Naspers gives R2 million to the ANC and DA

The Electoral Commission’s latest political funding disclosure report reveals that Naspers gave R2 million to the ANC and the DA.

The Electoral Commission’s fourth quarter political funding disclosure report reveals that Naspers gave R2 million to the ANC and the DA.

In the first three months of the year, political donors gave R172 million to South Africa’s political parties. Other big beneficiaries include the Inkatha Freedom Party , which received R20 million, the African National Congress , which received R17 million, and Rise Mzansi, which received R15 million.

Other large companies, like African Rainbow Minerals and Harmony Gold, gave proposal funding to the ANC, DA, EFF, and FF Plus.It may be that it did not want to support the business-unfriendly and leftist EFF and favoured the centrist DA. Its significant holding in the Chinese technology giant Tencent through Prosus accounts for most of Naspers’ value.

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