NATIONAL NEWS - Statements made by ANC secretary-general Ace Magashule in a post-lekgotla briefing on Tuesday have caused widespread discord within the ruling party and other government structures.
Magashule stated that the ruling party wanted the mandate of the South African Reserve Bank (SARB) to be expanded to focus on development and job creation.
This sparked debates on social media, led by former Reserve Bank governor turned Finance Minister Tito Mboweni who even had to resort to Facebook due to Twitter’s character limit in an effort to get his point across.
Mboweni’s sentiments were echoed by the ANC’s economic transformation head, Enoch Godongwana, who said a National Executive Committee Lekgotla was not a decision-making body.
Speaking to radio host Stephen Grootes on SAFM on Wednesday, Godongwana said Magashule’s statement was inaccurate.
“We’ve been debating this issue about the mandate of the reserve bank for a while. From the National General Council in 2015 to Nasrec in 2017 and we closed that debate. So no other structure can take such a decision and overrule the decision of conference,” said Godongwana.
