Morning clouds. Mild.
The head the ANC’s sub-committee on economic transformation, Enoch Godongwana, has denied the party resolved to change the mandate of the central bank at its 2017 conference.
Earlier in the week ANC secretary general Ace Magashule said the party's NEC agreed to expand the Reserve Bank’s mandate, promoting stringent denials from Finance Minister Tito Mboweni.
The South African Communist Party has reaffirmed its long-standing policy position, that the mandate of the Reserve Bank must explicitly include employment growth targeting.
South Africa’s banks should be forced to invest in new coal mines in the country, the ANC’s head of economic transformation has said.
Fin24 sat down with Enoch Gondongwana to discuss the ANC's manifesto and electoral chances.
ANC leader Enoch Godongwana says a correlation between electoral success and economic performance has made the party uneasy ahead of the 2019 elections.
The chair of the ANC's subcommittee on economic transformation, Enoch Godongwana, says the party will work to transfer land without affecting negatively food production.
ANC economic heavyweight Enoch Godongwana warns that the new Mining Charter could add to the increasing tally of job losses in the sector.
The government will have to re-think the costly and highly contentious nuclear expansion programme, following the country downgrading to junk status, says the ANC.
The ownership of South Africa’s economy has not yet been deracialised, says Deputy Finance Minister Mcebisi Jonas.
The ANC used to pride itself on being a "broad church", a place where people of different persuasions, convictions and orientations could come together and thrash out unity and compromise. But Ace Magashule's statement this week about the SA Reserve Bank shows that has changed, writes Pieter du Toit.
Public clashes of top ANC officials around the expansion of the mandate of the South African Reserve Bank are likely to be a talking point in a meeting of the party's top six.
Tito Mboweni and Enoch Godongwana came out late on Tuesday evening to deny any concrete plans or commitments to expanding the Reserve Bank's mandate, despite reporters being told that that was the case during a briefing of the party's Lekgotla.
The ANC's head of economic transformation been named as a member of the board of the Development Bank of Southern Africa, which provides developmental infrastructure in SA and the rest of the African continent.
The commission has heard that ANC leaders Enoch Godongwana, Gwede Mantashe and Jessie Duarte met with Standard Bank and Absa while FNB declined an invitation.
Changing the ownership structure of the SA Reserve Bank could raise financial and economic risk and uncertainty for the country, warns the central bank.
The Reserve Bank’s nationalisation proposal might be symbolic, but the ANC policy conference of the past week confirmed that the bank is a target of factions in the ANC.
The African National Congress wants an inquiry into allegations of undue influence on state officials by the Gupta family and private business to move quickly.
The chair of the ANC's subcommittee on economic transformation, Enoch Godongwana, says they are yet to understand the full implications of "junk status" at this stage.
Deputy Finance Minister Mcebisi Jonas said it is important to preserve the country’s investment credit rating as it will impact the poor as well as the rich.
Cape TownMass Staffing ProjectsR400 000.00 - R600 000.00 Per Year
Cape TownProfessional Career ServicesR10 000.00 - R12 000.00 Per Month
Cape TownTumaini ConsultingR540 000.00 - R800 000.00 Per Year
R 6 950 000
R 3 700 000
R 4 500 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
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.