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Which Leaders Will Leave Office in 2026? Latest News

Updated November 10, 2026First published November 5, 20264 min readJoseph Francia, Market Analyst
Cyril RamaphosaKalshi

7%Up3 ptsfrom 4% when updated, 2 days ago

  • Traders now expect Ramaphosa to stay in office through 2026 after he and top ANC officials rejected reports that he offered to quit.
KalshiTrade YES at 9.9¢
Benjamin Netanyahu
Benjamin Netanyahu

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Kalshi

Which leaders will leave office in 2026?

Each outcome's chance, from what traders are paying right now on Kalshi.

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Background

Kalshi's market asks which national leaders will leave office during 2026, with a separate contract for each leader and several being tracked at once. Israel's Benjamin Netanyahu is caretaker prime minister after a late-October election left his bloc short of a majority, and President Isaac Herzog is consulting on who should try to form a government. New Zealand's Christopher Luxon awaits special votes and an official result due 27 November. Paraguay's Peña has resigned, Belgium's Bart De Wever has a pending resignation, and South Africa's Cyril Ramaphosa has denied reports that he raised stepping down.

Each contract resolves on whether the person leaves office, not on who wins seats or has reported backing. Coalition arithmetic, a formal mandate, caretaker status and party leadership votes all decide outcomes. Israel's designated candidate gets 28 days, plus a possible 14-day extension, and a failed attempt could mean new elections with Netanyahu still in place. In New Zealand, a one-seat margin could shift when specials are counted. Ramaphosa has made no formal resignation or announcement.


Nov. 10, 2026: Will Ramaphosa Resign in 2026? Odds Fall After 'Preposterous' Denial

Cyril Ramaphosa is unlikely to resign in 2026, according to traders on Kalshi's "Which leaders will leave office in 2026?" market. On 8 November, after the ANC's worst local election result, he called reports that he had raised stepping down "preposterous." His contract fell from 18% to 4%, a 14-percentage-point drop. Ramaphosa has made no formal resignation or announcement.

The 4% on 10 November is a traded implied probability. It is not a forecast from any institution, and the market has not settled.

What Ramaphosa and ANC Leaders Said About the Resignation Reports

The pressure comes from the ballot box. The ANC fell to about 31% nationally, down from 45.6% in 2021, and lost control of every metro. The uMkhonto weSizwe Party took eThekwini, and the DA gained ground in Johannesburg, Tshwane, Ekurhuleni and Nelson Mandela Bay, eNCA reported.

A Sunday Times report cited at least five NEC members. It said Ramaphosa had raised the prospect of stepping down and had floated an early national conference in April. Speaking on the sidelines of the IEC's final results announcement, Ramaphosa rejected the claim: "I do not know where these rumours are coming from; I mean, whoever came up with a rumour like that is preposterous." He added that the party accepts the voters' verdict "with humility," The Citizen reported.

The party's senior officials backed him. Chairperson Gwede Mantashe, secretary-general Fikile Mbalula and deputy secretary-general Nomvula Mokonyane all denied that any resignation had been discussed. Mbalula said "the president is not going anywhere," The South African reported.

Mbeki's conditional verdict

Former president Thabo Mbeki was the dissenting voice, but his comment depended on the reports being true. "If it is correct, what President Ramaphosa's position is, is correct. And maybe the rest of the leadership should take the same position," he said on the African Renaissance Podcast, according to IOL.

He also attacked Ramaphosa's record since 2018, saying he could point to "nothing" positive. He listed unemployment, poverty, crime and the party's falling support, The Citizen reported. Mbeki's words add pressure on Ramaphosa, but they do not amount to a direct call for him to resign.

Are There Polls for Ramaphosa Leaving Office in 2026?

None of the sourced reporting cites a public poll on whether Ramaphosa will leave office this year. The official evidence is the IEC result, which measures party support in municipalities. It does not measure the president's tenure. That leaves the Kalshi contract as the only live, quantified gauge.

The two measures answer different questions. A roughly 15-point collapse in ANC support shows how voters judged the party. The market price shows how traders weigh the chance that Ramaphosa actually leaves office before the contract resolves on 1 January 2027, under the market's own settlement rules.

What Could Move Ramaphosa's Chances Next

The sources show that the price fell as the denials arrived. They do not show traders' reasoning beyond that timing.

Readers should watch for:

  • The early-conference proposal. Any official move toward the April conference raised in the Sunday Times report would matter.
  • Further comments from party leaders. Statements from ANC figures on Ramaphosa's position could matter.

The leaders leaving office in 2026 market tracks Ramaphosa alongside the other contracts in the event.


Earlier Updates

Nov. 8, 2026: Will Luxon Stay PM? Odds of Leaving Office Fall to 13% After NZ Vote

Christopher Luxon45% → 13%▼32

On November 8, New Zealand's National Party leader Christopher Luxon said the party has a "pathway to forming the next government" but that counting will take time, and he has not conceded. Preliminary results left his bloc with 67 of 131 seats, one more than the 66 needed to govern, while nearly 400,000 special votes remain uncounted. Luxon also said he would build a relationship with the Opportunity Party and its leader Qiulae Wong, whom he had earlier ruled out working with.

Nov. 5, 2026: Will Netanyahu Leave Office in 2026? Eisenkot Reportedly Has 67 MKs

Benjamin Netanyahu18% → 24%▲6

On Nov. 5, 2026, reports said Gadi Eisenkot had the backing of 67 Knesset members to Netanyahu's 46, after a late-October election left Netanyahu's Likud-led bloc with 53 of 120 seats. Netanyahu, absent from public view since election night, called for a broad national government and accused Arab parties of supporting terrorism. President Isaac Herzog began consultations on who should form the next government, per The Jerusalem Post.

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The story so far: Which leaders will leave office in 2026?

1 update · Oct 31