Zimbabwe’s new plan to hedge against inflation

With one of the highest inflation rates in the world eating away at its local currency, Zimbabwe’s central bank this week launched gold coins as a way for people to park their cash and slow the demand for US dollars. The coins, named Mosi-oa-Tunya, the Indigenous name of Victoria Falls, will be convertible into cash and tradable locally and internationally. But many are dubious about the government’s plans. Reporter Ish Mafundikwa says that at a cost of more than $1,800 few Zimbabweans will be able to afford them.