Fired Mwanakatwe handover

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Mwanakatwe greets her successor during handing over

Former Minister of Finance Margaret Mwanakatwe MP, MCC, this morning completed her handover process to her successor and newly appointed Minister of Finance Dr. Bwalya Kanyanta Emmanuel Ng’andu, MP.

Ministry of Finance Spokesperson Chileshe Kandeta has confirmed the development in a press statement.

He says Mrs. Mwanakatwe who is also Lusaka Central Constituency Lawmaker, wished Dr. Ng’andu well in his new job of sheparding the economy to sustained stability and growth.

Kandeta says in thanking Mrs. Mwanakatwe for her supportive spirit and guidance, Dr. Ng’andu also paid tribute to the former Minister for her resolute stance in developing austerity measures aimed at restoring the economy’s fiscal fitness, stability, and growth.

He says in the coming days, Dr. Ng’andu is scheduled to hold liaison meetings with cooperating partners, business associations, the Industrial Development Corporation Group, the Zambia Revenue Authority and other economic players and stakeholders.

President Lungu Sunday night announced that he had fired Mrs Mwanakatwe and replaced her with Deputy Governor at Central Bank Dr Ng’andu.

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Start: 2019-07-01 End: 2019-07-31