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Dr Cees Bruggemans, Chief Economist of FNB, joined the bank in May 1985. Prior to this, he held various positions in industry and banking; as corporate planner for Shell in CT and as economist for Standard Bank and Senbank in Jhb. He also lectured in finance and marketing at Wits. Dr Bruggemans is a graduate of Stellenbosch University, from which he holds a D.Com in economics, as well as an MBA from Cape Town. He is a Honorary Professor of Economics at Stellenbosch University.

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Cees’ blog - Rand firms even as reserves approach $40bn
During August our gross foreign reserves jumped by $2bn to $38bn even as the Rand firmed through 7.70:$. Yet the reserve gain wasn’t due to SARB forex accumulation. Instead, the reserve gain was all bookkeeping, mainly getting SDR 1.4bn from the...

Posted: Sep 15 2009, 06:05 AM by CeesB | with no comments