What ANC’s policy means for SA’s investment case

PUBLISHED: Thu, 06 Jul 2017 10:43:42 GMT

The rand fell nearly 2 per cent against the US dollar yesterday- upon reports that the ANC Policy Conference has proposed that the South African Reserve Bank should be wholly state-owned.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.