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Govt Speaks On Mangudya Exit Rumors

Government has dismissed rumors circulating on social media that Reserve Bank of Zimbabwe (RBZ) Governor, John Mangudya has been dismissed and replaced by former World Bank Africa Executive Director, Andrew Gwambe.

Social media and online news sites went into overdrive yesterday with the news of Mangudya’s exit from the central bank.

In an interview with 263Chat today, Deputy Minister of Information, Publicity and Broadcasting Services, Energy Mutodi said official communication comes from the Office of the President and Cabinet rather than social media.

“We don’t have an official statement yet,its fake news circulating on social media,the public must always rely on official communication from the Ministry of Information as well as the office of the President and Cabinet.than to rely on social media.

“There is a lot of falsehoods circulating on social media but if there is something is announced or gazetted,the Ministry will let you know,” said Mutodi.

A senior banker at the Reserve Bank of Zimbabwe (RBZ, recently revealed that the suspension of four directors in connection with illegal foreign currency dealing was only a strategy to remove all long-serving stalwarts, including  Mangudya.

263Chat could not get a comment from the RBZ Governor as his mobile phone went unanswered


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