Zimbabwe's Mnangagwa appoints son as deputy finance minister in new cabinet

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By Nyasha Chingono HARARE (Reuters) - Zimbabwean President Emmerson Mnangagwa on Monday appointed his son as the deputy finance minister and retained ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Nyasha Chingono

The 80-year-old leader is under pressure to rebuild an economy hit by lack of foreign investment, unemployment, high inflation and a local dollar which has plunged 80% this year. An ex-banker, Ncube himself has not been spared criticism after his economic policies failed to generate growth, amid failure to repay foreign debt in excess of $17 billion.

Zhemu replaced Winston Chitando as the Mines Minister, who headed the ministry since November 2017. He was the Minister of Energy and Power Development since 2020.

 

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