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Eyewitness News
8 hours ago
- Business
- Eyewitness News
Godongwana thinks political parties should be wholly funded from national fiscus
CAPE TOWN - Finance Minister Enoch Godongwana is of the view that political parties should be wholly funded from the national fiscus and not have to accept private donations. Speaking to the Independent Electoral Commission (IEC)'s political funding conference in Durban on Thursday, Godongwana said it's unacceptable that some political parties don't submit annual audited financial statements. Godongwana's own political party, the African National Congress (ANC), was among those fined by the Electoral Court last year for falling foul of the law in this regard. The finance minister questioned whether the IEC was the appropriate body to keep political parties in check over their finances, saying it puts the institution at risk of accusations of bias and a lack of independence. "I'm from the ANC. When they do it to us, we say they've been captured. When they do it to another party, they say Ramaphosa has sent them." With a court challenge still pending over plans to double the annual private funding limit to R30 million, while also raising the threshold for declaring donations to R200,000, Godongwana said he hoped the matter was settled before next year's local government elections. He said that the conference should consider the implications of political parties purely being funded by the state. "That raises the question: What is the optimal level of funding and what is the criteria for that? We complain that departments are inefficient. Should we fund political parties for inefficiencies as well?" Godongwana also hinted that if the revenue allowed, more money could be set aside to fund next year's local government election, in addition to the R1.4 billion already allocated in this year's budget.
Eyewitness News
8 hours ago
- Politics
- Eyewitness News
Symposium thrashes out solutions to strengthening political funding law
CAPE TOWN -The influence of donor funding on the country's political landscape is one of the public concerns under discussion at a symposium on political funding underway in Durban. The symposium aims to put forward proposals to Parliament on how to strengthen the political funding law that is still under regular contestation from civil society groups. Just last month, Parliament decided to double the annual limit for receiving private funding to R30 million a year. READ: Godongwana thinks political parties should be wholly funded from national fiscus As the oversight body for the declaration of donor funding, the vice chairperson Electoral Commission of South Africa (IEC), Janet Love, said ahead of next year's local government elections, concerns have been raised that the Political Party Funding Act does not cover parties that only contest at local level. Seventy percent of respondents in a Human Sciences Research Council study said they were worried about the transactional nature of politics and capture by the elite who fund political parties. Love said the income of political parties and not their expenditure, has until now dominated the discourse on political funding. "The expenditure in campaigns, which has a more immediate effect on enabling a level playing field on the one hand and a more important impact on election outcomes is not the focus at the present." Love said despite political parties being required to submit regular reports on their funding sources, there are shortcomings in monitoring and investigating compliance as well as enforcement of the law.
IOL News
13 hours ago
- Lifestyle
- IOL News
Two Lotto winners share almost R79 million jackpot
All winners have 365 days from the draw date to claim their winnings. Image: File image TWO participants have won the Lotto jackpot totaling just under R79 million from draw number 2551 on Wednesday, June 18. The first winning ticket was purchased through a banking app with a R200 wager using the quick pick selection method. The second winning ticket was purchased at a Day and Night Superstore in Johannesburg with a R30 wager using the same method. The co-winner, who played via a banking platform, has been notified of their winnings by their bank and Ituba, the operator of the National Lottery, has urged the in-store participant to check their tickets. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ "This draw not only produced 1 multi-millionaire, but two. Both winners will walk away with significant amounts of money that will undoubtedly change their lives," said Charmaine Mabuza, the CEO of Ituba. "The winner service team is eagerly awaiting the arrival of these winners and ready to help and support them every step of the way." All winners have 365 days from the draw date to claim their winnings, and all National Lottery winnings are tax-free. THE POST
The South African
13 hours ago
- Business
- The South African
Lucky Lotto jackpot winner turns R30 wager into R39.5 MILLION!
ITHUBA, operators of the National Lottery in South Africa, have confirmed that there were two winners of the Lotto jackpot on Wednesday, 18 June. The jackpot stood at R78 977 677.80, meaning each of the winners will pocket R39 488 838.90. The first winning ticket was purchased through the Standard Bank banking app with a R200 wager using the quick pick selection method, while the second winning ticket was purchased at a Day and Night Superstore in Yeoville in Johannesburg, with a R30 wager, also using the quick pick selection method. The winner who played via a banking platform has been notified of their winnings by their bank, while ITHUBA has urged everyone else who bought a ticket in-store to check their tickets. The winning numbers were 10, 13, 27, 30, 38, 39 and the bonus ball was 16. 'This draw not only produced one multi-millionaire, but two! Both winners will walk away with significant amounts of money that will undoubtedly change their lives,' says ITHUBA CEO, Charmaine Mabuza. 'The winner service team is eagerly awaiting the arrival of these winners and ready to help and support them every step of the way,' Mabuza added. To help winner's enjoy lasting benefits from their winnings, ITHUBA offers access to certified financial experts who provide valuable financial insights for winners of R50 000 and above. All winners have 365 days from the draw date to claim their winnings, and all National Lottery winnings are tax-free . Participants can check their tickets at retail stores or online through the National Lottery website or social media pages as there are more winners in other divisions. Players must be 18 years or older. Play responsibly. Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
The Citizen
a day ago
- Sport
- The Citizen
R30 000 at stake on Saturday
BOPHELONG.- The Duku Duku Super16 Winter Soccer Tournament will conclude this coming weekend. The 4th annual Kasi football tournament began over the long weekend earlier this month with knockout stages and will conclude on Saturday. There will be action galore with the big guns in kasi football and the winner will smile all the way to the bank with a R30 000 cheque. The tournament organisers promise a humdinger come Saturday. The finals will take place at France's dusty soccer ground in Ext 15, Movhango. The day's programme will start at 9:00 with the first semi-final and 12:00 with the second semi-final. There will be curtain raisers for the final as local soccer legends will face each other to entertain the crowd. Speaking to Sedibeng Ster Sport, Molife 'Duku Duku' Mahlangu said this year's tournament saw some exciting new talent all over Sedibeng. He told Sedibeng Ster Sport that there will be a hive of activities on the day of the final, with local soccer fans expected to come in big numbers to watch the much-anticipated match. Mahlangu said Bophelong is expected to come to a standstill. 'I can't wait, and believe the soccer fans also can't wait for Saturday. We witnessed a high standard of football since the start of the tournament. I do not doubt that we will be spoiled with exciting football. We thank the Bophelong and Movhango communities for their support since the tournament started. I do not doubt that they enjoyed the talent that was displayed. We also thank every supporter, especially our stakeholders. Duku Duku Tournament is a platform to showcase local talent. We always invite scouts,' said Mahlangu. At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
