Self exiled Professor Jonathan Moyo has slammed RBZ governor John Mushayavanhu for denying that the World Bank was consulted on the new structured currency.
On the 22nd of April, Mushayavanhu said the ZiG currency was the brainchild of the World Bank, therefore, he shouldn’t be blamed for its failure.
In a clip shared yesterday, Mushayavanhu said It is not true that Structured Currency came from the World Bank instead the; “World Bank gave us a consultancy that assisted us in obtaining further information on the Structured Currency”.
Commenting on the issue, Moyo said Mushayavanhu is a walking disaster, scoring own goals buy contradicting himself in less than a week.
He said:
You are a walking disaster and a proverbial goner, if you are a top technocrat at the highest echelon of a key and strategic institution like the @ReserveBankZIM, and you find yourself publicly denying your very own words, hardly a week after you uttered them in public, and after those words were widely discussed and debated in public while you remained silent.
Hence, it is a terrible and indefensible way for RBZ Governor Dr John Mushayavanhu to needlessly and recklessly score successive own goals one after the other, a week apart, by blatantly contradicting himself and saying opposite things about one and the same thing, with the result of losing the plot so fast by being too fast with the truth; to the detriment of the power of his word as Governor of the Central Bank, and with the consequence of squandering public trust at a time when he should be speaking no mumbo jumbo politics, and doing monetary policy to win the much needed public confidence in the new national currency,
the ZiG, It would have been prudent for Dr Mushayavanhu to admit and own his error, take full responsibility for it and make a clear statement on the way forward; regarding his earlier remarks on 22 April 2024 that much about the ZiG as a structured currency “actually came from the World Bank”; ostensibly because the RBZ “didn’t know much about a structured currency”. Those 22 April remarks were bad, their denial today is worse
