/ 24 August 1999

MBOWENI POLICY SPEECH ON TUESDAY

NEW Reserve Bank governor Tito Mboweni is due to host the 78-year-old institution’s annual general meeting on Tuesday and, in keeping with tradition, will deliver the bank’s main policy statement of the year. Mboweni, a former African National Congress labour minister, has said the speech will yield no “earth-shattering” news in a bid to diffuse speculative tension ahead of the big day.