Basa is alarmed by ANC’s decision to nationalise the Reserve Bank
The Banking Association SA notes that institutional stability needs to be protected, but it will work with leaders committed to the national interest
21 December 2017 - 16:56
The Banking Association South Africa (Basa) said on Thursday that it was particularly alarmed that the ANC conference had resolved to nationalise the South African Reserve Bank. "Critical state institutions have been steadily attacked to support the politically expedient needs of the few, and the conference indicates little hope of this being curtailed," Basa said in a statement.
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