Competition Commission is in Charge of Rand Manipulation Probe, Asserts SARB

In the ongoing rand manipulation probe, South African Reserve Bank (SARB) Governor Lesetja Kganyago has emphasised that the Competition Commission should be allowed to conduct its probe independently. According to Eyewitness News, the commission scrutinises nearly 30 commercial banks for suspected price-fixing practices related to the South African local currency. Recently, the Competition Commission fined … Continue reading Competition Commission is in Charge of Rand Manipulation Probe, Asserts SARB