The National Assembly has unanimously agreed to establish an ad hoc committee to look into the funding of political parties. The committee would inquire into and make recommendations on funding of political parties, with a view of introducing or amending legislation if necessary and consider a model for adequate public funding for political parties represented in Parliament and the provincial legislatures. It would also look at the regulation of funding of parties by private institutions as well as investment entities owned by political parties. The committee will consist of 11 members — six from the ANC, two from the DA, one from the EFF and two representing all other parties in the National Assembly. South African parties represented in Parliament and in the provincial legislatures receive funding from taxpayers in line with the proportion of votes they receive in elections. This funding is regulated by the Public Funding of Represented Political Parties Act. The administration of...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now