Companies should fund political parties – Zweli Mkhize

2013-11-11 10:51

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ANC treasurer general Zweli Mkhize wants companies to fund political parties and has suggested the establishment of a trust fund.

“This is about supporting democracy without being partisan,” he was quoted by the Sowetan today.

“[Businesses] must pay millions, but this should not stop them from supporting parties of their choice.”

He argued business had gained through peace and democracy.

“If there is unrest or community protests, there will be no business... political parties have to hold meetings with communities to find solutions.”

Mkhize said he was prepared to call a meeting with major businesses to discuss a proposal for the establishment of a trust fund into which companies could deposit their donations.

The fund could be administered by the office of the Speaker of the National Assembly, which would allocate the funds in line with proportional representation of parties.

“I believe there are businesses thriving because of stability and peace created by democracy, but they do not want to contribute,” he reportedly said.

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