The National Assembly has adopted the Promotion of Access to information Amendment Bill (PAIA) and once signed into law by President Cyril Ramaphosa, political parties and independent candidates will have to disclose private funders who donate to them.
The Promotion of Access to Information Act (PAIA) Amendment Bill makes it an obligation for the head of a political party – including independent candidates – to create and keep records of any donation exceeding the prescribed threshold in any given financial year.
This threshold is currently set to include any donations exceeding R100,000.
Political parties are also required to:
- Record the identity of the persons or entities who made such donations;
- Make the records available every quarter;
- Keep the records for at least five years after the records concerned have been created.
Chief Justice Mogoeng Mogoeng ordered Parliament to amend the PAIA and "take any other measures it deems appropriate" to provide for this within 18 months.
This deadline expires on December 20.