Removal of BOZ governor 'should be by tribunal'

In a written submission to Zambia's Constitution Review Commission, the governor of the Bank of Zambia Dr Caleb Fundanga said the removal of a central bank governor from office should be by a tribunal constituted by the Chief Justice.

He said that the current appointment arrangement should be maintained but the governor should take office only after ratification.

"Currently, there is no mechanism for removing a non-performing governor. Accordingly, we suggest that it should be clarified that th