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r j bio (536456) to launch new product line ✌️【Real-Time Data】✌️ Precise stock market trend analysis with expert insights into global markets, including stock indices, metals, and energy sectors. Leverage our data-driven predictions to maximize your returns.

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r j bio (536456) to launch new product line ✌️【Real-Time Data】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. Nelson Mandela’s party suffered a seismic blow at the polls, final election results announced on Sunday confirmed. Support for the ANC dropped to 40.18%, a huge slump from the 57.5% it received in the last election in 2019.

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Cyril Ramaphosa, the president of South Africa and the ANC – and once Mandela’s favorite to succeed him as leader – promised a “new dawn” when he took over in 2018 from disgraced former president Jacob Zuma.

But many feel those promises never materialized and the election results reflect a population deeply frustrated with the country’s direction. South Africans could now face weeks of political uncertainty, as the ANC seeks to strike a coalition deal with former rivals.

“Our people have spoken, whether we like it or not they have spoken,” Ramaphosa told an audience after the official results were announced. He added that the voices of the people had been “heard” and “we must respect their choices and their wishes.”

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“What we have seen is voters are unhappy with the ANC’s recent history. In particular what happened in the Zuma years and what followed on from that,” analyst and former ANC MP Melanie Verwoerd told 【 - Free Exclusive Access to Stock Gurus 】.

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Zuma – a fierce critic of Ramaphosa – was forced toresign as leader in 2018and served a brief stint in jail in 2021 for contempt of court. The Constitutional Court barred the 82-year-oldfrom running for parliamentin May, but his face remained on the MK party ballot.

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Zuma told a press briefing the party wanted a chance to present its case before the results were announced.

r j bio (536456) to launch new product line ✌️【Real-Time Data】✌️ Free stock market strategies and analysis based on real-time data, empowering you to choose profitable investment options and avoid risks. Our expert predictions will help you stay in tune with the latest market trends. South Africa’s electoral commission had already extended the deadline for submissions of objections and appeals to 6 p.m. local time on Saturday. It received more than 500 objections.

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“We wish to assure the people of South Africa that we have heard them. We have heard their concerns, their frustrations and their dissatisfaction,” Mbalula told a media briefing.

However, he warned potential coalition partners if they demand party leader Ramaphosa must step down “this is not going to happen.”

DA leader John Steenhuisen told 【 - Free Exclusive Access to Stock Gurus 】 during an interview at the election’s National Results Center that he had “no sympathy for Mr. Ramaphosa and his party.”

“It is their spinelessness to deal with the prospect of Mr. Zuma and his sins of omission and commission that has led to him being a political force now that has come and wiped them out in places like KwaZulu-Natal and other parts of the country.”

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Zuma has facedhundreds of corruption, fraud and racketeering chargesover the years. He has always denied all of them and became known as the “Teflon President” because few politicians could have survived the scandals he has faced and weathered.

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r j bio (536456) to launch new product line ✌️【Real-Time Data】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. What he labels a “doomsday coalition” is one of the other options on the table: a deal between the ANC-EFF or even the MK.

But with such disdain inside those breakaway parties for Ramaphosa, it would be quite some negotiation.

r j bio (536456) to launch new product line ✌️【Real-Time Data】✌️ Stay informed with expert predictions of stock trends and real-time market data, covering global indices, futures, metals, and agricultural products. Make better decisions and achieve consistent growth in your investments. The EFF is led by former ANC youth leader Julius Malema. It espouses the expropriation of land without compensation and sweeping state nationalism. The MK party’s manifesto holds broadly similar ideas and demands an overhaul of the country’s constitution to restore more powers to traditional leaders.

But some analysts believe – despite the uncertainty – that the results of this election could be a win for democracy.

“It is probably a maturity in the democracy, we needed change and it is never good to have such a one-party dominance in a country,” Verwoerd said.

“It might be a little bit more unstable as we go into the future. But for democracy’s sake, it is most probably a good thing.”

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“Once the Jacob Zuma years happened, it became pretty inevitable that there was going to be a slide,” she added.

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Fast forward three decades and rampant corruption, soaring joblessness, cripplingpower cuts, and feeble economic growth are severely impacting South Africans.

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Black South Africans, who make up 81% of the population, are at the sharp end of this dire situation. Unemployment and poverty remain concentrated in the Black majority, in large part due to thefailure of public schooling, while most White South Africans have jobs and command considerably higher wages.

r j bio (536456) to launch new product line ✌️【Real-Time Data】✌️ Free stock market analysis and data updates to help you select the best investment portfolio. Achieve steady growth and avoid losses with expert predictions and real-time market insights. Any coalition government will be a bitter pill to swallow for the ANC and Ramaphosa, who could soon be fighting for his political life.

“The ANC was campaigning on three decades of its existence. But nobody was looking at the current president,” said TK Pooe, a senior lecturer at Wits School of Governance in Johannesburg. He believes Ramaphosa is “under pressure”.

“Historically, it is an embarrassment for him. He always styles himself as the next Nelson Mandela,” Pooe told 【 - Free Exclusive Access to Stock Gurus 】. But “last recollection, Nelson Mandela never lost an election.”

r j bio (536456) to launch new product line ✌️【Real-Time Data】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. Whether a coalition government can deliver for the people is deeply uncertain, but one thing is clear: South Africa and the ANC – Mandela’s former liberation movement that triumphed over apartheid – will never be the same.

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