Parliamentary committee approves party funding bill

Parliament’s ad hoc committee on the funding of political parties approved the political party funding bill on Tuesday. But this is not the end of the road for the bill.

ANC deputy chief whip, and member of the committee, Doris Dlakude explained that the committee’s report, which includes the bill, would be tabled in the National Assembly on Thursday. Each party will have the opportunity to have its say on the bill, in the form of declarations which lasts three minutes.

The public will have another opportunity to comment on the bill after it is tabled.

“When we come back next year, after the budget, we will debate the bill,” said Dlakude.

The bill will then be referred to the National Council of Provinces.

The 11-member multi-party committee was charged with inquiring into, and making recommendations on, the funding of political parties represented in national and provincial legislatures, with a view to introducing amended legislation, if required, reads a statement from the committee released after its meeting.

It was to consider a model of public and private funding for political parties and the desirability of regulating private funding in all its forms, including investment entities owned by political parties.

The committee has recommended a repeal of the existing legislation and has developed a new framework to address the weaknesses identified.

“We are confident that the process was transparent, inclusive and will stand the test of time. We began by inviting written and oral comments on the existing legislation and received 17 from individuals and organisations,” said ad hoc committee chairperson Vincent Smith.

In the bill, the committee recommends that the Represented Political Party Fund and the proposed Multi-party Democracy Fund be managed by the Independent Electoral Commission (IEC). It further says that the two funds should be managed by a separate business unit, with its own chief executive.

The committee thanked the individuals, organisations and other stakeholders who participated in the process and contributed to the development of the bill. – News24

Jan Gerber
Jan Gerber
Journalist & photographer. Parliamentary reporter for News24
Advertisting

Mabuza’s ‘distant relative’ scored big

Eskom’s woes are often because of boiler problems at its power plants. R50-billion has been set aside to fix them, but some of the contracts are going to questionable entities

ANC faction gunning for Gordhan

The ambush will take place at an NEC meeting about Eskom. But the real target is Cyril Ramaphosa

Despite tweet, Zuma keeps silent about providing his taxpayer information

The Public Protector has still not received confirmation from former president Jacob Zuma that she may access his tax records —...

Ahead of WEF, Mboweni will have to assure investors that...

The finance minister says despite the difficult fiscal environment, structural reforms are under way to put SA on a new growth path
Advertising

Press Releases

New-style star accretion bursts dazzle astronomers

Associate Professor James O Chibueze and Dr SP van den Heever are part of an international team of astronomers studying the G358-MM1 high-mass protostar.

2020 risk outlook: Use GRC to build resilience

GRC activities can be used profitably to develop an integrated risk picture and response, says ContinuitySA.

MTN voted best mobile network

An independent report found MTN to be the best mobile network in SA in the fourth quarter of 2019.

Is your tertiary institution is accredited?

Rosebank College is an educational brand of The Independent Institute of Education, which is registered with the Department of Higher Education and Training.

Is your tertiary institution accredited?

Rosebank College is an educational brand of The Independent Institute of Education, which is registered with the Department of Higher Education and Training.

VUT chancellor, Dr Xolani Mkhwanazi, dies

The university conferred the degree of Doctor of Science Honoris Causa on Dr Xolani Mkhwanazi for his outstanding leadership contributions to maths and science education development.

Innovate4AMR now in second year

SA's Team pill-Alert aims to tackle antimicrobial resistance by implementing their strategic intervention that ensures patients comply with treatment.

Medical students present solution in Geneva

Kapil Narain and Mohamed Hoosen Suleman were selected to present their strategic intervention to tackle antimicrobial resistance to an international panel of experts.