President Ramaphosa assents to legislation strengthening multiparty democracy
7 May 2024
President Cyril Ramaphosa has signed into law two Bills expanding financial resources for South Africa’s multiparty democracy, including support for independent candidates and representatives.
The President has assented to the Second Adjustments Appropriation Bill which provides for a net movement of R290 million across functions and economic classifications in line with the requirements of the state.
Furthermore, the Bill provides additional financial support to a number of departments and institutions, including R200 million to the Department of Home Affairs for the purpose of transferring the money to the Independent Electoral Commission for the Represented Political Parties Fund.
The aim of the Fund is to provide funding for political parties represented in the national and provincial legislatures.