Summary: Gideon Gono has kept the top position as a Reserve Bank governor. The central bank board made this desicion Tuesday in an effort to restore the bank's credibility after the currency collapse. During 2008 Gono administered over the collapse of the currency, and the infflamation of prices almost doubling daily. The bank is currently in debt of more than a billion dollars, and international investors have raised concerns about Gono's leadership over the bank. The bank is also facing many hateful lawsuits and is forced to make many cuts from its staff.
Opinion: I do not think that Gono should be able to keep his job. He was in charge during the currency collapse, not the staff that is being fired. Gono should take the fall for what happened, not the people working under him. If the board wants to restore the banks accountability then they should get rid of the people responsible for the crash and not the people who did nothing wrong.
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