Perry Feldman on FMF's Khaya Lam: 8,500 new homeowners - 6m to go

Loading player...
There is a strong school that believes those who have accumulated wealth make great philanthropists because they understand how to leverage their resources for maximum impact. In this fascinating interview, Perry Feldman shares a practical example of this by unpacking an innovative homeowner focused project championed by the South Africa's Free Market Foundation. By applying grants from supporters - Richemont chairman Johann Rupert among the most prominent - the FMF's Khaya Lam project has been attacking administrative blockages and municipal red tape to secure title deeds for thousands of beneficiaries. Having these important papers has transformed the lives those who have sometimes occupied self-built homes for decades without enjoying the benefits of legal security of tenure. With 6m other South Africans in a similar position, some might ask why the FMF bothers when the odds are stacked so heavily against it. But like the little girl on the beach throwing back one of thousands of stranded starfish, while the impact might appear small, the difference for the one supported is life transforming. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
20 Nov 2019 11AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 5AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 3AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
28 Jun 9PM 15 min