Tag: Free Market Foundation

Read our exclusive cover story entitled PRIVATE EDUCATION EVOLUTION | AN UNINTENDED CONSEQUENCE OF SOCIAL ENGINEERING? by Chris Hattingh, Researcher, Free Market Foundation, as well a host of other topical management articles written by professionals, consultants and academics in the June/July 2019 edition of BusinessBrief.

South African Airways’ sometimes-controversial CEO, Vuyani Jarana, has resigned. When the news broke on Sunday, many were caught by surprise, perhaps because it follows only a week after the resignation of another state-owned enterprise (SOE) CEO, Eskom’s Phakamani Hadebe.

The National Minimum Wage (NMW) is a crime against the poor of this country as it absolutely forbids them from accepting any compensation below the floor set by government. It is reasonable, therefore, to assume that some people who could be working are not employed because of the minimum wage.

Venezuela is proof of the miraculous impact of socialism. They took a prosperous nation and destroyed it almost overnight. That’s a problem for that other socialist paradise - Cuba.

Before you earn a cent, government takes a chunk out of your pay packet in taxes. Today, Saturday 18 May, marks Tax Freedom Day 2019 - the day from when the money you earn belongs to you to fund your and your families' activities and wellbeing.

Stats SA recently announced South Africa’s unemployment rate has increased to 27.6%. The expanded rate increased to 38%, which translates to 9,994,000 unemployed people.

In South Africa it is well known that women suffer the brunt of our many socio-economic issues. This is largely how females are viewed across South African culture, rather than as a matter of law. According to the Economic Freedom of the World index, South Africa scores 1.0, the highest possible score, according to the gender adjustment variable.

It is an unmitigated moral tragedy that in the year of celebrating what would have been Mandela’s 101st birthday, the incumbent government has betrayed him on an issue about which that he felt strongly. This is the resolution by parliament to make it constitutionally permissible to expropriate land without compensation (EWC). Despite the rhetoric to the contrary, the resolution does not exempt anyone, not any racial group or entity.

When in the grip of election fever, it becomes even more difficult than usual to decipher facts from the deluge of rhetoric and obfuscation proffered by politicians.

Government published the Tourism Amendment Bill on April 12. If this had happened on April 1, one could have believed that it was an April Fool’s Joke, so comical is the logic underlying the bill. The amendment, once adopted, will mean that all ‘short-term home rentals’ are legislated under the Tourism Act.