Claire Bisseker Economics writer

It must be intensely frustrating to be the governor of the SA Reserve Bank. It remains the one steadfast pillar of institutional quality among the ruins of state capture, and yet there is a faction in the ANC that wants to pull it down.

Aside from politically motivated ANC hacks, who seek to use monetary policy as a trap in which to ensnare President Cyril Ramaphosa, there are many ordinary South Africans who just don’t understand how the Bank works...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now