David Masondo smells a rat over push to nationalise Reserve Bank

08 March 2020 - 00:00 By S'THEMBILE CELE

Deputy finance minister David Masondo has taken a veiled swipe at fellow ANC leaders who he says are pushing for the nationalisation of the South African Reserve Bank because they stand to gain financially.

In an interview this week Masondo declined to give names but said some of his comrades could benefit if the government is forced to buy back Bank shares at inflated prices...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.