Biti takes fight to Gono

The war of attrition between Finance minister Tendai Biti and Reserve Bank governor Gideon Gono intensified this week, raising fears it could disrupt the smooth operation of monetary and fiscal policies unless quickly resolved. Biti this week took the fight deep into Gono’s territory after he told cabinet that the central bank boss ran a parallel government structure at the height of his power which gobbled 45% of Gross Domestic Product (GDP).