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Gono denies indigenisation U-turn

Central bank governor Gideon Gono today accused the Zimbabwe Broadcasting Corporation of carrying out a hatchet job on him, following a TV report claiming that he had performed a U-turn on his opposition to the indigenisation of banks. Gono said the ZBC had removed his comments from their context and selectively omitted certain qualifications to his statements before the Bulawayo business community “for reasons best known to themselves”. “What ZBC did to both of us is akin to running with a portion of a statement while leaving out a very important condition to that statement. It’s like telling people that the Highway Code says ‘do not drink’ or ‘do not drive’, when the full sentence says ‘do not drink and drive’! That’s what the ZBC did to us.”

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Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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