Categories: Top story of the day

Biti tells prophets to bail out country

Finance Minister Tendai Biti has asked two prophets who claimed that they could make their church followers miraculously receive money in their pockets and bank accounts to bail out the country so that it can liquidate its external debt. He said prophets: Uebert Angel and Emmanuel Makandiwa should help Zimbabwe liquidate its $10.1 billion debt and $260 million local arrears. I respect the men of God, Angel and Makandiwa because of the miracles they are performing. But if they are printing real money, I am asking them to deposit the money in our account at CBZ so that we can pay some of our arrears….I have no knowledge of that happening. I have never known it to happen, so I can’t comment on hearsay and speculation. However, on a lighter note, I want to tell these men of God that we have US$10.1 billion external debt and US$260 million local arrears. We also need US$200 million for the referendum. So if they are printing real money, I would be grateful if they can deposit it in our account so that we can settle these debts.”

(26 VIEWS)

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.

Share
Published by
Charles Rukuni

Recent Posts

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024

Zimbabwe among the top countries with the widest gap between the rich and poor

Zimbabwe is among the top 30 countries in the world with the widest gap between…

November 14, 2024

Can the ZiG sustain its rally against the US dollar?

Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…

November 10, 2024

Will Mnangagwa go against the trend in the region?

Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…

October 22, 2024