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MK Party Expels 5 Members, Const Court Will Hear Appeal In Zuma's Case On May 10

SOUTH AFRICA
Political Risk BulletEM BulletHomepageBulletPolitical RiskEmerging Market News
  • A new Ipsos poll suggested that the radical leftist Economic Freedom Fighters (EFF) party is haemorrhaging support to ex-President Jacob Zuma's MK Party. Its result fell to 11.5% from 19.6% in February, while 8.4% of respondents expressed their intention to vote for the MK Party. Support for the ruling African National Congress (ANC) slipped to 40.2% from 40.5%, while the main opposition Democratic Alliance (DA) improved its result to 21.9% from 20.5%. South African assets gained when the survey results were published on Friday, amid resurgent hopes for a market-friendly post-election coalition.
  • News24 reported that the MK Party expelled five members for their alleged attempts to destabilise the party. The list of ousted members included Jabulani Khumalo, the party's formal founder, who registered it on behalf of Jacob Zuma.
  • The Constitutional Court will hear the Independent Electoral Commission's (IEC's) urgent appeal against the Electoral Court's (EC's) order allowing Zuma to run in the upcoming elections on May 10, just 19 days before the election date.
  • Eskom confirmed that loadshedding remains suspended until further notice after a continuous 32-day reprieve from power cuts. The utility also said last Friday that power cuts should stay within Stage 2 at most during the winter period.
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  • A new Ipsos poll suggested that the radical leftist Economic Freedom Fighters (EFF) party is haemorrhaging support to ex-President Jacob Zuma's MK Party. Its result fell to 11.5% from 19.6% in February, while 8.4% of respondents expressed their intention to vote for the MK Party. Support for the ruling African National Congress (ANC) slipped to 40.2% from 40.5%, while the main opposition Democratic Alliance (DA) improved its result to 21.9% from 20.5%. South African assets gained when the survey results were published on Friday, amid resurgent hopes for a market-friendly post-election coalition.
  • News24 reported that the MK Party expelled five members for their alleged attempts to destabilise the party. The list of ousted members included Jabulani Khumalo, the party's formal founder, who registered it on behalf of Jacob Zuma.
  • The Constitutional Court will hear the Independent Electoral Commission's (IEC's) urgent appeal against the Electoral Court's (EC's) order allowing Zuma to run in the upcoming elections on May 10, just 19 days before the election date.
  • Eskom confirmed that loadshedding remains suspended until further notice after a continuous 32-day reprieve from power cuts. The utility also said last Friday that power cuts should stay within Stage 2 at most during the winter period.