South Africa's ruling African National Congress will probably stick to its policies to boost employment and economic growth after a decisive election win, investors and analysts said.
The 102-year-old party extended its two-decade rule with 62.2 per cent of the vote after all ballots were counted, according to figures from the Independent Electoral Commission. Its support fell 3.7 percentage points from five years ago.
The main opposition Democratic Alliance made the biggest gains, advancing to 22.2 per cent from 16.7 per cent in 2009. The Economic Freedom Fighters, which was formed by expelled ANC youth leader Julius Malema last year, won 6.4 per cent.
