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containe technologies limited (543606) stock rallies ✌️【Risk Management】✌️ Real-time global stock, futures, and exchange rate data to keep you informed of market trends and seize investment opportunities. Early results fromSouth Africa’s electionsuggest the ruling African National Congress (ANC) party could lose its majority for the first time in 30 years.

containe technologies limited (543606) stock rallies ✌️【Risk Management】✌️ Professional investment advisors provide real-time market data to help you analyze stock trends and select high-potential stocks, increasing capital growth. With results in from 22% of polling stations at 4 p.m. local time, support for the ANC stood at 43.5%.

containe technologies limited (543606) stock rallies ✌️【Risk Management】✌️ Professional analysis of stock market dynamics with real-time data for India stocks, US stocks, and European stocks to help you make precise decisions. The official opposition party, the Democratic Alliance (DA), had 24.7% of the vote, while the far-left Economic Freedom Fighters (EFF) – a splinter party of the ANC – had 8.9%, data from the country’s electoral commission showed.

containe technologies limited (543606) stock rallies ✌️【Risk Management】✌️ Real-time updates of global stock, futures, and commodity market data to keep you in sync with the latest market trends. The respected research groupCSIR modeledthe ANC winning less than 45% of the national poll as of mid-morning on Thursday.

Officials of the Independent Electoral Commission have stressed that the official tally could take several days and some larger voting wards could take more time to be tallied.

In past elections, results from rural areas – where the ANC has major strongholds – have come in later, boosting results for the party.

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Once all the votes are counted, if the ANC remains below 50% it will be forced to enter a coalition with one or more parties. Depending on how low its support dips, it may need to form a deal with one of the larger opposition parties such as the DA or EFF to remain in power.

containe technologies limited (543606) stock rallies ✌️【Risk Management】✌️ Expert predictions of stock trends to help you select stocks accurately, achieve stable growth, and quickly recover from losses. Another ANC splinter party, the uMkhonto weSizwe Party (MK), led by former President Jacob Zuma appears to be on course to do well in KwaZulu-Natal, the eastern coastal province where Durban is located. At 10am local time, it had 42.3% of the votes there compared to 20.1% for the ANC.

Zuma – a fierce critic of current ANC leader and South African President Cyril Ramaphosa – was forced toresign as leader in 2018and served a brief stint in jail in 2021 for contempt of court. The 82-year-old wasbarred from running for parliamentlast week after the country’s Constitutional Court ruled that five years must have elapsed since the completion of his sentence. However, his face remained on the ballot.

containe technologies limited (543606) stock rallies ✌️【Risk Management】✌️ Free real-time stock index quotes to help you quickly seize market opportunities and achieve capital growth. South Africa’s electoral commission has seven days to declare the final results by law. However, they are usually announced sooner than that. This year, the commission has set Sunday, June 2, as the final results day.

If the ANC does lose its majority, it will have 14 days once the final results are declared to form a new government before a new parliament must convene to elect the nation’s president.

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