CARTOON: Reserve Bank fallacy

Cyril Ramaphosa has once again dragged the Reserve Bank into the political arena

The president says  changing the central bank’s ownership will  not necessarily affect its independence

Well-intentioned critics of inflation targeting need to base their objections on strong analysis

Undermining central bank independence can only result in economic harm as in Zimbabwe and Venezuala

The Bank has been mismanaging monetary policy for the past three decades, with punitive, usurious real interest rates