ANC in financial dire straits - report

2014-10-31 07:49
(File, AFP)

(File, AFP)

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Johannesburg - Just three months after it was reported that the ANC wanted more money for political parties, it has been alleged that the governing party is in financial doldrums and may even have to cut staff.

Some workers at Luthuli House have already complained that they haven’t been paid for more than two months, says the Mail & Guardian.

Secretary-general Gwede Mantashe has even admitted that the ANC is struggling following a R20m decrease in electoral funding when it lost 16 parliamentary seats in the last national elections.

Mantashe said he begged angry staff to “bear with us... the ship is tight”.

In July, City Press reported that the party wanted more money for political parties and was working on a national law to govern the funding of parties represented in Parliament.

“The ANC has already taken a decision to create legislation, a framework legislation for everybody, for all legislatures and local government structures, so that funding for political parties should be such that parties are able to do the work they ought to be doing,” Stone Sizani said.

Although demands for salary increases in the ANC have been denied, Mantashe has denied that plans are afoot to retrench staff, reported the M&G.

Although most private companies are hostile to the ANC, says a senior official, BEE companies in particular are backing out of their financial relationship with the party.

This is because they feel they are losing out on tenders which are being given to “established white companies”.

Last year, the party refused to name its donors, reported The Star, and called for state funding of political parties.

Read more on:    anc  |  gwede mantashe  |  politics

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