ON MAY 17 the Electoral Commission of SA (IEC) announced that the value of donations declared by political parties in the first quarter of 2024 surpassed R100 million for the first time since the enactment of the Political Funding Act in 2018, correctly reported the Sunday Independent on May 19, 2024. This brought the total amount of the Political Party Funding Act declared donations to approximately R172.1m since 2021.
In the over R100m Political Party Funding Act declarations for the first quarter of this year, according to the report, the bulk of the money, R65m, went to the DA. It was followed by the recently formed Change