Gigaba warns against messing with independence of Reserve Bank
'I respect the right of the Public Protector to make whatever determination but I also support fully the independence of the South African Reserve Bank'
South Africa should protect the independence of the Reserve Bank and must evaluate what effect the recommendations of the graft ombudsman to alter its mandate will have on the institution, Finance Minister Malusi Gigaba said. “I respect the right of the Public Protector to make whatever determination but I also support fully the independence of the South African Reserve Bank,” Gigaba said a Bloomberg Television interview in London. “We must not take any measures that are going to undermine that independence and so whatever decision we arrive at must not undermine the independence of the South African Reserve Bank.”
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