'Do not recommend government should start regulating SARBs mandate.' But it IS regulated, in this case unusually, immovably so (except the highly unlikely case of a constitutional amendment as the PP recommends) in the constitution rather than a regulation, which can be modified as needed by relatively easy parliamentary amendment, as Jordan says. Still don't get it? 

I've no issue protecting the currency as one of its economic mandates. But Jordan makes the point SARB, and banks generally, are NOT sacred cows deemed forever untouchable. And by whom? Like the thread here misreading Jordan, you take my Venezuela reference literally rather than an indicator, which you say in their case, of unrest due to untenable, worsening socio-economic conditions, the signs are there in SA if we care to see them. Unfortunately, those who cry the loudest against restructuring like Lipton mentions are too comfortable, like these institutions, w/ their economically included status quo to consider it.