TITLE

Mboweni walks a tightrope

AUTHOR(S)
Steyn, Greta
PUB. DATE
December 2008
SOURCE
Finweek;12/4/2008, p55
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the issue of whether South African Reserve Bank Governor Tito Mboweni will speed up interest rate cuts due to the weakness of the economy of the country. It offers views on the capacity of the bank governor to move on interest rates without losing credibility. It also indicates the issue of keeping the rates unchanged until April 2009.
ACCESSION #
35956194

 

Related Articles

  • Beware of Tito's stick. Kruger, Adriaan // Finweek;6/29/2006, p105 

    The article focuses on the warning given by South African Reserve Bank Governor Tito Mboweni regarding his decision to increase the interest rate. According to Mboweni, the small increase will serve as a more tangible warning and to think before making a new debt. In addition, interest rates...

  • Mboweni's growing worry. Steyn, Greta // Finance Week;10/20/2003, p16 

    Reports that the South African (SA) Reserve Bank has cut the interest rates in the country. Perception by economists of the move by SA Reserve Bank Governor Tito Mboweni as an effort to promote economic growth; Background on economic conditions in SA; Confusion regarding the policy of the...

  • Between a rock and a hard place. Steyn, Greta // Finweek;5/8/2008, p18 

    The article reports on the move of Tito Mboweni, Reserve Bank of South Africa governor, concerning the interest rates in the country. Mboweni suggested to call a special meeting to increase interest rates due to inflation of food and fuel prices in the country. There is a massive tariff increase...

  • What's hot this week?  // Finweek;10/12/2006, p3 

    The article reports on the two percent hike call of mortgage rates by a columnist in South Africa. Credit providers, banks and retailers were shocked while customers question the banks's reckless lending practices. According South Africa Reserve Bank Governor Tito Mboweni, the bank considered...

  • Boring times - just what investors need. Harris, Shaun // Finance Week;8/24/2005, p66 

    Reports on the decision of Tito Mboweni, governor of South Africa Reserve Bank, to keep interest rate and inflation rate stable. Rate of interest in investment; Comments of Johann Els, economist, on subdued inflationary pressures effect on interest rate; Benefits of stable inflation rate and few...

  • Tito must be tough. Preece, Howard // Finance Week;8/23/2004, p50 

    This article reports that South Africa (SA) must watch out for any adverse consequences down the line from the broad circumstances surrounding the latest 0,5% cut in interest rates. Between 1973 and 1993 the average annual increase in the consumer price was around 14%, ranging from "lows" of...

  • BMI View: Middle East & Africa.  // Emerging Markets Monitor;8/27/2007, Vol. 13 Issue 20, p3 

    This article predicts further rate hikes from the South African Reserve Bank (SARB) by the end of 2007. SARB makes a statement about the inflation outlook. Comments are made by Governor Tito Mboweni regarding consumer spending. Predictions on derivative pricing, the effect of rand performance on...

  • Damned either way. Steyn, Greta // Finweek;3/13/2008, p70 

    The article reports on the great pressure faced by South Africa Reserve Bank's governor Tito Mboweni due to the country's high inflation rate. According to the article, Mboweni is caught between increasing interest rates and thus drawing possible protests or doing nothing and thus risking his...

  • Mboweni's pre-emptive strike. Preece, Howard // Finweek;8/17/2006, p64 

    The article reports on the increase interest rate that causes inflation rise in economic performance in South Africa. The two-prolonged aggregate rise by one percentage point of prime rate, from 10.5 percent to 11.5 percent, is a non-event by historical standards. This result warns the Reserve...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics