Cellphone airtime, funeral policies and the running of conference facilities are among the revenue streams considered. This is contained in the party's financial report delivered during the ANC's elective conference.

Fundraising is the party's most important source of revenue, contributing as much as 72% of its R1.49-billion in income since January 2008. But tougher economic times have put fundraising under pressure.

The report urged the party to make sure that the Political Party Funding Bill is passed. A grant from the Independent Electoral Commission - based on the party's share of the electorate - currently accounts for 15% of revenue.

Apart from giving itself and other political parties access to more public funds, the report showed that the ANC sees "a need to leverage on the quantity" of its membership.

The report suggested that members contribute 3% of their income to the party every month. Membership fees account for only 3% of the party's revenue.

Some of the ideas put forward to raise funds include:

• ANC merchandise - with which the organisation wants to look at "exploiting the 'brand' that is already a hit in the market place";

• Loyalty programmes at large retailers - where it sees an opportunity "to use its membership base to extract value"; and

• Provincially managed business ventures in conferencing and hotels.

The conference will today announce what model the ruling party should adopt.

Comments

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Sat May 25 14:05:55 SAST 2013 ::

Dec 20, 2012

sekhebereshe

money for what....they all have their pocket full individualy...what more do they want us to pay e-toll...i h*te ANC and i pray people will wake up and not vote for this blood suckers.
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Dec 20, 2012

maneater

The report suggested that members contribute 3% of their income to the party every month..........!!!!!!!!
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THAT IS BULLSHIT I AM CANCELLING MY MEMBERSHIP AND MOVING TO DA!!!!
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Dec 20, 2012

Dubul'Amanzi

maneater
The report suggested that members contribute 3% of their income to the party every month..........!!!!!!!!
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THAT IS BULLSHIT I AM CANCELLING MY MEMBERSHIP AND MOVING TO DA!!!!
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Instead of moving to DA,why cant you go to PAC,AZAPO etc?
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Dec 20, 2012

SOLUTIONS

Dubul'Amanzi
Instead of moving to DA,why cant you go to PAC,AZAPO etc?
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Because DA is the best alternative.
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Dec 20, 2012

!#Sinudeity#!

Dubul'Amanzi - Instead of voting ANC, why dont you vote for PAC, AZAPO etc?
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Dec 20, 2012

MommaC

I suppose we should appreciate the fact that they are just as incapable of running their own finances as they are in running the country's finances. At least they are consistent
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Dec 20, 2012

Zimzalabam1

Why raise it when you can steal it from taxpayers,who do you think youre fooling heee???
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Dec 20, 2012

Ponko.Fontoyo

Only men this side mxm
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Dec 20, 2012

!#Sinudeity#!

"It would be naive for South Africans to expect anything new from the newly elected ANC executive under Jacob Zuma because the same political and administrative ills that have hampered service delivery will persist." - Thabo Mbeki
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Dec 20, 2012

lindsay

they can raise it as long as they are not going to end up milking taxpayers and non members they can punish their stupid members as much as they want , they have my vote on that
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