Gono says hands off to parallel market dealers

Central bank governor Gideon Gono instructed his exchange control chief O.C. Masiiwa not to pursue high profile parallel market traders in the run up to the March 2005 elections because he feared that this could divide the Zimbabwe African National Union-Patriotic Front because the traders were well-connected members of ZANU-PF.

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IMF plays into ZANU-PF’s hands

The International Monetary Fund’s postponement of a decision on Zimbabwe’s compulsory withdrawal played into the hands of the Zimbabwean government because it was portrayed in the government-owned media as a vote of confidence in the country’s home-grown economic turnaround efforts.

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