I wish I could spend another ten years working with you in meeting the great challenges we face together to develop the financial structures  of our continent, and to establish in Southern Africa an intimate forum for effective central bank co-operation.
But the recent experience has also shown that, despite the communication of such early warnings, the financial markets did not hear, or did not want to hear them for several reasons, including the influence of inappropriate incentive structures at different stages of the financial intermediation and securitisation chain.