Mushayavanhu tweaks RBZ executive team

THE Reserve Bank of Zimbabwe (RBZ) has embarked on a remodelling exercise that includes its management, the banks regulator said, as new governor John Mushayavanhu assembles a new team to tackle the economy’s multi-faceted challenges.

Mushayavanhu began his reign on March 28, introducing the Zimbabwe Gold (ZiG) currency with a promise to make the local unit a preferred medium of exchange.

The challenges that have haunted the central bank include a volatile exchange rate, rising inflation and increased dollarisation.

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