FMF Launches ‘R1 Million Challenge’ To Promote Free Market

The Free Market Foundation (FMF) is in the process of raising funds for its various projects by way of the “R1 Million Challenge”.

Unlike a government department which is plugged into the ostensibly endless supply of taxpayer money to try all the bad answers to social problems, the FMF has identified the correct (and only real) solutions to many of South Africa’s problems but relies on voluntary donations.

The FMF was founded in 1975 to promote and foster an open society, the Rule of Law, personal liberty, and economic and press freedom as fundamental components of its advocacy of human rights and democracy based on classical liberal principles.

It has been in the news lately for the work it has done on the new Electronic Communications Amendment Bill. The FMF argues that the new policy will likely exacerbate the problems identified in the controversial #DataMustFall campaign, as the government intends to nationalise much of South Africa’s ICT infrastructure. The FMF has also resolutely opposed the introduction of National Health Insurance, arguing that the project is unaffordable and that a consequence of the policy would be the destruction of South Africa’s private healthcare industry.

From the challenge’s page:

“Credit Card Donations

To donate to the FMF R1Million challenge using our secure credit card payment facility CLICK HERE

Reference: “FMFC”

EFT Donations

Free Market Foundation

Standard Bank

Sandton Branch 019205

Account Number: 421 066 946

Reference: “FMFC”

FNB

Sandton City Branch 254605

Account Number: 622 703 016 50

Reference: “FMFC”

To send proof of payment or for any questions please click here to send an email.”

Until 31 January 2018, all donations will be supercharged by 50% by a generous donor. If you wish to support the Free Market Foundation and the work they do, consider making a donation.

* Martin van Staden is Legal Researcher at the Free Market Foundation.