For the state to nationalise the Reserve Bank, it will have to buy out its shareholders, which will come at a hefty bill to the already strained fiscus.
In an exclusive interview with Eyewitness News, Kganyago says the Reserve Bank will not be drawn into the ANC’s engagement on nationalising it.
Qaanitah Hunter says the ANC predicts that this engagement may take one to two years to complete before they can begin implementation.
DA’s Dean McPherson wanted to know how the nationalisation of the Reserve Bank, as resolved by the ANC at its December conference, would assist in the fight against illicit financial flows.
