One should be worried about Mkhwebane's independence - Brown

While Public Protector Busisiwe Mkhwebane has defended her meetings with the Presidency and the State Security Agency (SSA) in her investigation into the Bankorp matter, her independence is under scrutiny.

The central bank has accused Mkhwebane of conspiring with the Presidency and SSA to use the investigation to attack the bank.

In an EWN exclusive, an affidavit filed in the High Court on Monday reveals how the South African Reserve Bank demanded she hand over the transcripts of those meetings.

She has said however, the meetings formed part of her investigation into the Bankorp matter.

The Reserve Bank is taking the report on review.

Political analyst Karima Brown gives her take on the matter, as well as a High Court ruling declaring the outcome of the 2015 KwaZulu-Natal ANC provincial elective conference unlawful.

The problem here with the PP is that since she took office, her behavior has suggested that one should be worried about concerns of her independence.

Karima Brown, political analyst and Talk At Nine host

When she came out with the report on Bankorp it was very clear that the report was a shoddy report.

Karima Brown, political analyst and Talk At Nine host

Click on the link below to listen to the full audio....


702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Mkhwebane must explain conspiring with Presidency before Bankorp report release

Mkhwebane must explain conspiring with Presidency before Bankorp report release

The Reserve Bank has accused Mkhwebane of conspiring with the Presidency to undermine the authority of the Reserve Bank.

Sarb governor says he was asked if he would quit after PP recommendation

Sarb governor says he was asked if he would quit after PP recommendation

Reserve Bank Governor Lesetja Kganyago appeared before Parliament’s standing committee on finance on Tuesday.

Sarb not backing down on court bid to overturn Mkhwebane's remedial action

Sarb not backing down on court bid to overturn Mkhwebane's remedial action

Reserve bank officially approached the court to set aside Mkhwebane's remedial actions to change the mandate of the Reserve Bank.

Repo rate cut may see consumers paying less on outstanding debt - economist

Repo rate cut may see consumers paying less on outstanding debt - economist

South African Reserve Bank Governor Lesetja Kganyago announced that the repo rate would be cut by 25 basis points to 6.75%.

The Sarb may not want to trim rates prematurely - economist

The Sarb may not want to trim rates prematurely - economist

The South African Reserve Bank will announce on Thursday if it will trim or keep interest rates unchanged.

CIEX chair defends company's reputation in claims surrounding PP's report

CIEX chair defends company's reputation in claims surrounding PP's report

CIEX founder Michael Oatley disputes former Reserve Bank governor Tito Mboweni’s claims regarding the Bankorp investigation.

A short history of the uncovering of the Absa/Bankorp ‘lifeboat’ scandal

A short history of the uncovering of the Absa/Bankorp ‘lifeboat’ scandal

The Money Show’s Bruce Whitfield interviews Noseweek Editor Martin Welz, the man who broke the story back in the mid-90s.

Absa must pay back the money - Gwede Mantashe

Absa must pay back the money - Gwede Mantashe

Mantashe also says that the Reserve Bank is within its rights to review Mkhwebane's remedial actions recommendations.

Popular articles
So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

Last chance for Spur's 2-for-1 burger special this Monday

Last chance for Spur's 2-for-1 burger special this Monday

Monday (March 27) is your last chance to sink your teeth into the popular burger special which Spur will discontinue from April.

Shop 'til you drop: The top 'Black Friday' deals this week

Shop 'til you drop: The top 'Black Friday' deals this week

Start your Christmas shopping off with a bang at these major retailers offering some impressive discounted sales for Black Friday.

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.