Yuan set to become Zimbabwe’s latest currency as China’s influence grows

Uyai Ndira 1 gore rinouya, Chinese Yuan ichava mari yepamutemo muZimbabwe zvichitevera nhaurirano dzakaitwa pakati pehurumende mbiri panguva yekushanya kwenyika kumutungamiriri weChina.

Izvi zvichaita kuti mari yekuChinese ienzane muZimbabwe nedhora rekuAmerica, randi rekuSouth Africa, uye Botswana pula, neeuro isingatore chikamu mune iyi equation, pamwe chiyeuchidzo chinopinza chekusavimbika kwakaratidzwa neEuropean Union kurwisa Zimbabwe.

China yakava mubatsiri mukuru weZimbabwe mukutengeserana uye mari dziri kuwedzera, zvichitevera kushanya kwaPresident Xi JinPing munyika nguva yadarika.


Looking East, after the windows to the West were locked by the Western powers, the remaining avenue to Zimbabwe, besides intra African trade, has come to export and import goods, and the use of the yuan is expected to facilitate this further. A write-off of loans worth 40 million US dollars helped Zimbabwe at the time to find a sounder economic footing again.

Chinese tourist numbers are growing as they are for Zambia and other neighboring countries, and Emirates is the one of the few airlines, besides Kenya Airways, offering daily connections from a number of Chinese cities via Dubai to Harare.