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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Proteas World Cup woes continue - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa's national cricket team has suffered their third successive defeat at 2019 Cricket World Cup, losing to 2011 champions India at Hampshire Bowl in Southampton. oh dear, sorry Hansie
Source: SABC News Online - 🏆 32. / 51 Read more »
Comrades Marathon upon us - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The anxious wait is almost over for about 20 000 runners who are set to tackle the 94th edition of the Comrades Marathon on Sunday.
Source: SABC News Online - 🏆 32. / 51 Read more »
Mcebo Dlamini back in court - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The case against FeesMustFall leader Mcebo Dlamini is expected to continue in the Johannesburg Magistrate's Court on Thursday.
Source: SABC News Online - 🏆 32. / 51 Read more »
VUT Vandebijlpark campus shut down - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Vaal University of Technology (VUT) has been shut down. Government should end once and for all the anarchy happening in our institutions of higher learning. Breeding of anarchy and anarchists continue unabated. We're sending children to learn, not to be turned into rascals there. Pity, poor Blade can't be decisive and beat anarchy.
Source: SABC News Online - 🏆 32. / 51 Read more »