SARB Appoints Franz Ruch to Full MPC Complement
The South African Reserve Bank appointed economist Franz Ruch to its rate-setting committee. This gives the monetary policy group its full complement of seven members for the first time since 2018.
South Africa's central bank rate-setting committee secured its full seven-member complement for the first time since September 2018 with the appointment of Franz Ruch on Thursday. The addition fills a multi-year vacancy left by departures among senior central bank officials.
