South Africa
S.African central bank says launching MPC review
SOUTH AFRICA - South Africa's central bank said today, 26 July, it was launching a review of the operations of its 14-member monetary policy committee (MPC) which would be completed by the end of September 2001.
S.Africa's Mboweni urges black empowerment support
SOUTH AFRICA - South Africa's central bank governor Tito Mboweni said that although laws could help address the issue of black empowerment in South Africa, public commitment was crucial.
South Africa banks fear effects of brain drain
SOUTH AFRICA - South Africa's banks have identified skill shortages as the biggest threat facing the industry.
T T Mboweni: Building Africa's future
SPEECH - Address by Professor TT Mboweni, Governor of the South African Reserve Bank, at the 6th Africa Regional Girl Guides Conference, Cape Town, 2 July.
South African currency hit by risk aversion
South Africa - A general increase in risk aversion by international investors constituted a factor which had recently cast a shadow over the South African currency rand, Reserve Bank governor Tito Mboweni said on 13 July.
IMF Concludes Article IV with South Africa
SOUTH AFRICA - On 19 March 2001, the Executive Board of the International Monetary Fund concluded the Article IV consultation with South Africa.
South African growth levelled in first quarter
SOUTH AFRICA - The Central Bank of South Africa reports that growth levelled in the first quarter of 2001.
Financial Regulation in South Africa 2000
Book - The South African Reserve Bank has published a book on the theory and practice, goals, trends, and instruments of financial regulation. It is titled "Financial Regulation in South Africa 2000" and is co-authored by Hans Falkena, Roy Bamber, David…
SARB-payment system risk reductions measures
SOUTH AFRICA - The South African Reserve Bank announced on Apr 5, 2001, that it has embarked on a phased implementation of certain risk reduction measures in the national payment system.
S.Africa govt says gradual reduction of NOFP best
SOUTH AFRICA - South Africa's Treasury said on Mar 28, 2001 it was committed to steadily reducing its uncovered forward foreign exchange exposure and would not borrow massively abroad to do so.
S.Africa still unaware of new MPC policy-Mboweni
South African markets are still not fully aware of the fact that the central bank has introduced a new monetary policy regime which focuses on inflation targetting, central bank governor Tito Mboweni said.
S.Africa's Mboweni not worried by Jan CPIX rise
South Africa's central bank governor Tito Mboweni said on Feb 28, 2001 he was not worried by an unexpected rise in the bank's targeted inflation measure during January 2001, and he still expected its target to be met by 2002.
US academic applauds S.Africa's monetary policy
A leading Harvard University academic endorsed the South African Reserve Bank's inflation targeting on Tuesday and said the country's monetary policy was in sound health.
Mboweni says rand's fall due to external factors
The South African rand was pummelled Tuesday by external factors such as escalating tensions in the Middle East, dollar strength, the anticipated outcome of the US elections and a failure by the European Central Bank to intervene on behalf of the…
SARB maintains monetary stance
South African Reserve Bank Governor Tito Mboweni Thursday said the central bank's current monetary policy stance would be maintained. This in line with most economists' expectations that interest rates would remain unchanged at the bank's six-weekly…
SARB gets new power on reserves
The South African parliament has given central bank governor Tito Mboweni anew lever of monetary policy, giving him the right to change the definitionof what type of money commercial banks must hold as reserves.
South African central bank governor robbed
Governor of the South African Reserve Bank, Tito Mboweni, was the victim of an armed robbery while he was a petrol station. They stole Mboweni's mobile phone. Fortunately, no one was injured.