Nevertheless, in our view, still more ambition on governance is warranted. 5. The need for greater ambition in governance reform  Let me briefly highlight the main points and explain why we find them so important. You will see that my remarks are very specific.
Although this autonomy has been given to the South African Reserve Bank in terms of the Constitution of the Republic of South Africa, the disciplinary actions applied by the Bank in the pursuance of its mandate are often challenged by economists, business people and politicians whenever they believe their vested interests are impeded by the actions.