PRESIDENT Edgar Lungu has fired Bank of Zambia Governor Dr Danny Kalyalya with immediate effect.
And President Lungu has appointed Deputy Secretary to Cabinet Christopher Mvunga as the new Bank of Zambia Governor.
Meanwhile, President Lungu has also appointed Ministry of National Development and Planning Director in charge of development and planning, Mike Masiye as Deputy Secretary to Cabinet, in charge of Finance and Economic Development, taking over from Mvunga.
In a statement issued by Special Assistant to the President for Press and Public Relations Isaac Chipampe, the president wished Kalyalya well in his future endeavors.
And President Lungu further wished Mvunga and Masiye the best in their new roles.
5 Responses
Ok, I just wish him well and he should not take heart as the Bible say God is the giver or decider of our life. Not all that we have is permanent hence the sooner we embrace that the better for his future endeavors. God’s time is the best just to borrow that. Good luck.
The President is trying to cover up some financial scam or he wants to print more kwachas for election campaigns?
Kalyalya refused to print more money.
Bravo Kalyalya, that’s integrity and professionalism.
I hope that the come 2022 you be back to serve mother Zambia when it will be in capable hands.
Lawyers you are not helping this country well! If the appointments to such sensitive positions are subject to ratification by Parliament, why is the firing or removal not subject to the same? I am afraid we are not protecting Security of Tenure!
Could this be the final nail in the coffin taking Zambia the route of Zimbabwe?
The eighth Governor of the South Africa’s Reserve bank and the first Black South African to hold the post, now minister of Finance has commented on this. People should listen when advice is given or criticism is made by a friend with the know how. The wounds of a friend are better than the kisses of an enemy.