President of Zimbabwe, Emmerson Mnangagwa has named Professor Mthuli Ncube as the new finance minister. Professor Mthuli Ncube is a renowned and respected economist.
The president announced the appointed of this new minister while old faces have since been dropped. The old faces dominated these government position for decades.
Zimbabwe’s newly-inaugurated President Emmerson Mnangagwa on Friday named respected economist Mthuli Ncube as finance minister in a new cabinet while dropping several faces that had dominated government for decades.
Professor Ncube who is an Oxford professor is a former vice president former vice president of the African Development Bank. He has the tough task of reviving an economy wrecked in during the reign of Robert Mugabe, who was ousted last year.
The country has for decades experienced a serious economical crisis that includes; mass unemployment, inflation and cash shortages and a lack of investment. Mnangagwa is now tasked with fixing the country’s economy and has vowed to make it his main priority. The changes made to his cabinet are amongst the changes put in place to fix the economy.
“We want to grow, modernise, mechanise our economy,” he said.
“In the next five years, we should uplift quite a number of our people who are in the marginalised category, (and) uplift them into middle class.”
Other changes made were in the ministry of defence, where Oppah Muchinguri-Kashiri, a former liberation fighter who had held various posts, including that of tourism, under Mugabe was appointed as minister. Changes were made to ministry of home affairs and former olympic swimmer Kirsty Coventry was named as sports minister. Other posts such as foreign affairs and lands were left untouched and are being managed by retired army chiefs.
Emmerson Mnangagwa believes that the new cabinet restructure will be ideal for the current challenges faced by Zimbabwe.
