Zambia’s central bank governor resigns

The governor of Zambia’s central bank has resigned, a presidential spokesperson said.

Anthony Bwalya, special assistant to the president, said Christopher Mvunga has resigned as governor of the Bank of Zambia (BoZ).

In a statement, the spokesperson said president Hakainde Hichilema has since appointed Francis Chipimo, who was deputy governor, to start acting as governor with immediate effect.

Mvunga was appointed governor in October last year.

Meanwhile, the Zambian president has terminated the appointment of Fredson Yamba as Secretary to the Treasury and replaced him with Felix Nkulukusa.

Hichilema has been making changes to senior public offices after emerging winner of last month’s general elections.