News24 | Who funded political parties in 2023?

9 months ago 11

The DA and ANC got the most donations, follow by Action SA.

The DA and ANC got the most donations, follow by Action SA.

The vast majority of declared donations to political parties in the past year came from a handful of donors, and three parties benefitted far more than all the others combined.

Furthermore, businesses tend to favour opposition parties, while the governing ANC could bank on a Trust and investment company with close links to it.

Cumulatively, in the first two quarters of the 2023/24 financial year, more than R102 million was donated to political parties, according to My Vote Counts' dashboard.

South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.

Next on News24

ANC dodges liquidation and settles out of court with Ezulweni

22 Dec

ANC dodges liquidation and settles out of court with Ezulweni

Read Entire Article
Progleton News @2023