• Its heavy reliance on private donor funding is a threat to its overall sustainability.
• When private entities fund political parties, they do so to serve their own interests.
• Some private donors have funded the party with an expectation to receive benefits through corruption.
• Political parties exist as public entities.
The PPFA aims at unveiling the mask of secrecy around private party funding that is needed to ensure an accountable political system. Amending the Act to increase the disclosure and maximum donation thresholds, wholly undermines the purpose of the Act.
We believe that the ANC should rather place its focus on improving public funding to political parties as a way to break away from its private donation reliance. We have recently published a position paper and opinion piece about public funding which investigates its many benefits.