South Africa’s election portal resumes showing partial results after brief glitch

South Africa’s election portal resumes showing partial results after brief glitch


Voters during the South Africa general elections on May 29, 2024 in Johannesburg, South Africa. 

Gallo Images | Gallo Images | Getty Images

Live updates of partial results from South Africa’s parliamentary election reappeared on the electoral commission’s website, following a glitch of at least two hours.

The prints are closely watched amid early indications that the country’s governing African National Congress, the liberation party of Nelson Mandela, could lose its parliamentary majority for the first time in the 30 years since it assumed governance.

The electoral commission’s portal was briefly blank at 06:08 a.m. London time, but once more displayed results by 08:23 a.m. in London, according to CNBC monitoring.

South African Rand to see boost from Fed rate cuts in coming years, economist says

The commission did not immediately respond to a CNBC request for comment on the interruption in updates. Reuters reported that the disruption was a result of a technical glitch that technicians at the results center in Midrand, north of Johannesburg, were attending to.

Once the portal returned online, its data showed support for the ANC at 41.86% off 55.63% of the ballots, with the Democratic Alliance (DA) at 23.67%, and the Marxist Economic Freedom Fighters (EFF) securing 19.98%.

A final result near the current preliminary 42% would be a steep tumble for the ANC, which last earned 57.5% of support in the 2019 election. It would also propel incumbent President Cyril Ramaphosa to begin negotiations for a coalition government, stoking political uncertainty that could bleed into the country’s economic prospects.

South Africa election most contested we've seen in 30 years, Chatham House says



Source

Josh Brown buys CBRE after AI disruption fears drive steep sell-off
World

Josh Brown buys CBRE after AI disruption fears drive steep sell-off

Josh Brown, CEO of Ritholtz Wealth Management, told CNBC’s ” Halftime Report ” on Friday that he added to his CBRE position after the stock plunged on investor fears that artificial intelligence could weigh on office real estate demand. CBRE and a slate of office real estate stocks dropped this week after Elon Musk said […]

Read More
Venezuela oil sales top  billion, funds won’t go to Qatar account anymore, Energy secretary says
World

Venezuela oil sales top $1 billion, funds won’t go to Qatar account anymore, Energy secretary says

Venezuela’s interim President Delcy Rodríguez and U.S. Energy Secretary Chris Wright speak with the media after attending a meeting, marking the highest-level U.S. visit focused on energy policy to the OPEC nation in nearly three decades, as Washington conducts its first on-the-ground assessment of the oil industry it aims to help rebuild, in Caracas, Venezuela, […]

Read More
Why Canada hopes China will boost its auto manufacturing industry
World

Why Canada hopes China will boost its auto manufacturing industry

Canada’s decision to reduce barriers for Chinese electric vehicles is one piece of a larger pivot away from a reliance on the United States.  The Canadian government is aiming to develop joint ventures with Chinese and Korean firms and trying to revive its manufacturing base with tax breaks as it faces a strained relationship with […]

Read More