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UPDATE: Forex retention reduction, RBZ apologises for leaked doc

UPDATE: Forex retention reduction, RBZ apologises for leaked doc

John Mangudya

The Reserve Bank of Zimbabwe has released a statement saying that it had not approved a document that had been leaked to the media titled “Macroeconomic policy measures to support the 5-year de-dollarisation strategy”.

The statement reads:

The Reserve Bank of Zimbabwe (the Bank) wishes to advise the public that the document titled “De-dollarisation Road Map” which has been circulating on social media was leaked by a senior Bank economist, Philton Makena, who had access to a document on the macro-economic policy measures to support the five-year de-dollarisation strategy which was being worked on by a team of economists in the Bank. The draft document is not official as it has not even been discussed at both Bank and Government levels. The document should, therefore, be disregarded.

The draft document was being worked on by the team of economists on a computer allocated to a chief economist in the Bank, Paul Gilmour Mukoki. The Bank has since established that Mr Mukoki was not responsible for the leakage of the document.

Mr Makena’s conduct amounted to breach of the oath of secrecy by which all Bank employees are bound. Accordingly, the Bank has suspended him, with immediate effect, and has commenced disciplinary proceedings against him.

The Bank sincerely regrets the anxiety and inconvenience the leaked document may have caused”.

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Mining Zimbabwe earlier today published this article in regards to the leaked document. We would like to advise our readers to disregard the article as it is not the official position of RBZ yet and would like to apologise for any inconvenience caused – Editor

 

 

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