This after Finance Minister Tito Mboweni took to twitter to criticise the ANC’s plan to nationalise the Reserve Bank.ANC spokesperson Pule Mabe says such conduct feeds into the narrative of policy uncertainty.“It is our view that comrade Tito should act with care and be cautious at all times on matters of policy given his position as Minister of Finance.
“On the Reserve Bank, the NEC has already reaffirmed a conference resolution to return the sovereignty of this important national institution to the people of South Africa as a whole.” “Presenting the January 8 statement President Cyril Ramaphosa reaffirmed the organisations on the role, mandate and independence of the Reserve Bank and that it will undertake the process towards full public ownership of the bank in a manner and according to a timeframe that is prudent and affordable and that does not benefit private shareholder speculators.”
Answer the question. What do you want to achieve by nationalizing the SARB. Don’t tell me about internal debates, NEC, etc. what do you want to achieve? Lets answer that fundamental question.
Source: News Formal (newsformal.com)
Naughty boys 2020
Why is it an issue when Tito Mboweni criticizes the policy of the Reservebank's nationalisation but when the mayor that dishes out toilet tenders amounting to billions of rands in the Ekhuruleni Metro, the MyANC keeps quite?
Paulkubheka1 Tito Mboweni is defending his 10 000 shares at the Reserve Bank! ANC comrades do not care about the people.... they are only taking care og their personal wealth and interests.
When Tito got recycled, he became more arrogant.
But it accepted during the Zuma's administration? Vela what happened to the so called veterans they were very busy doing interviews and lectures
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