FMF NEWSLETTER 24 June 2020

FMF NEWSLETTER 24 June 2020

FMF update
To all our supporters, members, friends, and the South African public, please take all necessary steps to remain safe and healthy in these very difficult times. The FMF has been hard at work researching the impact of the lockdown, especially the impact of regulations on poorer South Africans. To read all of the FMF's work on the COVID-19 lockdown thus far, click here.
New FMF article
Zero-based and cash budgeting should both be adopted by government - Mpiyakhe Dhlamini Finance minister Tito Mboweni has made remarks that seem to favour zero-based budgeting, an approach that would weigh each expenditure item, each departmental budget, against government goals. The Minister has said that this would entail focusing on 'infrastructure development and other growth-enhancing measures' and come at the expense of those programmes considered wasteful in relative terms. To read further, please click here.
Latest FMF event video
A horrible budget in horrible times – Dawie Roodt
Latest Free Marketeers episodes (listen, subscribe, share)
COVID-19 & lockdown impact on National Budget - Free Marketeers Centralising SA's healthcare now would be fatal - A conversation with Henru Kruger Police, race, lockdown, and capitalism - Free Marketeers Our podcasts are also available on Apple, Spotify, and Google
FMF in the media
FMF CEO Statement – On the declaration of the illegality of lockdown regulations Media release – Signs that cigarette ban may last to level 1; it should be reversed immediately FMF interview on BizNews – Upacking Davis judgement which lays into NDZ's "irrational" lockdown regulations – Leon Louw, FMF CEO FMF onderhoud op RSG – Die herstrukturering van die Suid-Afrikaanse Lugdiens – Leon Louw FMF articles From housing to education, this is what SAA's restructuring could buy for South Africans – Jacques Jonker High data prices? Don’t blame Vodacom and MTN – Martin van Staden Government stimulus has not worked, let’s try something else – Mpiyakhe Dhlamini FMF video, in partnership with Atlas Network – Khaya Lam – Upward Globility: Whose land is it anyway? \| South Africa Quarterly Review: January 2020 – March 2020 Media Digest & Cuttings May 2020 for all media coverage
Worth readings
Counting the cost of collective-bargaining on SA's education sector - Financial Mail South Africa’s ban on tobacco due to COVID-19 is needless - African Liberty South Africa sees debt topping 100% of GDP in 2025 - Bloomberg SA Express is crashing because of poor financial management - Scopa - 702 SA records sharp drop in foreign direct investment - BDLive
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Publish date: 24 June 2020
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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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FMF NEWSLETTER 24 June 2020

A horrible budget in horrible times – Dawie Roodt