Marcus named as new SARB head


Gill Marcus, a respected and experienced economic policymaker, has been named as the new governor of the South African Reserve Bank.

Marcus, who is a former deputy governor of the central bank and a former deputy finance minister, will replace Tito Mboweni, who according to the country's president, Jacob Zuma, had indicated he would like "to pursue other interests".

Mboweni, who's second term in office expires on 8 August, will remain at the helm of the central bank until November.

Marcus's appo

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