Fuss over Mboweni's pay rise

Tito Mboweni, governor of the South African Reserve Bank, has been criticised for the fact that his pay rise of 9% this year turned out to be higher than the inflation target. He does not set his own salary however, the bank responded.

Source: Mail & Guardian

South African Reserve Bank governor Tito Mboweni, facing criticism for accepting a 12% pay rise last year, got another increase above the inflation target he set this year, the bank said on Wednesday.

Spokesperson Cathy Powers said Mbowe

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