PoliticsPREMIUM

Gwen Ramokgopa pours cold water on claims Iran has been funding ANC

ANC treasurer general dismisses allegations of foreign financing as reason to increase SA tariffs

ANC treasurer-general Gwen Ramokgopa in Joburg. Picture: BUSINESS DAY/ FREDDY MAVUNDA
ANC treasurer-general Gwen Ramokgopa in Joburg. Picture: BUSINESS DAY/ FREDDY MAVUNDA

ANC treasurer-general Gwen Ramokgopa has dismissed claims that the party’s financial turnaround can be attributed to financing from Iran, insisting instead that its finances have been stabilised by internal reforms rather than questionable foreign contributions. 

“Most of the issues cited as reasons to increase the tariffs for SA have no basis, including the one of the ANC getting funds from Iran,” Ramokgopa told journalists this week. 

Her comments come as SA faces growing protectionist trade policies from the US, its second largest trading partner, with some US congresspeople raising questions over Pretoria’s foreign policy alignments and the ANC’s sources of funding.

In July, a bill by Republican Ronny Jackson passed through committees in the House of Representatives. It has, however, not been voted on by the full House, which is in recess until September, so no further action is expected before then. 

Allegations of Iranian support have circulated in political circles and media reports since 2024.

Claims that the ANC was receiving funding from Iran were initially sparked by a former CEO of the SA Institute of Race Relations (IRR), shortly after SA filed its case against Israel at the ICJ. The claim was later reported by various Israeli media publications.

However, the claim was not backed up by evidence. Data from the National Treasury shows the ICJ case is funded from SA’s internal budget.

For 2025/2026, R35m has been allocated for the ICJ case against Israel for alleged human rights violations in Gaza. A further R36.6m is allocated in 2026/27. 

The ANC’s financial difficulties have been widely reported in recent years, with recurring salary payment delays and concerns about the sustainability of its operations.

Ramokgopa said progress had been made in stabilising the balance sheet, partly by improving efficiency and broadening the pool of service providers the party relies on.

“We are not where we need to be, but we are encouraged by the progress that has been made,” Ramokgopa said. 

However, she conceded that the party’s financial troubles remain, mainly because of the limits of disclosure in the Political Party Funding Act.

These regulations were recently amended by president Cyril Ramaphosa after recommendations by the National Assembly. 

The restrictions on private donations for political parties has eased with the disclosure threshold for the upper limit doubling to R200,000 and the annual cap raised from a single entity increased from R15m to R30m. 

“The companies are very reluctant to do that [make donations]. Even companies that are owned by those who are known to be ANC members are reluctant,” she said.

Ramokgopa said the ANC had requested donors that are reluctant to directly donate to the party to instead donate to the multiparty Democracy Fund, which is administered by the Electoral Commission of SA (IEC). 

“The first fund comes from the fiscus and it’s not adequate. The second fund, of the IEC, is the multiparty fund and a number of companies have started to contribute there instead of individual political parties and that is a better environment for them,” she said. 

Parties represented in parliament disclosed a combined R231m in donations during the 2024/25 financial year.

The IEC said in its latest declarations report that parties reported R14.19m in contributions in the fourth quarter of the fiscal year where only ActionSA, the DA and the ANC disclosed their sources of funding.

maekot@businesslive.co.za

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