Cyril Ramaphosa says Reserve Bank mandate will not change
Ramaphosa's comments follow confusion about the ANC’s stance on the mandate and ownership of the Reserve Bank in the past few weeks
The mandate of the SA Reserve Bank will not be changed, President Cyril Ramaphosa said on Thursday in parliament.
“Today we reaffirm this constitutional mandate, which the Reserve Bank must pursue independently, without fear, favour or prejudice,” he said during his state of the nation address (Sona) in the National Assembly. ..