Zimbabwe economy | Former Finance Minister labels ZiG a waste of time

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  • čas přidán 12. 04. 2024
  • Former Finance Minister Tendai Biti says the newly-launched currency will be rejected by Zimbabweans, because they have no confidence in it. It's the latest attempt by the Zimbabwe government to rein in runaway hyperinflation and stabilise the battered economy. eNCA correspondent Pindai Dube reports. #dstv403

Komentáře • 103

  • @davidmafuika4193
    @davidmafuika4193 Před 2 měsíci +26

    I'm not Zimbabwean but I'm rooting for this currency. It will work!!

    • @CollinsNdlovu-pv9sj
      @CollinsNdlovu-pv9sj Před 2 měsíci

      That's why you Not Zimbabwean because you don't know how it's affecting an ordinary Zimbabwe without Any Opinion 😏

    • @michaelmaps2004
      @michaelmaps2004 Před 2 měsíci +1

      Thank you

    • @simba8665
      @simba8665 Před 2 měsíci

      you are soo naïve because you have never lived in Zimbabwe

    • @ducatirottie
      @ducatirottie Před 2 měsíci +1

      @@simba8665 He knows that but he’s ROOTING that it wins. Y’all are phucked either which way so at LEAST let people cheer for y’all!! 🤦🏽‍♂️

    • @Azizullah13579
      @Azizullah13579 Před měsícem

      You need to have gold reserves to have gold back currency.

  • @Appydem
    @Appydem Před 2 měsíci +23

    This Tendai Bitti guy is selfish, he will attack anything that the government does. He needs to put opposition politics aside and start playing his part as a citizen to support this great effort of restoring the Zim economy

    • @farooka25
      @farooka25 Před 2 měsíci

      He thinks he will gain relevance amongst Zimbabweans, I know Zimbabweans will punish him accordingly.

    • @Nmbongeni
      @Nmbongeni Před 2 měsíci +6

      His saying fact people are very skeptic of this zig. People are tired of nonsense

    • @abrahamsithole9254
      @abrahamsithole9254 Před 2 měsíci

      You must be living under a rock ? This is our fourth or fifth currency in under 15 years . He knows much more about the economy than your whole lineage

    • @chichi87ish
      @chichi87ish Před 2 měsíci

      true u cant be seen blaming for the sake blaming no country will prosper without its own currency

  • @Blaze_Don1
    @Blaze_Don1 Před 2 měsíci +8

    I mean from 1usd=30,000 to 1usd=15 that's a big move

    • @arkangel2000
      @arkangel2000 Před 2 měsíci +1

      redenomination does not fix anything. Zimbabwe has been removing zeros from currencies many times now.

  • @MrDifficille
    @MrDifficille Před 2 měsíci +10

    This guy was in the states some years ago advocating for U.S. economic sanctions on Zimbabwe... advocating for the suffering of the people. Tragic fool.

    • @abrahamsithole9254
      @abrahamsithole9254 Před 2 měsíci

      Your existence is tragic

    • @miltonbosha3532
      @miltonbosha3532 Před 2 měsíci

      It's you who have been fooled who think sanctions can be impossed on a country be coz an individual plead or advocate for them

    • @MrDifficille
      @MrDifficille Před 2 měsíci

      @miltonbosha3532 Whatever. The dude was out there advocating for the starvation of innocent people. His own people at that. Just sick. Tragic fool.

    • @Kichakavibes
      @Kichakavibes Před 2 měsíci

      You need help 😅😅😅

    • @MrDifficille
      @MrDifficille Před měsícem

      @miltonbosha3532 Whatever! The fool advocated for the collective punishment of innocent people who are feeling the brunt of an economically unfair planet even before sanctions. Just sick.

  • @ShumaniNebonde
    @ShumaniNebonde Před 2 měsíci +13

    This guy is a fraudster. He stole $230 000 Rogers money

    • @simba8665
      @simba8665 Před 2 měsíci

      the Zimbabwean government are not fraudsters?

  • @WisdomMaketo
    @WisdomMaketo Před 2 měsíci +6

    He learn nothing and forgotten nothing

  • @svd_roCKefeller
    @svd_roCKefeller Před 2 měsíci +9

    Right now the street rate for ZiG transfer is at 20 ZiG at $1 😢

  • @conceretejungle1150
    @conceretejungle1150 Před 2 měsíci +19

    Enemy of progress😮

    • @miketafirenyika5925
      @miketafirenyika5925 Před 2 měsíci +2

      😂😂😂 since 2000 talking of progress

    • @zee-pougebndouyebani9828
      @zee-pougebndouyebani9828 Před 2 měsíci +2

      That currency will never work, we know it That's ZANU PF for you. So please take care of your USD otherwise you are reduced to a begger within 2 years.
      I hope you haven't forgotten what happened to all the other currencies. And don't forget what happened to our parents pensions.

    • @conceretejungle1150
      @conceretejungle1150 Před 2 měsíci

      @@zee-pougebndouyebani9828 we shall see 👀

    • @conceretejungle1150
      @conceretejungle1150 Před 2 měsíci

      @@miketafirenyika5925 yes

    • @aid66546
      @aid66546 Před 2 měsíci +2

      You are a Zanu pawn

  • @KW709
    @KW709 Před 2 měsíci +5

    Nothing works in zim

  • @Takesure-hn9en
    @Takesure-hn9en Před 2 měsíci +2

    Trust is the key for the money to be stable. Let us say i will cook my food and give you to eat and myself i will not eat that food because i want to see if the food has poison or not. Would you eat? So I guess Zimbabwe is not Ready for it's own currency. Hence the Good advice to the ordinary Zimbabweans is to continue keeping US dollar. Zimbabwe is not serious.

  • @Ryan_Sever
    @Ryan_Sever Před 2 měsíci +3

    Wow everyone will eat their words😂
    Leaning so hard on it failing well let's just wait and see😂

  • @johnbutler7542
    @johnbutler7542 Před 2 měsíci +3

    ZIG today ZIG ZIG next month ZIGGY ZIGGY ZIGGY...the rest is history

  • @jimmycricket5366
    @jimmycricket5366 Před 2 měsíci

    Zig Zag wiggy wag. A currency called, "Special Agro Cheque"😂😂😅

  • @wits562
    @wits562 Před 2 měsíci

    May this works 🙏

  • @carolinezenda1264
    @carolinezenda1264 Před 2 měsíci +4

    Kwana tendai

  • @ironore1000
    @ironore1000 Před 2 měsíci +6

    Nothing works in Zimbabwe. Except corruption. The country will arise when zanu PF is kicked to the kerb.

  • @sideshow22
    @sideshow22 Před 2 měsíci +8

    ZiG backed by gold but the gold is smuggled out of Zim by the same politicians......some hilarious staff😂😂😂😂

    • @AthenaForexGroup
      @AthenaForexGroup Před 2 měsíci

      Of course it's backed by gold you are right,and Zimbabwe has gold reserves to back the currency.The surplus is sold not smuggled,so what is point?

  • @trustchipato5984
    @trustchipato5984 Před 2 měsíci +4

    I agree with Biti

    • @khumbulanishoko-ww2bn
      @khumbulanishoko-ww2bn Před 2 měsíci +2

      Biti is stupid the only way for ZiG to work zim needs production industry to work,

    • @tinashematereke3045
      @tinashematereke3045 Před 2 měsíci

      Don't be a FOOL ....... Biti opposes everything even if it's gud... DONT listen to that fool

  • @Djchief263
    @Djchief263 Před 2 měsíci +1

    Khiphani osphatheleni ilizwe lizolunga

  • @user-kh5gl9rg3k
    @user-kh5gl9rg3k Před 2 měsíci +1

    Why keep on changing money chii chaita musoro uteme. Nyika ino controler ne boys rekuna fourth money changers

  • @emmanuelmuza7616
    @emmanuelmuza7616 Před 2 měsíci +2

    The best educated lawyer so far

  • @streetevangelismzimbabwe
    @streetevangelismzimbabwe Před 2 měsíci

    Pakaipa

  • @ChengetaiMungundungundu
    @ChengetaiMungundungundu Před 2 měsíci

    If we can see ZIG , it's not a Gold becoz Gold have value rather than zig.🎉

  • @emkayafrika7
    @emkayafrika7 Před 2 měsíci

    Agenesti

  • @tumztrance
    @tumztrance Před 2 měsíci

    currently its at ZiG mode, what until it starts Zig Zagging🤣🤣

  • @MrDifficille
    @MrDifficille Před 2 měsíci +1

    Tired old use of neo-classical crap terms like "printing" lol "printing money" 😆

  • @brianbb0208
    @brianbb0208 Před 2 měsíci

    The Zig will be fine as long as we don't start printing more than the reserves,

  • @pridekimbini4739
    @pridekimbini4739 Před 2 měsíci

    That guy ndiri benzi rekupedzisira apana chozikamwa kungowawata bedzi

  • @willardsithole9179
    @willardsithole9179 Před 2 měsíci

    Nothing will ever come from these peoples mouth will be positive ........everytime is opposing only , give us the solurins than just wawata and wawata

  • @reverendconetmoyo7879
    @reverendconetmoyo7879 Před 2 měsíci

    Thought about the first lady of Sierra Leon..,s comments.. when i see this guy..who says the western world uses the opposition parties to advance western interests....the west is losing ground in africa..got kicked out in north africa..

  • @user-uo6yk4fx3k
    @user-uo6yk4fx3k Před 2 měsíci

    Biti biti biti

  • @fairmauto1938
    @fairmauto1938 Před 2 měsíci

    Coming from a guy who advocated for sanctions my foot

  • @ayandafree4354
    @ayandafree4354 Před 2 měsíci +1

    Zig and Sharko!!!!!

  • @kelvinm5034
    @kelvinm5034 Před 2 měsíci

    He is opposition what do you expect

  • @AdelinaNhambel-ri1xm
    @AdelinaNhambel-ri1xm Před 2 měsíci

    Enemy of the black movement what a disgrace

  • @user-ny6rw1rh8n
    @user-ny6rw1rh8n Před 2 měsíci

    Hazvina rudo kana tsitsi unongoti chero uchirikufema becoz ma 1 😂

  • @user-ny6rw1rh8n
    @user-ny6rw1rh8n Před 2 měsíci

    Ko vakuti zig 20 vs $1 vana Vani

  • @ephraimmurukai9915
    @ephraimmurukai9915 Před 2 měsíci

    He want to be loved in SA 😂😂😂he will never ever be in power that gentleman

  • @Blaze_Don1
    @Blaze_Don1 Před 2 měsíci +1

    100 trillion for only 2 bottle of water😂I guess everyone in Zimbabwe is a billionaire

  • @samueltsimoyi2125
    @samueltsimoyi2125 Před 2 měsíci

    enemies of progress, upon your own people. such foolishness. instead of promoting positivity you are down with negativity. ichashanda unyare

  • @ceasarchamunorwa7218
    @ceasarchamunorwa7218 Před 2 měsíci +2

    Toilet paper 🧻 is more worthy than Zig

    • @AthenaForexGroup
      @AthenaForexGroup Před 2 měsíci

      So says an idiot squatting in other people's country.

  • @fairmauto1938
    @fairmauto1938 Před 2 měsíci

    T. B. thinks he knows everything. ZiG will outlive his assertion.

  • @user-de1gk5fs1x
    @user-de1gk5fs1x Před 2 měsíci

    Biti hauzive zvaunoita

  • @andebekwa9861
    @andebekwa9861 Před měsícem

    It will work, RSA is next...AFRICA Unite!!!!!
    I feel like this guy has been part of the problem all along.

  • @user-pn9qp1sr3e
    @user-pn9qp1sr3e Před 2 měsíci

    a few tips for the gov. 1 just use the gold by itself no paper notes. 2 use Silver as well as gold for smaller purchases and no paper notes. just the metal coin in people's pockets.

  • @emmanuelmuza7616
    @emmanuelmuza7616 Před 2 měsíci

    The supporters of chimisa are full of hatred for the genius politician, chamisa is a Zanu pf project his father was a sell during Smith ,there is no way The boy can be honest,he is in comfort zone and his wife and kids are leaving large, his supporters are like manure which make others to prosper, them willing be singing ngapinde mukomana childish politics

  • @linenmasaire1228
    @linenmasaire1228 Před 2 měsíci

    Thts why he is on enca.Zig will do well and we don't old pple like biti to tell us.These guys failed and they wish the current generation to fail as well.Biti was selling money wen he was finance minister thts why the dollar failed.Tell me 1 interview Biti said anything positive about Zimbabwe. He is paid to say negative things.Thts why zanupf call these guys sellouts.

  • @Africana399
    @Africana399 Před 2 měsíci +2

    😂😂😂😂 This the news that's SABC like. Biti is just useless as CCC

  • @nkosiphilenathanael8740
    @nkosiphilenathanael8740 Před 2 měsíci +3

    he is lying. We have confidence in our ZIG

  • @user-vm5ps5st9y
    @user-vm5ps5st9y Před 2 měsíci

    He can be true biti but he has a bad picture coz he sellout the freedom of pple of Zimbabwe to corrupt pple.i hate him strong

  • @eddiemanyepwa1053
    @eddiemanyepwa1053 Před 2 měsíci

    Biti hahaha former empty finance minister

  • @PMaps-qp8ug
    @PMaps-qp8ug Před 2 měsíci

    Apererwa Mbiti because he is seeing that Zimbabwe is striking the right codes in terms of currency reform

  • @tuvanrashid1299
    @tuvanrashid1299 Před 2 měsíci

    😂

  • @tauraigwasira7174
    @tauraigwasira7174 Před 2 měsíci +1

    Biti hapana zvinozivikanwa
    Enemy of progress
    *#NyikaInovakwaNeveneVayo*

  • @liquidityghosttrader
    @liquidityghosttrader Před 2 měsíci