Africa Monitor

Africa Monitor Intelligence

Tomaz Salomão's Political Future at stake with Standard Bank

ROGÉRIO ZANDAMELA has been controversial in several of the decisions taken, but there is no evidence of political favors. RZ, a former cadre of the International Monetary Fund, makes a point of saying publicly that he is not a FRELIMO militant. Nevertheless, the control exercised by the party, in financial circles and within the regulator itself, is considered enough to provoke an intervention by the BdM. Membership of FRELIMO is a condition for the selection of civil servants at all levels.READ MORE