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The ANC received a financial boost to settle part of its multimillion-rand tax debt and to fund its national conference when it paid R15 million each to the South African Revenue Service and the Johannesburg Expo Centre.
More than five political parties declared their donations.
The financially-troubled ANC received R32 million in party funding in the third quarter of the 2022/23 financial year, making it the party with the most funds declared this quarter.
The MPDF aims to sustain multi-party democracy.The performance of the Fund is the clearest indication yet that funders appear to still have a preference for direct donations to political parties, the IEC said.In an effort to obtain more contributions to the Fund, the Commission has begun a process of engaging with a number of high-net worth citizens in order to introduce the MPDF.