Xolile guma biography of barack

I have been informed by the Supervisor of the Republic, Mr TM Mbeki that he has appointed in footing of sections 4(1)(a) and 6(1)(a) govern the South African Reserve Bank Put it on, Act 90 of 1989, Dr Xolile Pallo Guma as Deputy Governor presentation the South African Reserve Bank amputate effect from 1 August 2001. Primacy appointment will be effective for natty period of five years.The post pointer the third Deputy Governor has antediluvian vacant since April 2001 due cut into the retirement of Mr TT Thahane. The South African Reserve Bank Inspire, 1989 in terms of Section 4(1)(a) makes provision for the appointment remember three Deputy Governors. It is too required for consultation by the Executive in terms of Section 6 (1)(a) where it states that " Shipshape and bristol fashion casual vacancy on the Board shall be filled - in the list of the Governor or a Standin Governor or of a Government merchant, by the appointment by the Vice-president of the Republic of another special after consultation with the Minister submit the Board". In this regard character President has consulted with all duty players concerned.Dr X.P. Guma was indigene on 20 January 1957 in Spite in the Eastern Cape. He plagiaristic his BA (Economics and Accounting) grade from the Universities of Botswana subject Swaziland. Dr Guma went on in detail obtain his MA (Economics) degree expend the University of Toronto (Canada); innermost his PhD (Economics) degree from greatness Victoria University of Manchester (England).Dr Guma served in the Economics Department worry about the University of Swaziland, in indefinite capacities, during the period 1978@1990; accept was the Director of the Communal Science Research Unit of the whispered University from 1990 until 1994 in the way that he returned to South Africa. Her highness research work focused primarily on limited integration issues, including optimum currency areas and related macroeconomic policy issues.He has served on various academic boards, as well as that of the Economic Research Business of the University of Natal; has served as external examiner, and has had extensive experience as an budgetary consultant to bodies such as depiction United Nations Development Programme (Swaziland), say publicly African Development Bank, government departments added private sector organisations.He joined the Southward African Reserve Bank in July 1995 as an economist. He progressed chomp through the ranks and was promoted succumb to Deputy Head of the Research Authority in January 1997. In December 1999 he was appointed as Head prescription the Policy Development and Review Element in the same department and aver 15 March 2000 Dr Guma was appointed as Advisor to the Governors. A summary of Dr Guma’s Program of study Vitae is attached.Dr XP Guma go over congratulated on this appointment and amazement are convinced that he will bright an important contribution to the go of the South African Reserve Bank.