Latest data finds 65% of middle-income earners want ANC out in the 2024

Loading player...
GUEST – Brandon de Kock - BrandMapp director of storytelling

More than half of South African taxpayers want to vote the governing party out of power in next year’s elections because of rolling blackouts, a survey shows.

An online poll of almost 1 500 adults last month found that 65% of middle-income earners are seriously considering not voting for the African National Congress in next year’s general elections, according to a BrandMapp-Silverstone report published on the website of Cape Town-based consultancy WhyFive.

Africa’s most industrialised economy has been subjected to rolling blackouts, known locally as load shedding, since 2008 because state power utility Eskom has been unable to meet demand from its old and poorly maintained plants. The daily outages are costing the country as much as R899 million per day and hobbling economic growth, with output only expected to increase 0.3% this year, according to the central bank.

“Taxpayers of South Africa are being pushed to the limits, not just of their tolerance, but of their ability to remain resilient, productive and positive about the future,” the company said. “It could be argued that all social revolutions begin at the crest of a wave of urgency, and if that is indeed true, then we have certainly reached that point.”
15 Mar 2023 4PM English South Africa Business News · Investing

Other recent episodes

Affordability, Chinese Brands & NEVs: Cars.co.za Report

Cars.co.za’s Alan Quinn breaks down the Motor Industry Report 2026, revealing the biggest behavioural and affordability shifts in South Africa’s vehicle market. From the 72% surge in Chinese brands, to NEV momentum, to the dominance of price and fuel efficiency in buyer decisions — this episode offers essential insights for…
17 Sep 1PM 21 min

How Impact Finance Network Unlocks Entrepreneurial Growth

Anglo American’s Emma Parker breaks down how the Impact Finance Network (IFN) is reshaping access to capital for South African entrepreneurs. With 162 businesses supported, R1.8 billion mobilised, and 46,000 livelihoods sustained, IFN is proving that connection, capability and catalytic capital can unlock real growth. A practical conversation on investment…
17 Sep 12PM 12 min

Momentum’s R7bn Breakthrough: Inside the Record Results

Momentum Group CEO Jeanette Marais unpacks the Group’s record R7.06 billion earnings, delivered a year ahead of target. We explore the improved quality of earnings, the five business units now delivering over R1bn each, the surge in sales to R93.8 billion, and how the Group’s Impact strategy is reshaping performance…
17 Sep 12PM 14 min

ETFSA Navigator: Your Guide to Smarter Retirement Investing

Nerina Visser, Director and ETF Strategist at ETFSA, helps South Africans cut through the noise and make confident long‑term investment decisions. She explains how investor behaviour has changed over 30 years, why choice overload is paralysing many savers, and what questions every investor should ask before choosing a retirement product…
16 Sep 2PM 13 min

PayInc Economic Index: August Recovery, Fragile Outlook

After a difficult second quarter, South Africa’s economic activity improved in August — rising 0.8% month‑on‑month, with July revised upward to 0.6%. But the outlook remains fragile. Independent Economist Elize Kruger joins Kaya Biz to unpack the latest PayInc Economic Index and explain what the data reveals about consumer behaviour,…
16 Sep 1PM 12 min