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How can we trust South Africa’s development to the free market? While we can point to examples from elsewhere and from the history of free markets reducing unemployment and increasing prosperity, many South Africans are not yet convinced by this …
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Government intervention in the economy simply does not work. It is a mystery, then, why so many otherwise intelligent people keep calling for more of the same. After years of low growth (12 years now) concurrent with government fiscal deficits …
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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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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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Following the discussions about the NHI (National Health Insurance), I am struck by how little regard is given to self-ownership. To preclude the possibility of ownership by someone else, self-ownership is a necessity. Black Africans were enslaved in the Americas …
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The 2014 Rule of Law Index report has this to say about the importance of the rule of law to a country’s business environment:
… Continue readingImagine an investor seeking to commit resources abroad. She would probably think twice before investing in
The people of Africa have been subjected to multiple injustices, slights, and violence. The list of things inflicted on Africans is endless and has no modern equivalent, except for Asia in geographical terms and the Jews in ethnic terms. These …
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President Cyril Ramaphosa delivered his second State of the Nation Address (SONA) on 20 June. The speech was filled with rousing language as well as conciliatory offers to work together with members of the opposition. Unfortunately, no new details of …
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The latest GDP numbers show that the South African economy declined by 3.2 percent for the first quarter of 2019. This comes after President Ramaphosa announced a R50 billion stimulus package in September 2018. Since that stimulus followed on a …
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