He holds a Ph.D. in Economics from Virginia Polytechnical Institute and State University, a Master's Degree in Economics from Howard University, and a Bachelor's from Georgetown University.
Prior to his work in the private sector, Dr. Tsumba consulted for the United Nations Commission on Trade and Development, and served as Assistant Professor of Economics at Trinity College.
Dr. Tsumba worked extensively with Citibank NA in the late 1970s and early 1980s, serving as International Economist and Associate Economist, and later as Money Economist—Vice President.
From 1987-1993, Tsumba served as Group Chief Executive for Finhold/Zimbabwe Banking Corporation LTD, and he served the Reserve Bank of Zimbabwe in various senior positions from 1981 to 1987.
After the end of his governorship at the RBZ Tsumba Tsumba was a board member of several listed and non-listed companies. He was also chairman of CABS as well as Dairiboard at some point in his later years.
- Tsumba named Dairiboard chairman, New Zimbabwe, Published:6 July 2012, Retrieved:13 Dec 2014