Ramaphosa opens up on land, the Reserve Bank and child visas

JOHANNESBURG — President Cyril Ramaphosa at a pre-WEF briefing in Johannesburg on Wednesday morning spent a good 15 minutes addressing some sharp issues relating to the controversy surrounding expropriation of land without compensation, the independence of the Reserve Bank and what appears to be the unresolved child-visa disaster (which is reportedly still a major hindrance for travellers to South Africa, despite assurances from Ramaphosa that this wouldn't be the case any longer). In many ways, Ramaphosa, once again, tried to ease markets by saying that land EWC will just involve clarification of what already exists in the Consitution. The problem here is that the process is largely in the hands now of ANC and EFF MPs, who have shown themselves to be unpredictable. Ramaphosa also promised that the independent mandate of the Reserve Bank won't change despite calls of nationalisation from the ANC. And then he addressed those pesky child visas. Take a listen... - Gareth van Zyl Learn more about your ad choices. Visit megaphone.fm/adchoices