Ramaphosa approves R30 million annual donation cap for political parties in South Africa

Ramaphosa approves R30 million annual donation cap for political parties in South Africa

My Vote Counts to request Ramaphosa for full records of Funding Act - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

NGO My Vote Counts (MVC) says it will be writing to President Cyril Ramaphosa to request that he releases the full record of the reasons he considered amendments to the Political Party Funding Act earlier this month when he signed into law. Ramaphosa assented to doubling the upper limit of donations to political parties from R15 million to R30 million and the threshold for disclosure of donations, from R100 to R 200 000. This follows the regulat…