Avmin makes R2m political donation

Time of article published Mar 12, 2004

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Johannesburg - Anglovaal Mining Limited is contributing R2-million to be shared among political parties receiving at least one percent of the vote in the 1999 election, the company said on Friday.

The money is to be shared among the parties in proportion to the votes they received in 1999.

Chairman Rick Menell said in a media statement: "Since 1994 we have supported the democratic process through voter education and logistical assistance. As South Africa's democracy matures... the Avmin board has resolved that we can best promote a vibrant culture of democracy by making, for the first time, direct contributions to political parties.

"We will provide our support to major parties that have demonstrated an effective voice in Parliament...

"Since Avmin represents, through its employees, shareholders and suppliers, a broad cross-section of South Africans, we will best reflect the views of all our stakeholders by donating R2 million to potential parties that achieved more than one percent of the vote in the last general election, in proportion to their electoral support."

The details - party name, percentage of vote in 1999, money donated -are:

  • African National Congress 66.4% - R1 380 000

  • Democratic Party 9.6% - R200 000

  • Inkatha Freedom Party 8.6% - R180 000

  • New National Party 6.9% - R140 000

  • United Democratic Movement 3.4% - R70 000

  • African Christian Democratic Party 1.4% - R30 000

    By Sapa

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