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

Nge-1 kaJanuwari kulo nyaka uzayo, iyuan yaseTshayina ibe yimali esemthethweni eZimbabwe emva kweengxoxo ezazibanjwe koorhulumente babini kutyelelo lukamongameli waseTshayina.

Oku kuya kwenza imali yaseTshayina ilingane eZimbabwe nedola yaseMelika, irandi yoMzantsi Afrika, kunye nePula yaseBotswana, i-euro ingenanxaxheba kulo mlinganiso, mhlawumbi isikhumbuzo esibukhali sokungakhathali okubonakaliswe yi-European Union ngokuchasene neZimbabwe.

I-China ibe lelona qabane likhulu kwezorhwebo laseZimbabwe kwaye utyalo-mali luyakhula, kulandela utyelelo lukaMongameli Xi JinPing kweli kwixesha elidlulileyo.


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.