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


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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