INCOMING Reserve Bank Governor Tito Mboweni will make his first speech on August 7 at a banquet that will be attended by 1300 people. The Bank said that President Thabo Mbeki will deliver an address at the banquet, which will also serve as a farewell to the present governor Chris Stals. Stals retires on August 7 after 44 years with the Reserve Bank. The guest list includes International Monetary Fund First Deputy MD Stanley Fischer, Urban Backstrom, who is governor of the Reserve Bank of Sweden and a high ranking official in the Bank for International Settlements, Federal Reserve Bank of New York president Bill McDonough, and Chilean central bank board member Maria Ovalle. Bank of Mozambique Governor Adriano Maleiane will represent the Southern African Development Community.