Many hurdles before one African currency - Mboweni

SOUTH AFRICA - Many hurdles would have to be overcome before the newly-formed African Union (AU) could form a single currency for the continent, South African Reserve Bank Governor Tito Mboweni said on Thursday.

Addressing the Cape Town Press Club, he also said it was time top South African executives' remuneration packages were "put on the table".

The AU was formed in Durban earlier this month to replace the Organisation of African Unity (OAU).

Among its aims is the formation of a Pan African

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account