<b>Tito Mboweni, governor of the South African Reserve Bank</b>
Euromoney Limited, Registered in England & Wales, Company number 15236090
4 Bouverie Street, London, EC4Y 8AX
Copyright © Euromoney Limited 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

<b>Tito Mboweni, governor of the South African Reserve Bank</b>

Headline: Tito Mboweni, governor of the South African Reserve Bank
Source: Euromoney
Date: September 2001
Author: Jonathan Brown

After two years in the job, the South African Reserve Bank’s governor Tito Mboweni has earned the respect and admiration of his peers and market players. His biggest success has been in bringing inflation under control.

       
Tito Mboweni
Keeping control over the economy in post-apartheid South Africa is not an easy job. After decades of white minority rule, when the privileged few prospered on the back of the country’s extensive natural wealth, the sudden change to fully-fledged democracy and the rising expectations of millions of newly-enfranchised citizens could well have led to instability.

Like so many of its neighbours, South Africa could have been faced with internal strife, new social divisions and new forms of exploitation. That the new republic has come through its early years in pretty good health speaks volumes for those who took up the reins of power, and none more so than Tito Mboweni, governor of the South African Reserve Bank.

When Mboweni took office in 1999, the outlook for South Africa was not encouraging.










Gift this article