FMF NEWSLETTER 17 March 2021

17 March 2021

Dear FMF friend - Rise to the challenge!
We are pleased to announce that the 2021 FMF R1Million Challenge is now in full swing. The R1Million Challenge is our annual fundraising initiative now in its 7th year. Any donation you make to the FMF before 31 March 2021 will have 50% added by our sponsor.
No amount is too small or too large to have the 50% added! Please donate now.
Thank you to our generous sponsor for making the 2021 FMF R1 Million Challenge possible.

Civil liberties | Growth | 
Health | Land reform | ​
Rule of law | Unemployment

South Africa has a lot going for it – why undermine the whole edifice by demolishing its foundation, property rights? -- Chris Hattingh, Deputy Director


"Power to the people" means
economic freedom, not state paternalism

Chris Hattingh
Writing in the 7 March 2021 edition of the Sunday Times, public enterprises minister Pravin Gordhan indicated that he believes well-run state-owned enterprises (SOEs) are important as the free market "is not a panacea for resolving economic and institutional challenges."
Before the COVID-19 pandemic hit South Africa, more than 10 million people were unemployed. The average growth rate hovered between 1–3%, hardly scraping 4%. According to the 2020 edition of the Economic Freedom of the World (EFW) report, South Africa ranked 90th in the world, after a high of 58th in 2000. It appears that, after years of dedication to state controls and 'state-led growth' – with the concomitant government interventions in all facets of economic and social life – the much-promised prosperity has not been realised. My advice to Minister Gordhan would be: Despite this government's inability to trust in citizens' ability to create wealth and good lives without relying on the state, it might just be time to try a little bit of free market medicine – you’d be amazed with the results.


Interview with Danish libertarian, Sylvia Brune – Temba A Nolutshungu
- The socialist experiment has failed universally, so why should SA’s National Health Insurance be any different? – Michael Settas
- Media release: South Africa should not experiment with deadly NHI (Chris Hattingh)
- Proposed bill would compel larger enterprises to deal with small businesses – Gary Moore
- FMF and Martin van Staden mentioned in Landbouweekblad hard copy: Verbete stryd teen onteiening sonder vergoeding gevoer

TEL +27 11 884 0270 | EMAIL | PO Box 4056, CRAMERVIEW 2060

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