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African National Congress

The African National Congress (ANC) is South Africa's governing political party and one of the oldest liberation movements on the continent. Founded in 1912, it led the decades-long struggle against apartheid before becoming the ruling party after the country's first democratic elections in 1994. The ANC has governed South Africa continuously since then, though its parliamentary majority narrowed sharply in the 2024 elections, prompting it to enter a Government of National Unity with other parties. Its policy positions shape national economic strategy, including fiscal policy set by the National Treasury and infrastructure priorities affecting municipalities such as Johannesburg. The party has faced sustained criticism over governance failures linked to loadshedding, deteriorating municipal finances and water-supply shortages in cities it governs. Internal factionalism and allegations of corruption during the era of state capture damaged its reputation and contributed to credit-rating pressure from agencies such as Moody's Ratings. Senior ANC figures, including Finance Minister Enoch Godongwana, hold key economic portfolios that influence investor sentiment and the Johannesburg Stock Exchange. The party's alliance with the Congress of South African Trade Unions and the South African Communist Party remains central to its political base. Its historical leaders include Nelson Mandela, Oliver Tambo and Walter Sisulu. The ANC's performance and policy direction continue to be closely watched by investors and rating agencies assessing South Africa's economic outlook.

African National Congress News


Photo of Terence Creamer
It’s the economy . . .
23rd October 2026 By: Terence Creamer

The elections being held in South Africa and the US in the first week of November are different in many ways. While the words, actions, voting records, campaign contributions, and even the dietary... 


What Does Our Heritage Say About Who We Are? Prof Rozena Maart Reflects
What Does Our Heritage Say About Who We Are? Prof Rozena Maart Reflects
23rd September 2026

As we mark Heritage Day and Heritage Month, the South African Research Chairs Initiative (SARChI) in the Study of the National Question explores the meaning of heritage. SARChI Chair in the Study... 


President Cyril Ramaphosa
South Africa urged to lock in reforms before Ramaphosa leaves
10th September 2026 By: Bloomberg

South Africa must enshrine its reform process in law to guarantee the momentum gained under President Cyril Ramaphosa endures after he leaves office, said the head of a key business lobby group.... 


Platinum gives South Africa fiscal boost ahead of budget, says Old Mutual
22nd July 2025 By: Reuters

A platinum price rally and increased mining royalties should ease the pressure on South Africa’s fragile coalition government ahead of its October budget, Old Mutual Investment Group, one of the... 


BBCBE president Danny Masimene
We can no longer blame apartheid for economic failures, BBCBE’s Masimene says
2nd May 2025 By: Darren Parker

After more than 30 years of democracy, South Africa’s numerous economic problems can no longer be blamed on Apartheid but rather must be blamed on the black-led government that has held the reins... 


An image of stainless steel undergoing coastal outdoor testing
New steel mills will benefit industry, enhance economy
4th April 2025 By: Trent Roebeck

To revive the South African steel and stainless-steel industry, reduce job losses therein, and improve support for local manufacturing of stainless-steel goods, International Zinc Association... 


Mineral and Petroleum Resources Minister Gwede Mantashe at the ribbon cutting of the Naudesbank colliery
Mantashe lauds opening of Seriti’s Naudesbank Colliery, insists coal mining remains critical
4th April 2025 By: Darren Parker

“King coal is back!” Mineral Resources and Petroleum Minister Gwede Mantashe exclaimed at the ribbon cutting of coal producer Seriti’s new Naudesbank Colliery, near Carolina, in Mpumalanga, on... 


Mineral and Petroleum Resources Minister Gwede Mantashe at the ribbon cutting of the Naudesbank colliery
Mantashe lauds opening of Seriti's Naudesbank Colliery, insists coal mining remains critical
14th March 2025 By: Darren Parker

“King coal is back!” Mineral Resources and Petroleum Minister Gwede Mantashe exclaimed at the ribbon cutting of coal producer Seriti’s new Naudesbank Colliery, near Carolina, in Mpumalanga, on... 


NUM member wearing t-shirt
NUM worried about ‘possible bloodbath of job losses’ on multiple fronts
12th March 2025 By: Darren Parker

The National Union of Mineworkers (NUM) is worried about a “possible bloodbath of job losses” across multiple sectors, including steel, transportation, ferrochrome and mining, on the back of... 


Finance Minister Enoch Godongwana
Lower VAT hikes in delayed Budget not enough to secure full GNU backing
12th March 2025 By: Terence Creamer

Finance Minister Enoch Godongwana tabled his delayed Budget on Wednesday that included lower, yet still controversial, increases to the value-added tax (VAT) rate, as he sought to hold the... 


Solar panels installed at the Komati power station
South African health agency calls for coal-fired power station phase-out
7th March 2025 By: Reuters

An influential South African government agency recommended the country phase out coal-fired power stations on Thursday as it published a ten-year study which found that people living near them were... 


Finance Minister Enoch Godongwana
Budget postponed to March 12 after GNU Cabinet fails to agree on two-percentage-point VAT hike
19th February 2025 By: Terence Creamer

In an unprecedented development, the speaker of Parliament Thoko Didiza was forced to postpone the 2025 Budget address by Finance Minister Enoch Godongwana on Wednesday. This, after Cabinet failed... 


Locomotives used by Transnet Freight Rail
ANC wants National Treasury to rescue Transnet
27th January 2025 By: Bloomberg

South Africa’s biggest political party will ask the National Treasury to consider a one-off debt-relief package for state-owned rail and ports operator Transnet before next month’s budget. Transnet... 


Rescued illegal miners at Buffelsfontein mine Stilfontein 0125 Reuters
South Africa accused of 'horrific' crackdown as 78 corpses pulled from besieged mine
15th January 2025 By: Reuters

At least 78 dead bodies have been pulled from an illegal gold mine in South Africa where police cut off food and water supplies for months, in what trade unions called a "horrific" crackdown on... 


Police gathered at an illegal mining operation in Stillfontein
Families gather at South African mine shaft where hundreds are feared underground
15th November 2024 By: Reuters

 Desperate family members of illegal miners believed to number in the hundreds waited outside a disused mine shaft in South Africa on Friday in the hope of their loved ones emerging from the hole... 


The JSE's premises in Sandton
JPMorgan expects South Africa IPO surge on economic optimism
21st October 2024 By: Bloomberg

South Africa is poised for a surge in initial public offerings and fund-raising activity as soon as next year, spurred by optimism that the continent’s biggest economy may be turning a corner after... 


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pqt: 0.098s - ct: 0.146s - 250pq - 7rq
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