Earlier in January President Cyril Ramaphosa signed the Party Funding Bill into law. The Political Party Funding Act was meant to start operating this past Monday, but has not yet been put into effect.
This means that currently political parties are still not compelled to disclose their funders.
Zahira Grimwood, a Party Funding researcher at My Vote Counts, explains:
“It’s now up to the Independent Electoral Commission finish drafting the regulation, consider the submissions of the public comments that were given to them on the regulations and the onus will be on them now to finalise these regulations and put the Act into operation.”
LISTEN TO FULL INTERVIEW BELOW:
Important things to know about the Political Party Funding Bill
The Bill was formulated to provide & regulate sufficient funding for represented political parties through:
• The establishment and management of a public & private fund;— My Vote Counts (@MVC_SA) January 23, 2019
Statement: R2K welcomes the signing of the Political Party Funding Act. And viva to @MVC_SA for leading on this campaign! Read full statement here: https://t.co/v7bU3btPW3 #OngaziMakazi #PoliticalPartyFunding pic.twitter.com/srSRIVsQLs
— Right2Know (@r2kcampaign) January 23, 2019
