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The right to work and debarment in the financial market

 29 Nov 17
Who in their right mind would believe there is a law on our statute books which is interpreted and applied in such a way that it makes it possible for an employer to deprive an employee, without the due process of law and without any proper enquiry,…

Illegitimate FSB directive revoked

 13 Nov 17
Until very recently, financial intermediaries and advisers (financial-service providers, FSPs) wishing to reappoint representatives who had been debarred from the industry,…

Media release: Twin Peaks now law – a sad day for SA’s financial services consumers

22 Aug 17  
The controversial “Twin Peaks” regulatory system is now law with the signing of the Financial Sector Regulation Act by President Zuma on 21 August 2017 and it is a sad day for consumers of financial services and for SA’s economy.…

Business Day column: Meme of insurers as pariahs is a ploy for greater regulation

10 Aug 17   Leon Louw
The insurance industry is reprehensible, according to Ismail Momoniat. He should know. As the Treasury’s deputy director-general, he orchestrates its regulatory diarrhoea.…

LETTER: Hands off money supply

04 Aug 17   Jasson Urbach
The public protector’s call for a constitutional amendment to bring an end to inflation targeting is confused and confusing.…

Media release: FSR Bill & Twin Peaks is bad policy - should be sent back for reconsideration

12 Jul 17   FMF Media Release
On 22 June 2017, Parliament passed the Financial Sector Regulation Bill (FSRB), which introduces the Twin Peaks regulatory system.…

FAIS clearly unclear

26 Jun 17   Gary Moore
A norm cannot be regarded as a “law” unless it is formulated with sufficient precision to enable the citizen to regulate his conduct.…

Any tax hurts the poor the most

Low-growth and the resulting decrease in government revenue around the world, but especially in South Africa, has led to increased calls for higher taxes on the rich.…

FAIS: Debarring representatives violates the Rule of Law

14 Jun 17   Gary Moore
The provision of the Financial Advisory and Intermediary Services Act of 2002 (“FAIS”) that vests in employers the power and obligation to banish (“debar”) financial-services representatives from the entire industry, has the effect of discriminating…

Media release: Work FIVE more days in 2017 than 2015 to pay for government spending

25 May 17   FMF Media Release
Thursday, 25 May 2017, is Tax Freedom Day (TFD). Five days later than in 2015 and six weeks later than in 1994.…

South Africa sacrifices peace, justice and good governance to State Owned Enterprises

23 May 17   Garth Zietsman
The trend worldwide is for wealthier countries to have large governments. South Africa has a government larger than expected and still growing steadily.…

Countdown to Tax Freedom Day 2017

18 May 17   Garth Zietsman
When will Tax Freedom Day 2017 fall? Watch this space!…

Business Day column: Difficult times do not turn a bad budget into a good one

08 Mar 17   Leon Louw
Finance Minister Pravin Gordhan addresses a briefing ahead of his budget speech.…

Predicted Tax Freedom Day 2017 in light of budget speech

01 Mar 17   Garth Zietsman
Tax Freedom Day, this year, will be on 23 May – two days later than last year.…