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Rent seeking – what does it profit a people?

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Some societies are better able than others to withstand adverse weather events such as droughts and storms, and even earthquakes, with fewer deaths and less economic and social disruption. Such societies also seem to have less crime, greater social cohesion, and greater economic optimism.

The end of insurance commission regulation

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Fixing prices is not the terrain of the Financial Services Conduct Authority (FSCA). In a recently published article, my colleague Dr Brian Benfield called for the outright abolition of regulatory price fixing with regard to the distribution of insurance products (i.e. insurance commission regulation Biznews). Indeed, it is astonishing that these regulations still exist.

No legislation enables the FSCA to beget transformation – part 2

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The Financial Sector Conduct Authority (FSCA) wishes to usurp the Broad-Based Black Economic Empowerment (B-BBEE) role of the Minister of Trade and Industry, to make missing a transformation target an offence, and to make the Sector serve two masters (continued from PART 1).

Consequence adjustment

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The ANC government continues to ride roughshod over the interests of the country without consequence. All their opponents in politics, in business, in churches, and in civil society, wail and weep without noticeable effect. Ramaphosa and his minions are masters of realpolitik - how to prevail over all opposition, how to pull the levers of influence, how to whisper veiled threats in the right ears.

Restore civil liberties fully and end all lockdown initiatives

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We oppose various recent government initiatives to prolong COVID-19 lockdown measures. All such measures must be scrapped and a return to the pre-March 2020 legal position must be expedited. South Africans have waited patiently for too long to see constitutional government and their civil liberties restored.

The Rule of Law and the Wisdom of the Ages

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For millennia the dominant thinking throughout human society was, ‘force over voluntary interactions.’ Regardless of the country, the adage of ‘might makes right’ was the guiding rule upon which people interacted with each other.

BusinessBrief February/March 2022 edition is now available!

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Read our exclusive cover story titled THE RULE OF LAW & THE WISDOM OF THE AGES by Chris Hattingh, Deputy Head of Campaigns, South African Institute of Race Relations, as well a host of other topical management articles written by professionals, consultants and academics in the February/March 2022 edition of BusinessBrief.

Ending state of disaster only the first step in restoring constitutional...

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It seems conceivable that the state of disaster declared under the Disaster Management Act (DMA) in 2020 might soon end. This would involve the removal of various regulatory restrictions South Africans have been burdened with to cope with the spread of COVID-19.

Riots due to inequality? Not likely

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South Africa saw its most destructive riots in years this past July, ostensibly in response to former President Jacob Zuma's imprisonment and due to socio-economic factors. The Constitutional Court's sentencing of Zuma was widely hailed as a victory for the Rule of Law, but the commentariat in many cases remains blissfully unaware of its diagnostic blindspots.

Why did state capture happen?

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In 1998, the new democratic Constitution put in place was claimed to be the best in the world. It promised a better life for all. According to this new Constitution, it was necessary for parliament to pass a certain amount of legislation in order to complete the constitutional process.

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