Central banking was given to technocrats whose job is to make the difficult decisions. But there are parameters. And within these, central bankers must act independently, without fear or favour.
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The debate about the mandate of the South African Reserve Bank must be located within a clearly articulated political vision and social compact on the kind of society South Africans aspire to.
There’s an assumption that a change of ownership would automatically mean a change in the role the Bank plays
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Visiting Professor at the Business School, University of the Witwatersrand
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Professor: International Business & Strategy, Wits Business School, University of the Witwatersrand
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Pro Vice-Chancellor: Climate, Sustainability and Inequality and Director: Southern Centre for Inequality Studies., University of the Witwatersrand
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Distinguished Professor and Derek Schrier and Cecily Cameron Chair in Development Economics, School of Economics and Business Sciences, University of the Witwatersrand
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Wits School of Governance's Chair in Public Governance, University of the Witwatersrand
