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State of emergency looms in Zim

2008-07-30 12:52

Special Report

4 face Zim deportation over tortoise meat

Four Chinese men face deportation from Zimbabwe after they were arrested for killing more than 40 tortoises for meat, a report says.

War vets battle dispair

A dusty road leads to the village of Wedza, where veterans of Zimbabwe's liberation war eke out a meagre living on their farm cooperative, which after a promising start now brings only despair.

Harare - Zimbabwean President Robert Mugabe has warned business people that he will impose a state of emergency if they profiteer.

Mugabe made the threat after the reserve bank governor announced he was knocking 10 zeros off the hyper-inflated currency. On August 01, 10 billion dollars becomes one dollar.

Mugabe warned profiteers in a televised address on Wednesday not to "drive us further" but said if they did the government would impose emergency measures.

The new currency was forced because computers, electronic calculators and automated teller machines at banks could not handle basic transactions in billions and trillions of dollars. A 100 billion-dollar note issued last week was not enough to buy a loaf of bread.

- AP

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State of emergency looms in Zim

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