Magashule calls on incoming ANC MPs to ensure nationalisation of Sarb

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ANC secretary-general Ace Magashule hat government deployees should act urgently in nationalising the Reserve Bank along with other resolutions of the party, including free education and the expropriation of land without compensation.

JOHANNESBURG - African National Congress secretary-general Ace Magashule has urged party members who will be deployed to Parliament to ensure that the South African Reserve Bank is nationalised.

He has urged those on the list of candidates for Parliament not to present their personal ideas but the views of the party. He has urged party members deployed to Parliament to follow suit in implementing the decisions of the organisation.

 

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GOD FORBID - They just want to get their hands on SARS Look to the VBS BANK How long did it stand. - now liquidated

Eish Magashule - please help us understand how this is going to get us out of dumpster SA finds itself at the moment and benefit the people you represent?

Yes Mr President

Very few people going to the conferency actually have brains. They just think of their own pockets.

Because he knows current MP's are controlled

Wishful thinking.

That's why they're coming at you, even with books🤣🤣🤣🤣

Bank will bring back everything lost. Capitalist ar remaining rich while poor get poorer. Its time

They want to have control over illegalities n take SARB to the docks How will we trust these gangsters?

Seriously this is the most important election in history of South Africa. Citizens must vote strategically and intelligently and vote Anc out.

Ace is the new Zuma.

This man needs to go to jail asap. He has no right telling anyone what to do. GangsterState

...which says all you need to know about why the cANCer wants to nationalise SARB ...

So master ace his supreme looter can start helping himself

Cyril a ya kwi?

The real president of the MYANC has spoken

If it wasn't so serious it would have been funny😭. This is the real face of the ANC . Unemployment of near 50%, all institutions destroyed, but still not enough for these warped minds to grasp..... the same people you represent have to beg at intersections for food. Shame on ya.

Ace is a real cadre, a fearless cadre , in you we believe Ace,the last hope of RET...fighting inequality,poverty and racism.

Well, he would wouldn't he? AceMagashule clearly has no intention of backing off on his looting ambitions.

That is the cadre we respect

CyrilRamaphosa are you aware of this? A little concerning I’d say!!

Will that stop the looting that causes the poverty and joblessness? No, in fact it will worsen it because the SARB will be too scared to say anything against their owners.

Look all comments r from the pink creatures and poor clever black slaves. Shame on u yo fake pres is game over. Watch da space!

Seems that your 'doctorate' in looting has been published, and now you want to implement your skills in it.

Ace is on warpath why Zuma failed to nationalise SARB?

The GANGSTER is saying this!

Nathi_MfokaJobe Asijiki

The real ANC speaks. Be afraid.

forward...

The next ANC and the country's Pres DrAceMagashule leading from the front. Phakama Aceeeee!!!

What a thieving prick he is ..... why does he hate our credit rating so much?

They just want to loot everywhere 🙄

What a pathetic politician

It wants to loot it too.

That shows dat magashule don't hv interest of South Africa.

Trying to divert attention from himself

Awuzwe✊✊izwelethu✊✊ it belong to us that bank not to d elite

So yena he is outgoing? Because it's really the same faces of corruption and criminals. Yizo yizo the return baba!

He thinks he is still running the Free State empire.

Why is this fool still talking...

AceMagashule is progressive leadership, go argue with Stellenbosch mafia

The man has lost any and all relevance!

ANC current SG is more powerful than Matamela. CyrilRamaphosa open your eyes madala

Ace up his sleeve, Guptas wanne make Indian money in Bloemfontein at the cattle farm, saying its to feed the poor in the north west!!! We know that story already my man!!

Milking SARB dry, next on DrAceMagashule and his thieving ANC cabal's 'priority' list? Clearly you looters aren't done yet..

Another resolution was addressing corruption....which you never mentioned, SC. As you would be in jail. Same Zuma distraction tactics - we see through you.

No Nationalism of South African Reserve Bank ACE - Read your book Gangsterism

Cyril mst jst design bcz all this ANC resolutions will tarnish his name. We dnt hv money to national SARB

So you can steal some more

I think most people don't under or don't know how nationalisation works

People just jump on the bandwagon of “it’s a bad idea” mantra without actually checking the merits for and against the decision to nationalize it. Just because it came from the ANC congress through mouth of the enemy of the capital monopoly makes it a bad idea? No maan!

He needs to increase his coffers

When your last straw becomes nationalized institutions to attract votes! What a bunch of clowns.

A bigger, more disastrously catastrophic countrywide version of the VBS bank saga awaits. Amandla, show the comrades the money.

Leave the issue of nationalization of SARB, please concentrate on issues like petrol going up, electricity up, companies retrenching endless. We actually don't need this issues of nationalization now, look at those important issues that are giving us sleepiness night.

Let's check: 1. SAPO - gone 2. ESKOM - gone 3. Water and sanitation - gone 4. SAA - gone 5. Transnet - gone 6. PIC - on its knees 7. DENEL - gone 8. SANDF - gone 9. SANRAL - gone 10. Health institutions - gone What did I miss? And you want to nationalize the Reserve Bank?

Rush to clear your name

If we Nationalize the SARB, we may as well as call ourselves a communist state, this is a spit in the face of democracy, and can only go in the same direction as the other entities the ANC has its mitts on, ESKOM PRASA Transnet, etc

Nothing like throwing a curved ball to take the spotlight off oneself !

So they can steal more.

Is this his way of becoming credible again?Sarb is a stand alone institution that doesn't need to be contaminated by ills of this unaccountable govt.Any politician that has a mental block will touch on Sarb because he wants credibility.We love Sarb the way it is.

Anybody in ANC leadership prepared to stand up to him? No. But the highly criticized DA will.

ACE for President !!!

ANC conference made several resolutions which should be implemented whether ANC members who disapprove like it or not. Ace is just reminding those ANC members going to Parliament to do what was decided. He is the ANC SG and is responsible to oversee implementation of resolutions

We don’t need this corrupt communist in our democracy. Why? Not just because he is corrupt but because democracy does not fit in with the authoritarianism of communism - and their economic policies lead to failed states. The EFF, BLF, SRWP and the SACP are communist parties.

In principle the Nationalisation of the bank is not a problem in fact more countries have nationalised reserve banks than not. My problem is Ace and the ANC I can not with confidence say their intentions are pure and it's all South Africans who will benefit.

I thought maybe that's the Nasrec conference resolutions and it's done and dusted

He is diverting the focus . What a poor SG😁😁

Talk about DIVIDED view/stance!

More you stealing you thief

I thought the ANC in parliament has a caucus.

Banyese wena Ace🤣😂🤣😂

Why is he not in jail yet?

These people's pockets are never full. VBS never satisfied them

It will go down the way of VBS

most central banks don’t have small minority shareholders but it makes no difference to the running and independence of the bank. It’s just one extra check and balance which Magashule_Ace doesn’t want because they can ask questions ..SAReserveBank tito_mboweni CyrilRamaphosa

Let the looting continue

Maybe they can steal the stationary

There’s nothing to steal there Secretary General, it’s not Estina Dairy

Huuu this man

There is no point in nationalizing SARB, just change it’s mandate as set by the constitution.

So I’m guessing he is going to try and succeed where Zuma failed...making the SARB his piggy bank. Drained the Free State now the country is next. Our President is gonna have a hard time from this guy

With so much corruption in all nationalised entities. This won't be good for S.A

Ave Magashule flexing the muscles this is a very clear signal to Ramaphosa that he will not be allowed to placate, apease and grovel to White fears. Ace will push for ALL the resolutions of the ANC at its elective congress in 2017. He's in charge indeed.

Leadership the Ace

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