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The disclosures of donations by political parties is required in terms of the 2018 Political Party Funding Act for amounts above R100 000.
95% of the DA’s declared donations were received from foreign donors, Germany’s Friedrich Naumann Foundation (FNF) and the Danish Liberal Democracy Program.
The FNF also made an in-kind donation to the main opposition of just under R800 000.
The third quarter disclosure period saw 11 political parties, both unrepresented and represented in Parliament receive a total of R46 million between October and December last year.
The Multi-Party Democracy fund, which receives monies for no particular party, received a contribution of R5 000 for a member of the public, Ivan Pillay.
IEC’s report on political party funding
Thank you Reuters for this article
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This is the amount that will be distributed amongst the current shareholders.
Current Share Holders
89/500,000
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