Reserve Bank steps back from debate on nationalisation

South Africa News News

Reserve Bank steps back from debate on nationalisation
South Africa Latest News,South Africa Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Reserve Bank steps back from debate on nationalisation 🔒

The Reserve Bank has withdrawn from the public debate about its nationalisation and is leaving it to the politicians, governor Lesetja Kganyago says.

“We have spelled out why we were opposed to that and quite frankly we think it is a distraction. But we have decided to step away from the debate,¨” he said on Wednesday at an event hosted by the Cape Town Press Club.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reserve Bank steps back from debate on nationalisationGovernor Lesetja Kganyago says the issue is a distraction, and is leaving it to the politicians
Read more »

Suspended sentence for Cape Town barman who cloned bank cardsCloned bank card fraudster Songeza Gqolana, 27, has been convicted and served with a suspended sentence at the Specialised Commercial Crimes Court in Bellville, Cape Town.
Read more »

Suspended sentence for Cape Town barman who cloned bank cardsCloned bank card fraudster Songeza Gqolana, 27, has been convicted and served with a suspended sentence at the Specialised Commercial Crimes Court in Bellville, Cape Town.
Read more »

'I will open my bank accounts': Patricia de Lille on R40m border fence wranglePublic works minister Patricia de Lille has pledged to allow MPs to study her personal bank accounts to prove she is not corrupt and did not benefit from tender irregularities related to the controversial R40m Beitbridge border fence.
Read more »

'I will open my bank accounts': Patricia de Lille on R40m border fence wranglePublic works minister Patricia de Lille has pledged to allow MPs to study her personal bank accounts to prove she is not corrupt and did not benefit from tender irregularities related to the controversial R40m Beitbridge border fence.
Read more »

Home repossessions are the last resort, says Absa bank“It is in both the homeowner’s and Absa’s best interest that we do everything we can to sell the property before we reach the last mile: repossession,” said Mbuyiselo Khumalo, head of Absa’s Home Loans Collections. busrep LockDownSouthAfrica
Read more »



Render Time: 2025-02-27 00:13:33