Former SARB deputy governor to advise Mboweni

The Reserve Bank of South Africa said Monday 3 July that governor Tito Mboweni has appointed former deputy governor Xolile Guma as his special adviser.

Guma's contract as deputy governor of the SARB expired at the end of June, and will act as special adviser to Mboweni for the next three years.

The post includes temporarily acting as deputy governor, and attending meetings of the board of the Bank, until another deputy governor is appointed by President Thabo Mbeki.

Guma will also execute and

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