Reported 4 months ago
South Africans are participating in a highly unpredictable election, with the ruling African National Congress facing the possibility of losing its parliamentary majority for the first time since 1994. Widespread dissatisfaction over issues like high unemployment and crime rates has contributed to the uncertainty. Analysts predict the ANC may still secure over 45% of the vote, allowing it to form alliances to retain power. Financial markets are optimistic that economic policies will remain stable, with the rand strengthening. President Cyril Ramaphosa's popularity is seen as a key factor in the ANC's campaign, while opposition parties like the Democratic Alliance and the Economic Freedom Fighters are also vying for support. The elections are being closely watched for potential impacts on stability and economic policy in South Africa.
Source: YAHOO