Airports Company South Africa (ACSA) directors should re-read the personal liability sections in S45 in the Companies Act 2008 (the Act) before extending any further largesse to SA Express Airways (SAX). The public needs answers to a number of questions. …
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There’s nothing about South Africa that makes it impossible to start a successful business here. Nothing that is, except the government. As the Free Market Foundation has been saying, high taxes and regulations add significant layers of uncertainty to the …
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2424Labour unions are undoubtedly the biggest obstacle to any positive reform, not because this particular group of individuals is somehow more evil than the rest of us. It is simply a rational response to the particular set of incentives that …
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The crackdown on internet fraudsters by the Nigerian government is in the news again after the controversy surrounding the prosecution of singer, Afeez Fashola (also known as Naira Marley) by the Economic and Financial Crimes Commission (EFCC). Fashola is facing …
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“You might forget the rugby, but never forget TANSTAAFL,” Leon Louw, Executive Director of the Free Market Foundation (FMF), reminded South Africans. “There Ain’t No Such Thing As A Free Lunch!”
The start of the 2019 Rugby World Cup (RWC) …
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The probability of a credit rating downgrade from Moody’s Corporation does not necessarily equal ‘good’ news for South Africa’s economic prospects. It is merely the calm before the storm. It would be good news if South Africa had embarked on …
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Stats SA’s April Statistics of Liquidations and Insolvencies paint a very grim picture. The number of business liquidations increased by 53.1 percent between April 2018 and April 2019. The number of insolvencies increased by 30.1 percent between March 2018 and …
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After decades of economic and geographical disadvantage, Cape Verde is turning its problems into opportunities. Having suffered from a crushing debt in the past, the small insular nation has found development leverage in the privatization of its airline and the …
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In the Economic Freedom of the World (EFW) 2019 Report, South Africa ranks 101 out of 162 countries. This is a fall of two places from last year but is a massive fall of 54 places since 2000 when the …
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When young Americans grow up, rarely do you hear them being excited about going to study in Europe when they leave school. Why would they be? They have world-class universities and immense opportunities at home. It is not uncommon, however, …
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