Mozambique president reappoints governor

bank-of-mozambique
The Bank of Mozambique

The president of Mozambique appointed Rogério Lucas Zandamela to a second term as governor of the country’s central bank earlier this week.

Filipe Nyusi initially appointed Zandamela in August 2016, shortly after the International Monetary Fund halted lending to Mozambique over a massive alleged fraud. Zandamela has faced the economic crisis caused by the alleged fraud over the “tuna bond”, as well as the Covid-19 pandemic and resurgent inflation.

At the time of his appointment, Zandamela was

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