Negative Social Media Stories Are Destabilising The Economy: Mangudya


Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has complained that people who are abusing social media through fake articles are destabilising the economy. Speaking to NewsDay, Mangudya said,

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….Wrong decisions that people make due to fake news is beyond measure.

It’s just unfair. We are appealing to people not to politicise and abuse the social media because it’s not good for the nation. As monetary authorities, our job is to ensure that the economy is stable, so if you send such negative social media stories, what it means is that you are destabilising the economy…We are trying to build the economy but some are destroying it through social media.

Also Read, RBZ Speaks On Introduction Of New Currency, Says Zimbabwe Shall Continue To Use Multicurrency System

More: NewsDay

John MangudyaReserve Bank of Zimbabwe

John Panonetsa Mangudya is an economist and the current Reserve Bank of Zimbabwe governor. Mangudya, who sits on many local and international boards .He was made RBZ governor after the expiry of Gideon Gono's term in 2014. He had been CBZ Holdings Ltd Chief Executive... Read More About John Mangudya

The Reserve Bank of Zimbabwe (RBZ) is the central bank of Zimbabwe. Its offices are located at number 80 Samora Machel Avenue in Harare. The Reserve Bank of Zimbabwe operates under the Reserve Bank of Zimbabwe Act, Chapter 22: 15 of 1964. The Act provides... Read More About Reserve Bank of Zimbabwe

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6 comments on “Negative Social Media Stories Are Destabilising The Economy: Mangudya

  1. Vamwe vanhu vanoita sekunonzi vanotumwa na satan to spread fake news vaine pfungwa dzekuti economy idhakwe vawane mukana wekuzobvisa hurumende iripo. manje vakanyangira yaona ED pfee this time ivo havana chavanoluma

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