Reported 4 months ago
South Africa's ruling African National Congress (ANC) is projected to win 41.8% of votes in the recent election, falling short of a parliamentary majority for the first time in three decades. This outcome could force the ANC to form alliances with rivals like the Democratic Alliance or populist parties, impacting the country's politics and economic orientation over the next five years. The uncertainty has led to economic repercussions, with the rand and stocks experiencing fluctuations. The results reflect widespread discontent over economic challenges and government services, testing the ANC's leadership and potentially leading to coalition negotiations.
Source: YAHOO