ANC tables plans to change political party funding law

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The party wants some limitations to be relaxed and some to be done away with.

Image:More details have emerged on plans by the cash-strapped ANC to amend the law that governs how parties receive financial donations.

The Sunday Times reported last month that plans were afoot by the ANC to lobby parties in parliament to support its proposed amendments to the Political Party Funding Act. According to the report, which TimesLIVE has seen, the ANC should be wary of litigation against the increase in thresholds, especially the one requiring disclosure.

This means donations from the ANC's investment arm Chancellor House, which donated R15m last year, would not be declared.

 

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So we have a big problem that makes rounds on social media, what is important to MYANC is money, bathathe MYANC. It's none of your business. 🤦🏽‍♂️South Africa

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