Mr Eddie Cross: Silence cannot be misquoted
Eddie Cross In September 2019, Finance and Economic Development Minister, Professor Mthuli Ncube, appointed a nine-member Monetary Policy Committee (MPC) to influence the Reserve Bank of Zimbabwe (RBZ)’s monetary policy. Crucially, the MPC’s wide-sweeping responsibilities extend to setting limits on the Bank’s open market operations, ensuring price stability, and determining interest rates. Chaired by Central Bank Governor, Dr John Mangudya, the Committee has done exceptionally well – by all accounts – in discharging its functions in spite of the well-documented difficult socio-eco...