Dr John Mushayavanhu, an experienced banker, has officially taken over as the new Governor of the Reserve Bank of Zimbabwe (RBZ).
President Emmerson Mnangagwa announced a Statutory Instrument, stating that Dr Mushayavanhu has started his five-year tenure as the new central bank Governor.
He replaces Dr John Mangudya, whose term as the central bank chief has ended.
Dr Mangudya is now the CEO of the upgraded sovereign wealth fund, the Mutapa Investment Fund.
Dr Mushayavanhu’s immediate responsibility is to formulate and present the 2024 Monetary Policy Statement.
In Other News – Edson Chiherenge appointed ZANU PF Midlands Provincial chairman
ZANU PF has officially appointed Edson Chakanyuka Chiherenge as the substantive provincial chairperson for the Midlands Province.
He will be deputized by Lewis Matutu, who has been elected as the Vice Chairman.
According to The Chronicle, these new appointments were made during the weekend in Gweru. read more…