
Shifting towards market-driven mechanisms, rather than continuing with price controls, would not only enhance market fairness but would also create a more level playing field for all participants.

It must now be clear that these magic words are very powerful indeed. They are more powerful than presidents, generals, legislators, and judges.

As a result of the collapse of almost every government service and state owned enterprise, South Africans are perforce increasingly seeking ways to avoid or replace government services.

Despite the fact that South Africa is known to be the highest taxed nation on the African continent, it has been suggested that yet another direct “tax” be imposed on wealth, payable on the value of assets accumulated by persons over a lifetime and paid for from their already over-taxed income.

In a previous article I discussed the substantial role insurance brokers played in the creation of the South African insurance market and touched on the role of brokers in the medical schemes market.

Brokers are a feature of the medical schemes market and subject to extensive regulation in terms of the Medical Schemes Act, its regulations, and circulars issued by the Council for Medical Schemes (CMS).

Fixing prices is not the terrain of the Financial Services Conduct Authority (FSCA).

No democratic society has ever willingly submitted to the kind of arbitrary taxation currently taking place in our country.

To understand the US Supreme Court judgement, it is useful to have some understanding of the American constitutional dispensation.