Political analyst Karima Brown says Advocate Busiswe Mkhwebane's pronouncement on changes to the Reserve Bank’s monetary policy should be questioned.
On Monday, the Public Protector said the Reserve Bank had failed in its duties to protect the public by not ensuring that Absa Bank repaid an apartheid-era bailout given to failed bank Bankorp.
Why would a Public Protector tell us how to formulate monetary policy?— Karima Brown, political analyst
The process of policy making must be guided by a legal process, what we see here is the Public Protector trying to move into an area that she is not legally and constitutionally able to do and one must then ask what is the motivation, why would the Public Protector meddle in areas where she is not meant to be.— Karima Brown, political analyst
I think the Public Protector is on very dangerous ground...whose interests are they beginning to serve?— Karima Brown, Political analyst
Referring to the controversial Mining Charter by Mining Minister, Mosebenzi Zwane, Brown said his "track record about truth telling is not one that instills confidence."
If you look at the mining communities, they are not benefiting from this Charter if you look at the granular detail. This is going to be a monumental fight. The President and Deputy President have urged the Minister to consult with stakeholders and this is a clear indication that the Minister is a Gupta deployee and occasionally moonlights as Mining Minister.— Karima Brown, political analyst and Talk At Nine host
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This article first appeared on 702 : Zwane, a Gupta deployee who occasionally moonlights as Mining Minister: Brown