South Africa's ruling African National Congress (ANC) faces a critical juncture after losing its parliamentary majority for the first time in the 2024 national elections, securing just over 40% of the vote. This historic decline has sparked intense speculation about the party's strategy and funding ahead of the next general election, expected in 2027.
Billionaire mining magnate and CAF President Patrice Motsepe, the brother-in-law of President Cyril Ramaphosa, is frequently cited as a key financial backer of the ANC. However, his exact role and willingness to act as a singular "lifeline" for the party's 2027 campaign is not explicitly confirmed by recent, verifiable reports. Motsepe has historically supported the ANC but maintains a relatively low public political profile.
The ANC's current challenge involves forming a stable coalition government at the national level and addressing widespread public dissatisfaction over issues like unemployment, power cuts, and corruption. The party's need for substantial campaign resources is acute, but it remains unclear if Motsepe or other business figures will provide decisive, singular support.
Political analysts suggest the ANC's revival depends more on tangible governance improvements and coalition management than on any single financier. The 2027 election is poised to be a major test of whether the party can regain voter trust or face further electoral erosion.