FMF NEWSLETTER 9 May 2018

 

FMF NEWSLETTER 9 May 2018    
EDITORIAL  

Dear friend of the FMF

In this week’s feature article, Gary Moore explains why an amendment to the Constitution to allow for expropriation without compensation would be a fundamental violation of the Rule of Law. Moore explains how the Constitution already allows for expropriation. In 2017, the High Level Panel reported that government had failed to effectively use the powers available to it in the Constitution and that an amendment is not necessary to speed up land reform. Expropriation without compensation for land reform purposes would impair the Rule of Law by limiting people’s fundamental rights to property and equality as well as their protection against unfair discrimination. It would also violate SA’s obligations under international law.

FEATURE article  

Expropriation without compensation would affect the rule of law  – GARY MOORE

The Expropriation Act authorises government expropriation of private property for market-value compensation. 

The Constitution states that compensation for expropriation must reflect “equitable balance” between the public interest and interests of those affected, having regard to “all relevant circumstances” including the property’s current use, the history of its acquisition and use, market value, any state investment or subsidy in the acquisition or capital improvement of the property, and the expropriation’s purpose.

 

TAX FREEDOM DAY (TFD)  

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LATEST FMF event videos (WATCH)  

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

UPCOMING FMF events  

Wednesday, 23 May 2018 MEDIA BRIEFING – Terence Corrigan (IRR) and Temba Nolutshungu (FMF) – Expropriation Without  Compensation @ FMF – more info to follow

Wednesday, 31 May 2018 EVENING EVENT – Cecelia Kok (FNS)   The value of liberalism  @ FMF more info to follow

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DIRECTORS' quotes  

WORTH reading  

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FMF in the media  

Media digest APRIL 2018 for all media coverage

SOCIAL media  

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Robert Vivian and Leon Louw – FAIS: the harbinger of things to come

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Frans Rautenbach – The law trade unions and growth - what role do they play in job creation?
Eustace Davie –  Failure to respect constitutional rights causes mass unemployment
Leon Louw – New law guaranteed to raise price of data and limit internet access
Adrian Saville – Paths to prosperity - lessons for a six pack solution
Leon Louw – South African Airways: The facts behind the fiction

Neil Emerick –  Will South Africa crash and burn?
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
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