IEC Report Reveals That the Democratic Alliance Received Over R32 Million in Funding

IEC Report Reveals That the Democratic Alliance Received Over R32 Million in Funding

  • The Independent Electoral Commission's latest political party funding declarations report revealed that the Democratic Alliance was the most funded in 2025
  • The Democratic Alliance received more than R32 million in the first quarter of the year, compared to the ANC, which received over R7 million
  • South Africans discussed the funding declarations, and some slammed the parties and the funding they received

With over seven years at Daily Sun and Vutivi Business News, Tebogo Mokwena, a Briefly News current affairs journalist, offered insights into South African politics, national, provincial, and local governance, the Government of National Unity, political parties, and Parliament.

The Democratic Alliance received over R32 million from donors
The DA's donors gave the party over R32 million. Image: Per-Anders Pettersson/Getty Images
Source: Getty Images

JOHANNESBURG, GAUTENG The Democratic Alliance (DA) was the most-funded political party for the first quarter of the 2025/2026 financial year.

The Independent Electoral Commission (IEC) published its Published Declaration Report for the first quarter on 28 August 2025. The report showed that only three parties, namely the DA, the African National Congress, and ActionSA, made submissions and revealed their donors.

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The Democratic Alliance received R32,229,474.29. The party's largest donors were Fynbos Ekwiteit, which donated R10 million, and Fynbos Kapitaal Proprietary Limited, which donated R15 million. Both companies are linked to the founder of Capitec, Michiel Le Roux, who is a frequent donor to the party.

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The Democratic Alliance received R25 million from two donors
The DA received over R30 million in donations. Image: Brenton Geach/Gallo Images via Getty Images
Source: Getty Images

The African National Congress declared R7,661,000, which it received from Chancellor House Trust. ActionSA received R520,000 from its president, Herman Mashaba. In total, the political parties received just over R40 million.

Political parties' donors

The Political Funding Act came into effect on 1 April 2021. The act required that political parties disclose the donations they received and their donors. The act also prohibited political parties from receiving international donors.

In 2024, the Democratic Alliance declared the largest amount for the fourth quarter of the 2023/2024 financial year. It received donations from Gap Infrastructure, Naspers, and African Rainbow Minerals, owned by Patrice Motsepe.

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What did South Africans say?

Netizens commenting on Facebook shared their views.

Johann Van Eck asdked:

"IOL, do you really believe that the ANC received only R7 million?"

Jabu Mahlangu asked:

"Who in his right mind would fund the corrupt and incompetent ANC except when the money they are using was stolen from the government?"

Lucky Njoms said:

"The DA, being funded by Israel, needs to consolidate Cape Town."

Courtney Bairds asked:

"Where does Herman get so much money?"

Hooli Tee said:

"Does it matter who funds whom? There is no political party that cares for the people. It's all about gaining power so they can get their turn to eat."

Ivor Blumenthal asked:

"So how does the ANC cover a R100 million printing budget shortfall and then fund a National Election with R7 million on donations?"

Patrice Motsepe the highest donor

In s related article, Briefly News reported that billionaire Patrice Motsepe donated R13 million to five political parties in 2022. This was according to the IEC.

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The donations were made through Harmony Gold and African Rainbow Minerals, which belong to Motsepe. He donated to the Economic Freedom Fighters, the ANC, and the DA, among others.

Source: Briefly News

Authors:
Tebogo Mokwena avatar

Tebogo Mokwena (Current Affairs editor) Tebogo Mokwena joined Briefly News in 2023 and is the Deputy Head of Department for the Current Affairs desk. He has a Diploma in Journalism from ALISON. He joined Daily Sun, where he worked for 4 years covering politics, crime, entertainment, current affairs, policy, governance, and art. He was also a sub-editor and journalist for Capricorn Post before joining Vutivi Business News in 2020, where he covered small business news, policy and governance, analysis, and profiles. Tebogo passed a set of trainings by Google News Initiative Email: tebogo.mokwena@briefly.co.za