Skip to content
Market intelligence
Policy geopoliticsSouth AfricaDeveloping story

Counting continues after South Africa local elections; DA leads Gauteng provisional tally

On 6 November 2026 counting continued from South Africa's 4 November local elections and provisional results showed the Democratic Alliance leading Gauteng's vote count, with the IEC having counted 57% of provincial votes and final results still outstanding.

On 6 November 2026 counting continued from South Africa's 4 November local elections and provisional results showed the Democratic Alliance leading Gauteng's vote count, with the IEC having counted 57% of provincial votes and final results still outstanding.

Provisional tallies and ongoing verification in Gauteng mean political control of major metros (Johannesburg, Ekurhuleni, Tshwane) remains uncertain until the IEC completes counting and allocation of council seats. Markets sensitive to South African political risk could react to final outcomes or coalition formations, but provisional leads alone do not constitute settled mandates or immediate policy shifts.

IEC final certified results and council seat allocations or announced coalition deals.

Sources & verification

Developing story

Developing story supported by 2 independent public publishers; further confirmation is being sought.

Public references supporting this brief.

Was this brief useful?
Back to the briefing

Price Discovery

South Africa sovereign curve

Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.

12 priced bonds
7.96%7.19%6.42%5.65%4.88%20272033204020462052Soaf 27 · Sept 2027 · 5.286%Soaf 28 · Oct 2028 · 5.304%Soaf 29 · Sept 2029 · 5.440%Soaf 30 · Jun 2030 · 5.698%Soaf 32 · Apr 2032 · 5.725%Soaf 41 · Mar 2041 · 7.003%Soaf 44 · Jul 2044 · 7.245%Soaf 46 · Oct 2046 · 7.371%Soaf 47 · Sept 2047 · 7.445%Soaf 48 · Jun 2048 · 7.474%Soaf 49 · Sept 2049 · 7.471%Soaf 52 · Apr 2052 · 7.555%
Move across the curve to inspect a bondAs of
BondMid pxYield
  • Soaf 27Sept 202799.6255.286%
  • Soaf 28Oct 202898.1885.304%
  • Soaf 29Sept 202998.4385.440%
  • Soaf 30Jun 2030100.5635.698%
  • Soaf 32Apr 2032100.6885.725%
  • Soaf 41Mar 204193.2507.003%
  • Soaf 44Jul 204481.5007.245%
  • Soaf 46Oct 204675.4387.371%
  • Soaf 47Sept 204781.1257.445%
  • Soaf 48Jun 204887.5007.474%
  • Soaf 49Sept 204981.2507.471%
  • Soaf 52Apr 205297.1257.555%

Indicative levels only. Full bid/ask context and trading actions remain inside MSA Trader.

Open Price Discovery
All market intelligence