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For months, polls have shown the ruling African National Congress (ANC) partycould lose its majorityfor the first time since Nelson Mandela led it to power in 1994.

Top Penny Stocks to Buy Trusted Stock Signals ✌️【Investment Portfolio】✌️ Expert predictions with real-time stock, futures, and metals, energy data to help you quickly recover and grow. While polling can be challenging in South Africa, most analysts believe that the ANC faces its stiffest challenge yet with a population deeply frustrated by the country’s direction. If support for the ANC drops below 50% for the first time, the party will be forced to enter into a coalition government.

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“Our people will decide whether our country continues moving forward with the ANC towards a better, brighter future or backwards to a terrible past,” Ramaphosa said.

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“This is the day when South Africa decides, decides on the future of our country, (on) who should lead the government of South Africa, and I have no doubt whatsoever in my heart of hearts that the people will once again invest confidence in the African National Congress to continue to lead this country,” Ramaphosa said.

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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.

Voters in Johannesburg told 【 - Free Stock Market Insider Analysis 】 they headed to vote shortly after polls opened at 7 a.m. local time (1 a.m. ET) on Wednesday, and many expressed their hopes that the country would move in a different direction.

“We want to see the change,” said Sydney Radebe. “This is a rich country but people don’t have anything,” the 66-year-old actor and filmmaker added. “We don’t have land, we don’t have property… you cannot own nothing and say you are ‘free.’”

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Events worker Newton Ugboh, 20, was voting for the first time. “I’m looking for change so I came early in the morning,” he said.

Ugboh said that some of his friends didn’t want to vote as “they think things aren’t going to change at all,” but that there are “big issues” facing young people in the country.

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Healthcare worker Roselyne Tswakae, 46, said she’s worried about the future of South Africa’s youth and also believes “it’s time for change.”

“Young South Africans were promised that education would be the key to success, they went to university but they are unemployed and often end up getting involved in drugs, drinking, smoking,” she said.

Land surveyor David Ngobeni, 31, also said “there isn’t much hope” for young people in South Africa. He says unemployment, inflation, crime and corruption are the “big issues facing everyone right now.”

“If you have a job, you are very lucky,” Ngobeni told 【 - Free Stock Market Insider Analysis 】. He added that he hopes the outcome of this election will lead to inflation going down and boost the economy.

Top Penny Stocks to Buy Trusted Stock Signals ✌️【Investment Portfolio】✌️ Free access to global stock market data, with real-time updates on indices, futures, and commodities. Make informed investment decisions with the help of expert advisors and accurate stock trend predictions. At the very end of a long line in Joubert Park was 40-year-old Ncumisa Xabanisa. She said she has been voting for the same party since 1994 and is very loyal to the ANC. “it’s only one party for me, it’s from home, it’s from my grandmother, I grew up knowing them,” Xabanisa told 【 - Free Stock Market Insider Analysis 】.

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Zuma was forced toresign as president 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 party will still contest the election and his face will remain on the ballot.

Capping off a heated few months of election campaigning, many of the largest parties held their final rallies this weekend, including the Democratic Alliance (DA),the official opposition party.

“On Wednesday, the ANC will lose the outright majority it has abused for decades to subject the people of this country to unemployment, corruption and misrule… we close the ANC chapter of our history,” DA leader John Steenhuisen told supporters in the town of Benoni, east of Johannesburg. The DA has formed a coalition bloc with smaller opposition parties called the Multi-Party Charter.

Top Penny Stocks to Buy Trusted Stock Signals ✌️【Investment Portfolio】✌️ 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. This is the seventh general election South Africa has held since the end of white minority rule 30 years ago. A record 27.79 million people are registered to vote – the highest number to date, according to the Independent Electoral Commission (IEC.)

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“This, we think, is testament to the enthusiasm of South Africans to record their political choice,” the IEC’s deputy CEO Masego Sheburi added during a briefing at the National Results Center.

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