Dear Minister of Finance: Fed Reserve Bank Chairman Mr Jerome Powell says in this video "part of our mandate is maximum employment". Is "max employment" part of the primary object of the SA Reserve Bank for balanced economic & sustainable economic growth?

The Fed looks for companies with low earners in the service sector & women to lend money to with unconventional tools in pursuit of this mandate. Could Minister make it clear again to the SARB that it must also pursue max employment as done customarily by CBs, including the Fed.

Better still: Could it not be prudent that the Ministerial instruction note of the pursuit for max employment should be included in an amendment of the SARB act so that National Treasury could report on its employment creation measures & performance to Parliament.

Powers & functions: The issue may be in the act, not in the Constitution, to clarify that it's in SARB's hands to "cross red lines & to take unconventional measures" when anything or anyone as much as threaten the goal of max employment, as the Fed Chairman says emphatically.

SARB Act: I have the utmost respect & thrust for the SARB, its management & all tools at it's disposal. But its legislation may not be clear & exact enough wrt its powers in the pursuit of max employment being part of the primary object of balanced & sustainable economic growth.

Reimagine: I believe that the covid-19 pandemic & rating agencies could have found SA at a much different & better state of economic health if the SARB pursued the goal of max employment & min inflation. Prospects of our stimulus & economic recovery plan would also be brighter.