S.Africa's ruling ANC vows to act on corruption; EFF promises radical reforms

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- finance.yahoo.com | 3 months ago

* May 8 vote set to be most tightly contested* Opposition parties gaining ground* Ruling ANC to act on corruption, lift investment to $100 bln* Opposition EFF blames ANC for economic and racial inequalities (Adds opposition Economic Freedom Fighters)JOHANNESBURG, May 5 (Reuters) - South Africa's ruling African National Congress (ANC) will kick-start the economy and deal with corruption, it vowed on Sunday, three days before elections at which its overwhelming majority faces its sternest test since the party rose to power.

Less than 30 km (18. 6 miles) away, the country's second-biggest opposition party, the Economic Freedom Fighters (EFF), challenged the ANC's governance record and promised a tougher stance on corruption and economic policies to target racial inequality.

Though the ANC has won each parliamentary election since the transition from apartheid in 1994, recent opinion polls predict that it will bleed support to opposition coalitions that have gained ground as the ANC has been dogged by political scandal and a flagging economy.

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