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2024-03-14 ANC funding
14 March, 2024   Governance

The African National Congress (ANC) disclosed to the Electoral Commission of South Africa that it had received R148.4 million in donations between April 2021 and December 2023.

Over half of this financial support came from established trusts such as Batho Batho and Chancellor House, with an additional quarter sourced from mining companies.

Notably, Batho Batho and Chancellor House solely allocated their contributions to the ANC, collectively providing R82.5 million, which constituted 19% of the total donations declared to the IEC.

Among the ANC’s top backers is the United Manganese of Kalahari, offering a significant R30 million, half of which was categorised as ‘in kind’ donation. This classification signifies contributions in goods, services, or assets.

Furthermore, Botho Botho Commercial Enterprises, Harmony Gold, and African Rainbow Minerals, affiliated with billionaire Patrice Motsepe, collectively donated R29.3 million.