Local elections in the Central African Republic (CAR)

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Harmony Gold Mining Co. gave R1.1 million to the Economic Freedom Fighters, which advocates the nationalisation of all mines and land. The nation’s top producer of the metal by volume also gave R5.8 million to the ruling African National Congress, R2.1 million to the main opposition Democratic Alliance and a total of R586,013 to two smaller parties in the final quarter of last year.

African Rainbow Minerals Ltd., which is chaired by President Cyril Ramaphosa’s billionaire brother-in-law Patrice Motsepe, gave a total of R3.6 million to three of the biggest opposition parties, including R1.1 million to the EFF. The company made no further donations to the ANC after giving it R5.9 million in the prior quarter.

SourceMoneyweb
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