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Zimbabwe to Officially Use China's Currency

The country's finance minister has announced the plan to adopt the Chinese yuan as legal tender in return for debt cancellation worth about $40m.

Zimbabwe: Zimbabwe to Adopt China's Currency the Yuan

Al Jazeera, 22 December 2015

Zimbabwe plans to adopt the Chinese yuan as legal tender in return for debt cancellation worth about $40m - a move one economist predicted "has no future at all". Read more »
Zimbabwe: Zimbabweans Give Chinese Yuan Thumbs Down

CAJ News, 31 December 2015

Some Zimbabweans have disapproved plans by the government to adopt the Chinese currency starting in January. Read more »

Africa Renewal/Bo Li

Chinese currency, the Yuan.

Zimbabwe: Yuan-Scaremongering, War That Isn't Ours

The Herald, 29 December 2015

Yesterday the national broadcaster ZBC, in its morning news bulletin, carried an item in which the Governor of the Reserve Bank of Zimbabwe dismissed messages doing the rounds on… Read more »
Zimbabwe: Central Bank Seeks to Promote Chinese Currency Use

Zimbabwe Standard, 6 December 2015

THE People's Bank of China and the Reserve Bank of Zimbabwe are investigating the feasibility of using the Chinese currency, renminbi or yuan under the multicurrency system. Read more »
Zimbabwe: Chinese Yuan's Internationalisation Good News to Zimbabwe - Analysts

New Zimbabwe, 1 December 2015

Already, Chinese currency yuan was given the legal status to circulate in Zimbabwe, where there has been no local currency since its demobilisation amid hyper-inflation six years… Read more »
Zimbabwe: Call to Embrace Yuan for Payments

The Herald, 7 August 2015

Zimbabwe should seriously consider the use of the Yuan for payments in transactions involving China, economic analysts have said. Read more »
Zimbabwe: VP Mnangagwa Wants Chinese Yuan as Legal Tender

The Herald, 9 July 2015

Vice President Emmerson Mnangagwa yesterday proposed to have the Chinese currency, the RMB/Yuan, as a legal tender in Zimbabwe when he met his Chinese counterpart Mr Li Yuanchao… Read more »
Africa: Chinese Yuan Penetrates African Markets

Africa Renewal, 10 October 2014

In March this year Zimbabwe joined a growing list of countries in Africa and the world using the Chinese currency, yuan, also known as remnibi (RMB), as one of its official… Read more »

InFocus

Zimbabwe V-P Wants Chinese Currency

Vice President Emmerson Mnangagwa met his Chinese counterpart in Beijing and proposed that China's yuan should be legal tender in Zimbabwe. Read more »
- Zimbabwe: VP Mnangagwa Wants Chinese Yuan as Legal Tender
- Zimbabwe: China Can Help Africa 'Stand On Its Feet' in Global Economy - VP Mnangagwa
China Urges Investor-Friendly Laws in Zimbabwe

Chinese officials emphasised the need for economic reforms to ensure clarity on investment laws, improving the ease of doing business, fighting corruption, introducing investment ... Read more »
- Zimbabwe: China Insists On Leadership Change
- Zimbabwe: Mugabe's China Push 'Sabotaged'
Zimbabwe, China Sign Landmark Deals

Chinese President Xi Jinping signed ten investment deals with Zimbabwe. Read more »
- Zimbabwe: State Visit Spawns U.S $4 Billion Deals
- Zimbabwe: Locals Won't Benefit From China-Zim Mega-Deals - Opposition

InFocus

Zimbabwe to Officially Use China's Currency

InFocus

Zimbabwe V-P Wants Chinese Currency

China Urges Investor-Friendly Laws in Zimbabwe

Zimbabwe, China Sign Landmark Deals

InFocus

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