Zimbabwe's central bank launches a new currency backed by gold, as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy. The ZiG, short for Zimbabwe Gold, will replace the Zimbabwean dollar which has tumbled in value over the past year, Reserve Bank governor John Mushayavanhu tells a press conference in Harare. "We have introduced a new monetary policy framework that will enable stability, simplicity, certainty and predictability," Mushayavanhu says. "We are doing what we are doing to ensure that our local currency does not die." IMAGES AND SOUNDBITES