DA tops latest financial donations list, says IEC
The DA has received nearly R16 million in donations, according to the Independent Electoral Commission’s 2022-23 first quarter disclosure report.
“Overall, the commission has been successful in putting in place systems, procedures and structures that would make it possible for registered political parties to declare direct donations for the purposes of publication as required by the legislation,” says the IEC’s Matsobane Nkoko.
"The Democratic Alliance (DA) made the highest disclosure of almost R16 million. From this amount, the single largest donation amount of R15 million was made by Fynbos Ekwiteit (Pty) Ltd. This entity made some significant donations to the same party in the previous financial year."
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"The African National Congress (ANC) made the second highest disclosure of R 10 million. The donor is an entity known as Botho-Botho Commercial Enterprise. This entity should not be confused with Batho-Batho Trust, which made a significant donation to the ANC in the previous year.”
ActionSA disclosed the third largest cumulative donations this quarter.
“The only party to receive foreign donations in the reporting quarter is the DA,” says Nkoko.
“The total value of such donations is R 977 687.13. Seventy-four per cent amounting to R 723 493.56 was donated by the FNF. The balance of R 254 193.57 was received from Volkspartj voor Vrijheid en Democratie (VVD).”
