By SILUMESI MALUMODISMISSED Bank of Zambia (BoZ) Governor, Danny Kalyalya, had lost focus in the last few years and Pres- ident Edgar Lungu needed to inject fresh leadership at the central bank, former Finance Minister, Katele Kalumba has said.Meanwhile, former Finance Deputy Minister, Danny Pule, said South African President Cyril Ramaphosa must fire his minister of Finance, Tito Mboweni, because his statement against President Lungu would affect the bilateral relationship between the two countries.And Bemba chiefs are optimistic that the newly appointed BoZ Governor, Mr Christopher Mvunga, would help revamp the dwindling economy.Dr Kalumba said Dr Kalyalya had failed to improve the monetary policy.He said in an interview yesterday that fiscal and monetary policies were macroeconomic tools used to manage or stimulate the economy and that failure to improve them had negative- ly impacted the economy.He said that Zambia right now needed strong actions to arrest the downhill trend of monetary and fiscal policies.The former […]
Kalyalya messed up, says Kalumba
