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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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ZIMBABWE-HARARE-CURRENCY-ILLEGAL TRADE-CRACKDOWN

(240516) -- HARARE, May 16, 2024 (Xinhua) -- A person shows a new currency Zimbabwe Gold banknote in Harare, Zimbabwe, on May 15, 2024. 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. (Photo by Shaun Jusa/Xinhua) TO GO WITH Roundup: Zimbabwe cracks down on illegal money traders to stabilize new currency ZiG

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ZIMBABWE-HARARE-CURRENCY-ILLEGAL TRADE-CRACKDOWN

(240516) -- HARARE, May 16, 2024 (Xinhua) -- A person shows a new currency Zimbabwe Gold banknote in Harare, Zimbabwe, on May 15, 2024. 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. (Photo by Shaun Jusa/Xinhua) TO GO WITH Roundup: Zimbabwe cracks down on illegal money traders to stabilize new currency ZiG

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Zimbabwe's new gold-backed currency enters circulation amid high inflation

STORY: Zimbabwe's new gold-backed currency enters circulation amid high inflation SHOOTING TIME: April 30, 2024 DATELINE: May 2, 2024 LENGTH: 00:06:43 LOCATION: Harare CATEGORY: ECONOMY SHOTLIST: 1. various of ZiG currency notes 2. SOUNDBITE 1 (English): MUTSA MUTEVE, Local resident 3. various of ZiG coins, people counting coins, and a man buying water from a vendor using coins 4. SOUNDBITE 2 (English): LETWIN CHIMANGA, Local resident 5. various of people on the streets 6. SOUNDBITE 3 (English): KUNASA MUSAKURA, Local resident 7. various of people outside a local bank, a man holding ZiG notes and counting the notes 8. SOUNDBITE 4 (English): PROSPER CHITAMBARA, Economic analyst 9. various of people with new notes 10. SOUNDBITE 5 (English): PROSPER CHITAMBARA, Economic analyst 11. various of people with new notes STORYLINE: Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form o

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- A man uses new currency Zimbabwe Gold banknotes to buy drink outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- People exchange new currency Zimbabwe Gold banknotes outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- A woman shows a new currency Zimbabwe Gold banknote outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- People queue to withdraw new currency Zimbabwe Gold outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- A man shows new currency Zimbabwe Gold banknotes outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-GOLD-BACKED CURRENCY-INTRODUCTION

(240406) -- HARARE, April 6, 2024 (Xinhua) -- New governor of Reserve Bank of Zimbabwe (RBZ) John Mushayavanhu presents the 2024 monetary policy statement in Harare, Zimbabwe, April 5, 2024. Zimbabwe on Friday introduced to the market the much-awaited structured currency that monetary authorities expect to foster currency stability and contain rising inflation. The new structured currency, known as the Zimbabwe Gold (ZiG), will be backed by a basket of foreign exchange reserves and precious metals, mainly gold, being held by the Reserve Bank of Zimbabwe (RBZ), or the country's central bank. (Photo by Shaun Jusa/Xinhua)

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ZIMBABWE-HARARE-GOLD-BACKED CURRENCY-INTRODUCTION

(240406) -- HARARE, April 6, 2024 (Xinhua) -- This photo taken on April 5, 2024 shows specimens of new Zimbabwean dollar notes in Harare, Zimbabwe. Zimbabwe on Friday introduced to the market the much-awaited structured currency that monetary authorities expect to foster currency stability and contain rising inflation. The new structured currency, known as the Zimbabwe Gold (ZiG), will be backed by a basket of foreign exchange reserves and precious metals, mainly gold, being held by the Reserve Bank of Zimbabwe (RBZ), or the country's central bank. (Photo by Shaun Jusa/Xinhua)

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Volunteers bring Australia's historic Zig Zag Railway back to re-opening after over decade

STORY: Volunteers bring Australia's historic Zig Zag Railway back to re-opening after over decade DATELINE: May 31, 2023 LENGTH: 00:01:30 LOCATION: SYDNEY, Australia CATEGORY: SOCIETY SHOTLIST: 1. various of along the Zig Zag Railway 2. SOUNDBITE (English): LEE WIGGINS, Volunteer STORYLINE: The heritage-listed Zig Zag Railway in the Australian state of New South Wales (NSW) welcomed back steam enthusiasts on Saturday after local volunteers spent more than a decade refurbishing the track to its previous glory. The railway is located near the town of Lithgow, west of the Blue Mountains, and requires about a two-hour drive from Sydney's inner city. First established in 1869, it once served as a part of the Western Railway to transport people and products between the western plains of NSW and Sydney. In the 1970s, a group of volunteers formed a not-for-profit organization to operate the track mainly as a tourist attraction. But the services came to a halt after the Zig Zag Railway lost its accreditatio

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FALSE WITNESS

FALSE WITNESS aka ZIG ZAG Date: 1970