SARB’s mandate up for review

sarb

South Africa's government will again look at the South African Reserve Bank's mandate, a move which could see the central bank's inflation-targeting remit watered down.

A spokesperson for the African National Congress (ANC), the ruling political party, told reporters on Sunday that it was to review the mandate. An official statement is yet to be made, though an ANC spokesperson on Tuesday confirmed to CentralBanking.com that the mandate would be reviewed. He would not comment on the specifics of

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