What is FYNBOS EKWITEIT (PTY) LTD?
FYNBOS EKWITEIT (PTY) LTD
Company, investment
- The DAAs declared to the IEC
R50 000 000 in total
October 2025 to June 2026
This donor gave the DA 3 donations worth R50 000 000, as declared to the (IEC The Electoral Commission of South Africa. It runs elections. It is independent, so it does not take orders from the government or any party.). They were made between October 2025 and June 2026.
Business Day says he owns more than 10% of Capitec. Daily Maverick reported that the DA got R58 million in 2025/26 through companies linked to him.
Who is behind it?
- Michiel du Pré le Roux, director (Capitec founder). TimesLIVE, 31 August 2023
- Johan Petrus du Pré le Roux, director. TimesLIVE, 31 August 2023
What did the parties declare?
Every donation the DA told the (IEC The Electoral Commission of South Africa. It runs elections. It is independent, so it does not take orders from the government or any party.) about, as the IEC published it, newest first. Cash and (Goods or services Things given to a party instead of cash. Examples are paying its bills, lending it things to use, or paying for a venue or staff.) are shown apart.
April to June 2026
- Cash
- R30 000 000
- Goods or services
- None
January to March 2026
- Cash
- R10 000 000
- Goods or services
- None
October to December 2025
- Cash
- R10 000 000
- Goods or services
- None
What has been reported?
Electoral Commission of South Africa (IEC)27 August 2026
The (IEC The Electoral Commission of South Africa. It runs elections. It is independent, so it does not take orders from the government or any party.) said Fynbos Ekwiteit gave the DA R30 million in April to June 2026. That is the new yearly upper limit, which the IEC says rose from R15 million to R30 million.
Read the report ↗Business Day8 July 2026
Business Day says Michiel le Roux co-founded Capitec Bank, was its first chief executive and later its chair. It says he still owns more than 10% of the bank.
Read the report ↗Daily Maverick31 May 2026
Daily Maverick reported that the DA got R58 million in 2025/26 through companies linked to Michiel le Roux. So he is behind one of the DA's largest sources of declared money.
Read the report ↗Electoral Commission of South Africa (IEC)28 August 2025
The IEC said in August 2025 that Fynbos Ekwiteit and Fynbos Kapitaal "appear to share the same ownership". But the law treats them as two separate donors, each with its own donation limit.
Read the report ↗Electoral Commission of South Africa (IEC)30 August 2024
The IEC said another DA donor, Voices of South Africa Foundation, has links with Johan Petrus du Pré le Roux. He is a director of Fynbos Ekwiteit.
Read the report ↗Daily Maverick13 March 2024
Daily Maverick reported in 2024 that le Roux is a director of both Fynbos Ekwiteit and Fynbos Kapitaal. It called them investment companies.
Read the report ↗Daily Maverick10 September 2023
Daily Maverick reported in 2023 that Michiel le Roux sat on a three-person panel that reviewed the DA's 2019 election losses. So he has also helped the DA in ways other than money.
Read the report ↗TimesLIVE31 August 2023
TimesLIVE reported in August 2023 that the company's directors are Michiel du Pré le Roux and Johan Petrus du Pré le Roux. It said Michiel is a founder of Capitec Bank.
Read the report ↗News2430 August 2022
News24 reported in August 2022 that "Capitec founder Michiel le Roux is a director of Fynbos Ekwiteit".
Read the report ↗Electoral Commission of South Africa (IEC)
The IEC said Fynbos Ekwiteit also gave R15 million to another (Party A group of people who stand for election together, with shared plans.), Change Starts Now, in January to March 2024. The IEC said this new party was not standing in the 2024 election.
Read the report ↗
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Does it have documented links abroad?
Nothing found.
News reports name only South African directors, including the Capitec founder. We found no foreign owner. We did not check the company register (CIPC), because it is a paid search. Checked 20 Oct 2026.