DA resolves to protect the Reserve Bank's independence

The DA says the independence of the Reserve Bank must be protected. Any move by the ANC and EFF to nationalise and change its mandate must be rejected, the party resolved at its congress.

Image:Any move by the ANC and EFF to nationalise and change its mandate must be rejected, the party resolved at its congress.

The ANC, at its national conference last year, took a decision to change the central bank’s mandate to play a bigger role in aiding the economy such as job creation. “A DA government will strongly defend and protect the independence of the Reserve Bank as part of a broader strategy to maintain macroeconomic stability.”

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