Gono: Things that could not be said

HARARE - A successful life or career is measured by the amount of enemies or the controversies that one is associated with.

In fact it remains a paradox that the few successful among us are men and women who court societal controversy the most, but they are not deviants.

The man they call Gideon Gono or “GG” is by no means a saint, but a pragmatic realist who tried the best he could under what he called “extraordinary solutions to extraordinary circumstances”.

He was able to create a love and hate relationship with different segments of society.

Those who loved him wanted him to do some things on their behalf while those who loathed him were mostly outlaws and vampires masquerading as genuine bankers whose sole mission was to defraud the trusting and unsuspecting banking public.

Those who used unorthodox means, possessed by the “I want to grow a mango and reap the fruits today” demon found Gono to be a Moreno Ocampo looking for bad attitude and rogue leaders to take them to the International Criminal Court (ICC).

Many people joined the seemingly intelligent and popular “Gono must go” mantra without putting much thought to such slogans. Perhaps they needed time to think and really say what sin real or perceived did this man commit. His sin was seeing and thinking in different ways.

During the period of hyperinflation, Gono was both the alpha and the omega.

The Reserve Bank of Zimbabwe (RBZ) occupied a central role in all economic affairs of the country with the sole aim of launching a springboard for future economic growth.

This is what most people did not see very clearly and most of them were just fond of launching endless brick bats at Gono.

It is this far-fetched vision that was missed by many of his supposed partners who seemed to fold their hands when the baton was being handed to them.

At a critical and desperate times that the country was in, could one stand up and say they could have done things better under those circumstances?

It does not make sense to imagine what could have been done but what Gono did was absolutely correct because he did it with good intentions.

Whether it worked out or not, intention is what matters.

Gono weathered the storm and pushed his programmes in a way that was envied by his critics.

Gono realised that for an economy to grow, the physical infrastructure needed attention.

This explains why funds were availed to local authorities to upgrade the infrastructure and provide better services.

Parastatals were also supported so that they could perform their role as economic enablers; food security was also prioritised with various interventions such as the farm mechanisation and revival of irrigation schemes.

All these and many other programmes that RBZ did were meant to eventually leapfrog the economy.

The sad part of all this work is that when the programmes fail because of poor implementation beyond the originator’s control, then all the blame goes back to the originator.

Gono cannot be faulted for empowering those who called themselves farmers with implements and inputs when they chose not to farm.

As the curtain draws down, Gono should stand tall with pride and should never regret anything that he did because he thought it was the best and indeed everyone can learn and unlearn from his actions.

Perhaps, what troubled him most was the fact that each time he slashed zeros they came back with a vengeance.

With the current liquidity crisis and a dangerous plunge into deflation, the new governor should measure up and have an innovative mind such as that exhibited by Gono.

Will the next governor be able to steer the economy in better ways and have his name on Zimbabwean bank notes?

Whoever it’s going to be, expectations are always going to be high.

Comments (26)

Hey Wellington, people suffered during the reign of this man and we are still suffering up until today because of the bad decision man by Gideon. Don't ever try to absolve him. He cost us and that's all there is on record. You cannot try to praise someone who was part to the creation of this problem and even made it worse by his actions. Him and his whole lot are just failures and we do not appreciate your efforts in trying to make him clean. That's typical "Person laundering”. Unless if you also benefited from the clumsy administration of this vital institution then we will understand why you are showering him with praises.

Pride - 5 December 2013

Whilst I didn't benefit anything during my stint at the RBZ with GG at the helm during 2005-2008, I can safely say that GG is one man who prevented the total collapse of Zim through his interventions-orthodox and/or unthordox depending on how one sees it. I remember in between late 2006 and Mid 2007 when he set up the Fuel and Elerctricity Stabization Fund [FESF] through one of his Monetary Policy statements and we would sit either at Stanbic Bank or 23rd Floor RBZ with all Bank CEOs deciding on how to distribute the little foreign currency that would have trickled into the economy the previous week-it was never more that $3 million per week against competing Fuel needs, Electricity bills for ASKOM, ZESCO. SNEIL, Caborrra Basa of Mozambique ,etc. It is O.K to comment without the correct facts but those of us who had a glimpse of what Zim was going through will not rush to throw brick bats at GG.

MuNdau - 5 December 2013

I am unlearned to understand ecomics dynamics, so I will not dare comment on wether GG was a complete failure or not. One thing, However, I know is that he prevented the nation from being declared a failed state. One contributor to a failed state is state that fails to pay its civil servants. In this regard GG was always at the task simply adding zeroes to our salaries yet inflation would chew the zeroes over night. The bottom line remains that we were paid our salaries. Now the government must look at ways of compensating the year or so it did not realistically paid its civil servants where only zeroes were used as the trick.

BC - 5 December 2013

I will not judge....if GG is a christian he will receive his judgement one day. Asi I am now poor after I had invested in Insurance policies and retirement schemes. Who did he serve or save. To be or not to be?

Gogo Vaitenga - 5 December 2013

"Gono cannot be faulted for empowering those who called themselves farmers with implements and inputs when they chose not to farm." I wonder why he doesn't tell the public who got what and such recipients should make good their debts.

Manyika - 5 December 2013

how can u say Gono destroyed the economy

hardlife - 5 December 2013

I think the writer has to first research what the central bank is entitled. Empowering and all those quasi-fiscal activities are 100% not central bank functions. Reckless printing of money, taking the Economy from the hands of Dr Tsumba with 2 digit inflationa rate and leaving it without its own currency. What are you saying. Book Economics really works and inventing your own economics such what we witnessed Gonomics is a total disaster. A central bank governor is a trustee of public resources and should not under any circumstance be driven by political wills. Gono lost it by becoming a ZANU-PF marty and all our long life saving were eroded in a spec of an eye. He created those problems Himself and takes full responsibility.............he is a complete failure in the history of all Zim Governors....ngaaende ngaende

kasnet - 5 December 2013

Wellington do you know this A Central bank governor should be politically neutral. Farm mechanisation belongs to a certain gvt ministry Trading on black markets is an illegal practice My point is Gono wanted to be The Minister of Finance, Minister of Agric and Farm Mech, Minister of Social Welfare and at the same time Reserve Bank Governor. Here Are His Achievements Acquiring so many farms Eroding national citizens hard earned savings and future generation savings to zero Making his former bank CBZ a number 1 bank in the economy And the Major 1....MAKING OUR OWN CURRENCY A DINOSOUR takanzwa kuti kwaive nemaDinosaurs biggest animal on planet....vana vane 5 years nw we are saying Once Upon A Time, We used to have our own currency which used to trade on 1 as to 1 with the British pound. Amen. He made us a laughing stock all over the world. Though flamboyant "This Governor", he has to go. do more research Wellington or maybe were not in Zim2003 to 2008, by the way Gono joined RBZ in 2003, when yes inflation was rising but 2 digits, our Economy double that of Zambia....Zimbos earning more than The Tswanas. but now we are a third of Zambian economy and Tswana's earn 4 times more than us. Taiseka Kwacha but it still exits....Thank you Dr. G. Gono

kasnet - 5 December 2013

Imi mubvunzei kuti akavharirei Trust bank now rust is struggling not because of anything other than this GG guy. They did not plant a mango tree and expected to reap mangoes there and there, here was a brand of a bank which unfortunatley did not have a ZanuPf face in it which was forced out. Gono I can say he was 90% horrible and maybe 10%. Can he really absolve himself why he closed Trust Bank. i banked with trust Bank those days and never had problems getting my moneys. Rumour is he took Trust's USD and wanted to repay in Zimdollar when Trust refused he punished it by closing it. I say its rumour. But you may believe it because Trust was not struggling.

Maita Manyuka - 5 December 2013

Surprisingly, why has it taken this long to know about this. This is the attitude still in some of us regarding, puppets in our midst, sanctions etc.

peter seru - 5 December 2013

AHA! GONO NDIYE WANYORA IZVI NDOKUBVA AKUPA IWE. THIS IS HOGWASH JOURNERLISM WELLINGTON. WERE YOU BORN WHEN EVIL GONO WAS TRESHING ZIMBABWE PEOPLE 'S LIVES? ONCE AGAIN :"GO GONO GO=AWAY".A SNAKE IS A SNAKE;WHETHER OLD OR YOUNG. DO NOT TRY TO SPRUCE UP A WHICH. IF HE HAD GOOD INTENTIONS UP REALISING THAT THE OUTCOME WAS NOT GOOD/CORRECT WHY DID HE CONTINUE WITH THAT MISMATCH? WHATEVER WILL BE WRONG WILL ALWAYS BE WRONG. REGAI KUHUNDURA ZIZI MOTENGESERA VANHU MUCHITI IHUKU. THE OTHER THING TECHNOLOGY HAS COME OF AGE: NOMORE MONOPOLY OF IDEAS. KUNYAGWE MUGABE TINOMUTUKA KANA ACHIITA MADISINYONGORO NENYIKA YEDU. GONO MESSED-UP BIG TIME. I/WE HAVE NO KIND WORDS FOR HIM. MIND YOU ZIMBABWEANS ARE WELL SCHOOLED TO SEE THROUGH ANY NUISANSICAL INTENTIONS. WE KNOW GONO IS PAYING TO HAVE HIS IMAGE GLORIFIED, JOURNALISTS DO NOT PUT YOUR PROFESSION TO SHAME LIKE RUBBEN BARWE. EAT THAT DIRTY MONEYS QUIETLY"WONGONOTAURIRA GONO WACHOKA KUTI POVO YARAMBA ASI MARI NDAKADHLA. WONYARARA ZVAKO." KANA AVE KUKUNETSA WOCHINYORA NHAU MANJE. PLEASE DO NOT WRITE ANYTHING GOOD ABOUT GONO.THERE IS NOTHING GOOD TO WRITE ABOUT THAT THUG.

BABA NASHE - 5 December 2013

Anyone who argues that Gono was a successful governor must surely be drunk or possess a very short memory. Have you forgotten the days of endless queues in the bank to get a maximum withdrawal equivalent to 5Rand while Gono splurged newly printed bond paper at all the gateways to the country,? Have you forgotten that people's entiire life savings were reduced to ashes because the Zim dollar simply became worthless? Have you forgotten the robbery of individual and corporates monies in the banks in order to spruce his master the president? Can anyone please remind Gadzikwa to explain the concpet of mechanisation, fuel support, dishing of tractors, motor cycles, cars, combine harvesters, etc to non farming chiefs and ZANU PF apologists? Where are all these things now? Does anyone have a invenotry of who got what, were, when? What kind of accountability is this? Gono must have been useful to ZANU PF and its President, but he was a total liability to the people of this country.

Hwezhachikara - 5 December 2013

Gono was simply given the task of captaining a ship which had already been thrown into the storm by the reckless actions of others. He did what he could under the circumstances. People who think Gono was out of line because he was performing quasi-fiscal duties do not understand how wars are fought - because indeed this was/ is an economic war. The important thing is the ship did not actually sink albeit badly battered. Good luck in your next assignment GG!

Nyika Ndeyedu - 5 December 2013

????

Sefudi - 5 December 2013

Seperate GG and the politics of this land and comment accordingly.GG is a true workhorse who never run short of ideas.

trueman - 5 December 2013

Gono was a man with a vision. He saved this nation with extaordinary actions during tough circumstances. i was in industry, and saw first hand the man's attempt to wake up industry. He gave USD, with only one condition: meet the agreed production targets, in which case you reinvest the profit made to ensure that you meet the next round of production targets. I saw the man mechanise farms, with the intension of kickstarting farming. Gono saved this nation. My only disappointment was that he did not go on to take a higher level position. Let me tell you my dream team in terms of government. President Mugabe - maintain stability and keep the old guard at bay Prime Minister Simba Makoni - lead in an inclusive way. Remember was the first to suggest a unity government during his first run in the presidential election? A politician with a business acumen. Finance Minister Gideon Gono - give him free reign to implement all his radical ideas that he tried at RBZ. Information Minister Jonathan Moyo - His ability to spin stories, turn a losing hand into a winner, convince you that your stomach is full when you have not eaten the whole day, is what is needed to bring in the feel-good factor. Remember the way he made us forget country trouble to support the Warriors campaign in the AFCON? Well thats my dream team!

Alex - 5 December 2013

Iwe. mbavha musade kushandisa mapepanhau to protect yourself. U could write better things about Chidhumo and Masendeke...

Wenyu - 5 December 2013

GG was in a fight and he fought a good one. The most here knows the real coz y the Zim Dollar is no longer there. Who determined the black market rates? Only people with their country at heart know he fought for us. Even Biti Acknowledged.

do we know - 5 December 2013

JUST LOOK AT GG AGRICULTERAL PLANS MOST OF HIS MACH ARE ROTTING AWAY ON AUCTIONS

JACK - 6 December 2013

@alex and the journalist who wrote this article and those who think gono was a statemen, you need to do a thorough research and stop sprucing up the bad and ugly

atz - 6 December 2013

HEY THINK GG TRIED HS BEST TO RESTORE CONFIDENCE IN THE BANKING SECTOR BT WAT DO YOU EXPECT IN AN ECONOMY CONTROLLED BY POLITICIANS WHO USE THEIR MUSCLES IN ECONOMIC ISSUES, I CONSIDER YOU AS A FOOL IF U JUST CRUSH THIS MAN WITHOUT A KNOW HOW IN THE RELATED TOPIC.IT IS THE ROLE OF THE CENTRAL BANK TO MONITOR AND CONTROL THE ACTIVITIES OF EVERY BANK SO AS TO AVOID LOSS OF DEPOSITORS FUNDS THATS WHY SOME BANKS ARE PLACED UNDER CURATORSHIP. IS IT THE POLITICAL PARTIES THAT DAMAGED YOUR ECONOMY -ZANU PF TO BE PRECISE NOT, IS IT GONO WHO BROUGHT THE INDEGINISATION POLICY HEZVO TUMA LOCAL BANK TWAKUVHARWA. ADHERE TO BANKING POLICIES CHETE TRUST WOULD NOT HAV BEEN SHUT DOWN AT THAT TIME.LOOK AT METBANK DO YOU KNOW THAT THE NON PERFOMING LOAN BOOK THAT HAS LED TO ITS FALL IS LARGELY CHARACTERISED BY POLITICIANS -ZANU PF GOONS.PLEASE MAKE A POLITICAL CORRECTION FIRST THEN YOU WILL BLAME ERRORS MADE BY GONO, TO TELL YOU THE TRUTH THAT MAN TIE HIS BEST BUT IN THIS POLITICAL SET UP HIS EFFORTS HAS BEEN SUPPRESSED.

INI - 6 December 2013

@ Maita ko vana Barclays, Stanchart,Stanbic, akaitwei zvaasiri emuno, tok with sense.

INI - 6 December 2013

Wellington seems to have benefitted from free farming implements. Its so painful to see how a man can lose his soul for a few pieces of silver. But then a lie said over and over again, can never be truth. No matter how many times we may call a spade a large teaspoon, it does not change and suddenly become a teaspoon. Wellington to me passes for a bootlicker. The people whose relatives died of disease while their money was trapped in banks, who slept endless nights without food, whose daughters died of hunger , the pensioners whose lifetime savings were wiped out over night when Wellington's hero turned them into zero, the mothers whose sons were amputated because they could not get their money to have them treated, the workers who toiled day and night on shifts only to get nothing, the children who did not get proper education, and their lives are forever dented,and many others are the ones who will judge Wellington and his zero Gono. The truth being told Gono has quiet a number of serious financial crimes which he will one day stand to face. In a normal set up, Gono, RBZ, Gvt, should face civil suits by individuals affected. But then this is Zimbabwe, "juntaism" is the law. But then "Chisingaperi chinoshura Wellington what goes around comes around. when the people rise they will purge the society of all ills. It may be treasonable now. Vanodziya moto wembavha hokoyo. These guys may kill, deceive, steal, but they will not kill all of us. They will not deceive us all.

mosquito - 7 December 2013

Wellington seems to have benefitted from free farming implements. Its so painful to see how a man can lose his soul for a few pieces of silver. But then a lie said over and over again, can never be truth. No matter how many times we may call a spade a large teaspoon, it does not change and suddenly become a teaspoon. Wellington to me passes for a bootlicker. The people whose relatives died of disease while their money was trapped in banks, who slept endless nights without food, whose daughters died of hunger , the pensioners whose lifetime savings were wiped out over night when Wellington's hero turned them into zero, the mothers whose sons were amputated because they could not get their money to have them treated, the workers who toiled day and night on shifts only to get nothing, the children who did not get proper education, and their lives are forever dented,and many others are the ones who will judge Wellington and his zero Gono. The truth being told Gono has quiet a number of serious financial crimes which he will one day stand to face. In a normal set up, Gono, RBZ, Gvt, should face civil suits by individuals affected. But then this is Zimbabwe, "juntaism" is the law. But then "Chisingaperi chinoshura Wellington what goes around comes around. when the people rise they will purge the society of all ills. It may be treasonable now. Vanodziya moto wembavha hokoyo. These guys may kill, deceive, steal, but they will not kill all of us. They will not deceive us all.

mosquito - 7 December 2013

Abraham Lincon is quoted as saying" You can fool some people some of the time but you cant fool all the people all of the time' Who created the inflation in the first place with the countless printing of money on bond paper. Who removed 25 noughts making currency worthless?

vortex - 8 December 2013

so what? things that could not be said, which is? You fool! !! Go to hell na Gono wako. We suffered during his time in office and still suffering because of his madness. Go to hell na Gono wako.

chipazhamongo maseredza - 9 December 2013

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