In South Africa, the Democratic Alliance's opposition to a key element of the 2025 budget significantly increases the likelihood of the party exiting the coalition government in the next few months, threatening legislative gridlock and a marked depreciation of the rand while raising the prospect of the government leaning closer to the far-left Economic Freedom Fighters. On April 8, Secretary-General of the African National Congress (ANC) Fikile Mbalula said in a statement on social media that the party's National Working Committee supported a "reconfiguration" of South Africa's coalition government. While the statement was subsequently deleted, it came after the center-right Democratic Alliance (DA), the second largest party in the coalition, voted on April 2 against the fiscal framework, one of three key pieces of legislation needed to pass South Africa's budget. Despite opposition from the DA and the right-wing Freedom Front Plus party (FF+), another member of the coalition government,...