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...
Tito Mboweni quotes about
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.
growth output potential technical terms work
In terms of the technical work done, preliminary indications are that potential output growth will be around 4.5 percent.
bit costs danger debt households themselves
There is a danger that if debt servicing costs increase, many households will find themselves in a bit of difficulty. And they might.
bias
The bias is on the upside; the bias is on the tightening side; it is not on the loosening side.
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.
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.
fulfil responsibility
It is my responsibility to vote. We have to fulfil this responsibility.
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.
cent cost debt disposable fourth income increased per quarters six third three
The cost of servicing this debt, while still low, nevertheless increased from six and three quarters per cent of disposable income in the third quarter of 2005 to 7% in the fourth quarter.
along evident food higher inflation point possible price prices production retail
The higher food price inflation is evident in production prices. Along with higher maize prices (these) also point to a possible acceleration in retail food price inflation going forward.
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.
both growth mining pressure remain
Indications are that both manufacturing and mining real growth remain under pressure in the first quarter.