known for its opposition to apartheid, it has governed the country since 1994, when the first post-apartheid election install ...
was elected unopposed as
President of South Africa The president of South Africa is the head of state and head of government of the Republic of South Africa. The president heads the executive branch of the Government of South Africa and is the commander-in-chief of the South African Nati ...
by the National Assembly on 15 February 2018. In February 2018, the
Parliament of South Africa The Parliament of the Republic of South Africa is South Africa's legislature; under the present Constitution of South Africa, the bicameral Parliament comprises a National Assembly and a National Council of Provinces. The current twenty-se ...
passed a motion to review the property ownership clause of the constitution, to allow for the expropriation of land, in the public interest, without compensation. In August 2018, the South African government began the process of taking two privately owned farms by filing papers seeking to acquire the farms via
eminent domain Eminent domain (United States, Philippines), land acquisition (India, Malaysia, Singapore), compulsory purchase/acquisition (Australia, New Zealand, Ireland, United Kingdom), resumption (Hong Kong, Uganda), resumption/compulsory acquisition (Austr ...
for one-tenth of the price that the owner wants, (which in one case is based on possible value when the farm is developed into an eco-estate). According to a 2017 government audit, 72 percent of the nation's private farmland is owned by white people, who make up 9 percent of the population. In May 2019, South Africa's African National Congress (ANC) won the parliamentary
election An election is a formal group decision-making process by which a population chooses an individual or multiple individuals to hold public office. Elections have been the usual mechanism by which modern representative democracy has oper ...
, but with a reduced majority. The ANC, led by President Ramaphosa, held its outright majority with 58% of the vote, being the worst performance of ANC in any national election. The main opposition party, the Democratic Alliance (DA) got 21% of the vote and the radical
Economic Freedom Fighters The Economic Freedom Fighters (EFF) is a South African left-wing to far-left pan-Africanist and Marxist–Leninist political party. It was founded by expelled former African National Congress Youth League (ANCYL) President Julius Malema, an ...
(EFF), led by
Julius Malema Julius Sello Malema (born 3 March 1981) is a South African politician and activist who is a Member of Parliament and the leader of the Economic Freedom Fighters (EFF), a left-wing party which he founded in 2013. He was formerly the President of ...
, came third with 11%.


Emigration, debt burden and poverty

The immediate post-apartheid period was marked by an exodus of skilled white South Africans, who left due to safety concerns. The
South African Institute of Race Relations Established in 1929,http://www.sairr.org.za/profile/ the South African Institute of Race Relations (SAIRR) is a research and policy organisation in South Africa. The institute is "one of the oldest liberal institutions in the country". The in ...
estimated in 2008 that 800,000 or more white people had emigrated overseas since 1995, out of the approximately 4,000,000 who were in South Africa when apartheid formally ended the year before. Large white South African diasporas, both English- and Afrikaans-speaking, sprouted in Australia, New Zealand, North America, and especially in the United Kingdom to which around 550,000 South Africans emigrated. The apartheid government had declared a moratorium on foreign debt repayments in the mid-1980s when it declared a state of emergency in the face of escalating civil unrest. With the formal end of apartheid in 1994, the newly elected ANC government was saddled with an onerous foreign debt amounting to 86,700,000,000 rands ($14,000,000,000 at then current exchange rates) accrued by the former apartheid regime. The cash-strapped government was obliged to repay this debt, or else face a credit downgrading by foreign financial institutions. The debt was finally settled in September 2001. A further financial burden was imposed on the new post-apartheid government through its obligation to provide
antiretroviral The management of HIV/AIDS normally includes the use of multiple antiretroviral drugs as a strategy to control HIV infection. There are several classes of antiretroviral agents that act on different stages of the HIV life-cycle. The use of multip ...
(ARV) treatment to impoverished victims of the HIV-AIDS epidemic sweeping the country. South Africa had the highest prevalence of HIV-AIDS compared to any other country in the world, with 5,600,000 people afflicted by the disease and 270,000 HIV-related deaths were recorded in 2011. By that time, more than 2,000,000 children were orphaned due to the epidemic. The provision of ARV treatment resulted in 100,000 fewer AIDS-related deaths in 2011, than in 2005. Migrant labour remained a fundamental aspect of the South African mining industry, which employed half a million, mostly black miners. Labour unrest in the industry resulted in a massacre which took place in mid-August 2012, during which; anti-riot police shot dead 34 striking miners and wounded many more in what is now known as the Marikana massacre. The migrant labour system was identified as a primary cause of the unrest. Multinational mining corporations including Anglo-American Corporation,
Lonmin Lonmin plc, formerly Lonrho plc, was a British producer of platinum group metals operating in the Bushveld Complex of South Africa. It was listed on the London Stock Exchange. Its registered office was in London, and its operational headquarter ...
, and Anglo Platinum, were accused of failing to address the enduring legacies of apartheid. By 2014, around 47% of mostly black South Africans continued to live in poverty, making it one of the most unequal countries in the world. Widespread dissatisfaction with the slow pace of socio-economic transformation, government incompetence and maladministration, and other public grievances in the post-apartheid era, precipitated many violent protest demonstrations. In 2007, less than half the protests were associated with some form of violence, compared with 2014 when almost 80% of protests involved violence on the part of the participants or the authorities. The slow pace of transformation also fomented tensions within the tripartite alliance between the ANC, the South African Communist Party and the Congress of South African Trade Unions. The ANC had risen to power on the strength of a socialist agenda embodied in a Freedom Charter, which was intended to form the basis of ANC social, economic and political policies. The Charter decreed that "the national wealth of our country, the heritage of South Africans, shall be restored to the people; the mineral wealth beneath the soil, the banks and monopoly industry shall be transferred to the ownership of the people". ANC icon
Nelson Mandela Nelson Rolihlahla Mandela (; ; 18 July 1918 – 5 December 2013) was a South African anti-apartheid activist who served as the first president of South Africa from 1994 to 1999. He was the country's first black head of state and the ...
, asserted in a statement released on 25 January 1990: "The nationalisation of the mines, banks and monopoly industries is the policy of the ANC, and a change or modification of our views in this regard is inconceivable." But, after the ANC's electoral victory in 1994, the eradication of mass poverty through nationalisation was never implemented. The ANC-led government, in a historic reversal of policy, adopted
neoliberalism Neoliberalism (also neo-liberalism) is a term used to signify the late 20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent ...
instead. A wealth tax on the super-rich to fund developmental projects was set aside, while domestic and international corporations, enriched by apartheid, were excused from any financial reparations. Large corporations were allowed to shift their main listings abroad. According to a leading South African economics expert, the government's concessions to big business represented "treacherous decisions that illhaunt South Africa for generations to come".Solomon Johannes Terreblanche, ''Lost in Transformation'', Johannesburg: KMM Review Publishing, 2012, , quoted in Ronnie Kasrils
"How the ANC's Faustian pact sold out South Africa's poorest"
''The Guardian'' 24 June 2013. Accessed 26 October 2015.


References


Further reading

* - Charts showing statistics on poverty, access to utilities, unemployment, women in management, crime, xenophobic attacks, languages. {{DEFAULTSORT:History Of South Africa (1994-present)
1994 File:1994 Events Collage.png, From left, clockwise: The 1994 Winter Olympics are held in Lillehammer, Norway; The Kaiser Permanente building after the 1994 Northridge earthquake; A model of the MS Estonia, which sank in the Baltic Sea; Nelson ...
1990s in South Africa 2000s in South Africa 2010s in South Africa
South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring coun ...
1994 File:1994 Events Collage.png, From left, clockwise: The 1994 Winter Olympics are held in Lillehammer, Norway; The Kaiser Permanente building after the 1994 Northridge earthquake; A model of the MS Estonia, which sank in the Baltic Sea; Nelson ...
2000 File:2000 Events Collage.png, From left, clockwise: Protests against Bush v. Gore after the 2000 United States presidential election; Heads of state meet for the Millennium Summit; The International Space Station in its infant form as seen fro ...