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Home News

Herman Mashaba addresses Oppenheimer funding backlash

Herman Mashaba confirms SA's wealthiest are ready to back him.

Andile Sicetsha by Andile Sicetsha
2021-11-19 10:56
in News
herman mashaba

Photo: Sourced from @HermanMashaba / Twitter

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ActionSA leader Herman Mashaba clawed his way back from a heap of backlash to clarify the presence of the Oppenheimer family on his political party’s fund list.

Herman Mashaba response to Oppenheimer backlash

The IEC, on Thursday, published the party funding declarations report for the 2021 municipal elections, showing the donors backing each political party.

ActionSA, a new political movement enjoying a great deal of momentum in growth, was the third-most backed party in the three months leading up to Election Day (July – August 2021).

Mashaba’s party declared R16.923 million of donations made up of cash transfers and in-kind. The latter, in this context, refers to cashless donations like printing and providing election campaign merchandise, marketing collateral and consulting.

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ActionSA received more than R3. 333 million from Rebecca Oppenheimer, granddaughter of Harry and Brigdet Oppenheimer.

In fact, considering the donations it received from a Jessica Slack-Jell and Victoria Freudenheim, individuals with close links to Rebecca, ActionSA received a shade below R10 million from the Oppenheimer network.

The transactions, according to the declarations report ,were made within 24 hours, between 16 and 17 September 2021, each R3 333 million.

Business magnate Martin Moshal also shelled out R5 million to Mashaba’s party, showing the true intent from South Africa’s one-percent in bolstering ActionSA’s ambitions.

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In his statement, released as a response to the backlash that came from the ‘RET’ community, Mashaba implored his followers to recognise the transparency ActionSA has shown by declaring and, effectively, publishing its backers.

“We are proud of our association with South Africans who are committed to SA & have generously donated to its political future Our donors have been willing to do so openly & transparently as envisioned by the Political Party Funding Act, while others hide their donors from voters

“The reality is that after the performance of ActionSA, we have received even more interest from funders across the board. There is an overwhelming interest in the expansion of ActionSA to the 9 provinces of South Africa,” Mashaba wrote in a tweet thread.

As voters, you can rest assured that we will never hide anything from you!

We will be fully compliant with the PPFA & we recognise the role played by officials in the Political Party Funding Unit of the IEC who have been exemplary in their support of political parties.

— Herman Mashaba (@HermanMashaba) November 18, 2021

Tags: ActionSAHerman MashabaPoliticsSouth Africa
Andile Sicetsha

Andile Sicetsha

Andile Sicetsha is a University of the Western Cape Bachelor of Arts (BA) Media & Communications graduate with a background in Digital Marketing. A love for creative writing matched with the undying desire to realise the true South African dream is what keeps his engine running. Andile Sicetsha Muck Rack Profile

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