Blowback as Ncube blows own trumpet . . .we have one of the worst exchange rates in Africa, says Biti

📅 Published: August 21, 2025

📰 Source: thestandard

Curated by AllZimNews.com

There were blowbacks by a string of experts, including ex-finance minister, Tendai Biti and leading economist, Tony Hawkins, who argued current levels of economic decay spoke louder than the award. “I find those tweets (by Ncube) so disturbing,” said Biti, one of Zimbabwe’s most successful finance ministers who presided over the ministry during the inclusive government. “They are pathological, sycophantic.

Who blows his own trumpet?

The magazine in question, from Senegal, is an innocuous little publication.

More than that, it is a very skewered publication.

The economy does not need a spokesperson; it speaks for itself.

When the economy functions the citizen is happy, buoyant and aggressive.

The average Zimbabwean is battered, bitter,” Biti added. “Of all economic indices, there is one thing that doesn’t lie; it is the exchange rate.

The exchange rate tells you whether the economy is performing well, whether the stewardship of the economy is in good hands.

We have one of the worst exchange rates on the African continent,” added Biti. “You have to have a value system.

Humility is so important.

You have to have ubuntu.

There are those who judge people.