South Africa
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.