CHARLES MOLELE
THE much-awaited Political Party Funding Act will finally come into effect as from April 1, the Presidency announced on Friday.
The Political Party Funding Act, which was signed into law by President Cyril Ramaphosa in January 2019 but delayed as a result of legal consultations and the Coronavirus pandemic, is aimed at regulating public and private funding of political parties.
The party funding act prohibits donations to parties by foreign governments or agencies, foreign persons or entities, organs of state or state-owned enterprises (SOEs).
Parties may, however, receive funding from foreign entities for training, skills development or policy development, but no member of a political party may receive a donation other than for political party purposes.
According to a statement issued by the Presidency on Friday, “the Act establishes funds to provide political parties represented in Parliament and legislatures with funding to undertake their work. It also requires
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