Party Funding Disclosure: ANC Settles Some Debts After Bagging Over R30m in Donations From Funders

Party Funding Disclosure: ANC Settles Some Debts After Bagging Over R30m in Donations From Funders

  • The African National Congress has made efforts to settle its debts after receiving some much-needed financial support
  • The Electoral Commission of South Africa released the latest party funding disclosure report, which revealed the donations the ANC has declared
  • The ANC declared a total of R32m donated by two companies, Batho Batho Trust and United Manganese of Kalahari

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JOHANNESBURG - The ANC is making good on its promise to settle some of the party's multimillion-rand debts.

The ANC declared R32 million in donations which were used to settle its debts
The ANC declared R32 million in donations to the IEC, which were used to settle its debts. Image: Waldo Swiegers & Darren Stewart
Source: Getty Images

After receiving a much-needed financial boost from funders, the ruling party has paid R15 million each to the South African Revenue Services (SARS) and the Johannesburg Expo Centre.

Party funding disclosures report reveals ANC declared R32m in donations

The Electoral Commission of South Africa (IEC) released the latest political funding disclosure report on Tuesday, 28 February.

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According to the report, the ANC declared a total of R32 million for the third quarter of the 2022/23 financial year, with the lion's share of the funding announced as donations in-kind.

Which companies made donations to ANC during 2022/23 financial year?

A company that has historically donated to the governing party, Batho Batho Trust, helped the ANC settle its over R80 million tax debt reported in 2020 by paying R15 million to Sars for the party.

The other contribution came from United Manganese of Kalahari (UMK), which donated R15 million. The ANC also happens to have historical ties to UMK as a shareholder.

According to News24, UMK paid the R15 million donations to the Johannesburg Expo Centre, which is the venue where the ANC hosted its national elective conference in December 2022.

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ANC gives former Eskom CEO Andre de Ruyter 7 days to back up corruption claims, Mzansi angered

In another story, Briefly News reported the African National Congress had given former Eskom CEO Andre de Ruyter seven days to prove claims he made against the ANC during an explosive television interview.

Eskom announced De Ruyter’s immediate departure after he suggested criminality and corruption at the power utility were linked to members of the ANC. On Sunday, 26 February, the ruling party challenged De Ruyter to lay criminal charges he believes are related to dodgy dealings.

ANC spokesperson Mahlengi Bhengu-Motsiri said the ruling party is committed to dealing with acts of corruption or criminality. He said the ANC would hold any perpetrators to account since corruption and criminality are enemies of the party’s commitment to building a better life for citizens, SowetanLIVE reported.

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Source: Briefly News

Authors:
Lerato Mutsila avatar

Lerato Mutsila (Current affairs editor) Lerato Mutsila is a journalist with 3 years of experience. She obtained a Bachelor of Arts in Journalism from Pearson Institute of Higher Education in 2020, majoring in broadcast journalism, political science and communication. Lerato joined the Briefly News current affairs desk in August 2022. Mutsila is also a fellow of the 2021/2022 Young African Journalists Acceleration programme, which trained African journalists in climate journalism. You can contact Lerato at lerato.mutsila@breifly.co.za