Mboweni helped ordinary Namibians through his role: Zemburuka

Linea Dishena

2024-10-15

WINDHOEK, 19 September 2019 - Bank of Namibia's Deputy Director for Corporate Communications, Kazembire Zemburuka. (Photo by: Shelleygan Petersen) NAMPA

WINDHOEK, 15 OCT (NAMPA) - Bank of Namibia (BoN) spokesperson Kazembire Zemburuka has said that the late Tito Mboweni, the first black governor of the South African Reserve Bank (SARB), helped ordinary Namibians by successfully containing inflation through the pegging of the Namibian dollar to the South African rand when he took office in 1999.

Responding to Nampa on Tuesday, Zemburuka said Mboweni, who died on Saturday, was successful in contai...

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