09 September 2021 - 18:28
The act requires parties to declare all donations above a threshold of R100,000. The IEC said on Thursday that just three of the country's parties - the DA, the ANC and Action SA - had donations of this amount or more. A further 108 said all of its donations were below the threshold. The ANC came second receiving R10,720,000, with just under half coming from one source, mining company United Manganese of Kalahari, which made a R5m donation. The party also received two donations of R1m from Nonkwelo Investment Holdings.
President Cyril Ramaphosa proclaimed the act in January but it came into effect in April this year. Several political parties, mostly the ruling party, admitted that the law had crippled their finances as some donors preferred to conceal their identities when making donations. “In this regard, the commission has issued a directive in terms of section 15 of the act for the party to further pursue the donors for compliance. Failure to comply may lead to investigations and possible actions being pursued for non-compliance in relation to the specific donors in terms of section 14 of the act. Since the publication of the report, there has been the necessary compliance,” said Love.
How many R99000 has already received by the ANC from Rupert and his friends?
Its only South Africa that publicly declared the donors no other country that I know is doing that nonsense
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Party funding: DA scores R15m from Oppenheimer’s daughter, while one company gives ANC half its R10m totalIEC says it will monitor donations received by political parties through crowdfunding. I wanna date the Oppenheimer's daughter, woza la sweetie! 🤔 Donors should be bared from donating for different parties in the same electoral cycle, IECSouthAfrica must have a register for that.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Party funding: DA scores R15m from Oppenheimer’s daughter, while one company gives ANC half its R10m totalIEC says it will monitor donations received by political parties through crowdfunding. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Arnold_Nike4 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️ I'm happy to join those who are sharing the good news about shantelll_142 . I'm not persuading anyone to trade with her but i advise every investor to make the right choice with shantelll_142 i got my withdrawal safely without any interruption. Even though I have pride as a man, at the end of the day I'm a parent too. My children slept hungry last night😔. Please, please assist my family with any food donation or food parcel🙏💔😭. We can bear being hungry, my children can't😭💔
Source: TimesLIVE - 🏆 28. / 59 Read more »