Mthuli Ncube Is Becoming A ‘Gideon Gono’ – ZANU PF Activist

A ZANU PF social media activist has chided the Minister of Finance and Economic Development Prof. Mthuli Ncube.

Ncube has been castigated for talking too much and crossing into the role of the Central Bank.

He has been likened to the infamous former Reserve Bank of Zimbabwe Governor Gideon Gono whose quasi-fiscal activities reportedly brought the economy crashing to the ground. Writing on Twitter, the ZANU PF activist said:

Mthuli Ncube talks too much. He crosses over into the role of the central bank, talking about monetary policy, which he should not do.

He should focus on fiscal issues, which require his full attention. Does he want to be a central bank governor too? We can’t repeat Gono conduct!

Ncube was recently quoted by an American Television channel, Bloomberg TV as saying that Zimbabwe will have a new currency within 12 months.


Mthuli NcubeReserve Bank of ZimbabweGideon Gono

Professor Mthuli Ncube is the Minister of Finance and Economic Development.He was the Chief Economist and Vice President of the African Development Bank ,financial, economics, investment, and public policy expert, entrepreneur and academic. Professor Ncube divides his time between the private sector in Switzerland and... Read More About Mthuli Ncube

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

Gideon Gono is the former Governor of the Reserve Bank of Zimbabwe (RBZ) a position he was in from 2003 to 2013. He is also former CEO of the CBZ Holdings, formerly known as the Commercial Bank of Zimbabwe, and Jewel Bank. Gono is known... Read More About Gideon Gono


Back to top

Write a Comment

Your email address will not be published.