Gono steps down as Zimbabwe government takes on Reserve Bank debts

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Gideon Gono has stepped down from the Reserve Bank of Zimbabwe (RBZ) after completing two five-year terms as governor, just days after the Zimbabwean government agreed to take on the central bank's $1.35 billion of debt.

Gono said he leaves office "a happy man" thanks to the government "finally summoning the courage to clean up the RBZ's balance sheet and, in the process, recapitalise it".

An International Monetary Fund (IMF) report this summer said "the RBZ's impaired balance sheet has constrai

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