Zimbabwe Mnangagwa names former banker Mthuli Ncube as finance minister [Reuters]
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Source: Reuters
Zimbabwe Mnangagwa names former banker Mthuli Ncube as finance minister | Reuters 2 Min Read HARARE (Reuters) - Zimbabwean President Emmerson Mnangagwa on Friday appointed former banker Mthuli Ncube as finance minister and said Winston Chitando would remain as mines minister. The two technocrats are expected to lead plans for the country’s economic recovery. Mnangagwa won a disputed vote on July 30, the first election in the southern African nation since Robert Mugabe was removed by the army last November after nearly four decades in power. The 75-year-old leader is under pressure to rebuild an economy afflicted by acute dollar shortages that have hobbled some imports, and by unemployment above 80 percent and lack of foreign investment. In appointing Ncube, Mnangagwa wants show the international community that he is giving priority to the economy and moving away from the Mugabe years where important cabinet posts were given on patronage lines. Ncube is a former chief economist and vic
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