Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Banner Left
Banner Right

Zimbabwe PM urges regional intervention on bank chief spat

Zimbabwe PM urges regional intervention on bank chief spat

HARARE – Zimbabwe’s Prime Minister Morgan Tsvangirai on Saturday urged southern African leaders to help resolve a deadlock over the appointments of the country’s bank chief and attorney general.

‘The outstanding issues, which have been referred to SADC (Southern African Development Community), must be resolved so that confidence in the global political agreement is not undermined,’ Tsvangirai said as he opened the national conference of his Movement for Democratic Change (MDC) party.
Two weeks ago the parties of Tsvangirai and veteran leader Robert Mugabe, who formed a power-sharing government in February to end a ruinous political standoff, clashed over Mugabe’s decision to keep Gideon Gono as central bank chief and Johannes Tomana as the attorney general.
Gono, who has been widely criticised for failing to stop the Zimbabwean economy’s freefall and slide into world record inflation, is a Mugabe ally. Tomana has declared his allegiance to Mugabe’s Zanu-PF party.
The matter was referred to the SADC following the dispute.
Tsvangirai said though the new government had brought relief to Zimbabweans who had endured years of economic crisis and political tensions, there was a lot of ground yet to be covered.
‘In the 107 days since the formation of the inclusive government, the MDC within that government, has been instrumental in stabilising our economy and bringing it back from the brink of a truly national disaster,’ Tsvangirai said.
‘In fact, we have been able to bring our rate of inflation from a world-record breaking rate of 500 billion per cent to minus three percent as at the end of March.
‘While we must recognise the positive difference that our entry into government has brought to the people of Zimbabwe, we must also admit the fact that we have not moved as far or as fast with these positive changes as the peole demand.’
The new government also sought to ease political tensions in the wake of contentious presidential polls last year, which Mugabe won by default after Tsvangirai pulled out of the deciding second round due to security fears.
The work of the power-sharing government has been stalled by disagreements among the parties over appointments to key posts; a resumption of Mugabe’s controversial policy of farm invasions; and a delay in the swearing-in of top MDC official Roy Bennett as deputy agriculture minister. -Nampa-AFP

Stay informed with The Namibian – your source for credible journalism. Get in-depth reporting and opinions for only N$85 a month. Invest in journalism, invest in democracy –
Subscribe Now!

Latest News