The independence, the standing and the role of the Reserve Bank is sacrosanct. It will remain independent, as clearly stated in our constitution. - Cyril Ramaphosa

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The independence, the standing and the role of the Reserve Bank is sacrosanct. It will remain independent, as clearly stated in our constitution.

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About Cyril Ramaphosa

Matamela Cyril Ramaphosa (born 17 November 1952) is a South African politician serving as President of South Africa since 2018 and President of the African National Congress (ANC) since 2017. Previously an anti-apartheid activist, trade union leader and businessman, Ramaphosa served as Deputy President to President Jacob Zuma and Chairman of the National Planning Commission from 2014 to 2018.

Also Known As

Native Name: Matamela Cyril Ramaphosa
Alternative Names: Ramaphosa Cyril M. Ramaphosa
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Additional quotes by Cyril Ramaphosa

The last decade has seen many of the gains of the early years of democracy reversed through state capture and corruption, a failure of collective leadership, policy uncertainty and a growing distance between the people and their movement and their government. We have had to come to terms with the erosion of the values of the ANC and confront difficult questions about the quality and integrity of our leadership as the ANC.

This conference, with overwhelming agreement, unanimous agreement, has resolved that the expropriation of land without compensation should be among the mechanisms available to government to give effect to land reform and redistribution. It has also been resolved that in implementing this decision, we must insure that we do not undermine the economy, the agricultural production, and food security in our country.

One of the other things that is going to help to give a boost to our economy is how we reform our state-owned enterprises. … The state-owned enterprises were sewers of corruption, a number of them. … There was rot, there was filth and there was deep corruption. We are rooting all that out right now.

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