Author:brian-benfield

CoDI: Robin Hood in Reverse? May 12, 2023 Considerable negative public comment notwithstanding, the National Treasury and the South African Reserve Bank (SARB) have pressed ahead with the establishment of a new statutory body, this time a state insurer of bank deposits. DR BRIAN BENFIELD says it could be tantamount to Robin Hood in reverse – a case of robbing little guys to create jobs and perks for bigger guys. Almost every previously established statutory insurer has traded itself into […]