Economists are unanimous that the SA Reserve Bank (SARB) will not drop interest rates when its Monetary Pricing Committee meets this week.

A senior treasury official said the mere mention of ‘nationalisation of the SA Reserve Bank’ sends negative signals to the international investor community.

The EFF leader and his fellow party leaders have long been accused of sticking their hands in the cookie jar by helping loot millions from the now collapsed VBS Mutual Bank

South Africa’s descent into recession and the surprise rate cut by the US Federal Reserve could see the Reserve Bank follow suit in mid-March.