Election Watch

South Africa

​John Steenhuisen leader of South Africa's biggest opposition party, the Democratic Alliance, with Alan Winde, their candidate for Premier in the Western Cape, greets supporters at the political party's Western Cape election manifesto launch in Paarl, Western Cape, South Africa, April 6, 2024.
John Steenhuisen leader of South Africa's biggest opposition party, the Democratic Alliance, with Alan Winde, their candidate for Premier in the Western Cape, greets supporters at the political party's Western Cape election manifesto launch in Paarl, Western Cape, South Africa, April 6, 2024.
REUTERS/Esa Alexander

South Africa’s President Cyril Ramaphosa announced that his country will hold a general election on May 29. Ramaphosa’s party, the African National Congress, is at risk of losing its parliamentary majority after ruling since post-Apartheid elections began in 1994.

The election will be a referendum on the ANC, which has been mired in controversy over record levels of crime, slow economic growth, unemployment, and rolling blackouts. Alongside the election announcement, the ANC bumped up social benefits in an attempt to raise polling numbers.

The ANC’s biggest rival, the Democratic Alliance, is trying to build a coalition of smaller parties to break the ANC's majority. The third biggest party, Economic Freedom Fighters, is not considering joining the opposition coalition and is eating into ANC’s support following its promise to double social benefits if elected.

Right now, opinion polls show ANC approval ratings below 50%. If this translates into votes, it will mean the ANC will have to form the country’s first-ever coalition government to keep Ramaphosa — a political protege of Mandela — as president for a second and final five-year term.

More For You

Mastercard Economic Institute's Outlook 2026 explores the forces redefining global business. Tariffs, technology, and transformation define an adaptive economy for the year ahead. Expect moderate growth amid easing inflation, evolving fiscal policies, and rapid AI adoption, driving productivity. Digital transformation for SMEs and shifts in trade and consumer behavior will shape strategies worldwide. Stay ahead with insights to help navigate complexity and seize emerging opportunities. Learn more here.

President Donald Trump delivers an address to the nation from the Diplomatic Reception Room of the White House, in Washington, D.C., U.S. Wednesday, Dec. 17, 2025.
Doug Mills/Pool via REUTERS

Less than one day after US President Donald Trump declared a military blockade of sanctioned oil tankers from Venezuela, he addressed the nation during a rare primetime speech – but didn’t talk about Venezuela.