South Africa restructures policy committee

SOUTH AFRICA - South Africa's Monetary Policy Committee (MPC), which oversees the country's financial policies, has been restructured and will meet four times this year, the South African Reserve Bank (SARB) announced on Tuesday.

The monetary policy committee has been restructured to include seven members and now comprises Tito Mboweni, SARB Governor; Gill Marcus, Deputy Governor; Dr XP Guma, Deputy Governor; Dr Ernie van der Merwe, Chief Economist and Head of Research; Dr Bernie de Jager, Senior

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