The Reserve Bank and the National Democratic Revolution...

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OPINIONISTA: The Reserve Bank and the National Democratic Revolutionary Alliance By Anthea Jeffery

 

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Governor stands firm on Reserve Bank mandateGovernor Lesetja Kganyago says the institution already meets monetary policy criteria set out in the ANC's manifesto Derek_Hanekom Of course it does, that's literally how it works. If it didn't, it would have tanked the economy by now. What people want to do has nothing to do with the economy and more about control Derek_Hanekom The Governor n his SARB must take us seriously now! How in the middle of technical recession they never reduced Repo Rate but chose to either retain or increase it: Monetary Austerity at its best! SARB mandate and its policy independence must be reviewed as other countries do!
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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. 😂😂😂
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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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