Dear friend of the FMF

This week’s feature article examines the disastrous effects that South Africa’s new National Minimum Wage will have on the poor. David Ansara explains that the minimum wage will not create more jobs and will erect more barriers to employment for South Africa’s poorest citizens. David makes the case for economic mobility, not economic stagnation.

FEATURE article  

The National Minimum Wage will deepen South Africa’s unemployment crisis – DAVID ANSARA

The proposed National Minimum Wage (NMW), due to come into force on 1 May 2018, is a quick fix to a systemic problem that will artificially increase salaries for those who already have a job, rather than create more jobs.

Deputy President Cyril Ramaphosa, who enjoys the political backing of trade union federation and Tripartite Alliance partner, COSATU, has championed the cause of the NMW. COSATU is useful for shoring up support for Mr Ramaphosa ahead of the ANC’s elective congress in December, so the NMW is widely seen as a sop to the unions, and a political tool in the ANC’s internal succession battle.

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Monday, April 24 Book launch   John Kane-Berman Between two fires: Holding the liberal centre in South Africa (click here to see invitation) @ 17h30 @ Hyde Park Corner RSVP

Tuesday, April 25 EVENING EVENT –  Mark Oppenheimer – Is the state stoking racial tensions as a diversionary tactic? @ 17h45 @ FMF RSVP

Wednesday, May 17 MEDIA BRIEFING – Leon Louw – Transformation via legislation vs transformation via growth @ 11h30 @ FMF  – more info to follow

May 24 & 25 2017 Africa Liberty Forum –  A timely conference for supporters of freedom – Sandton – click here for more info

June 6  FMF/Geneva-Network Roundtable Johannesburg – more info to follow

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WORTH reading  

Government’s NHI plan is based on squeezing out private healthcare
Health-e: Grim findings after health facilities are inspected
Certificate-of-need laws and hospital quality
What would a free market for health care look like?

FMF in the media  

Media release Free Market Foundation joins with global think tank alliance to call on policymakers to support global trade
Media digest MARCH 2017 for all media coverage

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Patrick Bracher – Excluding the poor via healthcare demarcation regulations
Terry Markman, Leon Louw & Perry Feldman – Land reform without expropriation

Mike Settas – Healthcare demarcation regulations: Excluding the poor
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Phumlani U Majozi – Introduction to the Rule of Law
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Xola Ntshinga – Did you know telecoms policy is nationalisation and expropriation in disguise?
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Xola Ntshinga – Did you know there are more cell phones in SA than people?
Rex van Schalkwyk – From ridicule to prison: Nowhere to hide from the Hate Speech Bill
Leon Louw & Dobek Pater – Telecoms policy will set back SA’s development by decades
Mark Oppenheimer – Free speech: A vanishing right

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