National Treasury undecided on whether to challenge mooted change to SARB's mandate

South Africa's National Treasury has yet to decide whether it will challenge a recommendation by an antigraft watchdog to change the central bank's mandate, a proposal that rocked markets, the deputy finance minister said on Monday. Asked if Treasury thinks the public protector went beyond her mandate with the recommendation, Sfiso Buthelezi said: "We haven't taken a view but as things stand now we are happy that the central bank has exercised its right by taking it for review."