ANC backs Reserve Bank independence but wants it state owned
Bank should be nationalised, but it must remain indepedent, says Godongwana
06 July 2017 - 06:38
The ANC is mulling over the idea of nationalising the SA Reserve Bank but says its independence should be guaranteed. Addressing the media on the outcome of discussions in the economic transformation commission at the ANC’s national policy conference‚ party head of economics transformation sub committee Enoch Godongwana said that private ownership of the SARB was an "anomaly".
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