ANC seeks taxpayer millions as private funders close taps

ANC seeks taxpayer millions as private funders close taps

The cash-strapped ANC is looking to the taxpayer to fork out hundreds of millions of rands extra to bankroll political parties, as looming strict new funding rules and recent high-profile funding scandals have seen some private donors close the tap.

If the party’s treasurer-general, Paul Mashatile, has his way, the funds the state
allocates to political parties could increase from R164m to more than R500m a year.

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