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| Africa Subsaharan |
| Mugabe defends beleaguered central bank chief |
| 2009-05-27 |
| [Mail and Globe] Zimbabwe's central bank chief, who presided over world-record hyperinflation, will keep his job despite objections raised within the unity government, President Robert Mugabe said Monday. Prime Minister Morgan Tsvangirai, the erstwhile opposition leader who joined the power-sharing government three months ago, has asked regional leaders to mediate in his dispute over the appointment of Reserve Bank boss Gideon Gono. But Mugabe said on state television that Gono would keep his job, even though after his first five-year term the local currency was left so worthless that the government this year abandoned it. |
| Posted by:Fred |
| #1 Wonder if Geithner will be as lucky. |
| Posted by: DMFD 2009-05-27 06:32 |