Home LOCAL NEWS BITI TEARS INTO CHINAMASA, “BLAMES HIM ECONOMIC CRISIS”

BITI TEARS INTO CHINAMASA, “BLAMES HIM ECONOMIC CRISIS”

BITI TEARS INTO CHINAMASA,

BITI TEARS INTO CHINAMASA, “BLAMES HIM ECONOMIC CRISIS” | Former Finance minister Tendai Biti is of the view that his successor, Patrick Chinamasa, should take the blame for the economic crisis that followed the liquidation of the government of national unity in 2013.

BITI TEARS INTO CHINAMASA, "BLAMES HIM ECONOMIC CRISIS"

A lawyer by profession, Chinamasa took over from Biti – also a legal practitioner – four years ago after the ruling party romped to victory at the 2013 polls to end an uneasy unity government in which Zanu-PF shared power with the MDC.

The 60-year Zanu-PF politician had faced criticism ever since he took over from Biti – then a former secretary-general of the MDC – for failing to introduce sound economic policies that could attract foreign direct investment and improve people’s livelihoods.

There has been a wide speculation that Chinamasa might have been demoted from the Finance office about a week ago and reassigned to a less fashionable ministry of Cyber Security, Threat Detection and Mitigation owing to his poor economic policies.

In an interview with the, Biti said Chinamasa was to blame for the current economic crisis because of his alleged failure to understand economics. He said when Chinamasa took over from him in 2013 Treasury operated a functional system, which is no longer the case.

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