Ramaphosa condemns recent Reserve Bank public spats - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Ramaphosa condemns recent Reserve Bank public spats

Ramaphosa says that while the wants the Reserve Bank to be publicly owned, it says the party recognises that it is not prudent to effect this given the current economic and fiscal situation facing the country.

He has disclosed this after a meeting with the party’s national officials at Luthuli House in Johannesburg on Thursday. The President says that the ANC’s policy on the Reserve Bank, as set out in the Constitution, has not changed.

 

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There would never be a perfect time/condition other than currently, while the chips are down. If one follows Thuma Mina line of reasoning. 'When/if' the economy improves, the argument would be why change a 'working' Reserve Bank.

Debating Mr president don't worry about them

I rebuke the spirit of borrowing and increasing taxes to pay interest. I also rebuke the spirit of increasing interest rates unnecessary

If he doesnt stand up n start taking charge he will lose control

mthengisi

Thank u President show yo leadership

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