Get the storm gear out, the wave of Ace-led populism on land and the Reserve Bank has only started

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By Sam Mkokeli

How can so many people be so wrong and so right at the same time? Enoch Godongwana, Tito Mboweni and Lesetja Kganyago, pooh-poohed ANC secretary-general Ace Magashule’s unconventional ideas about the mandate of the reserve bank. Then in a rare move late on Thursday, President Cyril Ramaphosa also released a statement attempting to muzzle Magashule, labelling “public spats” about the mandate of the Reserve Bank as unhelpful. The statement followed an emergency Top Six meeting on the economy.

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