Free Market Foundation

The Free Market Foundation (FMF) is a classic liberal think tank. Founded in 1975, the independent public benefit organisation is meant to further human rights and democracy through the principles of an open society, the rule of law, personal liberty, and economic and press freedom.

From 2012 until May 2014, businessman Herman Mashaba served as chairman of the Foundation. He stepped down from his position when he joined the Democratic Alliance as an "ordinary card-carrying member", citing the need for the Foundation to remain political impartial.

Since 2013, the FMF have led an initiative with First National Bank (FNB) called the Ngwathe Land Reform Project. FNB executive Simphiwe Madikizela explained: “When you release title deeds wealth is created for the community. Once people have the title deed, they can extend property and make a living off the property by renting the rooms. They can use their home as collateral to get loans for other personal purposes.”

The FMF has expanded the title deeds to large parts of the Eastern Cape and KwaZulu-Natal.

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