By Ndaba Nhuku|Mthuli Ncube is now officially the boss of the institution (RBZ reports to his Ministry) that shut down his bank. Around the time Barbican was closed rumour was that Dr Gono didn’t like Mthuli for telling him his was into bush economics. It looks like time has finally put him in a position to demonstrate what he thinks is real economics and finance.
There must be some good life lessons and fodder for motivational speakers right there.
He may also have an opportunity to tell us the other side of the story of the bank closures during Gono’s reign at the RBZ. Personally I have always thought Gono was too harsh on some institutions while lenient on others (e.g. the Kamushinda bank that literally had no corporate governance systems).