{"id":17096,"date":"2019-12-22T20:15:43","date_gmt":"2019-12-22T18:15:43","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=17096"},"modified":"2019-12-22T20:15:43","modified_gmt":"2019-12-22T18:15:43","slug":"putting-faith-in-zim-dollar-is-similar-to-a-wife-trusting-a-habitually-cheating-husband-biti","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/putting-faith-in-zim-dollar-is-similar-to-a-wife-trusting-a-habitually-cheating-husband-biti","title":{"rendered":"Putting Faith In Zim Dollar Is Similar To A Wife Trusting A Habitually Cheating Husband \u2013 Biti"},"content":{"rendered":"<p>Former Finance Minister and MDC vice president\u00a0<a href=\"https:\/\/www.pindula.co.zw\/Tendai_Biti\" target=\"_blank\" rel=\"noopener noreferrer\">Tendai Biti<\/a>\u00a0said that the re-introduction of the Zimbabwe dollar to replace the multi-currency regime has failed to yield the desired results.<\/p>\n<p>Speaking to the\u00a0<em>Daily News<\/em>\u00a0on Saturday, Biti likened the Zimbabweans\u2019 loss of trust in the Zimbabwe dollar to a wife who has lost faith in a cheating husband. He said:<\/p>\n<p>De-dollarisation has failed \u2026 All of this is the sum of total idiocy of the government while its cheerleaders continue to applaud it.<\/p>\n<p>The local currency is \u2026 like a wife who catches her husband with his pants down. Trust will never be fully restored.<\/p>\n<p>Businesses and ordinary people have been ravaged by their own currency twice, so it\u2019s a question of reality \u2026 self-defence.<\/p>\n<p>There is nowhere in the world where a country that involuntarily dollarised has gone back to adopt its own currency. Cuba a few weeks ago went back to the American dollar.<\/p>\n<p>Zimbabwe ditched the multi-currency system in June this year after businesses had started to accelerate informal re-dollarisation.<\/p>\n<p>However, the local currency has been sliding in value exponentially since its introduction, with the government demanding taxes from certain sectors in foreign currency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Finance Minister and MDC vice president\u00a0Tendai Biti\u00a0said that the re-introduction of the Zimbabwe dollar to replace the multi-currency regime has failed to yield the desired results. Speaking to the\u00a0Daily News\u00a0on Saturday, Biti likened the Zimbabweans\u2019 loss of trust in the Zimbabwe dollar to a wife who has lost faith in a cheating husband. He [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":12051,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12],"tags":[458,1190],"class_list":{"0":"post-17096","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-policy","9":"tag-biti","10":"tag-multi-currency-system"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Putting Faith In Zim Dollar Is Similar To A Wife Trusting A Habitually Cheating Husband \u2013 Biti - zimbabwe<\/title>\n<meta name=\"description\" content=\"Former Finance Minister and MDC vice president\u00a0Tendai Biti\u00a0said that the re-introduction of the Zimbabwe dollar to replace the multi-currency regime\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/putting-faith-in-zim-dollar-is-similar-to-a-wife-trusting-a-habitually-cheating-husband-biti\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Putting Faith In Zim Dollar Is Similar To A Wife Trusting A Habitually Cheating Husband \u2013 Biti\" \/>\n<meta property=\"og:description\" content=\"Former Finance Minister and MDC vice president\u00a0Tendai Biti\u00a0said that the re-introduction of the Zimbabwe dollar to replace the multi-currency regime\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/putting-faith-in-zim-dollar-is-similar-to-a-wife-trusting-a-habitually-cheating-husband-biti\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-22T18:15:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/2019\/08\/Tendai-Biti.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"668\" \/>\n\t<meta property=\"og:image:height\" content=\"407\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/putting-faith-in-zim-dollar-is-similar-to-a-wife-trusting-a-habitually-cheating-husband-biti\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/putting-faith-in-zim-dollar-is-similar-to-a-wife-trusting-a-habitually-cheating-husband-biti\",\"name\":\"Putting Faith In Zim Dollar Is Similar To A Wife Trusting A Habitually Cheating Husband \u2013 Biti - 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