Zimbabwe cracks down on illegal money traders to stabilize new currency ZiG

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Zimbabwe cracks down on illegal money traders to stabilize new currency ZiG

STORY: Zimbabwe cracks down on illegal money traders to stabilize new currency ZiG SHOOTING TIME: May 15, 2024 DATELINE: May 18, 2024 LENGTH: 0:03:08 LOCATION: Harare CATEGORY: ECONOMY SHOTLIST: 1. various of streets, money traders, new ZiG currency 2. SOUNDBITE 1 (English): ZVIKOMBORERO SIBANDA, Zimbabwean economist 3. various of people with ZiG currency and U.S. dollar 4. SOUNDBITE 2 (English): ZVIKOMBORERO SIBANDA, Zimbabwean economist 5. various of shops 6. SOUNDBITE 3 (Shona): BRIAN PHIRI, Harare resident 7. SOUNDBITE 4 (Shona): NOREEN CHIROMBO, Street vendor STORYLINE: Illegal currency traders have disappeared on the streets of Zimbabwe's capital Harare as authorities crack down on illegal money-trading in a bid to maintain the value of the new Zimbabwe Gold (ZiG) currency. The Reserve Bank of Zimbabwe (RBZ) on April 5 introduced the new gold-backed ZiG, replacing the Zimbabwean dollar, which had been ravaged by inflation. The ZiG is part of a basket of currencies accepted as legal tender in

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