Nationalising Reserve Bank is not ‘prudent’, Cyril Ramaphosa says, finally
However, in a statement by the president, he did not address whether Magashule or Godongwana was correct
The ANC wants the SA Reserve Bank to be nationalised, but understands that this is not economically “prudent”, the party's leader, President Cyril Ramaphosa, said on Thursday.
Ramaphosa said in a statement following a meeting with the ANC officials that they viewed the recent public spats about the Bank's mandate as “not being helpful", and mitigating and undermining the confidence of citizens and investors. ..