Johannesburg - Banks have warned the ANC to be aware of the
implications of its policy decisions at the upcoming Mangaung conference, it
was reported on Tuesday.
Banking Association of SA MD Cas Coovadia said the policy
decisions to be taken at the party's elective conference next week could have a
negative effect on banks, Business Day newspaper reported.
"The bottom line is, if (ANC delegates) take incorrect
decisions on mining, land and agriculture, it has an impact on us," said
ANC economic policy head Enoch Godongwana said he agreed
with Coovadia that policy discussion was the key issue.
"Like banks, we love this country and we will make
decisions that help us improve our socio-economic issues.
"What we refuse to accept is for people to prescribe
what decisions we should make."
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