PETER BRUCE: Magashule’s Reserve Bank blip fails to dupe Ramaphosa
President has learnt valuable lessons and will not respond to an internal ANC crisis without first consulting the top six or the national executive committee
For a news addict there’s still one benefit to being on holiday when a big story breaks. The benefit is that you don’t get to write about it and, in the process, put your panic threshold on premature public display.
So when ANC secretary-general Ace Magashule stood up last week and announced the change of the Reserve Bank’s mandate and pretty well the end of life as we know it, I was unpacking cardboard boxes in a new home in a new part of the country. I wasn’t paying attention. The papers don’t get delivered where I live now so even the next day the most I was aware of was a fleeting glance of the front page of Die Burger in the local OK. Didn’t register much.