Paul Nyathi|Parties to the massive in fighting within the Ministry of Finance as reported in the media have come out trailblazing disputing the news exposing the obvious feud amongst them.

Sources within the Ministry at the Reserve Bank revealed that there was an angry exchange of words between the Minister of Finance and Economic Development Professor Mthuli Ncube and RBZ Governor John Mangudya which resulted in Mangudya throwing files at Ncube and walking out from a heated meeting where the country’s Monetary policy was being discussed.

In a social media statement which has not been uploaded into its website, the Reserve Bank of Zimbabwe claims that the news of the fight between the two high ranked officials is fake.

“This is fake news created out of a figment of imagination to create hatred and to confuse the market. The Monetary Policy Statement will be presented when due,” said the bank.

Disputing the article, Mangudya said the information was peddled with intention of confusing the market.

In an interview, Mangudya scoffed at the suggestion that he ‘fought’ with Ncube.

“Well, this is laughable. In fact that meeting never happened and the Monetary Policy Statement is going ahead but I was busy having engagements with the visiting IMF team,” he said.

“The fake news was created out of a figment of imagination meant to confuse the market.

“The monetary statement will be presented when due ,” he said.

Ncube also posted on his microblogging site Twitter saying the story is “fake news.”

Evidence on the ground however truly suggests that there is a heavy animosity between Magudya and his boss Ncube.

In an interview with the Voice Of America’s Studio 7 during the week, Magudya apparently threw open spanners at Ncube when he expressed ignorance at almost all the policies that Ncube has been advocating for including the proposed delay of the introduction of the Zimbabwean dollar.