MANGUDYA’S JOB HANGING BY A THREAD

Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Panonetsa Mangudya could be a dead man walking following the resignation of Andrew Bvumbe who has been taunted to be lined up to replace the under-fire central bank chief.

MANGUDYA'S JOB HANGING BY A THREAD

Anne Kabagambe posted on Twitter to announce the departure of Gwambe from the World Bank.

With rumors in the government corridors earlier pointing to President Emmerson Mnangagwa expressing interest to have Gwambe as the new RBZ Governor, his departure from the World Bank could signal the end of the road for Mangudya.

Among his failures, Mangudya introduced the Bond note which has not only worsened the country’s already fragile economy but has chased out the United States dollars.

Mangudya has also failed to reign in his surbodinates at RBZ who have been fingered for fuelling illegal foreign currency exchange dealings in the country.

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