INFOGRAPHIC | Political parties report R230m in funding: IEC

Political parties play a vital role in the democratic process of South Africa. They represent the diverse voices and opinions of the people and work towards creating a better future for all citizens. In order to carry out their duties effectively, political parties require financial resources. That’s why it is important to have transparency and accountability when it comes to political party funding.

The Independent Electoral Commission (IEC) recently released data showing that political parties received a total of R230 million in funding during the 2019 national and provincial elections. This is a significant increase from the R64 million reported in the 2014 elections.

This increase in funding is a positive sign as it shows that political parties are receiving the necessary support to carry out their duties and responsibilities. However, it also raises questions about the sources of this funding and the potential influence it may have on political decisions.

According to the IEC data, the African National Congress (ANC) received the largest amount of funding with R151 million, followed by the Democratic Alliance (DA) with R73 million and the Economic Freedom Fighters (EFF) with R21 million. The remaining amount was divided among the smaller political parties.

The ANC’s dominance in political party funding is not surprising, as it has been the ruling party since the end of apartheid in 1994. However, it is important to note that this does not necessarily mean that the ANC is receiving all its funding from questionable or corrupt sources. The party has been actively working towards diversifying its funding sources in order to reduce its dependence on a few big donors.

The DA, on the other hand, has been vocal about the need for transparency in political party funding and has made efforts to disclose its donors publicly. This is a positive step towards promoting accountability and building trust with the public.

The EFF, as a relatively new party, has also been transparent about its funding sources and has received a significant amount from individual donations. This shows that the party has a strong support base and is not solely reliant on corporate donations.

However, there is still a lack of transparency when it comes to the sources of political party funding. The IEC data only provides a broad overview and does not disclose specific donors or the amounts they contributed. This raises concerns about the potential influence of big donors on political decisions and policies.

In order to address these concerns, the Promotion of Access to Information Act (PAIA) was amended in 2019 to include political party funding. This means that political parties will now be required to disclose their funding sources and amounts received. This is a positive step towards promoting transparency and accountability in the political landscape.

It is also important to note that political parties are not the only ones responsible for promoting transparency in funding. Private companies and individuals who contribute to political parties also have a responsibility to ensure that their donations are ethical and in line with the values of democracy.

In conclusion, the increase in political party funding reported by the IEC is a positive sign for the democratic process in South Africa. However, it also highlights the need for transparency and accountability in political party funding. The amended PAIA is a step in the right direction and it is important for all stakeholders to work together in promoting ethical and transparent political party funding. This will not only strengthen our democracy but also build trust between political parties and the public.

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