FMF NEWSLETTER 21 April 2021

FMF FEATURE ARTICLE
The eternal blessings of profit, which creates all economies
- Temba A Nolutshungu
The word "profit" must be one of the most maligned and vilified in human history. This is either out of ignorance, for ideological reasons, or out of pure malice.
Yet the concept of profit is a crucial factor in defining and determining human action, and especially the pursuit of individual and collective socioeconomic aspirations. It could plausibly and axiomatically be argued that the pursuit of profit is inextricably embedded in human DNA.

On Tuesday 13 April 2021, FMF launched a Socio Economic Impact Assessment (SEIA) of ICT and spectrum policy, and its impact on consumers. The findings are not good. “Regulatory failure and outmoded ideology have deprived South African consumers of better mobile coverage and lower prices. That is the key message of this study,” said FMF President Leon Louw.