eThekwini Mayor Cyril Xaba has emerged as the early favourite on Polymarket’s prediction market to lead the city after South Africa’s November 4 local government elections. Xaba currently sits at 38%, ahead of ActionSA’s Zwakele Mncwango, while Zandile Gumede and DA mayoral candidate Haniff Hoosen trail behind.
As parties gear up for what is expected to be a hotly contested local government election in November, a prediction market currently has eThekwini mayor Cyril Xaba ahead in the race to become the city’s next mayor.
Polymarket is an online platform where people trade on the likelihood of future events. Its odds can change as traders buy and sell, so they are not the same as voter support.
It gained prominence during the 2024 elections, when its US market favoured Donald Trump and its UK market pointed to a Labour victory, both of which matched the eventual outcomes.
The Polymarket market on the next eThekwini mayor market has changed since it opened on August 18, with different candidates moving up and down the rankings.
