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...
exchange stable
We want to see a competitive and stable exchange rate, nothing more, nothing less.
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.
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.