SA Reserve Bank | Radio 94.7 FM

If he did, he would not be in open warfare with the president and his economic cluster over the mandate of the Reserve Bank and its ownership.

Frankly, a guy with no grip on the concept of quantitative easing and its likely consequences for a suffering country should not be making pronouncements on policy, regardless of his interpretation of the resolutions of the ANC conference at Nasrec of 2017 or its election manifesto.

Those resolutions taken at Nasrec were full of the necessary caveats to protect the economy and the independence of the SA Reserve Bank. Critically on issues pertaining to the Reserve Bank, point 30 of the party resolution states:”Government must develop a proposal to ensure full public ownership in a manner that does not benefit private shareholder interests.”

The party handed the Reserve Bank project to government. It entrusted its deployed cadres to positions of power to sensibly apply its resolutions. They have been pr
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The Public Protector, Busisiwe Mkhwebane, said she was only trying clear Minister Pravin Gordhan’s name to end a dispute.

Mkhwebane alleges that the minister interferes with her investigation after Gordhan putted his legal representative on her.

The investigation is being conducted following the so-called privatization of the SA Reserve Bank which the minister has been accused of.

Earlier, the Public Protecter extended the time to Gordhan to respond to allegations that he was involved in the matter, claiming that she had the opportunity to clear the minister’s name.

She told the media that the minister should rather be pleased that the matter was being brought to a conclusion, but then he started interfering in the investigation of a complaint that was being put to the EFF.

Read the original article in Afrikaans on Die Vryburger
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