'You can't talk economic freedom if you do not have a financial institution; you need a bank that will support black entrepreneurs.'
The ANC says it will consult widely on nationalising the Reserve Bank.
The Reserve Bank has rejected allegations that it is biased against black banks.
The three-year appointment is not only an impressive personal achievement, it’s also a significant opportunity for South Africa and the African continent.
"Corruption and misrule will be history," says the Reserve Bank Governor.
Is New Eskom Boss The Right Man To Fill Its R355-Billion Hole? Absolutely, Says SARB Governor Lesetja Kganyago.
Phakamani Hadebe knows Eskom inside and out.
The members of the IMFC selected Kganyago for a term of three years, effective January 18.
The SARB's monetary committee will meet on Thursday.
The bank says nationalising it would be a damaging "cosmetic" exercise.
Failure to generate enough economic growth and to maintain a healthy fiscal and external balances keeps large portions of a country’s population in poverty.