MISA- Media Institute of Southern Africa

ZIMBABWE, Harare : Zimbabwe central bank governor Gideon Gono speaks at a press conference to discuss the dismissal of the entire board of a local bank, CFX Holdings after it was leaked that the bank had off-loaded 260 billion Zimbabwe dollars of the new currency to buy foreign exchange one day before the notes were legal tender on December 4, 2008 in Harare. Once described as a model economy and a regional breadbasket, Zimbabwe's economy has collapsed over the past decade and there are now shortages of basic foodstuffs like sugar and cooking oil.