South African politicians tussle over central bank mandate

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Elske Photography

Leaders of the ruling African National Congress and members of the South African government have clashed over the mandate of the South African Reserve Bank in the wake of the May general elections.

“The national executive committee agreed to expand the mandate of the South African Reserve Bank beyond price stability to include growth and employment,” said African National Congress (ANC) secretary-general, Ace Magashule, at a press conference on June 4.

Magashule claimed the party had also

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