The Money Show with Bruce Whitfield

ANC contradicts the ANC on economy while South Africans get poorer and poorer

FILE: ANC Top Six. Picture: Ihsaan Haffejee/EWN

Also, read:

ANC leaders continue to contradict each other on economic issues and priorities facing South Africa.

Foreign investors are taking note and punishing the currency.

It tells us the kind of divisions that are there, even in the top six…

Clement Manyathela, reporter - EWN

The Money Show’s Bruce Whitfield interviewed Clement Manyathela (a reporter at EWN) and Kevin Lings, Chief Economist at Stanlib Asset Management.

Listen to the interviews in the audio below (and scroll down for more quotes from it).

It [nationalisation of the reserve bank] seems a pointless exercise and the Government doesn’t have the money…

Kevin Lings, Chief Economist - Stanlib Asset Management

You can see how the currency has reacted [to Ace Magashule’s comments] …

Kevin Lings, Chief Economist - Stanlib Asset Management

You can’t have a situation where people who aren’t involved… come out with strong statements… It’s not up to the party; it’s up to Government…

Kevin Lings, Chief Economist - Stanlib Asset Management

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This article first appeared on 702 : ANC contradicts the ANC on economy while South Africans get poorer and poorer


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