ZiG requires bold measures to succeed

JOHN Mushayavanhu, the new Reserve Bank of Zimbabwe (RBZ) governor, yesterday put his head on the block declaring that “not under my watch” will the apex stray from its core functions as he launched a structured currency seen as the last-ditch bid to the local currency crisis.

For the record Mushayavanhu said “not under my watch” 13 times, underlining his resolve to get things right.

The veteran banker said he would not “do anyone’s job” referring to the quasi-fiscal operations that have haunted previous central bank governors.

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