The Independent Electoral Commission (IEC) has confirmed that political parties have declared nearly R200 million in donations.
Party funding: DA gets biggest donation – including R15m from Oppenheimer – as MK party makes first declarationBallot papers are seen as voters casts their votes at Welizibuko Primary School in Soweto on 29 May 2024. Picture: Michel Bega/The Citizen
On Friday, the commission issued its first quarterly report, revealing that 14 parties disclosed donations received between April 1 and June 30 this year, in compliance with the Political Party Funding Act .The Democratic Alliance received the highest amount of donations of all parties, declaring R56.6 million for the second quarter in a row, according to the commission.
Jonathan Oppenheimer also donated R15 million to IFP, while the party got the same amount from Nicky Oppenheimer. Change Starts Now – R150 000 The IEC noted that the Multi-Party Democracy Fund received one contribution in the form of R25 million from mining company, Exxaro.These amendments included the elimination of the R100 000 threshold for declaring donations to the IEC and the removal of a R15 million cap on the amount a single donor can contribute to parties in a given year.
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