Early results in South Africa’s election show ANC losing majority

Story updated:The African National Congress appeared on course to lose the parliamentary majority it has held for 30 years, partial results from South Africa’s national election showed, in what would be the most dramatic political shift since the end of apartheid.

If the final resultsconfirm the loss of its majority, the ANCwillbe forced to make a deal with one or moreother partiesto govern – a situation that could lead to unprecedented political volatility in the coming weeks or months.

“There will be checks and balances on the ANC power, but the ultimate risk is that the infighting could make governance ineffective,” said Simon Harvey, head of foreign exchange analysis at Monex Europe.

With results in from 16.7 percent of polling stations, the ANC’s share of the vote in Wednesday’s election stood at 42.5 percent, with the pro-business Democratic Alliance (DA on 25.8 percent,data from the electoral commission showed on Thursday.

The Marxist Economic Freedom Fighters (EFF on 8.5 percent,while uMkhonto we Sizwe (MK, a new party led by former presidentJacob Zuma, was snapping at its heels on eight percent.

“I don’t think it’s likely for the ANC to reach a majority,” said pollster Reza Omar of Citizen Surveys, noting that while the picture would evolve, it was unlikely to change to that extent.

South African broadcaster eNCA projected that the ANC’s final score would land on the 45 percent mark while the DA would remain the largest opposition party on 21 percent.

“The ANC looks forward to a clear mandate from voters to continue the work of transforming South Africa and building a better life for all,” the party said in a statement.

Tessa Dooms, director of the Rivonia Circle think-tank in Johannesburg, said the early results were skewed towards rural areas where she would have expected the ANC to be performing more strongly than it was.

“The rural vote comes in early and it’s always much smaller. The urban vote comes in quite late. I think this election will be a lot more contested in the urban areas,” she told Reuters at the results centre in Midrand, north of Johannesburg.

Under South Africa’s constitution, the newly elected National Assembly will elect the next president.

With the ANC still on course to be the largest party, its leader Cyril Ramaphosa is likely to remain as the country’s president.

Unchartered territory

However,a poor showing could make him vulnerable to a leadership challenge from within party ranks, whether in the immediate future or at some point during his term.

With South Africa entering uncharted political territory, Harvey saidthe speed at which a coalition could be formed would be an indication of what was to come.

“If it is protracted, you may start to worry about a political gridlock going forward,” he said.

The uncertainty weighed on South African markets.

The rand slipped more than one percent against the USdollar to hit its weakest level in four weeks while the wider equity index.JTOPIdropped more than two percent in its worst day in six weeks.The country’s international bonds lost as much as onecent in the dollar.

The ANC has won national elections held every five years since the landmark 1994 election, which marked the end of apartheid and the ascent of Nelson Mandela as president.

But since those heady days the ANC’s support has declined because of disillusionment overissuessuch ashigh unemployment and crime, frequent power blackouts and corruption.

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In the previous election in 2019, the ANC won 57.5 percent of the vote, with 20.8 percent for the DA and 10.8 percentfor the EFF, on a turnout of 66 percent of registered voters, which the commission has already said is likely to be higher this time.

At provincial level, the early results showed the ANC on 35.7 percent, the DA on 29.6 percent and the EFF on 10.8 percent in the key province of Gauteng, which includes the country’s business capital Johannesburg and the sprawling townships of Soweto and Alexandra.

Zuma factor

In KwaZulu-Natal, a populous eastern province where the major city of Durban is located,Zuma’sMK was performing strongly, with 43.ntof the vote versus 21.7 percent for the ANC.KwaZulu-Natal is his home province and he is popular there.

Zuma was forced to quit as president in 2018 after a string of scandals and has since fallen out with the ANC leadership, leading him to throw his weight behind MK. The party, named after the ANC’s armed wing from the apartheid era, appeared to be costing both the ANC and the EFF votes.

“MK is going to be a real player. That it tracks close to the EFF is significant because they are going after the same voters,” said Dooms.

By law, the electoral commission has seven days to declare full results, but in practice it is usually faster than that. In the last election, in 2019, voting took place on a Wednesday like this year and final results came on the Saturday.

The new parliament must convene within 14 days of final results being declared and its first act must be to elect the nation’s president.

This means that if the ANC is confirmed to have lost its majority there could be two weeks of intense and complex negotiations to agree on how to form a new government.