https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Market IQ RSS Feed RSS ← Back
Africa|Business
Africa|Business
africa|business
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Verification Image. Please refresh the page if you cannot see this image.

Sponsored by

Close

Article Enquiry

‘Comply with Political Party Funding Act’ – Pityana urges business, politicians

Verification Image. Please refresh the page if you cannot see this image.
Close

Embed Video

‘Comply with Political Party Funding Act’ – Pityana urges business, politicians

Busa president Sipho Pityana

22nd January 2021

By: Sashnee Moodley
Deputy Editor Polity and Multimedia

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

With the Political Party Funding Act expected to come into effect from April 1, Business Unity South Africa (Busa) president Sipho Pityana has called on political parties and business to urgently comply with the legislation.

President Cyril Ramaphosa announced the signing of the Act, on Friday, paving the way for transparent and accountable party funding.

Advertisement

The Act regulates public and private party funding and requires that donations be disclosed by parties and donors to the Independent Electoral Commission of South Africa.

Pityana said the legislation was a long time coming and pointed out that civil society had played a role in shaping it, drawing on the law’s important role in ending corruption between political parties and dubious benefactors.

Advertisement

“As organised business, we welcome the formal signing of the legislation, and trust parties will move with speed to comply. Transparency around party funding is essential as it helps us to identify funders and recipients, which holds both political parties and business to account and inhibits corruption. It also ensures greater transparency around foreign funding, which is essential given the geopolitical space we find ourselves in,” he added.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now