New political party funding laws will benfit voters, says IEC

The National Assembly has approved the Promotion of Access to Information Amendment Bill (PAIA) on Wednesday.

The bill compels political parties and independent candidates to make information available about donations of more than R100,000.

RELATED: 'The South African public deserve to know what government is signing us into'

Bongani Bingwa chats to the Electoral Commission of South Africa Chief Electoral Officer Sy Mamabolo to give more insight on the matter.

Political party funding is an important component of the total political system. The regulation of the private funding component is something our country has been waiting for, for a long time.

Sy Mamabolo, CEO - IEC

He says the IEC welcomes the passing of the bill.

We are aware that it is a separate bill from the Political Funding Act which President Cyril Ramaphosa accented to earlier in the year, yet both acts are complimentary and reinforces one another.

Sy Mamabolo, CEO - IEC

The IEC is in the process of finalising regulations and after it consults with political parties, it will then consult the president on the determination of the commencement date, he explains.

Even though the bill is about transperancy, it is also about the right to vote, because voting has to be an informed choice. Voters will be beneficiaries of this bill.

Sy Mamabolo, CEO - IEC

Listen below to the full conversation:


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