Political party funding law too late for this year’s elections
Lobby groups welcome the ruling about funding transparency, and say parties should disclose funding even without the bill being implemented
Lobby groups have raised concern that the Political Party Funding Bill, which was signed into law on Tuesday, is unlikely to have an impact on the upcoming 2019 provincial and national elections, which are likely to take place in May. The law seeks to provide guidelines and new regulations on the funding of political parties. It also includes, among other measures, a ban on donations from foreign sources and a requirement for parties to disclose all donations above a certain threshold. The enactment of the law — which is seen as one of the most important pieces of legislation since the constitution was passed — comes amid explosive revelations at the state-capture inquiry by former Bosasa COO Angelo Agrizzi. In his testimony, he has detailed how the company, now known as African Global Operations, paid out millions of rands in bribes every month to politically connected individuals to secure tenders at state institutions. He also implicated the ANC, stating that about R1.8m was paid...
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