Former minister of finance Tendai Biti has claimed that Zimbabwe dollar is not going to come back saying that no country has managed to demonetize the United States dollar. In an interview with Violet Gonda, Biti said:
What Zimbabweans want is a stable economy, and before we can even think of returning the Zimbabwean dollar, let’s produce, let’s export, let’s build foreign currency reserves of over US$5 Billion. And, to me, the Zimbabwean dollar is gone, it will never come back. There is no country in the world which has dollarized and which has managed to demonetise (the US dollar) because it’s confidence. The Zimbabwean dollar was caught in flagrante (in the act) by the people of Zimbabwe and you and I know what happens when someone is caught in flagrante – trust is gone and a divorce has to happen.
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Violet Gonda is a Zimbabwean journalist based who spent 17 years in London, United Kingdom after going for studies only to be denied entry into Zimbabwe by the late former President Robert Mugabe's regime. She interviewed Archbishop Emeritus Desmond Tutu, former US President Jimmy Carter,... Read More About Violet Gonda
Tendai Laxton Biti is a politician and currently one of the 3 Vice Presidents of the Movement for Democratic Change (MDC). He was elected the vice presidency in May 2019 at the MDC Congress. Biti is also one of Zimbabwe's most prominent lawyers. Biti is... Read More About Tendai Biti