Gono steps down as Zimbabwe government takes on Reserve Bank debts


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

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: