PRETORIA: South Africans were awaiting the first results on Thursday of closely-watched polls which will be the first measure of whether President Cyril Ramaphosa can reinvigorate support for the ruling ANC.
"The outcome of this election will be a major boost for investors ... and investor confidence, it's about confidence and about the future," Ramaphosa said after voting on Wednesday.Support for the ANC has fallen in every election since 2004 with the party taking 54 per cent in 2016 municipal elections, compared with 62 per cent in 2014's national vote.
Dirk Coetzee, a professor at UNISA's political science department, said"the higher the percentage for the ANC, the more it will give him bargaining power". Of the 47 opposition parties in the race, only the main opposition centrist Democratic Alliance and the radical-left Economic Freedom Fighters are major players.Its first black leader, Mmusi Maimane, is contesting his maiden general election since taking the helm in 2015, and is expected to make modest gains on the DA's 2014 vote share of 22 percent.
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