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Radical economic transformation hobbled by intrusive and excessive regulation

 05 Jul 17
The South African insurance industry is an Oligopoly. That is, a market structure similar to a monopoly, but in which a small number of companies has the majority of market share.…

Land reform: restitution, not redistribution, is the proper vehicle

 26 May 17
The disallowance of foreign ownership of agricultural land and the creation of a race and gender registry of landowners are among the proposals contained in the new Regulation of Agricultural Land Holdings Bill, sponsored by the Department of Rural D…

Media release: NHI Demarcations Regulations – Two million people set to lose medical insurance overnight

19 Mar 17   Free Market Foundation
The Department of Health has requested that the Council for Medical Schemes (CMS) grant a limited two-year exemption period for primary healthcare providers who submit themselves to regulation under the Medical Schemes Act ...…

Why SA should take a leaf out of Egypt’s book on drug approvals

Many problems beset healthcare in South Africa. A most frustrating one is the inability of the drug regulator, the Medicines Control Council, to approve medicines in a timely manner.…

‘Social solidarity’ stopped actuaries devising policies to suit low-income earners

22 Feb 17   Jasson Urbach
The final demarcation regulations drawing the line between medical insurance products and medical schemes was gazetted by the Treasury in December.…

Media release: Treasury Impact Assessment - FSR Bill to cost R 4.5 to R6.2 bn p.a. but benefits indefinable

24 Aug 16  
The proposed Financial Services Regulation Bill (FRS), expected to go before Parliament very soon, will introduce ‘Twin Peaks’, set to be the most expensive and complex revision of banking and insurance regulatory architecture in South Africa’s histo…

Capitalism and force

10 Aug 16   Chris Hattingh
Capitalism is the only social/economic system that gives us all freedom of choice because it removes the element of force, and this is why it is the only moral system.…