Flag of South Africa (1928–1994) national flag, despite attempts by officials to stop them. In 1994 the State Herald of South Africa, Fred Brownell, was approached to design a new national flag for South Africa to replace the flag in time for the first elections after apartheid. He designed the new flag of South Africa with a combination of the old flag and the colours of the ANC flag. The new flag design was approved personally by both de Klerk and Mandela before being unanimously approved by the Transitional Executive Council on 15 March 1994. De Klerk made the public proclamation of the replacement of
History of South Africa (1994–present) policy, adopted neoliberalism 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 [will] haunt South Africa for generations to come". History of South Africa (1994–present) South Africa since 1994 transitioned from the system of apartheid to one of majority rule. The election of 1994 resulted in a change in government with the African