Parliament Releases 2025 Register of MPs’ Financial Interests Amid Calls for Greater Transparency

Parliament has published the 2025 register of members’ financial interests, detailing business holdings, consultancies, sponsorships, gifts, and interest-free loans held by lawmakers. The disclosure, mandated by ethical guidelines, aims to promote transparency and prevent conflicts of interest.

Under parliamentary rules, MPs must declare a range of financial interests, including shares in companies, external employment, directorships, sponsorships, and hospitality received. However, analysts argue that while the register is a step toward accountability, gaps remain in enforcement and public accessibility.

Key Observations and Concerns
Zukiswa Kota, program manager at the Public Service Accountability Monitor (PSAM), highlighted that while the register includes items such as gifts and overseas travel, some declarations appear minor—such as a leather coat—raising questions about necessity. However, she emphasized that full disclosure is crucial to identifying potential risks, including undisclosed lobbying or undue influence.

“The point is to ensure elected representatives declare where private interests may clash with public duties,” Kota said. She noted, however, that not all declarations are scrutinized equally, with lifestyle audits currently limited to senior MPs.

Digital Improvements and Remaining Challenges
Parliament has introduced an electronic declaration system to streamline submissions and improve compliance. While this move has been praised for increasing efficiency, Kota argued that data formats should be more searchable and uniform to enhance public scrutiny.

Critics warn that determined individuals may still exploit loopholes, as seen in past state capture scandals. Kota called for broader risk assessments beyond senior officials and standardized reporting to prevent opacity.

Conclusion
The 2025 register underscores ongoing efforts to bolster transparency in South Africa’s legislature. Yet, experts stress that without deeper investigations and accessible data, the system’s effectiveness remains limited.