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The Democratic Alliance (DA) has raised over R104 million in political donations for the upcoming local government elections, with major contributions from Fynbos Ekwiteit and Fynbos Kapitaal.
PRIVATEAug 28, 2026•about 3 hours ago
Amount Raised
R104 Million
Round Type
Venture - Series Unknown
South AfricaFinancial ServicesGovernment
Investors
Martin MoshalOppenheimer FamilyFynbos KapitaalFynbos Ekwiteit
Description
The Democratic Alliance accounted for approximately 89% of all compliant private political donations declared in Q1 of the 2026/27 financial year. This substantial fundraising effort is critical as parties prepare for November's local government elections. Major contributions included R30 million from Fynbos Ekwiteit and R25 million from Fynbos Kapitaal. The concentration of funding for the DA is notable, especially as campaigning intensifies.
Company Information
Company
Democratic Alliance
Location
South Africa
About
The Democratic Alliance (DA) is a major political party in South Africa that has gained significant traction in recent elections. It focuses on promoting transparency, accountability, and good governance. In 2026/27, the party raised a substantial amount in compliant political donations, indicating its strong financial backing ahead of local government elections. Despite the financial strength, it faces challenges with other political parties regarding compliance and funding.
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South AfricaFinancial ServicesGovernment