Fin24.com | What changing the ownership of SARB will, and won't, do

osburnoracle.com

- osburnoracle.com | 8 months ago

South Africa’s second largest opposition party, the Economic Freedom Fighters (EFF), has lodged a parliamentary to amend laws that govern the management and ownership of the country’s central bank.

Judging by the content of the EFF is clearly intent on upping the ante on economic policy ahead of the national elections in 2019. The amendments come hot on the heels of the party pushing for the of land without compensation.

The EFF was formed five years ago after it split from the African National Congress, positioning itself on the left of the political spectrum.

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