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.

Zimbabwe can't join rand monetary union - Mboweni

Tito Mboweni, the governor of the South African Reserve Bank, says Zimbabwe was far from being ready to join the rand common monetary area (CMA), which currently includes South Africa, Lesotho, Namibia and Swaziland.

Monetary integration in Southern Africa

This IMF working paper finds that the current Common Monetary Area (CMA) agreements between South African, Lesotho, Swaziland and Namibia, although not a full monetary union, have delivered many benefits of a full monetary union.

Swaziland to introduce RTGS system

The Central Bank of Swaziland announced Wednesday 16 May that it will soon be introducing a Real Time Gross Settlement (RTGS) system at the beginning of June 2007.

SARB's Guma on Swaziland and monetary union

In a speech given on 1 March Xolile Guma of the South African Reserve Bank said Swaziland needs to address a number of issues in regard to its position in the establishment of a regional monetary union.

Swaziland appoints new board member

Finance Minister Majozi Sithole has appointed Swaziland Finance and Development Corporation CEO Vincent Mhlanga to the Central Bank of Swaziland's Board of Directors.

Regional central bank unviable - Tito Mboweni

Tito Mboweni, governor of the South African Reserve Bank, said on Tuesday 24 June "We have agreed we will do some research on what the feasibility is of a common central bank for South Africa, Lesotho, Swaziland and Namibia", according to Reuters…

Swaziland on money-laundering alert

SWAZILAND - Swaziland is on alert for foreign organisations trying to channel money through the tiny African kingdom after a government official was offered a bribe, authorities said on Monday 15 October.

Swazi banking system undergoes modernisation

SWAZILAND - Along with other countries of the Southern Africa Development Community, Swaziland is revamping its banking system up to international standards, Bank of Swaziland Governor Martin Dlamini said on Apr 6, 2001.

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