Power-sharing talks between Zimbabwe's ruling ZANU-PF and opposition MDC are set to resume on Sunday, South African President Thabo Mbeki said after meeting President Robert Mugabe.
'The talks are progressing. They (the negotiators) want to resume on Sunday,' Mr Mbeki, who is mediating the talks at a secret location near Pretoria, told reporters.
Mr Mbeki flew to Harare for discussions with Mugabe after the talks adjourned yesterday amid suggestions by the MDC that they were deadlocked.
'We came just to brief the president on how far the negotiations have gone,' said the South African president.
'There are naturally some matters which require the negotiators to come back to consult. That's why they are all here in Harare today,' added Mr Mbeki, whose discussions with Mr Mugabe lasted an hour.
Mr Mbeki said he had already met Mugabe's rival, opposition leader Morgan Tsvangirai, in Pretoria yesterday after the negotiations adjourned.
In Harare, he also met Arthur Mutambara, the leader of another MDC faction.
Meanwhile, the Zimbabwe Central Bank has announced it is revaluing the Zimbabwe dollar, establishing a new currency unit which will equal 10bn of the current dollar, to take effect next week.
Inflation in the country is currently running at 2.2 million per cent a year. A loaf of bread costs $200bn in Harare today.
A new $100bn bank note came into circulation on 21 July in a bid to tackle rampant cash shortages
In January, a $10m note was issued, then a $50m note in April. In May, notes for $100m and €250m dollars were issued, followed by $5bn, $25bn and $50bn notes.
