Sarb defends amendment bill against investor attack


The South African Reserve Bank (Sarb) on Friday dismissed media reports that its bid to raise governance standards and weaken shareholders' grasp on the central bank was taking a beating in the country's parliament.

Hlengani Mathebula, the Sarb's head of group strategy and communications, told that a parliamentary hearing on the Sarb amendment bill, which ran from Tuesday to Friday, had gone well for the central bank. "Judging from the questions that were asked today and the a

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