Political twist, Democratic Alliance (DA) leader John Steenhuisen has dropped a bombshell that’s sending shockwaves through South Africa’s political and economic circles. A letter, allegedly from high-level business leaders, warns of a coordinated push to exclude the DA from government — a move that, according to Steenhuisen, has already triggered a R1 trillion wipeout on the Johannesburg Stock Exchange (JSE).
This letter, recently received by the DA, paints a grim picture of investor anxiety and business uncertainty if the ruling African National Congress (ANC) succeeds in sidelining the DA from future governance. Steenhuisen didn’t mince words, calling the economic fallout “a direct result of political games threatening the country’s future.”
“The business community is terrified of what could happen if the DA is pushed out,” Steenhuisen revealed. “This isn’t political theatre. It’s about real-world consequences — jobs lost, confidence shattered, and livelihoods at risk.”
According to Steenhuisen, the R1 trillion market loss is just the tip of the iceberg. The letter, which he describes as a wake-up call, underscores how fragile South Africa’s economic stability really is — and how deeply intertwined it is with political decisions.
VIDEO
[WATCH] Steenhuisen says the party has received a letter from business, which is concerned about potential exclusion of the DA from government, which he says wiped off over R1 trillion from the JSE.#Newzroom405 pic.twitter.com/CkKGvFScPN
— Newzroom Afrika (@Newzroom405) April 5, 2025
He emphasized that the DA brings more than opposition rhetoric — it brings credibility. “Removing the DA from the equation sends the wrong message to investors. It tells the world that good governance is optional, and chaos is acceptable.”
The letter reportedly outlines a scenario where business leaders fear unchecked ANC dominance could lead to deteriorating market confidence and long-term financial instability. Steenhuisen insists that these concerns are not just from boardrooms — they reflect a broader fear among South Africans watching their economic prospects erode.
“This isn’t about party politics,” he said. “It’s about ensuring that South Africa has a future. Excluding the DA means risking more than votes — it means risking growth, investment, and hope.”
Using this explosive revelation as a rallying cry, Steenhuisen doubled down on the DA’s commitment to pro-growth, pro-jobs policies. He argued that without a strong, credible opposition in government, South Africa risks falling deeper into economic turmoil.
As the fallout continues, Steenhuisen’s message is clear: political decisions are no longer just political — they’re economic lifelines. And with R1 trillion already gone, the cost of ignoring this warning may be far higher than anyone imagined.
