The SARB is NOT SA’s piggy bank – MTBPS preview

Finance Minister Enoch Godongwana is set to deliver gloomy news on the state of the South African economy when he presents the MTBPS, mini-budget, on 1 November. ETM Director and Head of Research, George Glynos shares his thoughts on whether the SARB’s FX and Gold Reserves Account should be used to bail out the fiscus.