Leon Louw attacks his FMF creation, wants funders to stop supporting "corrupted" thinktank that's become politicised

Loading player...
On Friday the Free Market Foundation's President Leon Louw distributed an emotional 'Open Letter' explaining why he is leaving the once respected economic thinktank which he co-founded in 1975. In this interview with BizNews's Alec Hogg, SA's long-time voice for free enterprise explains how he believes the organisation has lost its way. He is appalled at its politicisation through a 'cabal' which has acquired control, reflected in its staff is populated by lawyers rather than economists. Louw has approached the funders of the FMF to request they withdraw their financial support of the organisation which is no longer able to interact across the political spectrum because, he claims, it has become aligned with the Democratic Alliance. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Jul 2022 7AM English South Africa Investing · Business News

Other recent episodes

Andrew Morphew - SA’s FMD plan fails as vaccinated animals become infected…

South African farmers are furious with the State's failures in its handling of the Foot and Mouth Disease outbreak and vaccination programme. In this interview with Chris Steyn, Andrew Morphew, the spokesperson for FMD Response SA says: “We are seeing the virus is continuing to spread. There's Foot and Mouth…
19 May 6AM 13 min

Tim Cohen: Doubling down on transformation

The fight over transformation policy in South Africa is intensifying as four of the biggest law firms legally challenge the new legal sector codes. Currency News Senior Editor Tim Cohen joins Irakli to discuss the deeper fault lines exposed by this clash, questioning whether the push for 50% black ownership…
18 May 11AM 9 min

Juanita du Preez: The police generals are falling like dominoes…

The deepening crisis in the South African police force has seen generals toppled either through suspension or arrest. In this interview with Chris Steyn, Action Society's Juanita du Preez comments on the suspensions of the National Commissioner, the Mpumalanga Provincial Commissioner, and the Head of Supply Chain Management, as well…
18 May 7AM 16 min