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

Huawei launches program to train IT talents in Zimbabwe

STORY: Huawei launches program to train IT talents in Zimbabwe DATELINE: Oct. 25, 2023 LENGTH: 00:01:39 LOCATION: Harare CATEGORY: ECONOMY SHOTLIST: 1. various of Huawei-related events 2. SOUNDBITE 1 (English): SIMELISIZWE SIBANDA, Zimbabwean Deputy Minister of Higher and Tertiary Education 3. SOUNDBITE 2 (English): YANG SHENGWAN, Huawei Zimbabwe Managing Director STORYLINE: Chinese telecom giant Huawei on Tuesday officially launched the 2023 edition of the Seeds for the Future program in Zimbabwe, its flagship program that aims to train local talents in the Information Communication Technology (ICT) sector. A total of 50 undergraduate students from Zimbabwe's universities will undergo a week-long virtual training course to upgrade their ICT knowledge and skills from Nov. 20 to 27. SOUNDBITE 1 (English): SIMELISIZWE SIBANDA, Zimbabwean Deputy Minister of Higher and Tertiary Education "Because the young generation are the future, we must invest in training them in ICT for the transformation of our economy

Zimbabwean currency gains ground against U.S. dollar as forex rate volatility eases

STORY: Zimbabwean currency gains ground against U.S. dollar as forex rate volatility eases DATELINE: July 29, 2023 LENGTH: 00:03:39 LOCATION: Harare CATEGORY: ECONOMY SHOTLIST: 1. STANDUP 1 (English): TAFARA MUGWARA, Xinhua reporter 2. various of people counting currency 3. SOUNDBITE 1 (English): ZVIKOMBORERO SIBANDA, Economic Analyst 4. various of vendors and people on the streets 5. STANDUP 2 (English): TAFARA MUGWARA, Xinhua reporter 6. SOUNDBITE 2 (English): LUCY KUWENGWA, Local resident 7. SOUNDBITE 3 (Shona): SAMUEL PFANI, Street vendor STORYLINE: The Zimbabwean dollar continued to gain ground following government measures aimed at stabilizing foreign exchange rate and curbing a freefall that had resulted in soaring prices. The currency traded at 4,517 Zimbabwean dollars per U.S. dollar on wholesale foreign exchange auction Thursday, up from 6,713 per U.S. dollar recorded on June 16, central bank figures showed. STANDUP 1 (English): TAFARA MUGWARA, Xinhua reporter "The Zimbabwean dollar continues t

ZIMBABWE-BULAWAYO-LEATHER INDUSTRY

ZIMBABWE-BULAWAYO-LEATHER INDUSTRY

(220509) -- BULAWAYO (ZIMBABWE), May 9, 2022 (Xinhua) -- Bongani Sibanda (2nd L) and his colleagues load cow hides onto a trailer at a tannery in Bulawayo, Zimbabwe, on May 3, 2022. (Photo by Shaun Jusa/Xinhua) TO GO WITH Feature: Generational inheritance keeps leather making tradition alive in Zimbabwe