FMF NEWSLETTER 30 January 2019


FMF NEWSLETTER 30 January 2019   

The 2018 - 2019 FMF R1Million Challenge is drawing to a close at midnight tomorrow 31st January. Thank you to all our friends who have donated to our challenge thus far. We are most grateful. 

We have raised R886,953 to date and we are now very close to our target. Donations totalling R75,500 will take us to our goal with the challenge sponsor’s 50% included.

If you have not yet donated please do so now and help us reach our target of R1 Million!

Any donation businesses and individuals make to the Foundation by 31 January 2019 will have 50% added by a generous sponsor.

No amount is too small – whatever you donate will be increased by 50%

The FMF is a registered public benefit organisation, so any donation from individuals or corporate bodies qualify for a tax deduction up to 10% of your taxable income.

Will you accept the challenge?  Donate Now!
ARTICLE of the week  

SA’s support of Venezuela’s Maduro tramples on the Constitution – MARTIN VAN STADEN

The South African government has thrown its support behind the tyrant Nicolas Maduro of Venezuela in the midst of a constitutional crisis in that country. According to international relations minister, Lindiwe Sisulu, “South Africa’s position is that we recognise the duly-elected, democratically-elected president of Venezuela until such time as he steps down, or until such time as there is an election”. This unhesitant and unashamed backing of a figure that rivals, if not surpasses, the oppression by the likes of HF Verwoerd is a complete rejection of the values on which the Constitution, and by extension, South Africa, is based.

The humanitarian situation in Venezuela is dire. While destitution around the world is at an all-time low, in Venezuela, more children are dying on the streets from malnutrition and starvation today than in the 1990s. The Venezuelan government has stopped publishing mortality statistics in an attempt to cover up the disaster heralded by the regimes of Hugo Chavez and Nicolas Maduro for the formerly-prosperous South American state. Ninety percent of Venezuelans live below the poverty line. More than 1.5 million Venezuelans have fled the land of their birth since 2015. Tomás Páez believes 15% of the total Venezuelan population will soon reside outside their country, with no hope of return.

To read further, please click here.

Latest FMF event videos (WATCH)  

FMF media briefing  Alex township highlights failure of EWC when politics prevails
Adv Frans Rautenbach Challenging the Labour Relations Act


Wednesday, 27 February  2019 EVENING EVENT Budget Speaker: Dawie Roodt – 17:45 for 18:15 @ FMF more info to follow

FMF events can be watched LIVE via the FMF’s Facebook page by clicking this link:

Once on the FMF Facebook page, please scroll down until you find the presentation live streaming. Please note: the video remains available on Facebook after the event (though you will need to scroll down further to find it). OR you can watch it on our YouTube channel – usually uploaded within a day or two: 
Latest FREE MARKETEERS podcasts  

Venezuela, Zimbabwe, Davos, and corruption
Oxfam's irrational obsession with inequality
Race, State Capture, and the Reserve Bank

WORTH reading  

Markets are inescapable realities, not tools to use when convenient
The $33 minimum wage push reveals a serious disconnect with economic reality
3 popular economic myths in need of debunking

FMF in the media  

Media release Poor black citizens continue to suffer EWC
Media Digest & Cuttings DECEMBER 2018 for all media coverage



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