SARB appoints new deputy governor

The President of South Africa, Thabo Mbeki, has appointed Dr Renosi Mokate as deputy governor of the South African Reserve Bank for a period of five years, effective from 1 August 2005.

Dr Mokate joins the South African Reserve Bank with considerable knowledge of economic policy issues and with senior management and leadership experience.

"I am very glad that the appointment has been made," said Mr Mboweni. "We welcome Dr Mokate to the South African Reserve Bank and we wish her a fruitful, succ