Kombo Moyana Lands COMESA Job

The COMESA secretary general Sindiso Ngwenya told reporters in Harare on Wednesday of the appointment of Moyana.

“We shall be launching the COMESA Clearing House which is hosted here in Zimbabwe. The executive Secretary is my colleague Kombo Moyana who is our former RBZ governor,” said Ngwenya.

The Clearing House is going to be launched at the COMESA summit in Victoria Falls which started this week. It is a regional payments and settlement system which will take place without African countries having to go through London and New York to confirm letters of credit.

It will also involve other African countries which are not part of the COMESA grouping.

Moyana was appointed deputy head of the Reserve Bank in 1983 by then Prime Minister, Robert Mugabe. He then headed the Reserve Bank until the end of his second term in 1993 when he retired into farming.

At one point the Society for the Prevention of Cruelty to Animals (SPCA) wanted him prosecuted after a head of cattle died at his farm.

Moyana only recently returned to the public sphere following news that MDC leader Morgan Tsvangirai had approached him as a possible replacement for incumbent RBZ governor Gideon Gono.

Moyana was replaced by in August 1993 by Leonard Tsumba who is now working as an executive at the Central African Building Society (CABS).