HOW much each vote cost South Africa’s political parties in 2024

HOW much each vote cost South Africa’s political parties in 2024

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Here’s how much each vote cost South Africa’s major political-party backers in 2024. Following last night’s official announcement of the final tally of votes, we thought it prudent to cross reference them with how much disclosed funding each political party received. The Electoral Commission of South Africa (IEC) makes such information widely available on its website. So, for the South Africa’s major political backers, which party delivered the best return on investment? And who underdelivered massively?

HOW MUCH EACH VOTE COST IN 2024

President of the African National Congress (ANC) Cyril Ramaphosa delivers his remarks after the official announcement of the South African general election results in the Independent Electoral Commission (IEC) National Results Center on Sunday 2 2024. Image: Michele Spatari/AFP

Here we will break down how many votes each political party received nationally in 2024 versus how much private funding it benefitted from, according to Business Tech. Note that the total funding figures run from 2023 up to March 2024, at the last party funding declaration by the IEC. Plus the IEC also funds each party based on the number of seats it’s held previously in the National Assembly:

Position Party Votes Funding Rands per vote
1. ANC 6 459 683  R30 million R4.64
2. DA 3 505 735 R61 million R17.41
3. MK 2 344 309  undisclosed unknown
4. EFF 1 529 961 undisclosed unknown
5. IFP 618 207  R303 505 R0.49
6. PA 330 425 R7.3 million R22.15
7. VF+ 218 850 R131 000 R0.59
8. Action SA 192 373  R29 million R152.85
9. ACDP 96 575 undisclosed unknown
10. UDM 78 488 undisclosed unknown
11. Rise Mzansi 67 975 R16.7 million R245.67
12. BOSA 65 912 R15.5 million R235.16
*figures correct as of March 2024. Supplied by official IEC private funding declaration document

QUESTIONS REMAIN

how much each vote cost
Independent Electoral Commission (IEC) officials sort ballots during counting at Itereleng informal settlement polling station in Pretoria on May 29, 2024, during South Africa’s general election. Image: Phill Magakoe/AFP

Following widespread condemnation of the IEC over fairness and accuracy of the 2024 vote, several questions remain unanswered over party funding. Specifically, over undisclosed funding amounts for the big winners in 2024. Namely, MK in third and the EFF in fourth.

Nevertheless, these funding figures – which don’t include any last-minute contributions from March-May 2024 and could skew the figures even further – certainly don’t make happy reading for many underperforming parties. Backers of the following parties got the least amount of return in votes for their Rands spent …

  • Rise Mzansi – R245.67 per vote
  • BOSA – R235.15 per vote
  • Action SA – R152.85 per vote
  • PA – R22.15 per vote
  • DA – R17.41 per vote

Meanwhile, if the disclosed figures are to be believed, the IFP (R0.49) and VF+ (R0.59) provided relatively good value for money for the seemingly meagre input by their backers.  

HAVE YOUR SAY

Time to have your say. Was the election free and fair. And how can the MK and EFF be allowed to not disclose party funding like the others? Image: Duncan P Walker

Can you believe how much each vote cost South Africa’s major political party backers? Do you believe there could and should have been a recount by the IEC? Be sure to share your thoughts with our audience in the comments section below. And don’t forget to follow us @TheSANews on X and The South African on Facebook for the latest updates. Click the links below to check out trending stories in the last 24 hours on our website …

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