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Parties declare their millions!

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Electoral Commission said six political parties made donation declarations during the second quarter of the current fiscal year.
Electoral Commission said six political parties made donation declarations during the second quarter of the current fiscal year.

THE Electoral Commission has released the Second Quarter Disclosure Report for the 2023/24 financial year. 

The report covers the period from 1 July 2023 to 30 September 2023. 

Commission spokeswoman Kate Bapela said this is a milestone 10th report since the Party Funding Act, 2018, came into effect on 1 April 2021. 

She said six political parties made donation declarations during the second quarter of the current fiscal year. 

The six political parties are ActionSA, African National Congress (ANC), Democratic Alliance (DA), Inkatha Freedom Party (IFP), Patriotic Alliance (PA) and Freedom Front Plus (VF Plus). 

She said the value of declared donations by the six political parties made a total declaration amount of R41 093 473.53 

“This total amount includes a late donations declaration of R778 309,00 by one of the parties. The late donations declaration consists of three separate donations received by the party concerned during the fourth quarter of the previous 2022/23 fiscal year and the first quarter of the current 2023/24 fiscal year.” 

“Therefore, minus late declared amount, the net donations declared for the reporting quarter is R40 315 164,53,” she said. 

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Bapela said the largest donation was to the DA and was received from an entity known as Fynbos Kapitaal Proprietary Limited. 

She said this entity is not to be confused with Fynbos Ekwiteit (Pty) Ltd, which also made a large donation to the party in the first quarter. 

“The second largest donation came from an individual by the name of Ms M Slack. These two donors donated amounts of R15 million and R10 million, respectively. Other large donations declared by the party were received from Mr Martin Moshal with R5 million, Mr D Barnes R3 million and an international entity known as the Danish Liberal Democracy Program R1 478 230,02.” 

“The rest of the donations of individual amounts below the R1 million mark were received in a combination of monetary and in-kind donations from a number of individuals and one regular international donor,” she said. 

Bapela said ActionSA’s two largest donations were received from two individual donors, namely, the party leader, Herman Mashaba, with R2 million and Martin Paul Moshal, with R1 million, who is a regular donor to the party and has also donated to the DA as indicated above. 

She said that the rest of the donations were received from several sources, including an entity that is equally a regular donor to the party, Shave & Gibson Group (Pty) Ltd, valued at R150 000,00.  

Further donations were made by another entity known as Petrocam Trading (Pty) Ltd, valued at R200 000,00 and an individual who is also a leader of the party, Alan Beesley, valued at R108 000,00. 

“All of ActionSA’s declared donations were in monetary terms. For the PA only one monetary donation made by the party leader, Mr Gayton McKenzie. The value of the declared amount is R225 000. VF Plus donations were in-kind in the form of 30 wheelchairs and 2 000 kilograms of rice.” 

“The respective value of these in-kind items is R75 000,00 and R56 000,00. Late declarations for the reporting quarter, all of the ANC’s declared donations were late declarations. These comprise donations from three entities known as Elohim Erets Retailers CC R150 000,00, Iceburg Trading R428 309,00, and Phepha MV Security Services (Pty) Ltd R200 000,00,” she said. 

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