‘Exasperated’ Mboweni says stop ‘obsessing’ about Reserve Bank and ‘shouting’ at business

In an open letter on Tuesday, published to his Facebook account, Finance Minister Tito Mboweni says he is getting “exasperated” with the continued attacks on and obsession with the SA Reserve Bank.

Mboweni added that the focus needed to be on growing the economy through “micro-economic restructuring”. He added that all farmers, including white ones, were important to grow the agricultural sector and create jobs, and farmers needed to be embraced.WHAT IS THIS OBSESSION WITH THE SOUTH AFRICAN RESERVE BANK?

3.2) Then there is this: the South African Reserve Bank operates independently without fear, favour or prejudice, provided that there is regular consultation with the Minister of Finance. Done.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reserve Bank sounds frank warning | Business | M&G
Source: mailandguardian - 🏆 2. / 92 Read more »

ANC to lock horns with Reserve Bank over job-creation mandate | IOL Business ReportParty secretary-general Ace Magashule said the lekgotla tasked is deployees to implement the resolutions of its 2017 national conference in full. Professor Parsons et al are confused and displaying lack of knowledge of macroeconomics. There’s nothing wrong with the SARB’s mandate being extended to include employment and growth. Other central banks have similar dual mandates
Source: IOL - 🏆 46. / 51 Read more »

Standard Bank’s SimplyBlu takes e-commerce to business banking spaceThe bank has launched an all-inclusive online store hosting and digital payment package to garner market share in the SME banking segment
Source: BDliveSA - 🏆 12. / 63 Read more »

Standard Bank’s SimplyBlu takes e-commerce to business banking spaceThe bank has launched an all-inclusive online store hosting and digital payment package to garner market share in the SME banking segment
Source: BDliveSA - 🏆 12. / 63 Read more »

BUSINESS MAVERICK: Forget fintech, it is Big Tech that banks should fear the mostWhile fintech start-ups have slightly rattled the cages of traditional global banks, the establishment is as strong as ever. But Facebook and Amazon are about to enter their turf, and given their power and size, banking as we know it might not survive the onslaught.
Source: dailymaverick - 🏆 3. / 84 Read more »