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U.N STEPS INTO ZIMBABWE ELECTION CRISIS 

U.N. Secretary-General, Ban Ki-moon says he is talking to African states about how the U.N. can help ensure an election run-off in Zimbabwe is credible.

Ban told reporters at THE U.N. headquarters that he would discuss a possible U.N. role in Zimbabwe with Tanzanian President, Jakaya Kikwete, who chairs the African Union, and Zambian President, Levy Mwanawasa, who leads the Southern African Development Community.

He said sending a U.N. envoy and monitors to Zimbabwe were both options.

Zimbabwe's opposition Movement for Democratic Change MDC has yet to say whether its leader, Morgan Tsvangirai would contest a second round against President Robert Mugabe, but said one condition for doing so might be a U.N.-led observer mission.

The opposition rejects results showing Tsvangirai failed to beat Mugabe by a big enough margin in the March twenty-nine vote to avoid a run-off and accuses Mugabe’s supporters of a campaign of violence.

No date has been set for a run-off yet, but by law, the Zimbabwe Electoral Commission is supposed to set the date within twenty-one days of the result.

Meanwhile, Zimbabwe's Central Bank will today Tuesday, introduce new higher value banknotes in its latest attempt to ease the effects of hyperinflation.

The Central Bank Governor, Gideon Gono said in a statement that  introduction of the one hundred million and two hundred and fifty million Zimbabwe dollar bills was meant to minimise inconveniences to the banking public and the corporate sector.

Previously, the country's highest value note was a fifty million Zimbabwean dollar bill, introduced in March. The new highest denomination note is worth about three loaves of bread.

Zimbabwe, which has the highest inflation rate in the world above one hundred and sixty-five thousand percent, has been beset by long queues at banks as consumers seek banknotes to stock up basic goods.

 

REUTERS

 

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