Ramaphosa clears up ANC plans for Reserve Bank

[BusinessTech]

Ramaphosa clears up ANC plans for Reserve Bank

President Cyril Ramaphosa has clarified what was meant by recent comments about the South African Reserve Bank, made during the ANC's latest inaugural conference.

 

[konfab]

Preserving the value of the currency is the best way to promote long term stability.

The reason why there is unemployment in the country isn't because of the policies of the reserve bank. It is because of the policies of the ANC that make employment expensive.

 

[ConfusedR]

Yeah. South Africa is not destroyed enough yet