https://www.engineeringnews.co.za

ANC will not tamper with central bank's independence – Ramaphosa

President Cyril Ramaphosa

President Cyril Ramaphosa

16th January 2019

By: Reuters

  

Font size: - +

South Africa's ruling African National Congress has no intention to tinker with the independence of the Reserve Bank, President Cyril Ramaphosa said on Wednesday, after the party said the central bank should broaden its focus to boost employment and economic growth.

"There is no intention whatsoever to tamper or tinker with the independence of the central bank," Ramaphosa said.

"The governing party is essentially saying we have got a burning platform with regard to employment, and we would like everyone to focus on the creation of jobs. Clearly there is nothing wrong with that," he added.

To watch Creamer Media's latest video reports, click here
 

Edited by Reuters

Comments

Latest Multimedia

Photo of Martin Creamer
On-The-Air (26/04/2024)
Updated 2 hours 16 minutes ago By: Martin Creamer

Showroom

SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.159 0.22s - 174pq - 2rq
Subscribe Now