ANC-affiliated business forum calls for changes to funding act

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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.

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