Dear friend of the FMF

This week’s feature article by Dr. Gerrit Sandrock addresses the concept of Radical Economic Transformation (RET) and what needs to be done if we are serious about achieving change. While much has been said about RET, nothing concrete has been done; words will not suffice to bring about real change for poorer South Africans. Dr. Sandrock proposes practical, eminently achievable, steps that need to be carried out and describes the serious work required to do away with the excessive regulation that hinders and slows economic growth and delays positive change.

FEATURE article  

Radical economic transformation hobbled by intrusive and excessive regulation – DR GERRIT SANDROCK

The South African insurance industry is an Oligopoly. That is, a market structure similar to a monopoly, but in which a small number of companies has the majority of market share.

This is not the creation of faceless “white monopoly capital”. It is an entirely predictable response to the intrusive and extensive overreach of muddled Government agencies in their quest for control of the industry. Through its regulatory exuberance, the State has curtailed industry growth, and thus capital and job creation. 

SAVE the date  

Tuesday, July 12 MEDIA BRIEFING – Professor Robert Vivian & Leon Louw  – Twin Peaks – health warning @ 11h00 @  FMF – RSVP

Wednesday, July 19 MEDIA BRIEFING – Dr Johann Serfontein & Jasson Urbach – NHI … Pie in the Sky @ 11h00 @  FMF – RSVP

Wednesday, July 26 EVENING TALK Russell Lamberti – Founder & strategist of ETM Macro Advisors – Life in SA after the junk downgrades and what to expect @ 17h45 @ FMF – RSVP

You can watch every event LIVE via the FMF’s Facebook page by clicking this link:

WORTH reading  

Imminent national minimum wage risks devastating SA’s rural areas – FMF
Minister’s universal healthcare plan a wan fantasy lacking robust detail
SA data 14 times more expensive than India? Beware #DataMustFall fake news

FMF in the media  

Business Day column High cost of flying the flag and keeping a fossil in the skies – Leon Louw, 5 July 2017

Media release DataMustFall: Fake news
Media digests MAY 2017 and JUNE 2017 for all media coverage

SOCIAL media  

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Watch our YouTube videos on ChannelFMF

*New Dawie Rood – The virtual future, an economist's perspective
Martyn Davies and Leon Louw – The secret of China’s success: innovation and entrepreneurship
South Africa: The Solution (1987)

Twin Peaks - how Treasury will cost SA an additional R4,8bn per year
Jetane Charsley – IP, innovation and impact
Kelly Chibale – Economic and health impact of IP rights in pharmaceutical R&D
Sadulla Karjiker – A source of concern: Government’s custodianship of intellectual property law
Patrick Kilbride – The roots of innovation: Findings from the US Chamber International IP Index
Geneva Network–FMF Roundtable Q&A
Brad Lips –  Africa Liberty Forum 2017, co-hosted by Atlas Network and Free Market Foundation
FMF –  A constitution worth fighting for (1996)

Leon Louw – Radical Economic Transformation
Rex van Schalkwyk – Rule of Law 1 of 2 – What it is not
Rex van Schalkwyk – Rule of Law 2 of 2 – What it is

Mark Oppenheimer – Is the state stoking racial tensions as a diversionary tactic?

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