FMF NEWSLETTER 24 June 2020     
FMF update  
To all our supporters, members, friends, and the South African public, please take all necessary steps to remain safe and healthy in these very difficult times. 

The FMF has been hard at work researching the impact of the lockdown, especially the impact of regulations on poorer South Africans.

To read all of the FMF's work on the COVID-19 lockdown thus far, click here.
New FMF article  
Zero-based and cash budgeting should both be adopted by government - Mpiyakhe Dhlamini

Finance minister Tito Mboweni has made remarks that seem to favour zero-based budgeting, an approach that would weigh each expenditure item, each departmental budget, against government goals. The Minister has said that this would entail focusing on 'infrastructure development and other growth-enhancing measures' and come at the expense of those programmes considered wasteful in relative terms.

To read further, please click here.
Latest FMF event video   

A horrible budget in horrible times – Dawie Roodt

Latest Free Marketeers episodes (listen, subscribe, share)  

COVID-19 & lockdown impact on National Budget - Free Marketeers
Centralising SA's healthcare now would be fatal - A conversation with Henru Kruger
Police, race, lockdown, and capitalism - Free Marketeers

Our podcasts are also available on Apple, Spotify, and Google

FMF in the media  

FMF CEO Statement  On the declaration of the illegality of lockdown regulations
Media release – Signs that cigarette ban may last to level 1; it should be reversed immediately

FMF interview on BizNews Upacking Davis judgement which lays into NDZ's "irrational" lockdown regulations – Leon Louw, FMF CEO
FMF onderhoud op RSG – Die herstrukturering van die Suid-Afrikaanse Lugdiens – Leon Louw

FMF articles
From housing to education, this is what SAA's restructuring could buy for South Africans – Jacques Jonker
High data prices? Don’t blame Vodacom and MTN – Martin van Staden
Government stimulus has not worked, let’s try something else  Mpiyakhe Dhlamini

FMF video, in partnership with Atlas Network – Khaya Lam  Upward Globility: Whose land is it anyway? | South Africa
Quarterly Review: January 2020 – March 2020
Media Digest & Cuttings May 2020 for all media coverage

Worth readings  

Counting the cost of collective-bargaining on SA's education sector - Financial Mail
South Africa’s ban on tobacco due to COVID-19 is needless - African Liberty
South Africa sees debt topping 100% of GDP in 2025 - Bloomberg
SA Express is crashing because of poor financial management - Scopa - 702
SA records sharp drop in foreign direct investment - BDLive


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