South Africa to press ahead with Sarb nationalisation

Cyril Ramaphosa
Government of South Africa

South African president Cyril Ramaphosa said before parliament on March 7 that the ruling African National Congress (ANC) aims to go ahead with plans to nationalise the central bank.

Mmusi Maimane – leader of the main opposition party, the Democratic Alliance – asked Ramaphosa to clarify the government’s position regarding the South African Reserve Bank (Sarb).

“The governing party is taking a very clear resolution that says the reserve bank of our country should be owned by the people of

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