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
06 June 2019 - 17:28
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. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.