In part one of the state capture commission report, acting chief justice Raymond Zondo highlights the need to strengthen legislation relating to corruption in political party financing. The report states:
It is therefore alarming that the ANC reportedly has plans to introduce amendments to the act, not to give effect to these recommendations but rather to increase the annual disclosure threshold from the current R100,000 per individual donation to R250,000 or even R500,000, as well as removing the annual R15m upper limit on donations or increasing that ceiling to R50m or R100m per annum.
The potential for widespread corruption through secretive political party funding is self-evident. While the act has led to some overdue transparency, the first two sets of disclosures made by political parties have revealed some gaps in how private funding is regulated. These gaps need to be closed rather than expanded. Increasing the disclosure thresholds and removing the upper limit will allow the unscrupulous to use money to acquire influence for private ends without any oversight.
The financial health of political parties should not be adversely affected by disclosure requirements that seek to deepen democracy. It must be accepted that political parties are important instruments of our democratic society. They require funding to operate and to compete for support from the electorate. This is recognised in the constitutional provision that public funding must be regulated to “enhance multiparty democracy”.
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