The Political Party Funding Act funding public hearings are taking place this week in Parliament to discuss the draft regulations.
The act includes a ban on foreign donations and requires parties to disclose all donations above R100,000
Cosatu parliamentary coordinator Matthew Parks discusses the trade union federation's Thursday's submission with Africa Melane, standing in for Kieno Kammies.
Cosatu believes the R100,00 threshold opens up a loophole that may be abused.
Our fears about the threshold are that you will get some clever chap with the wrong motives who will simply donate R99,000 to a party, knowing that the party won't have to disclose the donation.— Matthew Parks, Parliamentary coordinator - Cosatu
The federation wants all donations to be disclosed so that it is fully transparent.
We want it rescinded.— Matthew Parks, Parliamentary coordinator - Cosatu
Listen to the interview below: