South Africa in Uncharted Waters With ANC Set to Share Power | South Africa Reports
South Africa in Uncharted Waters With ANC Set to Share Power
South Africa’s ruling party looks set to fall short of securing a parliamentary majority for the first time since surging to power at the end of apartheid three decades ago, ushering in a period of uncertainty with a coalition partner needed to retain control.
The African National Congress is on course to win 42% of the votes cast in Wednesday’s national election, according to projections based on early results. That would be a massive 15.5 percentage point drop from the last vote five years ago.
If the state-owned Council for Scientific and Industrial Research’s modeling proves accurate, the ANC will probably need to team up with one of its biggest rivals to cross the 50% threshold, with its market-friendly main opposition the Democratic Alliance one of the chief options. The ANC could also join forces with one of two populist parties, who back the nationalization of mines and banks, unnerving financial markets concerned about the likely hit to investment.
● Detailing attacks on whites in South Africa. ● Historical context posts. ● Squatter camp updates. ● Demographic info. ● Land Expropriation updates & more. Part of @ChannelCollection...
