WATCH: Cosatu on the Reserve Bank Amendment Bill

Business Day TV spoke to Matthew Parks from Cosatu

The SA Reserve Bank head office building in Pretoria. Inflation expectations have fallen to a record low just weeks after the Bank signalled it prefers targeting the lower end of its inflation band. Picture: BUSINESS DAY/FREDDY MAVUNDA
The SA Reserve Bank head office building in Pretoria. Inflation expectations have fallen to a record low just weeks after the Bank signalled it prefers targeting the lower end of its inflation band. Picture: BUSINESS DAY/FREDDY MAVUNDA

The government has rejected the Reserve Bank Amendment Bill. which proposes full state ownership of the central bank.

Cosatu, meanwhile, had supported the bill. Business Day TV spoke to Cosatu’s Matthew Parks for more insight into the union’s position.

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