South Africa Says Zwane Bank Comments ‘Unfortunate, Regretted’

  • Mines minister statement made in personal capacity: presidency
  • Zwane’s stance doesn’t reflect government, presidency views

Comments by a South African minister saying the cabinet has called for a judicial review to consider creating a state bank and probe the mandates of lender oversight bodies are “unfortunate,” “regretted,” and don’t represent the government’s views, the presidency said.

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