ANC's Mkhize: political party funding should come from public purse

ANC Treasurer General Dr Zweli Mkhize says political party funding needs to be regulated to avoid the undue influence of donors in political processes.

Parliament has agreed to the formation of a multi-party ad hoc committee to look into the funding of political parties.

The inquiry will investigate whether public funding of political parties is adequate and will also consider the need to regulate private funding, including its disclosure.

The 11 member committee will have six MPs from the ANC, two from the DA, one from the EFF and two representing the other parties.

It must report back to the National Assembly by 30 November 2017.

Mkhize proposes that political party funding should come from government in order to curb external influences and to address party proportional representation.

It should not so much be about parties raising their own funds, there must be a strong say of the public on how funds are received.

Zweli Mkhize, ANC's Treasurer General

The funding should be coming from the public purse, then you know that anyone out there is not going to manipulate a party.

Zweli Mkhize, ANC's Treasurer General

It must be about balance... There must be degree of regulation and some degree of transparency and the public purse must carry a more significant load.

Zweli Mkhize, ANC's Treasurer General

He shared the main sources of ANC funding and admitted that the Gupta family made a R 5 million contribution, two years ago.

He says that ANC funders are properly documented in order to ensure that everything is above board.

Mkhize maintains that donors do not have any influence on political processes and says they have the right to confidentiality.

At the same time, Mkhize says he would accept on a nomination for ANC presidency if asked to lead the party in the coming elective conference.

Take a listen to the engaging discussion:


This article first appeared on CapeTalk : ANC's Mkhize: political party funding should come from public purse


Recommended

by THE NEWSROOM

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
SABC TV news staffers threaten to strike over 'unlawful' production unit merger

SABC TV news staffers threaten to strike over 'unlawful' production unit merger

The Television News Technical Personnel say the SABC must undo the merger or news employees will go on strike, union Bemawu warns.

Cosatu: planned strike against state capture a unanimous decision

Cosatu: planned strike against state capture a unanimous decision

Cosatu general secretary Bheki Ntshalintshali says the federation is united in its call for nationwide strike action on Wednesday.

ANC policy conference can be seen as proxy for Dec elective conference - analyst

ANC policy conference can be seen as proxy for Dec elective conference - analyst

Political analysts Lukhona Mnguni and Sthembile Mbete reflected on the ANC succession battle and the upcoming policy conference.

Disclosure of party funding will eliminate political capture says ANC Chief Whip

Disclosure of party funding will eliminate political capture says ANC Chief Whip

Jackson Mthembu says it is important that parties are transparent about who funds them.

Xolani Gwala supports the call for transparency on political party funding

Xolani Gwala supports the call for transparency on political party funding

Gwala says knowing who funds the political parties will help citizens understand policy positions of the parties.

Political party funding: Court dismisses bid for transparency

Political party funding: Court dismisses bid for transparency

An application to compel political parties to disclosed their funding has been dismissed amid the Chancellor House/Hitachi deal being the focus of criminal charges.

Popular articles
Minister Zwane confirms trips to Dubai and Switzerland

Minister Zwane confirms trips to Dubai and Switzerland

EWN parliamentary correspondent Gaye Davis says Mineral Resources Minister Mosebenzi Zwane received detailed and tough questions.

Zweli Mkhize 'taken by surprise' with latest cabinet reshuffle

Zweli Mkhize 'taken by surprise' with latest cabinet reshuffle

The ANC treasurer-general confirmed Mantashe’s comments that the President did not consult the ANC leadership on the reshuffle.

"Duduzane Zuma is the Gupta family's greatest asset"

"Duduzane Zuma is the Gupta family's greatest asset"

Sunday Times journo Thanduxolo Jika who broke the front page story about the Gupta family emails vouches for their authenticity.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

‘My worst fear is being 80 years old and poor’ – famed actor Dr. John Kani

‘My worst fear is being 80 years old and poor’ – famed actor Dr. John Kani

"My earliest memory of money is my father saying, ‘Why do you want to do this thing? How are you going to feed the family?'"

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Elon Musk, as you’d expect, hails from an exceptional family. Bruce Whitfield interviews his Capetonian father.