South Africa
South Africa Reserve Bank Press Release
PRESS RELEASE - Governor appointed as Professor Extraordinary to the Department of Economics at Stellenbosch University.
RSA to delist from Securities Exchange on 2 May
SOUTH AFRICA - The South African Reserve Bank (SARB) will delist from the JSE Securities Exchange from the start of business on 2 May after the required number of shareholders voted in support of the move, it said on Friday.
Speech by Tito Mboweni, RB of South Africa, 24 Apr
SPEECH - At a graduation ceremony speech Mboweni said "At my place of work, the South African Reserve Bank, we operate in a highly internationalised environment. Given our historic past, our recruitment drive has been focused on African, Coloured, Indian…
SA Reserve Bank hits back at its critics
SOUTH AFRICA - The Reserve Bank has mounted a counter attack against bankers who told the rand commission that the rand's crash last year was caused in part by the Bank's October circular enforcing exchange controls more strictly.
S Africa c bank reiterate difference with Zimbabwe
SOUTH AFRICA - South Africa's central bank reiterated on Monday the factors that distinguished its economy from neighbouring Zimbabwe, whose woes have dented investor confidence in the region and adversely hit the rand.
S Africa cenbank says property rights protected
SOUTH AFRICA - South African central bank Governor Tito Mboweni on Friday urged global investors to distinguish between his country and Zimbabwe, which is grappling with a worsening political and economic crisis.
South Africa raises interest rates
SOUTH AFRICA - South Africa's Reserve Bank has raised interest rates by one percentage point to 11.5% to counter the inflationary impact of the rand's steep slide last year.
Reserve Bank of South Africa Media Release
MEDIA RELEASE - Commission of inquiry into the rapid depreciation of the exchange rate of the rand, 13 March.
Zimbabwe election fears hit rand
SOUTH AFRICA - Less than a day ahead of Zimbabwe's bitterly contested presidential election, South Africa's currency is feeling the pinch.
South African gold output falls sharply
SOUTH AFRICA - South African production of gold slipped by more than 8% in 2001, the Chamber of Mines of South Africa has reported.
Speech by Tito Mboweni, Res Bank of South Africa
SPEECH - In the speech made 9 February Mboweni said there is a need for a mechanism to inject additional liquidity into the world economy during times of stress. He said that reform of the international financial system should also address the problem of…
South African bank's accounts frozen
SOUTH AFRICA - Deposits have been frozen at the eighth largest bank in Africa after bankruptcy fears spurred savers to withdraw more than 1bn rand (£61m; $87m) last week.
Speech by Tito Mboweni, Res Bank of South Africa
SPEECH - Mboweni said in the speech titled, 'Globalisation and implications for monetary policy in South Africa' that we are witnessing the global acceptance by political leaders of the independence of central banks as a critical factor for credible…
South Africa restructures policy committee
SOUTH AFRICA - South Africa's Monetary Policy Committee (MPC), which oversees the country's financial policies, has been restructured and will meet four times this year, the South African Reserve Bank (SARB) announced on Tuesday.
South Africa c bank deputy gov retires
SOUTH AFRICA - The Reserve Bank of South Africa confirmed on Wednesday that its senior deputy governor, James Cross, would be retiring for health reasons at the end of December, leaving only one deputy governor at the central bank.
S Africa's Nov gold, For Ex reserves up 9.4%
SOUTH AFRICA - South Africa's gold and foreign exchange reserves rose 9.4% to 77.7 billion rand ($1=ZAR10.8755) in November from ZAR71.00 billion in October, the South African Reserve Bank said Friday.
South Africa's central bank reduces MPC meetings
SOUTH AFRICA - The South African Reserve Bank is to reduce the frequency of its regular six-weekly monetary policy committee meetings to once every quarter, the bank said Thursday.
S Africa ctrl bk may move against Rand speculators
SOUTH AFRICA - Tito Mboweni, South Africa's Reserve Bank governor may move to stamp out the use of local finance to fund speculative attacks against the rand, the daily Business Day newspaper reported Friday 28 September.
Ex-SA Reserve Bank deputy gov joins Nedcor
SOUTH AFRICA - Nedcor Group, the South African financial services company, has appointed Timothy Thahane to the boards of several of its companies.
Africa urged to speed up market integration
SOUTH AFRICA - Africa must step up efforts to integrate its financial markets, but the creation of a single bourse is still a long way off, African central bankers and exchange officials said on 15 August.
Observations on recent economic developments
SPEECH - Address by Mr. T. T. Mboweni, Governor of the South African Reserve Bank, Southern African-German Chamber of Commerce and Industry, 13 July.
New deputy governor to South African Reserve Bank
SOUTH AFRICA - The South African Reserve Bank has appointed Dr Xolile Pallo Guma as its new deputy governor.
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.