ANC-affiliated business forum calls for changes to funding act

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 92%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

ANC-affiliated business forum calls for changes to funding act: Political parties say the act is restricting their ability to receive external donations

Mbhele said parties such as the ANC were being limited by the act, noting that the governing party was dependent on income from donors.

The Democratic Alliance and the ANC have complained that the law was hampering their fundraising efforts because some business people do not want their names openly associated with political parties.on 2 October that the law needed to be reviewed. “If a democracy is meant to rest upon the will of the people, but we have a situation where it actually rests with these deep-pocketed entities, then we have a problem in the way our democracy is actually expressed,” said Pasensie.“Billions of taxpayers’ money is spent on funding political parties. Public funding can be used to implement specific measures of recourse and further limit the use of private funding,” she said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ANC-affiliated business forum calls for changes to funding actANC-affiliated business forum calls for changes to funding act - Political parties say the act is restricting their ability to receive external donations But the ANC conceived, drafted and its President signed it into law...
Source: mailandguardian - 🏆 2. / 92 Read more »

LISTEN: East Coast Radio MD takes center stage being Chairman of the KZN Business Women ForumBonnie Mchunu has been nominated by the Durban Chamber as the Chairman of the KZN Business Women Forum for a period of two years. Oohh wow ♥️♥️
Source: ecr9495 - 🏆 38. / 51 Read more »