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{
    "id": 203576,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/203576/?format=api",
    "text_counter": 234,
    "type": "speech",
    "speaker_name": "Mr. Lesrima",
    "speaker_title": "",
    "speaker": {
        "id": 178,
        "legal_name": "Simon Saimanga Lesirma",
        "slug": "simon-lesirma"
    },
    "content": "Mr. Temporary Deputy Speaker, Sir, I will be very brief! I think the independence of the Governor of the CBK is very crucial as far as carrying out his functions is concerned. The Governor should not be part of the Treasury. Historically, we know what has happened in terms of directives from the Treasury. That independence and integrity of the CBK should be maintained. Mr. Temporary Deputy Speaker, Sir, I would, therefore, wish to make a recommendation that the Chairman of the CBK be elected by the Board members, who will then present the name to the Minister and finally to the President for approval. That is the middle ground I would like to propose. This is because a Governor who is not independent is likely to dance to the tune of the Treasury. He is likely to please the Treasury so that his or her contract is renewed. It is important that we maintain that independence. Mr. Temporary Deputy Speaker, Sir, in this Bill, I want to support the recommendation to appoint two Deputy Governors. However, in terms of succession, we need to appoint Deputy Governors from within. There are highly educated and experienced personnel in the CBK. It is, therefore, unfair to keep on appointing people from outside. I have nothing against the recent changes that were made; I have nothing personal about it. It is demoralising to see somebody who has spent so many years working for CBK as a Deputy Governor being relegated to the post of Deputy Governor after acting as the Governor for several months. That person has worked extremely well. We are making matters worse by proposing here that we appoint Deputy Governors from outside the CBK."
}