Tito Mboweni
Tito Mboweni
Tito Titus Mboweniwas the eighth Governor of the South African Reserve Bank and the first black South African to hold the post. He succeeded Dr. Chris Stals on 8 August 1999 and was succeeded by Gill Marcus who replaced him as Governor on 9 November 2009. He is currently a founder member of Mboweni Brothers Investment Holdings and international advisor of Goldman Sachs International. He has been appointed as a non executive Director for South Africa at the New Development...
bonds improvement inflation last linked measured point since term yield
Inflation expectations as indicated in the long term break-even inflation rates, measured as the yield differential between conventional bonds and inflation linked bonds, point to some improvement in inflation expectations since the last (MPC) meeting.
fulfil responsibility
It is my responsibility to vote. We have to fulfil this responsibility.
businesses layer looking managers senior succession terms
It's important for businesses to have this kind of layer of senior managers in terms of succession planning, so you don't have to scuttle around looking for replacements.
extent inflation reflect remain target wage within
These wage developments reflect to some extent entrenched expectations that inflation will remain within the inflation target range.
basis move particular points
There is no particular convention. If we need to move by 25 basis points we will; if we need to move by 200 basis points we will do so.
effect far increases inflation oil output overall price
The overall effect of the international oil price increases on inflation and output has been far more muted than expected.
exchange stable
We want to see a competitive and stable exchange rate, nothing more, nothing less.