ANC plans to change Political Party Funding Act
Plans to amend the act may come into effect in the next few months
13 February 2022 - 18:19
The process to amend legislation that would increase the disclosure threshold for individuals or entities who donate to a political party to R100m annually as proposed by the ANC is expected to get under way shortly.
This is as the cash-strapped party deals with a “cash flow” crisis that has seen it default on the payment of employee salaries and benefits since the enactment of the Political Party Funding Act in February 2021...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.