The South African Reserve Bank (SARB) says President Cyril Ramaphosa were not legally obligated to report the foreign currency received at Phala Phala in 2020.
Marikana survivors still want an apology and compensation from President Cyril Ramaphosa 11 years later"According to SARB's Currency and Exchanges Guidelines for Business Entities, the farm cannot accept cash payments in foreign currency from non-residents. Why is this matter being ignored?""Interesting. SARB says there was no "perfected transaction", meaning there was no actual sale.
The man said he was aware of the probe into the scandal, adding that both the police and the Public Protectors Office had contacted him about the matter telephonically and via email.
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