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FMF Newsletter 7 October 2020

FMF Newsletter 7 October 2020
FMF update

To all our supporters, members, friends, and the South African public, please take all necessary steps to remain safe and healthy in these very difficult times. 

The FMF has been hard at work researching the impact of the lockdown, especially the impact of regulations on poorer South Africans.

To read all of the FMF's work on the COVID-19 lockdown thus far, click here.

New FMF article

Unemployment: The dream is still deferredMpiyakhe Dhlamini

The voice of the unemployed in South Africa is largely absent from public debate. The economic aspect of this debate has largely centered around how best to create jobs for the unemployed, yet the people involved in these discussions are the people who would face increased competition from the new workers. The scale of South Africa's unemployment problem likely means any movement towards mass hiring in the economy is going to push wages down, at least temporarily, for existing workers.

What is equally strange, is that the other influential group is not the people who are meant to create these new jobs, but the people who created existing jobs and are the most likely to suffer from competition from the new job creators. There are good reasons why job growth is most often driven by small business, with for example more than two thirds of the non-agricultural jobs in South-East Asia being created by the informal sector.

To read further, please click here.

Latest FMF event videos

Expropriation without compensation (EWC) and post-lockdown South Africa
BLSA-FMF discussion: EWC and post-lockdown South Africa: Turning a disaster into an opportunity

SAVE the date
Thursday, 29 Ocober 2020"2020 Global Trade and Innovation Policy Alliance Virtual Summit"
The Global Trade and Innovation Policy Alliance (GTIPA) represents a network of over 40 leading global think tanks dedicated to advancing a positive view of trade, globalization, and innovation for the benefit of the world's citizens. For more information click
 here
Latest Free Marketeers episode (listen, subscribe, share)

Don't wait for change; be the change Pavlo Phitidis

Our podcasts are also available on Apple, Spotify, and Google
FMF in the media

Media releases President announced at FMF’s first post-AGM Board meeting
Government starts to release state owned farms to landless blacks – but no full title for 30 years

FMF CEO Statement  Eskom and Matjhabeng municipal farms scandal went unnoticed

FMF interview on eNCASA's economic freedom ranking improvesLeon Louw, FMF CEO
FMF interview on SAFM Worldwide launch: Economic Freedom of the World: 2020 Annual Report – Leon Louw, FMF CEO

FMF articles Inequality in SA and beyond - a peek behind the curtain  James Peron
Let economic freedom and trust be South Africa's heritage Chris Hattingh

FMF video, in partnership with Atlas Network – Khaya Lam  Upward Globility: Whose land is it anyway? | South Africa

Quarterly Review: April 2020 – June 2020
Media Digest & Cuttings September 2020 for all media coverage

Worth readings
Big government, big business, big protectionism
If we want to increase demand in the market, we must first increase production
BLSA CEO’s letter 5 October 2020