A closer look at parties’ financial expenses at the just concluded municipal election indicates that the election really cost them an arm and a leg.
The African National Congress (ANC) emerged the biggest spender in the election; after coughing up the sum of R1 billion.
Trailing the ruling party is its biggest opposition party – the Democratic Alliance. Reports said the Maimane-led party doled out a total sum of R350 million in order to emerge victorious in the municipal election.
Julius Malema’s radical party – the Economic Freedom Fighters (EFF) disclosed that the three-year-old vibrant party spent just R10 million in the municipal election.
South Africa’s fourth largest party, the Inkatha Freedom Party (IFP) led by Mangosuthu Buthelezi said a total sum of R20 million was lavished in the just concluded elections.
In South Africa, political parties represented in the national legislative fund usually receive campaign funds from Parliament and the IEC.
BuzzSouthAfrica gathered that in the last financial year, political parties received a huge sum of money from both Parliament and IEC – funds primarily designated for constituency maintenance and election campaigns.
A total sum of R331m was given by Parliament while the IEC shared a total sum of R121m to political parties.
The majority party – ANC, got the lion’s share of the funds from the two institutions.
Financial reports tabled before the National Assembly showed the IEC gave the ANC R72m; the DA got R26m; the EFF was handed R9.8m; the IFP got R3.4m while the Freedom Front Plus went home with R1.7m.
The National Freedom Party, which did not participate in the polls, received R1.9m from the IEC while Bantu Holomisa’s UDM received R1.3m from the electoral body.
COPE only received R1.6m, which was much lower than the R10m it received when it had 30 MPs.
On May 31, South African NGO ‘My Vote Counts’ demanded access to the financial information of the 13 political parties represented in Parliament. According to the organization, Parliament has a constitutional obligation to enact specific legislation to mandate political parties to reveal the source of their funds.
Meanwhile, a court application lodged by the Right2Know campaign and other NGOs is due to be heard in the high court in Cape Town in coming weeks.
The NGOs had gone to court to secure an order that parties must vent to the public their sources of funding.