Zimbabwe 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 is knocking 10 zeros off the hyper-inflated currency. On Aug. 1, 10 billion dollars becomes one dollar.
Mugabe warned profiteers in a televised address 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 cannot handle basic transactions in billions and trillions of dollars. A 100 billion-dollar note issued last week is not enough to buy a loaf of bread.
