Skip Navigation

January 2012 Volume 39, Business , Financial and Property Indaba

Gono's advisor quits

Wed, Feb 01, 2012

Controversial advisor to the Reserve Bank of Zimbabwe Governor Dr Munyaradzi Kereke has left the central bank under a cloud.
Dr Kereke, who is also a successful farmer, was convinced dark forces within the bank were out to get him. When a Daily News publication carried a Wikileaks item about his views on security reforms, he went ballistic.
He wrote to the paper :“Fortunately, I had been tipped of your sting project that you are busy working on, under guidance from people very close to me here at the RBZ and in the ministry of Finance 4 days ago before you dropped your ‘bomb’ today. Knowing that cheap lies are meant to cause needless panic and confusion, I chose to ignore this, waiting to see what you were going to come up with.
“By way of professional advice, please avoid being used to put innocent lives in danger or to seek to deliberately create misunderstandings among cordial institutions and people.
“Please inform your sources of this unique ‘WikiLeak’ downloaded by a special single intelligence official for your eyes only to try another trick,” Kereke said.
Yesterday, RBZ Governor Dr Gideon Gono announced Dr Kereke’s departure from the bank. He said he had been reassigned to take charge of "broader responsibilities in other spheres of national service".
It was not immediately clear as of last night what that meant.
In a statement, Dr Gono commended Dr Kereke's service to the central bank over the past eight years and during 1997 up to 2001 when he was employed at the apex bank.
"During both periods of national service, Dr Kereke exhibited extremely high levels of commitment to national causes, dedication to duty, innovative thinking, and commitment to his work, particularly during the most trying times for the bank, the financial sector, the economy and the nation at large.
"It is these characteristics which have earned him favourable consideration in respect of the pending reassignment and as Governor and the bank, we will sadly miss his intimate services though on a broader scale, we may continue to interact wearing different hats," said Dr Gono.
When contacted for comment, Dr Kereke said: "The matter at hand has been sufficiently covered in the Governor's Press statement.
"With the heavens smiling at us with good rains, let's look to a brighter 2012 and beyond."
Dr Kereke, a successful tobacco farmer who scooped the TSL 2011-tobacco grower of the year, has business interests in the medical sector through Rock Foundation Medical Centre in Mt Pleasant and Green Card Medical Aid Society among other ventures.

By Special correspondent

Please login to post your comments.