Business Maverick: Free Market Foundation president Leon Louw resigns following organisational fracture

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 84%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Bitter, angry, resigned. The founder and president of the Free Market Foundation, Leon Louw, has resigned from the organisation he founded four decades ago, claiming a kangaroo court disciplinary hearing was the last straw.

Leon Louw, who for the past 47 years has been the embodiment of the Free Market Foundation , has left the organisation in disgust after it fractured into two opposing camps.

At the core of the split was a difference of opinion on how to position the organisation strategically – a similar difference in strategy that has afflicted other liberal organisations in the wake of the decline in the popularity of the ANC – with one side advocating an explicitly political position and the other favouring political neutrality.

For the other side of the split, Louw’s views are outdated and rooted in a different era, and they want the organisation to be more specific and direct in its criticism of the government’s actions, spurred by an increasingly dire political situation and low economic growth. Members argue that fundamentally, the values of the organisation have not changed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Free agents proving too expensive for PSL marketTwo years since Covid-19, soccer clubs are still feeling the ripple effect of the financial crisis which came with the pandemic as some are battling to afford the salaries of players, especially those coming from big teams. Three klipa will do
Source: SowetanLIVE - 🏆 13. / 63 Read more »

MARKET WRAP: JSE and rand weaker as investors digest inflation lurchArcelorMittal bucks the trend with 16% advance after steelmaker says it expects profit bump
Source: BDliveSA - 🏆 12. / 63 Read more »

SA's housing market is booming – especially in Cape Town – despite rising interest rates | BusinessinsiderActivity in South Africa's housing market surged in the second quarter of 2022, with Cape Town suburbs attracting special attention. Headline should be: inequality is booming in South Africa
Source: BISouthAfrica - 🏆 34. / 51 Read more »

The market has crashed. Now what?[ADVISOR VIEW] A stock market crash provides you with the perfect opportunity to increase your equity allocation at a reasonable cost. However, it's also important that you don't make panic buys: JonathanBraans - NFBwealth. PersonalFinance Investing
Source: Moneyweb - 🏆 5. / 77 Read more »