Mukupe Says Zimbabwe Should Consider Hiring A Foreigner For RBZ Top Job
24 April 2018
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Terrence Mukupe – FILE

By Simba Chikanza| Deputy Finance Minister, Terence Mukupe has said that Zimbabwe should open the Reserve Bank top job for foreigners.

Writing from London, Minister Mukupe suggested Zimbabwe should copy the British model where the central bank job is usually given to foreigners. The outgoing British governor is a foreigner from Canada.

“Bank of England is about to go to the market to select a new Central Bank Governor,” Mukupe said.

He continued saying, “what strikes me is that they are considering non British personnel to take over that position.

“They want the best technically in the world. As Zimbabwe we could learn something from that. Some key positions should be opened up to foreigners if we don’t have the necessary technical skills at a satisfactory level… We need to open up our parastatals to a system of global meritocracy,” he wrote.