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ANALYSIS: Cyril and Ace’s Reserve Bank war is new proxy battle ...


ANALYSIS: Cyril and Ace’s Reserve Bank war is new proxy battle for power

Ever since Gear was introduced, the ANC and its alliance partners cannot debate economic policy rationally

Associate editor: analysis

The sound you are hearing is the rumbling in the backrooms of the ANC, where the next firefight is being plotted.

President Cyril Ramaphosa has been and will continue to be caught off guard by secretary-general Ace Magashule, who always appears to be one step ahead in the factional showdown in the party.

The media statement on the ANC national executive committee lekgotla that Magashule issued last week, announcing that there was an agreement that the SA Reserve Bank mandate be expanded, was the latest in a series of strategic manoeuvres that had Ramaphosa frozen like a deer in the headlights...

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