According to the IEC, the declared value of donations surpassed the R100 million mark for the first time since the inception of the Party Funding Act.
With just two weeks before South Africans take to the polls on 29 May, the Electoral Commission of South Africa has revealed who their biggest donors are.‘Private donors a threat’ – Political Party Funding Act’s ‘loopholes’ in the spotlight after ANC disclosure “A message from the disclosed total amount is that the rate, extent and the results of political campaign finance activities for the 2024 elections have demonstrably reached levels never seen before.”Of the R10.5 million that ActionSA declared in this quarter, R9 million was donated by a single individual Martin Moshal. According to the IEC, Moshal made three donations of R3 million, R2 million and R4 million in January, February and March 2024.The ANC declared R16.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Political parties declare record R172 million donations - SABC News - Breaking news, special reports, world,According to the IEC, it's the first time that donations exceed R100 million.
Source: SABC News Online - 🏆 32. / 51 Read more »
Parties rake in another R172 million in funding – this is who South African billionaires are backing13 political parties declared donations amounting to more than the previous two years combined – this is how much they got and who is funding them.
Source: BusinessTechSA - 🏆 24. / 61 Read more »
DA declares R65m in donations; Motsepe, Oppenheimers, Moshal biggest fundersPolitical parties declared over R172 million in total between January and March, making it the highest value of donations ever declared since the inception of the Political Party Funding Act.
Source: ewnupdates - 🏆 30. / 53 Read more »
Richard Gere was once banned from Oscars for political remarksRichard Gere's words ignited a storm of controversy at the 1993 Oscars and led to a two-decade ban and a lifetime exile from China.
Source: TheSAnews - 🏆 25. / 59 Read more »
The political debate that never wasLike the old show Gladiators, a supposed 'debate' was in fact a show of chaos, party representatives taking flak from a crowd.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Political party funding: Where the DA, ActionSA, PA and others get their donationsSince the Political Party Funding Act was signed into law in April 2021, parties are required to declare any donations over R100,000. Eyewitness News breaks down where some parties get their cash.
Source: ewnupdates - 🏆 30. / 53 Read more »