The content on this page is not written by Polity.org.za, but is supplied by third parties. This content does not constitute news reporting by Polity.org.za.

Deputy Governor Dr Renosi Mokate's five-year term of office with the South
African Reserve Bank expires on 31st July, 2010. By mutual agreement, and
following the due process of consultation between the Board and the
President, Dr Mokate will not renew her contract. The President will, in due
course, advise the Bank as to who he has decided to appoint as the next
Deputy Governor.

The South African Reserve Bank takes this opportunity to thank Dr Mokate for
her contribution to the work of the Bank, the SA Bank Note Company and the
SA Mint. As chairperson of the subsidiaries, and member of the GEC and the
Monetary Policy Committee Dr Mokate exercised her responsibilities with
professionalism and commitment. Dr Mokate will serve a three month cooling
off period until end October 2010. We wish her well in the next challenge
she chooses to embark on.