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

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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
20 Nov 2019 2PM English South Africa Investing · Business News

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