Gideon Gono – We want our money back! »

From ZimOnline – 4th August 2010 by Caroline Mvundura
HARARE – The Confederation of Zimbabwe Industries on Tuesday called on the central bank to reimburse millions of dollars in hard cash garnished from private companies at the height of the country’s economic crisis.
The Confederation of Zimbabwe Industries (CZI), seen as the voice of business in Zimbabwe, [...]

Knives out as ZANU PF turn on Gideon Gono »

From SW Radio Africa – By Tichaona Sibanda, 22nd March 2010
Reserve Bank Governor Gideon Gono’s enemies in ZANU PF have moved swiftly to denounce him for his scathing attack against the controversial indigenization bill and want him removed from his job.
Gono’s enemies within the powerful ZANU PF politburo are now using his unusually strong criticism [...]

Reserve Bank assets to be auctioned »

From The Zimbabwe Times – March 13, 2010

Reserve Bank Governor, Gideon Gono
HARARE – In a dramatic turn of events Reserve Bank of Zimbabwe (RBZ) assets will be auctioned countrywide starting next Friday in a bid to recover debts owed to a local company.
The amount owed to Farmtec Spares and Implements was not immediately established [...]

Zimbabwe’s Central Bank Technically Bankrupt As Liabilities Outstrip Assets, Say Economists »

From VOA News – By Gibbs Dube, 20th January 2010

The bank’s problems started soon after it embarked on various programs which are said to have benefited the then Zanu-PF government through printing of money to finance grassroots economic schemes, referred to as quasi-fiscal activities
The Movement for Democratic Change formation of Prime Minister Morgan Tsvangirai has [...]

Gideon Gono retreated on Zimdollar after heated meeting »

From The Zimbabwean – By Gift Phiri, 30th November 2009
HARARE — Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono only agreed to change his position on bring back the Zimbabwe dollar after a stormy meeting last week with President Robert Mugabe and Finance Minister Tendai Biti, according to sources.
In an embarrassing climb-down, Gono now says [...]

Zimbabwe parliament passes bill to reform central bank »

From Reuters – By MacDonald Dzirutwe, 18th November 2009

Critics blame Gideon Gono for policies that helped cripple the economy — stoking inflation by printing money and taking over functions of the national treasury, including buying farming inputs and extending financial support to government departments.
HARARE, Nov 18 (Reuters) – Zimbabwe’s parliament on Wednesday unanimously approved a [...]