FMF NEWSLETTER 17 October 2018

 

FMF NEWSLETTER 17 October 2018    
FEATURE article  

Government wage bill: over bloated and underwhelming – NJABULO MHLAMBI

South Africa was once speculated to have a government workforce larger than that of the United States. Think about that for a second or two. A country whose population numbers close to 57 million with more civil servants than a nation of over 300 million individuals. These allegations have been debunked but what became clear is that in South Africa far too many civil servants are employed. In 2014, the actual number of civil servants in South Africa was 2.161 million whereas in the United States there were 21.294-million.

Basic Economics 101. Imagine that you have 10 workers who are employed to dig up a site for the erection of a new public hall. Now imagine that the government could only afford to buy 2 shovels. This leads to inefficiency - 8 workers will not be able to perform their duties due to a lack of resources. Would it not make better sense for them to be employed in other avenues where their value can be impactful and be of service to the community? In South Africa we have an oversupply of civil servants and the wage bill will inevitably continue growing, which will force government to turn yet again to the tax payer for increased funding.

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UPCOMING FMF events  

Wednesday, 31 October 2018 EVENING EVENT – Dawie Roodt – The maxi magnitude of the mini budget @ FMF RSVP

20 & 21 November 2018 CONFERENCE Security of property rights CONFERENCE with international speakers @ Radisson Blu Hotel, Daisy Street, Sandton RSVP

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WEEKLY smile  

Twin Peaks - how Treasury will cost SA an additional R4,8bn per year

 

 

WORTH reading  

Universal basic income has been tried before. It didn’t work
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FMF in the media  

Media release Khaya Lam Land Reform Project has effected over 3,000 title deeds since project inception

Media Digest & Cuttings SEPTEMBER 2018 for all media coverage

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 Dr Anthea Jeffery  Expropriation without compensation and the National Democratic Revolution
Robert Vivian – 75% is what it will take to change S25 of Constitution – no argument
Frans Cronje –  South Africa to 2030: A strategic intelligence briefing

Johann Serfontein & Mike Settas – Healthcare in South Africa - major concerns
Mike Settas – NHI Bill and the Medical Schemes Amendment Bill
Dr Johann Serfontein – Competition Commission’s Health Market Inquiry (HMI)
Temba Nolutshungu –  Property Rights Index launch 1 of 7
Mmboneni Muofhe – Property Rights Index launch 2 of 7
 Lorenzo Montanari –  Property Rights Index launch 3 of 7

Sary Levy Carciente – Property Rights Index launch 4 of 7
Leon Louw – Property Rights Index launch 5 of 7
Kelly Chibale – Property Rights Index launch 6 of 7
Jasson Urbach + Q&A  – Property Rights Index launch 7 of 7
FMF directors – Tales from last century - how FMF opposed apartheid
Wayne Duvenage  OUTA: From toll boycott to anti-tax abuse organisation
Rex van Schalkwyk  Violation of the Rule of Law gave SA the Guptas and Zuma corruption

Cecelia Kok – Are you free to be you? A talk on individual freedom and identity politics
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emba Nolutshungu and Terence Corrigan – Expropriation without compensation – betrayal of the struggle
Adrian Schofield & Leon Louw – The ECA Bill will be a disaster for South Africa
Grietjie Verhoef – History of strong African entrepreneurship held back by powerful constraints
Robert Vivian and Leon Louw – FAIS: the harbinger of things to come

Leon Louw – What is Oxfam's real agenda? It's not pro-poor
Eustace Davie –  Failure to respect constitutional rights causes mass unemployment
Adrian Saville – Paths to prosperity - lessons for a six pack solution
Leon Louw – South African Airways: The facts behind the fiction

Garreth Bloor –  Want economic growth? Repeal bad law
Jasson Urbach & Johann Serfontein – NHI pie in the sky
Twin Peaks - how Treasury will cost SA an additional R4,8bn per year
A constitution worth fighting for (1996)

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