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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
Source: BDliveSA - 🏆 12. / 63 Read more »
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 »
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 »
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
Source: BDliveSA - 🏆 12. / 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.
Source: mailandguardian - 🏆 2. / 92 Read more »
Rand weaker on less hawkish Reserve Bank stanceThe rand was weaker on Friday, a day after the central bank adopted a less hawkish tone at its monetary policy meeting. This is what Media was tolled to do SAReserveBank when ever Nationalisation is discussed. 😂😂😂
Source: eNCA - 🏆 49. / 51 Read more »
HANNA ZIADY: Attacks on Reserve Bank show acute lack of understanding of its mandateThe rhetoric surrounding the Bank signals the 'post-truth' trend in SA’s political discourse
Source: BDliveSA - 🏆 12. / 63 Read more »
Twitter users respond to Mboweni, Masina spat over Reserve BankOn Thursday, Masina hit out at the Reserve Bank governor, accusing Lesetja Kganyago of thinking he is bigger than the 'party that deployed him'.
Source: ewnupdates - 🏆 30. / 53 Read more »
EDITORIAL: Reserve Bank at centre of political divisionsCalls by a faction in the ANC to nationalise the Bank has serious and dangerous consequences ANC should split, to avoid fighting over the name, new parties should be named 'dumb' and 'dumber'
Source: BDliveSA - 🏆 12. / 63 Read more »
All eyes on Reserve Bank interest rate decisionSA’s central bank is expected to hold its repo rate at 6.75% in 2019 after raising interest rates in November 2018
Source: BDliveSA - 🏆 12. / 63 Read more »