ANC faces stiff contest in South Africa elections
China DailyPresident Cyril Ramaphosa waves to supporters of his ANC party during an election rally on Saturday in Johannesburg, South Africa. ZHANG YUDONG/XINHUA South Africa's long-ruling African National Congress party is expected to face serious challenges in the upcoming elections, the most fiercely contested poll in 30 years, with the public calling for massive reforms to address a range of problems plaguing the country, including a sluggish economy, high unemployment rate and corruption. This is the first time that more than two former senior leaders of the African National Congress are challenging the ANC", said Sethulego Matebesi, an associate professor and head of the department of sociology at the University of the Free State, in Bloemfontein, South Africa. Democratic Alliance leader John Steenhuisen addressed party supporters in Western Cape where he promised to "save South Africa". Busisiwe Mavuso, CEO of Business Leadership South Africa, an association of South Africa's major corporations, told China Daily that elections raise the risk premium of the country, which is expected to dissipate after the elections.