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IEC posts updated 10 Nov 2026 municipal results: ANC ~30.8% and many hung councils

On 10 November 2026 the IEC updated its public results dashboard, showing the ANC with about 30.8% of the national municipal vote and reporting 136 hung councils (212 of 213 councils counted; 74 with a majority). The IEC dashboard entry timestamped 10 Nov 2026 records the revised tallies and seat allocations.

On 10 November 2026 the IEC updated its public results dashboard, showing the ANC with about 30.8% of the national municipal vote and reporting 136 hung councils (212 of 213 councils counted; 74 with a majority). The IEC dashboard entry timestamped 10 Nov 2026 records the revised tallies and seat allocations.

The IEC update formalises a fragmented municipal outcome: no single party controls most councils, increasing the importance of coalition bargaining. That could change local policy priorities, mayoral appointments and municipal budget direction in major metros, with conditional implications for local fiscal plans and any municipal-level funding or service-delivery commitments. Market effects would depend on specific coalition outcomes and fiscal choices.

Remaining council formalisations and the start of coalition negotiations; mayoral selections and coalition pacts in coming weeks.

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

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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 · 5.287%Soaf 28 · Oct 2028 · 5.305%Soaf 29 · Sept 2029 · 5.465%Soaf 30 · Jun 2030 · 5.698%Soaf 32 · Apr 2032 · 5.725%Soaf 41 · Mar 2041 · 7.003%Soaf 44 · Jul 2044 · 7.238%Soaf 46 · Oct 2046 · 7.363%Soaf 47 · Sept 2047 · 7.431%Soaf 48 · Jun 2048 · 7.467%Soaf 49 · Sept 2049 · 7.472%Soaf 52 · Apr 2052 · 7.550%
Move across the curve to inspect a bondAs of
BondMid pxYield
  • Soaf 27Sept 202799.6255.287%
  • Soaf 28Oct 202898.1885.305%
  • Soaf 29Sept 202998.3755.465%
  • Soaf 30Jun 2030100.5635.698%
  • Soaf 32Apr 2032100.6885.725%
  • Soaf 41Mar 204193.2507.003%
  • Soaf 44Jul 204481.5637.238%
  • Soaf 46Oct 204675.5007.363%
  • Soaf 47Sept 204781.2507.431%
  • Soaf 48Jun 204887.5637.467%
  • Soaf 49Sept 204981.2507.472%
  • Soaf 52Apr 205297.1887.550%

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