Zambian parliament ratifies new governor

central-bank-of-zambia

The Zambian parliament on December 23 ratified the appointment of Michael Gondwe as governor of the Bank of Zambia.

The record of a lively debate among the politicians shows the lengthy delay in appointing a successor for Caleb Fundanga – who was fired by president Michael Sata soon after he was elected – was recognised as problematic for the country.

"The position has been vacant for close to three months, and this has not been in the best interest of the nation," says Mwansa Kapeya, the represe

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