In its 2022/2023 3rd quarter year party funding report, IEC revealed that ANC received over R30 million in donations.

In its 2022/2023 3rd quarter year party funding report, IEC revealed that ANC received over R30 million in donations.
Image via Facebook/ MyANC

Political party funding: ANC receives R32 million worth of donations

In its 2022/2023 3rd quarter year party funding report, IEC revealed that ANC received over R30 million in donations.

In its 2022/2023 3rd quarter year party funding report, IEC revealed that ANC received over R30 million in donations.

In its 2022/2023 3rd quarter year party funding report, IEC revealed that ANC received over R30 million in donations.
Image via Facebook/ MyANC

The African National Congress (ANC) received R32 million worth of donations in the third quarter of the 2022/23 financial year.

This is according to the Electoral Commission of South Africa’s (IEC) latest political funding disclosure report for the 2022/2023 financial year which was released on Tuesday, 28 February.

ANC RECEIVED DONATIONS FROM THREE DONORS

“The ANC also received donations from three entities, namely; Batho Batho Trust (R 15 million), Naspers Limited (R 2 million) and United Manganese of Kalahari (UMK) (R15 million). Both Batho Batho Trust and UMK have in the previous financial year made significant donations to the party,” reads the report.

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The donation from Batho Batho Trust was a payment made to SARS on behalf of the party, whereas the donation from UMK was a payment made on behalf of the party to the Johannesburg Expo Centre for the ANC elective conference of December 2022.

POLITICAL PARTIES THAT DECLARED DONATIONS

  • ActionSA (ActionSA): R 4 680 000.00
  • African National Congress (ANC): R 32 000 000.00
  • Democratic Alliance (DA): R 2 921 325.54
  • Economic Freedom Fighters (EFF): R 202 600.00
  • Patriotic Alliance (PA): R 247 000.00

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ACTIONSA

ActionSA’s donations were received from three different donors; Martin Moshal (R3,5 million) and Konrad Adenauer Stiftung (KAS) NPC (R180 000). The third donor was an entity known as African Equity Corporation (Pty) Ltd, with a donation of R1 million.

DA

The DA, donations were received from four different entities, namely; Fynbos Trust (R 271 000), Ms. Karen Cramer (R 250 000), Naspers Limited (R 2 million) and Friedrich Naumann Foundation (FNF) (R 400 325.54).

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EFF

EFF received a donation of R 202 600 from an entity known as Car Junction.

PA

PA received donation a donation of R 247 000 from one of the national party leaders, Mr. Kenny Kunene.

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The Commission said that it will, in due course, issue a comprehensive statement on the state of party funding in the country as at the end of the last financial year.

The report will likely include information on the audited annual financial statements of registered political parties and the extent of compliance with the Act during its first year of implementation.

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