First Look South Africa's ANC party on the verge of electing a new leader

South African President Jacob Zuma is stepping down as president of his party, the African National Congress, allowing for a new leader. Whoever wins, Deputy President Cyril Ramaphosa or Nkosazana Dlamini-Zuma, will likely be the nation's next president.

Siphiwe Sibeko/Reuters

The fight to lead South Africa's ruling African National Congress hung in the balance on Monday, with voters and markets on edge for a result that will set the direction for the country and the scandal-plagued party.