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S.Africa tackles secretive party funding with law, but still allows anonymous donors

S.Africa tackles secretive party funding with law, but still allows anonymous donors

TIM COCKS SOUTH African President Cyril Ramaphosa signed a law on Friday requiring political parties to disclose donations of more than 100,000 rands ($6,650) in a bid to clean up party funding, but it did not ban anonymous donations. The Political Party Funding Act requires parties to make bank statements available from donations that size or greater. In addition, it "prohibits donations to parties by foreign governments or agencies, foreign persons or entities, organs of state or state-owned enterprises", a statement from his office said, apart from funding for training or policy development. Whether it is drug money sloshing through…
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