• Login
  • Register
North Coast Radio 104.0
  • Home
  • Elections 2024
  • News
    Gauteng’s Statutory Rape Crisis Deepens: Nearly 14,000 Cases Reported in Four Years

    Gauteng’s Statutory Rape Crisis Deepens: Nearly 14,000 Cases Reported in Four Years

    DA to Inspect Evaton Homes Left Without Power for 10 Years

    DA to Inspect Evaton Homes Left Without Power for 10 Years

    ANC Faces Fresh Asset Seizures as 122 Million Debt Battle Escalates

    ANC Faces Fresh Asset Seizures as 122 Million Debt Battle Escalates

    MEC Tasneem Motara Hands Over Completed Houses to Drieziek Families, Bringing Hope and Relief

    MEC Tasneem Motara Hands Over Completed Houses to Drieziek Families, Bringing Hope and Relief

    SANEF Condemns SAPS’ Heavy-Handed Actions Leading to Journalist Injury

    SANEF Condemns SAPS’ Heavy-Handed Actions Leading to Journalist Injury

    SARS gives R10.6 billion ‘gift’ to taxpayers

    SARS gives R10.6 billion ‘gift’ to taxpayers

    From Madiba’s vision to 25 years of smiles

    From Madiba’s vision to 25 years of smiles

    DA in Emfuleni exposes 50 million bungled road project

    DA in Emfuleni exposes 50 million bungled road project

    Midvaal invest 1.2 million to strengthen water quality and prevent waterborne diseases

    Midvaal invest 1.2 million to strengthen water quality and prevent waterborne diseases

    • Politics
    • Health
    • Provincial
  • Community
    • Editors Pick
  • Crime
  • Business
  • Entertainment
    • Events
  • Sports
  • About Us
No Result
View All Result
  • Home
  • Elections 2024
  • News
    Gauteng’s Statutory Rape Crisis Deepens: Nearly 14,000 Cases Reported in Four Years

    Gauteng’s Statutory Rape Crisis Deepens: Nearly 14,000 Cases Reported in Four Years

    DA to Inspect Evaton Homes Left Without Power for 10 Years

    DA to Inspect Evaton Homes Left Without Power for 10 Years

    ANC Faces Fresh Asset Seizures as 122 Million Debt Battle Escalates

    ANC Faces Fresh Asset Seizures as 122 Million Debt Battle Escalates

    MEC Tasneem Motara Hands Over Completed Houses to Drieziek Families, Bringing Hope and Relief

    MEC Tasneem Motara Hands Over Completed Houses to Drieziek Families, Bringing Hope and Relief

    SANEF Condemns SAPS’ Heavy-Handed Actions Leading to Journalist Injury

    SANEF Condemns SAPS’ Heavy-Handed Actions Leading to Journalist Injury

    SARS gives R10.6 billion ‘gift’ to taxpayers

    SARS gives R10.6 billion ‘gift’ to taxpayers

    From Madiba’s vision to 25 years of smiles

    From Madiba’s vision to 25 years of smiles

    DA in Emfuleni exposes 50 million bungled road project

    DA in Emfuleni exposes 50 million bungled road project

    Midvaal invest 1.2 million to strengthen water quality and prevent waterborne diseases

    Midvaal invest 1.2 million to strengthen water quality and prevent waterborne diseases

    • Politics
    • Health
    • Provincial
  • Community
    • Editors Pick
  • Crime
  • Business
  • Entertainment
    • Events
  • Sports
  • About Us
No Result
View All Result
Loxion News
No Result
View All Result
Home National

The Oppenheimers Donates Over R200 Million to Six South African Political Parties

by Fanelo Maseko
October 31, 2025
in National, News, Politics
Reading Time: 6 mins read
A A
0
The Oppenheimers Donates Over R200 Million to Six South African Political Parties

Nicholas Nicky Oppenheimer Born in 1945, Nicholas is the youngest child of Harry and Bridget and brother of Mary. According to Forbes, his current net worth sits at $10.4 billion (R180.49 billion), which makes him the third-richest person in Africa.

Share on FacebookShare on Twitter

By Seth Thorne

Members of South Africa’s Oppenheimer family, long known for their influence in mining and business, have quietly become the largest declared private funders of political parties in democratic South Africa.

According to official data from the Independent Electoral Commission (IEC) and My Vote Counts, six descendants of the Oppenheimer dynasty have collectively donated more than R200 million to six different political parties since political funding transparency laws came into effect in 2021.

This makes the Oppenheimers the most significant source of declared political donations since the Political Party Funding Act took effect.

Oppenheimer Donations: Who Got What

IEC disclosures show that South African political parties have declared R880.7 million in total donations above the legal threshold since 2021/22.
Of this amount, six Oppenheimer descendants — Mary Slack, Nicholas Oppenheimer, Jonathan Oppenheimer, Jessica Slack-Jell, Rebecca Oppenheimer, and Victoria Freudenheim — contributed over R200 million to the following parties:

Political PartyAmount DonatedOppenheimer Family Donors
Democratic Alliance (DA)R62.5 millionMary, Jonathan, Nicholas, Jessica
Inkatha Freedom Party (IFP)R50 millionJonathan
ActionSAR45.75 millionJessica, Rebecca, Victoria
RISE MzansiR30 millionRebecca
Build One South Africa (BOSA)R12 millionMary, Jessica
United Democratic Movement (UDM)R1 millionMary

From Diamonds to Democracy: The Oppenheimer Legacy

The Oppenheimers are an Anglo–South African dynasty that rose to prominence through Anglo American and De Beers — both founded and controlled by the family for much of the 20th century.

  • Ernest Oppenheimer founded Anglo American in 1917 and took over De Beers in 1929.
  • His son Harry Oppenheimer led De Beers from 1957 and expanded the family’s business empire.
  • The family’s influence continued under Nicholas Oppenheimer, who sold De Beers’ 40% stake to Anglo American in 2012 for $5.1 billion, marking a shift toward philanthropy and investment diversification.

Inside the Oppenheimer Political Funding Network

Mary Slack

The eldest child of Harry Oppenheimer, Mary Slack is a philanthropist and businesswoman who runs Wilgerbosdrift and Mauritzfontein Stud Farms.
She has donated R32 million since 2021, including:

  • R25 million to the DA
  • R6 million to BOSA
  • R1 million to the UDM

Nicholas Oppenheimer

Former De Beers chairman and Anglo American deputy chairman, Nicholas Oppenheimer is currently worth an estimated $10.4 billion (R180 billion).
Since 2021, he has contributed R35.5 million to two parties:

  • The DA
  • The IFP

Jonathan Oppenheimer

The son of Nicholas and heir to the Oppenheimer fortune, Jonathan Oppenheimer chairs Oppenheimer Generations and founded the Brenthurst Foundation.
Between 2023 and 2025, he donated R50 million split equally between the DA (R25 million) and IFP (R25 million).

Jessica Slack-Jell

A businesswoman managing the family’s Mauritzfontein Stud, Jessica Slack-Jell has donated R19.33 million since 2021:

  • R11.33 million to ActionSA
  • R6 million to BOSA
  • R2 million to DA

Rebecca Oppenheimer

A writer and philanthropist, Rebecca Oppenheimer has given R33.33 million to two parties:

  • R3.33 million to ActionSA
  • R30 million to RISE Mzansi

Victoria Freudenheim (née Oppenheimer)

A director of Mary Oppenheimer Daughters (MOD) in the UK, Victoria Freudenheim has donated R31.08 million exclusively to ActionSA since 2021.

Transparency and the Political Funding Act

Until recently, political party funding in South Africa was largely secret.
This changed after a 2018 Constitutional Court ruling that compelled Parliament to legislate for transparency – leading to the Political Party Funding Act (PPFA) of 2021.

Under this law:

  • Donations above R100,000 (now R200,000) must be publicly declared.
  • Each donor can contribute a maximum of R30 million per party annually.
  • The IEC oversees disclosures, and all reports are publicly available.

However, smaller donations below the threshold remain undisclosed, meaning the true scale of private political funding is likely much higher than what’s visible in IEC reports.

Oppenheimers’ Influence: Business, Philanthropy, and Politics

The Oppenheimers have long maintained that their donations are aimed at strengthening democracy rather than buying influence.
Their Brenthurst Foundation, for instance, supports policy research and economic reform advocacy across Africa.

Still, their growing political contributions raise questions about elite influence in shaping South Africa’s political future – particularly as new entrants like RISE Mzansi and BOSA gain traction ahead of the 2026 elections.

Key Takeaways

  • Over R200 million donated by six Oppenheimer family members since 2021.
  • Six political parties benefited — DA, IFP, ActionSA, RISE Mzansi, BOSA, and UDM.
  • DA (R62.5 million) and IFP (R50 million) received the largest contributions.
  • Donations disclosed under Political Party Funding Act transparency rules.
  • True total funding likely exceeds disclosed amounts due to smaller unreported donations.
Tags: #ActionSA#BOSA#DA#IEC#JessicaSlackJell#JonathanOppenheimer#MarySlack#MyVoteCounts#NicholasOppenheimer#OppenheimerFamily#PoliticalDonations#PoliticalFundingAct#PoliticalTransparency#RebeccaOppenheimer#RISEMzansi#SouthAfricaNews#SouthAfricanPolitics#UDM#VictoriaFreudenheimIFP
Fanelo Maseko

Fanelo Maseko

MD at District Media & Founder of Loxion News

Recommended

Hands Off MEC Hlophe – ANCYL

Hands Off MEC Hlophe – ANCYL

1 year ago
The 20 Million Wall of Boitumelo Clinic in Sebokeng

The 20 Million Wall of Boitumelo Clinic in Sebokeng

1 week ago

More Loxion News

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Newsletter

Subscribe to our newsletter and receive news updates, latest competitions and also exciting event announcements.

This initiative is offered by

Member of

About Us

Loxion News

LOXION NEWS is a township to township newspaper aimed at revealing the brighter side of living in black townships.

Loxion News publishes its print publication on monthly basis while their LOXION NEWS NETWORK facebook page uploads cutting edge mini documentaries and stories on daily basis.

  • About
  • Advertise
  • Subscribe
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy (ZA)

© 2023 Loxion News - A SANEF Initiative | Developed by MeD8 Mdia

No Result
View All Result
  • Politics
  • Municipality
  • Local Business
  • Provincial
  • National
  • Entertainment
  • Events
  • Schools
  • Announcements
  • Sports
  • Community
  • Letter
  • Crime
  • People
  • Local Heros
  • Food

© 2023 Loxion News - A SANEF Initiative | Developed by MeD8 Mdia

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage Cookie Consent
We use technologies like cookies to store and/or access device information.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}