Cape Town — The Independent Electoral Commission (IEC) has confirmed that 14 parties have disclosed nearly R200 million in donations between April and June 2024.
The IEC released its first quarterly report on Friday and revealed that it was the first report since the inauguration of the seventh administration, following the 2024 general elections.
The IEC said that political pares declared a combined total of nearly R200 million, which was comparable to the value of donations declared during the fourth quarter of the previous financial year. It said the total of R189 950 829 was the highest value of donations in all years and quarters since the Political Funding Act came into law.
In the detailed Party Funding Report, the IEC revealed that the Democratic Alliance (DA) led the way with R56 601 039 in donations, and the Inkatha Freedom Party (IFP) received R38 340 000 in donations. Both parties received R15 million from Johnathan Oppenheimer, while Rise Mzansi rounded out the top 3 with R33 0895 000 in donations, including R15 million from Rebecca Oppenheimer.
Other parties to receive hefty donations included the African National Congress (ANC), ActionSA and Build One South Africa (BOSA).
[MEDIA RELEASE]
Electoral Commission Issues Party Funding’s First Quarter Disclosure Report for the 2024-25 Financial Year
The Electoral Commission hereby publishes the first quarter political funding disclosure report for the financial year 2024/25. The report covers the…
— IEC South Africa (@IECSouthAfrica) August 30, 2024
The IEC said there were several first-time donors during the reporting quarter, but also a significant number of repeat donors, and many of the repeat donors had made significant donations to several parties, including the newer ones.
Notably, the Economic Freedom Fighters (EFF) only received R515 313, which came from cellular phone company, MTN, for sim cards, routers and data for electioneering purposes.
In its first donation, the uMkhonto weSizwe (MK) Party received R380 555 in donations in its first declaration, which came from the South African Policy Education Initiative, a non-profit organisation.
The total list of donations:
- ActionSA – R13 186 000
- African Christian Democratic Party (ACDP) – R240 000
- African National Congress (ANC) – R26 015 313
- Build One South Africa (BOSA) – R12 877 709
- Change Starts Now – R150 000
- Democratic Alliance (DA) – R56 601 039
- Economic Freedom Fighters (EFF) – R515 313
- GOOD – R600 000
- Inkatha Freedom Party (IFP) – R38 340 000
- Independent Civic Organisation of South Africa (ISANCO) – R100 000
- Patriotic Alliance (PA) – R6 649 900
- Rise Mzansi – R33 895 000
- South African Rainbow Alliance (SARA) – R400 000
- uMkhonto Wesizwe Party (MKP) – R380 555
Follow African Insider on Facebook, Twitter and Instagram
Picture: Pixabay
For more African news, visit Africaninsider.com
Compiled by Matthew Petersen
