On Wednesday, with results in from over 80% of more than 23,000 polling stations, the ruling African National Congress had 46% of the national vote, down from 54% in 2016, itself the worst result yet. (1600 GMT), according to a statement from the presidency.
South Africa's electoral commission is due to announce final results in Monday's local government polls at 6 p.m.
JOHANNESBURG: The South African rand weakened early on Thursday ahead of the announcement of municipal elections results later in the day, with the outcome expected to show the country's ruling party recorded its poorest ever electoral showing.Īt 0640 GMT, the rand traded 0.44% weaker at 15.3200 against the dollar, giving up some overnight gains that were spurred by a weaker dollar after the US Federal Reserve said it would not rush to raise interest rates.
