South Africa's ruling party reaffirms commitment to nationalizing central bank

President of ruling African National Congress (ANC) and South Africa President Ramaphosa addresses the 6th National Policy Conference in Johannesburg, Friday, July 29, 2022. (Photo: AP)

South Africa's ruling African National Congress (ANC) party reaffirmed its position that the central bank should be nationalized during a national policy conference over the past three days, President Cyril Ramaphosa said on Sunday.