South Africa Coalition at Risk After Parliament Backs Budget Law

John SteenhuisenPhotographer: Stefan Wermuth/Bloomberg

South Africa’s parliament approved a key piece of budget legislation despite objections from the second-biggest party in the coalition government, raising the risk of the alliance unraveling.

The National Assembly approved the fiscal framework, which establishes economic policy, revenue projections and limits on government spending, by 194 votes to 182 at a sitting in Cape Town on Wednesday.