Central Banking

SARB's Mboweni on education

In the speech 'Education transforms lives - It changed mine' given on 28 July Tito Mboweni of the SARB said South Africa's economy can maintain a growth rate of more than four percent in 2006, but high global oil prices and domestic factors pose "significant" risks to the inflation outlook.

In the speech Mboweni cited local consumption spending, balance of payments problems and higher than expected producer prices as major inflation threats.

"These developments demand vigilance on the part of the

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