Ramaphosa supports the idea of a State Bank - http://ctlive.info | cape town south africa vacation

May 17, 2018 5:59 am Categorised in:

The EFF has tabled a Banks Amendment Bill in the National Assembly to pave way for a state-owned bank. President Cyril Ramaphosa has indicated that it is actually a concept that originates from the ANC and that he is willing to throw his weight behind the idea as the banking sector needs to be transformed and cater to the diverse needs of the population. Cas Coovadia, MD of the Banking Association of South Africa joined us to weigh in with his perspective on the idea.


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