South Africa
Mboweni on the crunch
Tito Mboweni, the governor of the South African Reserve Bank, said "the fact that we have not had to be concerned about liquidity and financial stability issues has allowed the Bank to continue focussing on its objective of bringing inflation back to…
Mboweni talks tough on rates
Tito Mboweni, the governor of the South African Reserve Bank, said that the central bank's monetary policy committee has discussed the impact of a 200-basis-point hike.
SA's Mboweni hints at further tightening
Tito Mboweni, the governor of the South African Reserve Bank, said on Tuesday that the institution would do its job of controlling inflation "come hell or high water".
SA braves public with rate forum
Amid fierce criticism of its decision to hike rates to 11.5%, the South African Reserve Bank will meet members of the public to explain why it has decided to tighten policy four times since the summer when almost a quarter of the population are…
SARB's monetary policy review
Electricity price rises and the depreciation of the rand, have led to a worsening of the domestic inflation outlook over the past six months, the South African Reserve Bank said in its latest Monetary Policy Review.
SARB must emphasise inflation target's importance
The South African Reserve Bank must communicate why it is so vital to get inflation back within the institution's target range, X.P. Guma, a deputy governor at the central bank, has said.
World Bank appoints SA anti-corruption head
Leonard McCarthy, the chief of South Africa's highly-regarded anti-corruption unit, will head the World Bank's institutional integrity department.
PPI measure adds to SARB's woe
South African producer price inflation (PPI) soared by 2% in February, leaving the year-on-year measure at 11.8%, data published on Thursday showed.
SARB - Financial Stability Review March 2008
Despite strong economic growth, Africa still faces a number of downside risks that could impact negatively on financial stability, the South African Reserve Bank states in its latest Financial Stability Review, published on Thursday.
SA inflation surpasses 10% mark
South African inflation surged to its highest level since December 2002 last month, heightening the need for the country's central bank to act against political opposition and raise rates further.
SA's Mboweni braves political pressure, hikes rate
Tito Mboweni, the governor of the South African Reserve Bank, reaffirmed his commitment to the central bank's inflation target on Thursday, raising rates by half a point to 11.5% in the face of intense political pressure.
SA economies unaffected by turmoil
The economies of Southern Africa have remained strong despite the volatility in global financial markets, Tito Mboweni, the governor of the South African Reserve Bank, said in a recent speech.
Governors discuss African market development
The South African Reserve Bank has published a series of papers from a roundtable of governors, where discussions focused on the theme "Financial market developments in Africa: new challenges for central banks?"
South African inflation rockets to 9.4%
Soaring food and transport costs prompted South Africa's inflation rate to leap by more than half a percentage point in February.
South African politicians want say on rate votes
Lawmakers have called on the South African Reserve Bank to take their opinions into account when setting rates.
New role for SARB in monitoring capital flows
A further relaxation in South Africa's exchange controls, announced this week, will change the South African Reserve Bank's role in overseeing capital flows.
South Africa holds rates
The South African Reserve Bank's rate-setting board voted on Thursday to hold rates at 11%.
SARB may hold rates
Recent power shortages may lead to a rethink on rate rises in South Africa.
South Africans' inflation expectations
South African economic agents are neither exclusively rational nor exclusively adaptive in forming inflation expectations, research published by the South African Reserve Bank finds.
South Africa bids to cool economy with 50bp rise
The South African Reserve Bank looked to dampen rampant inflation by hiking rates by half a percentage point for the third time since July.
SARB policies here to stay regardless of Zuma
Tito Mboweni, the governor of the South African Reserve Bank, moved to assure markets on Thursday night that inflation targeting would remain whether or not the South African presidency changed hands.
South African inflation rampant despite rate hikes
Two 50 basis point rate hikes have failed to dampen rising inflation in South Africa, new statistics showed on Wednesday.
We can escape capital flight loop: Kenya's Ndung'u
Sub-Saharan African countries can escape the "infinite loop" of external indebtedness, corruption and capital flight, according to Njuguna Ndung'u, the governor of the Central Bank of Kenya.
Global interdependence requires caution: Mboweni
The interdependence of the global financial system could mean that financial instability affects countries that are not directly involved in the actions that have led to the volatility, according to Tito Mboweni, the governor of the South African Reserve…