Capitec billionaire Michiel le Roux gave the Democratic Alliance more than half its funding
Capitec founder Michiel le Roux gave R55 million to the Democratic Alliance, 53% of its funding, before South Africa's November elections.
Democratic Alliance
South African billionaire Michiel Le Roux donated $3.5 million to the DA in 12 months
IEC data shows Michiel Le Roux donated R58 million ($3.57 million) to the DA in 12 months, the biggest individual political donation in South African history.
Capitec's billionaire founder Michiel Le Roux donated millions to Democratic Alliance
Michiel Le Roux’s investment vehicle gave the DA another major boost as fresh disclosures showed the party taking most declared donations late last year.