ANC officials clash over Reserve Bank mandate
Top ANC officials have clashed over the mandate of the South African Reserve Bank after party Secretary-General Ace Magashule said the mandate of the Bank will be expanded.
Hours after Magashule had told journalists at Luthuli House that the National Executive Committee had agreed at its weekend lekgotla in Irene, Pretoria, that the mandate of the Sarb will be expanded to include employment and growth, Mboweni and Godongwana denied this.He also denied a claim by Magashule that the ANC will set up a task team to look into quantitative easing.
In a Tweet posted on Tuesday evening Mboweni said there was no decision to change the mandate of the Sarb.
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