SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000
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Home›Party Funding›Fynbos Kapitaal (Michiel le Roux / Capitec)
Company · Private Equity / Finance (Capitec Bank co-founder) · IEC Q1 2025/26

Fynbos Kapitaal (Michiel le Roux / Capitec)

R30.0m disclosed

Fynbos Kapitaal (Michiel le Roux / Capitec) is a company donor from the Private Equity / Finance (Capitec Bank co-founder) sector, disclosed to the IEC as having donated R30.0m in total during the Q1 2025/26 period. The disclosed funding went to a single party, DA.

Disclosed donations — IEC Q1 2025/26

DA2025-06R15 000 000
DA2024-04R15 000 000
Total disclosedR30 000 000
Donor typeCompany
SectorPrivate Equity / Finance (Capitec Bank co-founder)
Parties fundedDA
Cross-party donorNo
Disclosure periodQ1 2025/26
Data confidenceHIGH

Conflict-of-interest analysis

Highly concentrated funding — Michiel le Roux has also authored internal DA electoral performance reviews, showing how private financial capital directly shapes the core opposition party's strategy.

Source — IEC Political Party Funding Disclosures

View IEC disclosure →
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Other tracked donors

Martin Paul MoshalR31.5mAfrican Rainbow Minerals (Patrice Motsepe)R7.4mJonathan OppenheimerR30.0m
View the full Party Funding tracker →

Disclosed donations are sourced from the Independent Electoral Commission (IEC) Political Party Funding Act disclosures (IEC Political Party Funding Disclosures 2021-2025). Only donations above the legal disclosure threshold are public. Conflict-of-interest and red-flag analysis is contextual commentary based on public records; it is not an allegation of illegality.