SARB’s Marcus reminds shareholders of responsibilities

gill-marcus

Gill Marcus, the governor of the South African Reserve Bank (SARB), on Tuesday castigated shareholders attempting to profiteer from their investment in the central bank in a letter.

Despite the good intentions of the many, "the institution currently faces a challenge, ostensibly lacking in principle and evidently driven by the self-interested profit motive of a very small minority of shareholders," she said. Such investors were not acting in the best interests of central bank, South Africans, or

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