Businesses shun democracy fund, leaving IEC with a measly R45m after five years

CR17 campaign received at least R300m in donations

- By Tshwarelo eseng Mogakane

The Electoral Commission of SA (IEC) is grappling with a major setback in its efforts to build a sustainable democracy fund, as contributions from businesses and individuals remain painfully low despite the fund's critical role in protecting South Africa's sovereignty.

During a press briefing this week, IEC chief electoral officer Sy Mamabolo indicated that contributions to the multiparty democracy fund (MPDF) have been poor. He said businesses found it difficult to pour money into the fund when no tax breaks were guaranteed for them.

The fund was established to discourage direct sponsorship of political parties, guard against regime installation, and ensure that South Africa’s sovereignty is never undermined.

In a followup exclusive interview with Sunday World, IEC spokesperson Kate Bapela disclosed that in five years, the fund has received over R45.7million.

“Adequate funding of the MPDF is a democratic imperative, ensuring inclusivity, fairness, and sustainability in the political system,” Bapela said.

Records seen by