Text of report by influential, privately-owned South African daily Business Day website on 16 November
[Report by Karima Brown: "ANC, Allies Reviewing Reserve Bank's Role"]
The African National Congress (ANC) and its alliance partners yesterday signalled possible far-reaching changes to monetary policy under President Jacob Zuma. They said after a weekend summit that an alliance task team "would remain seized with reviewing and broadening the mandate of the Reserve Bank".
The resolution formed part of a series of trade-offs among alliance partners at the three-day summit in Johannesburg.
Describing the summit as "one of the most important gatherings" where deliberations were "complex, tough and exhausting", alliance leaders stressed robust debate and policy differences would …