South Africa: Zuma to announce policy shift

source: Fin24
Feb 11 2010 07:21

Cape Town – President Jacob Zuma will indicate a change in industrial policy in his state of the nation address, but leave an expected announcement on monetary policy to the National Treasury, Minister in the Presidency Collins Chabane said on Thursday.

Chabane said Finance Minister Pravin Gordhan was best placed to deal with the issue of the mandate of the South African Reserve Bank when he tabled his budget on Wednesday.

“When the minister of finance tables his budget, in the context of the budget and the economy as it is, he is likely to make an indication on [continue reading]

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