VIDEO: Proposed IEC deposit increase to contest elections

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The Independent Electoral Commission of South Africa (IEC) is proposing that the deposit to be paid by parties challenging for seats in the National Assembly and provincial legislatures be increased by R100 000 to R300 000 for next year’s elections.

The amount proposed for an independent candidate wanting to challenge for a seat in the National Assembly is R20 000 per regional election and R15 000 for the provincial legislature.

In April, the IEC welcomed the signing of the Electoral Amendment Bill into law by President Cyril Ramaphosa.

The Bill was passed by both houses of Parliament in February this year.

It follows the historic Constitutional Court ruling that found that the Electoral Act was unconstitutional, as it did not allow independent candidates to contest elections at provincial and national level.