Tendai Biti’s declaration that Zimbabwe’s dollar is now dead are direct words subtly conveyed to Reserve Bank governor, Gideon Gono that his services are no longer required.

According to the constitution of Zimbabwe, the Reserve Bank governor manages monetary policy and when the currency dies, monetary policy immediately looses its purpose. Both Gono and Biti obviously know the whole meaning of this.

After monetary policy has become impotent, the man at the helm of the whole fiscal organism takes up space and squeezes into the fray. When the dust settles, and the glory begins to be seen, only one man will be praised. That will be the Finance minister. Tendai Biti ‘will’ be Zimbabwe’s Gordon Brown, as during the flowery days of Tony Blair.

The MDC obviously do not want to share this glory with anyone, beginning with Mr Gideon Gono, who has many times boasted to be on the World Bank list of wanted professionals. Gono claims that the United States government has ‘begged’ him to take up a top IMF job.

The MDC has for a long time desired that the Reserve Bank Governor be removed from office and another person take up his place. However, will Gono’s absence essentially guarantee any change to Zimbabwe’s ailing economy? Everyone believes it will, and in fact most critics echo the same sentiments. But Zimbabwes’ economy is fuelled mostly by agriculture, and this sector has experienced a historic continual decline since Mugabe began seizing legally owned farm land from white farmers in 2000. This chaotic move is widely seen by economists to be the direct cause of Zimbabwe’s woes which has also brought the country to its knees.

Tendai Biti smiled with Robert Mugabe live on national television on Thursday in such a glorious way seen by many to reflect that Biti has now taken the driving seat of the economy, will work well with Mugabe, but this will happen in Gideon Gono’s absence , or rather silence. But what will happen to Gono? Gono might just as well turn into a phantom stooge hidden in the Samora Machel RBZ building, and maybe, he will go back to cook some more tea. In his own words, Gono reveals that his first profession was ‘cooking tea’ and he says that he was well good at it!

(Source)