ARTICLE: POLITICAL FINANCE – WHAT MATTERS
The Ad Hoc Committee on the Funding of Political Parties recently held public hearings on the Draft Political Party Funding Bill of 2017 (Draft Bill). The Draft Bill seeks to regulate the public and private funding of political parties. The underlying premise of the Draft Bill is that the contestation of electoral politics should be fought on an equal and fair basis, with the citizen as core consideration.
The reality however, is not the case as the increasing influence of money in politics appears to dominate electoral discourse, as opposed to an interrogation of positions, policies and principles.
South Africa is no stranger to the transactional nature of politics and in recent times #GuptaLeaks has exposed the invidious underbelly of politics in the country. This series of leaks has hastened the calls for greater commitment to transparency and accountability and for disclosure to become norm in political life and practice.