The Free Market Foundation (Southern Africa) is an independent public benefit organisation founded in 1975 to promote and foster an open society, the rule of law, personal liberty, and economic and press freedom as fundamental components of its advocacy of human rights and democracy based on classical liberal principles. It is financed by membership subscriptions, donations and sponsorships.
South Africa is no Venezuela, which ranks at the very bottom with one of the worst-performing economies in the world. But neither is it close to the top of the list and among the best. The Economic Freedom of the World Index tells a sad tale of South Africa's decline in recent years.