South Africa: Gordhan: Bank regulation a tricky balancing act
08 Sep 2016

Regulating the banking sector in South Africa is a “difficult balancing act”, said Finance Minister Pravin Gordan in parliament on Wednesday.

He was responding to questions from MPs posed to ministers in the economic cluster of government.

“On the one hand we need to ensure there’s stability in the banking sector and there aren’t risks in the financial system,” Gordhan said.

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