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.
EWC not the answer for post-COVID-19 South Africa – CHRIS HATTINGH
On 23 July 2020, the Governor of the Reserve Bank (SARB), Lesetja Kganyago, said that the SARB currently expects GDP in 2020 to contract by 7.3%. I consider this to be an optimistic figure, as contraction between 12% - 15% is likely more accurate, especially with the ever-present threat of load shedding. For the next few years, GDP is expected to grow by 3.7% in 2021, and by 2.8% in 2022. In the midst of such depressing news, we have to give some time to thinking about the future – and the kind of thinking the country needs to adopt if we are to turn things around. South Africa will have a fighting chance post-COVID-19, only if property rights are recognised and strengthened.
To read further, please click here.
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FMF CEO Statement – On the declaration of the illegality of lockdown regulations
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FMF interview on eNCA – Govt forcing people to ignore lockdown regulations – Chris Hattingh
FMF interview on BizNews – Upacking Davis judgement which lays into NDZ's "irrational" lockdown regulations – Leon Louw, FMF CEO
The Competition Commission gets 'excessive pricing' totally wrong – Zakhele Mthembu
Patrick Mahomes's $503 million contract offers a crucial lesson in value creation and economic freedom – Chris Hattingh
FMF video, in partnership with Atlas Network – Khaya Lam – Upward Globility: Whose land is it anyway? | South Africa
Latest edition of Atlas Network’s magazine, Freedom’s Champion
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Media Digest & Cuttings June 2020 for all media coverage
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Publish date: 30 July 2020
The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.