South African rand holds forth, as ANC heads for re-election

- | 9 months ago

According to the electoral commission’s website data last updated on Saturday (May 11th), the ANC had been holding a commanding lead over results of 94 percent of voting districts officially published so far, while the ANC had secured 57.

7 percent of the vote with its main opposition, DA (Democratic Alliance) had been residing at 20. 6 percent and its much-smaller opposition, leftist EFF (Economic Freedom Fighters) was at 10. On Friday’s market closure, the South African rand had rounded off the day 1.

30 percent higher at 14.

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