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One of the ways that the government can grow the economy through policy is the trade framework. South Africa's next step for trade liberalization - a case study by Chris Hattingh. https://www.freemarketfoundation.com/article-view/south-africas-next-steps-for-trade-liberalization-case-study …
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The COVID-19 pandemic was a devastating event for an already weak and fragile economy. Unemployment is at its highest and poor, unskilled, marginalised, and young people are feeling it the most -
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Bankrupt Municipalities, Violence in Eswatini, and will reform actually happen? Chris Hattingh unpacks this and more in the latest episode of the Free Marketeers: https://youtu.be/gN70Rh96Y9c
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"Nowhere is this truer than in the vital sectors of trade, shipping and rail." https://focusontransport.co.za/ports-reform-devil-in-the.../ …
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"Reforms that do not actually roll back the control that the state has over virtually all aspects of business activity and everyday life, that do not give entrepreneurs more breathing room, are largely meaningless." -
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South Africa ranks as the 8th-most-taxed country in the world. The government needs to urgently re-align the country's tax laws to that of the rest of Africa to bring about renewed investment, jobs, and a rebound post-covid-19. Do you agree with this sentiment?
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Representing a fundamental development in customary law in South Africa, the case of The Ingonyama Trust and the unconstitutional conversion of Permission to Occupy (PTO) certificates into leases, has been making headlines: https://www.politicsweb.co.za/opinion/a-victory-for-private-property-rights-in-customary …
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It is yet another government attempt to shift responsibility to the taxpayer. Personal Income tax, VAT, Excise duties, Estate duty tax, Currency transaction tax, Securities Transfer tax and Financial transaction tax will all increase to fund the basic income grant -
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A universal income grant has been on the table for almost 20 years. The fact that it is still being discussed is a clear litmus test of the government's competency to create an environment where jobs and growth can be sustained -
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Government must realise that it should not be at the centre of the economy – and people's lives – and that the only path toward prosperity, for the majority of South Africans, would be one of more economic freedom, strong property rights and a pro-business policy environment:
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What are your thoughts on the
#NHI bill?#FreemarketFoundation#FMF#NHIbill#FreeSouthAfricapic.twitter.com/8R3uj9wZ7W
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Teach a Man To Fish, and You Feed Him for a Lifetime. Unemployment solutions that don't intend on supporting citizens to stand on their own feet are almost certainly doomed. State intervention can only last so long: https://www.businesslive.co.za/bd/opinion/columnists/2021-10-14-isaah-mhlanga-unemployment-solution-must-help-everyone-stand-on-their-own-feet/ …
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Government-imposed barriers to trade, such as tariffs, duties, and protectionist policies, inhibit the flow of goods and services and hurt low-to-middle income consumers the most: https://www.freemarketfoundation.com/article-view/media-release-improving-south-africas-trade-barrier-score-requires-correct-policy-choices-and-avoiding-protectionism-free-market-foundation …
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Economic freedom enshrines personal choice, voluntary exchange and protection of private property. It is the freedom to start a business or hire an employee without government interference or to invest and trade with whomever you please: https://www.freemarketfoundation.com/article-view/why-economic-freedom-matters …
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Pilot-test failures and proposed sweeping infrastructural and commercial powers appointed to the MoH will surely lead to more state corruption. Read more from the Freemarket team: https://www.freemarketfoundation.com/article-view/siu-report-on-digital-vibes-is-a-strong-warning-against-nhi …
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The Special Investigating Unit (SIU) report on the awarding of the Digital Vibes tender is an urgent warning against the establishment of the National Health Insurance -
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Political parties and their subsidiaries are able to reap the rewards while the very constituents who voted for them, suffer in dire conditions. Accountability is needed! Read more: https://www.outa.co.za/blog/newsroom-1/post/this-is-who-really-funds-political-parties-you-the-taxpayer-1094?utm_source=pocket_mylist …
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In the 13 years since 2009, South African political parties have received over R13 billion in total public funding from taxpayers money. While the constitution does allow for the state to fund and enhance multi-party democracy, this is a gross manipulation of taxpayers money -
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