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

financial-world.org

- financial-world.org | 3 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.

read full story @financial-world.org