SACP calls for monetary policy change [SOUND]

# The South African Communist Party is calling for the urgent repositioning of the South African Reserve Bank to play a developmental role in the state. The SACP’s spokesperson, Mbulelo Mandlana says this must include employment as part of its mandate, explicitly, and holding it accountable for the failure to achieve the constitutional mandate to ensure balanced and sustainable growth. He says the Reserve Bank declared it will adopt a more conservative stance within the narrow policy of inflation targeting regime: