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FMF NEWSLETTER 20 February 2019

 

FMF NEWSLETTER 20 February 2019   
 
ARTICLE of the week  

Why the outrage over sugar tax job losses? Or, “we told you so” – MARTIN VAN STADEN

The Sunday Tribune reports that as many as 350,000 jobs are at stake in the industries reliant on sugar. Coca-Cola South Africa says it may need to shed up to 1,000 employees. To a greater or lesser extent, the sugar tax that government instituted in April 2018, is fingered as a culprit in this tragedy. Taxes are not helpful. It is time to come to terms with that reality. We cannot tax ourselves into prosperity. South Africa needs economic freedom and a government that respects freedom of choice.

The Free Market Foundation (FMF) noted in 2017 that, for a change, trade unions and the FMF were of one mind about something: that the sugar tax posed a threat to the employment of several thousand people across South Africa. We hoped that this alone would be an indication to government – when organised labour and the free market lobby both disagree with a policy – that it must abandon the introduction of the tax. In its usual, unresponsive fashion, government pressed ahead.

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The Rule of Law and moving SA forward – MATTHEW SOUTH
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Mark Oppenheimer – How to stop expropriation without compensation
UPCOMING FMF event  

Wednesday, 27 February  2019 EVENING EVENT – So that was the budget: what now for South Africa? – Speaker: Dawie Roodt – 17:45 for 18:15 @ FMF – RSVP  http://www.freemarketfoundation.com/View-Event?i=204 
 

Wednesday, 6 March  2019 SPECIAL EVENING EVENT – Causes and consequences of Zimbabwe's dire economic predicament – Speaker: David Coltart – 17:45 for 18:15 @ FMF – more info to follow
 

FMF events can be watched LIVE via the FMF’s Facebook page by clicking this link: https://www.facebook.com/FMFSA/

Once on the FMF Facebook page, please scroll down until you find the presentation live streaming. Please note: the video remains available on Facebook after the event (though you will need to scroll down further to find it). OR you can watch it on our YouTube channel – usually uploaded within a day or two: https://www.youtube.com/user/channelfmf 
Latest FREE MARKETEERS podcasts  

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FMF in the media  

Media Digest & Cuttings JANUARY 2019 for all media coverage
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Publish date: 20 February 2019
Views: 781

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The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation. This article may be republished without prior consent but with acknowledgement to the author.

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