Banks, business warn on Mangaung policy decisions

2012-12-11 08:46

Banks have warned the ANC to be aware of the implications of its policy decisions at the upcoming Mangaung conference, it was reported.

Banking Association of SA managing director Cas Coovadia said the policy decisions to be taken at the party’s elective conference next week could have a negative effect on banks, Business Day newspaper reported today.

“The bottom line is, if (ANC delegates) take incorrect decisions on mining, land and agriculture, it has an impact on us,” said Coovadia.

ANC economic policy head Enoch Godongwana said he agreed with Coovadia that policy discussion was the key issue.

“Like banks, we love this country and we will make decisions that help us improve our socio-economic issues.

“What we refuse to accept is for people to prescribe what decisions we should make.”

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.