There is no reason to nationalise the Reserve Bank
Calls by the EFF and ANC are premised on political ideology and a poor grasp of the law
17 November 2020 - 16:17
Proposals to replace the private ownership of the Reserve Bank with full ownership by the state are frequently raised on the political scene.
It is a debate that seems to be fuelled not by a motivation to remedy any existing flaws but rather to appeal to populist ideology. Should these proposals meet with success, it will be to the detriment of the Bank’s much-respected institutional strength...
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