R2K Statement: Parliament must do more to boost transparency in party politics!
12 June 2018
On Friday 08 June, Right2Know made a submission to the National Council of Provinces (NCOP) on Parliament’s Political Party Funding Bill to call for more to be done to ensure full transparency in the funding and finances of South Africa’s political parties, and to ensure a healthy multi-party democracy.
The people of South Africa have a right to know who is bankrolling the political parties and candidates that seek their votes, and how those funds are spent.
Lower the threshold for disclosure
The current Bill exempts donations below R100,000 from being subject to disclosure. In our view this threshold is too high and may exclude the majority of donations that parties receive. The minimum threshold for disclosure should be reduced from R100 000 and should be set no higher than the average household monthly income.