Biti says Zimbabwe is suffering from fiscalitis- “tinodya mari semushonga womusana”


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THE HON. DEPUTY SPEAKER: Hon Member, stick to the motion.

HON. BITI: We cannot say we are open for business when we unleash the army on unarmed civilians as we did on the 1st of August 2018 – [HON. MEMBERS: Inaudible interjections.] –

*HON. CHINOTIMBA: The truth is that what happened during elections of 31st July 2018 is under investigation. There is a Commission. Hon. Biti is also under investigation on the same matter. So, he needs to withdraw.

THE HON. DEPUTY SPEAKER: Hon. Member, events of the 1st of August 2018 must not be debated. I have ruled.

HON. BITI: When we are open for business there must be harmony and dialogue in our country. I submit that President Mnangagwa….

[Time limit.]

HON. CHIKWINYA: I want to move that the Hon. Member’s time be extended.

HON. CHINOTIMBA: I object.

Motion put and negative.

THE HON. DEPUTY SPEAKER: He cannot continue, it is objected.  I will give you one minute to wind up.

HON. DR. BITI: So, the third solution which we are proposing is the total de-monetisation of the bond note.  The bond note must be scrapped namhla kachana.  It must go.  Fourth, we must protect the balances of people which are in bank accounts right now. So, the major announce on the 1st of October in the Monetary Policy Statement, that we are now creating a FCA has got the effect of devaluing people’s accounts at the present moment.  We cannot lose value again.

Fifth, we must join the Rand Monetary Union as a matter of urgency.  I thank you very much Hon. Madam Speaker.

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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  1. Biti is soo forgetful, it’s not fiscalitis, its you and Chamisa who went to the US and asked Trump not to remove Zidera. You are not a stateman, rather you are cut the best opportunist. You think if Zimbabwean suffer then they will vote Zanu Pf out. Why don’t you start by revisiting trump and ask him to reverse Zidera. It’s all about you and Chamisa being in power. It’s not about us as Zimbabweans. Prove you are a better politician.