Zuma Party Could End ANC Dominance of South Africa, SRF Says [BNN Bloomberg (Canada)]
STANDARD BANK GRP SP/ADR (SGBLY)
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Source: BNN Bloomberg
has ruled the country since the end of apartheid, the Social Research Foundation said. Polling by the foundation suggests the new party could pick up 24% of the vote in Zuma's home province of KwaZulu-Natal, South Africa's second most populous. South Africa is due to hold national and provincial elections this year but a date hasn't been set. Zuma's party is expected to draw support from former ANC voters. Garnering that level of support in the province would slash the ANC's national tally by about five percentage points, reducing its share to just over 40% or even below that, Frans Cronje, chairman of the SRF, said in comments sent to Bloomberg. That's below the 45% of the national vote an earlier SRF survey predicted. “These numbers are likely a game changer,” Cronje said. “The ANC house is now on fire and whereas a few weeks ago the most plausible political scenario for South Africa was a steady decline of that party, leading first to a national coalition with smaller partner
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