While the country is in a dire economic crisis, the economy hobbling is directly or indirectly exacerbated by the Finance minister Mthuli Ncube and Reserve Bank of Zimbabwe governor John Mangudya pursuing different agendas and at times issue directives without informing each other, two people with direct knowledge of the situation said according to The Standard
While Ncube, a Cambridge-trained economist, is often accused of being overly optimistic, his push to cut spending and bring order to chaotic government finances has been lauded. By comparison, Mangudya, an appointee of former president Robert Mugabe, is seen as a governor who puts political considerations ahead of rational economic decisions.
Sources that spoke to the publication about the supposed rift between the 2 RBZ and Treasury bosses said:
