ANC commission wants to nationalise Reserve Bank
The proposal has thus far not been contested in the plenary session
05 July 2017 - 14:41
The debate on nationalising the Reserve Bank has been won in the ANC’s economic transformation commissions‚ and will be discussed in the plenary session. According to sources inside the plenary at the ANC policy conference‚ the report from commissions contains the policy proposal‚ which was among the most hotly contested in commissions. It is understood that this means shares in the Bank must be owned by the state - as happens elsewhere in the world.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.