'You can't talk economic freedom if you do not have a financial institution; you need a bank that will support black entrepreneurs.'
As long as the SA Reserve Bank remains independent, very little will change if government 'nationalises' the bank.
To evade an awkward question, the deputy president claimed that Moody's never mentioned the SARB in its review of SA's investment grade. But it did.
The company reportedly wants to cut ties with the Guptas.
"Capitec is solvent, well capitalised and has adequate liquidity," says the South African Reserve Bank.
"Corruption and misrule will be history," says the Reserve Bank Governor.
The SARB's monetary committee will meet on Thursday.
The bank says nationalising it would be a damaging "cosmetic" exercise.
The party wants private shareholders of the SARB to be bought out