The act allows for the establishment of a multi-party democracy fund that will be run by the Electoral Commission of South Africa. The fund will make it possible for donations to be distributed equally amongst all parties represented in parliament. Funds are currently distributed according to the number of seats held in national legislature. (ANA)
DURBAN, January 22 – The African National Congress (ANC) said on Tuesday that the signing into law of the political party funding bill by president Cyril Ramaphosa was a milestone that would serve to strengthen democracy.
“The ANC has consistently supported the principle of regulating funding for political parties. We view this as an important milestone in strengthening our democracy and enhancing transparency as a cornerstone of our democracy,” said acting national spokesperson Zizi Kodwa in a press statement.
Kodwa said the governing party was encouraged that the law was a “practical expression of the ANC’s unwavering commitment to the constitutional values of fairness, equity, accountability and transparency”.
“We have no doubt that this law provides the country with an opportunity to deepen our democracy and usher in a new culture of transparent funding for political parties.”
The issue of declaring private funding has been a debate since South Africa’s transition to democracy in 1994. The main opposition Democratic Alliance has resisted forcing disclosure, arguing that if the identity of opposition donors were known, they could be prejudiced in a number of ways.