President Cyril Ramaphosa praised South Africa’s government of national unity (GNU) for economic improvements in his new year’s address, while neighboring Mozambique faces political turmoil following Frelimo’s contested election victory.

South Africa has achieved its first primary budget surplus in 15 years, with rising public sector investment and improved business confidence, Ramaphosa said. The country has experienced nearly 300 days without load-shedding under the new electricity ministry.

“Through the partnership between government and business, we are making real progress in removing obstacles to faster growth and job creation,” Ramaphosa said in his address.

The president highlighted reduced inflation rates and increased infrastructure investment in roads, rail, housing, energy, and water services. International investor sentiment has improved, with more companies seeking to expand operations in South Africa.

Ramaphosa addressed international concerns, particularly emphasizing South Africa’s position on the Gaza conflict. “We continue to stand in solidarity with the victims of injustice. We have stood firm in our support for the struggle of the people of Palestine,” he stated.

The administration reported progress in combating organized crime through operations Shanela and Vala Umgodi, targeting illegal mining and construction site extortion. However, gender-based violence remains a priority concern.

Looking ahead, Ramaphosa announced plans for a National Dialogue to develop a unified vision for the country. South Africa will host its first G20 summit in 2025, focusing on solidarity, equality, and sustainable development.