ANC vows to preserve Reserve Bank’s mandate

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The reserve bank will be nationalised

Magashule says Reserve Bank to be nationalised

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ANC not attempting to change Reserve Bank's mandate - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Chairperson of the African National Congress (ANC)'s Economic Transformation Sub-committee, Enoch Godongwana, says the party is not proposing to change the mandate of the South African Reserve Bank (SARB). EFF’ cardinal pillar.
Source: SABC News Online - 🏆 32. / 51 Read more »

Ahead of Davos, Ramaphosa reassures business on Reserve Bank’s roleThe president and finance minister Tito Mboweni are in agreement that the independence of the Reserve Bank is non-negotiable
Source: BDliveSA - 🏆 12. / 63 Read more »

Ramaphosa’s anti-graft bark has ‘no bite’ in ANC – analystsIf he had authority in the party, you would not see the likes of former home affairs minister Malusi Gigaba on branches' election candidate lists.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

TIM COHEN: Reserve Bank debate reflects ideological balance of forces in the ANCJacob Zuma disciples have dragged the issue into their exclusivist campaign — and the figures show this policy just doesn’t work
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LUKANYO MNYANDA: ANC manifesto highlights need for vigilance over Reserve Bank independenceWith the first interest-rate decision of 2019 due this week, the monetary policy committee would have been watching happenings at the Fed with interest
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ANC targets Reserve Bank mandate, wants more flexible monetary policyNewsletter| A review of the SA Reserve Bank mandate features in the ANC’s election manifesto, which brushes off the push for nationalisation, but instead drives for a more flexible monetary policy
Source: City_Press - 🏆 7. / 72 Read more »

Reserve Bank mandate is sacrosanct, ANC vowsParty manifesto states monetary policy must take employment, economic growth into account
Source: BDliveSA - 🏆 12. / 63 Read more »

ANC backtracks on Reserve BankThe ANC insists that it will not tinker with the mandate of the SA Reserve Bank (SARB), despite its election manifesto stating that monetary policy had to take employment and economic growth into account. Let’s face it the ANC doesn’t exactly have the greatest economic brains advising it? If it did would every SOE and municipality it governs in the country be bankrupt?
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Kganyago calls out ANC manifesto on the Reserve Bank🔒 Reserve Bank governor Lesetja Kganyago on Thursday said the bank’s mandate already included a focus on “balanced and sustainable growth”, which was enshrined in the Constitution. Economics 101 ! Ey Lesetja remember da Constitution ws done by da old ppl bck in 96 whom a u wer nt perfect, so nw tz 2019 f it doesn't talk 2 da challenges we facing nw therefore it must b amended, SARB s nt yours ur jst a governor u wer appointed in tht position whch cn b replaced anytym. He is quite right. Only the ignorant believe otherwise.
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Ace Magashule's Reserve Bank 'edit' puts ANC in spinA commitment in the ANC's manifesto on the Reserve Bank has reignited sharp divisions in the party, with supporters of President Cyril Ramaphosa accusing ANC secretary-general Ace Magashule of 'mis-representing' the party's platform. Ace has a new printer! He wants to print money. Lots and lots of money!!!! ferialhaffajee This is an opportunity to deal with Ace of kanjani? MYANC CyrilRamaphosa ferialhaffajee What an asshole. He looted the Freestate, now he is viewing the last economical outpost the Reserve Bank. An individual with his reputation should not even be in parlement. This is the kind of ANC, the voter is requested to vote for.
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