SARB promotes deputy to run exchange control

sarb

The South African Reserve Bank has appointed Elijah Mazibuko as the head of its exchange-control department.

Mazibuko has spent nearly all his central banking career in exchange control having joined the South African Reserve Bank on 1 January 2000 and having been with the Exchange Control Department since 1 December 2001.

In this department he has served in various capacities rising to deputy general manager before taking over as head.

The history of exchange controls in South Africa dates back

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