FINANCIAL SERVICES

Zim banks pursue Yuan, Rupee supply

Zimbabwean banks are in negotiations with China and India for supply of the countries' currencies.This comes on the back of the Reserve Bank of Zimbabwe (RBZ)'s addition of four new currencies - Chin...

By Staff reporter | Published: 12 March 2014
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FINANCIAL SERVICES

Zim banks start opening yen, yuan accounts

SOME local banks have started opening accounts for transacting in the Japanese yen, Chinese yuan, Australian dollar and Indian rupee following the expansion of the country's foreign currency basket by...

By Staff reporter | Published: 05 March 2014
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AFRICA BUSINESS

Kenya wants to host a clearing house for China's yuan

Nairobi - Kenya wants to host a clearing house for China's yuan currency - a bold African first that would deepen the continent's ties with Beijing, already a big investor from The Cape to Cairo.Such...

By Reuters | Published: 18 September 2013
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Business Daily Zimbabwe

Latest News

  1. 1 Mnangagwa stuffs cabinet with family, loyalists
  2. 2 Protesters plan Beitbridge Border Post shutdown
  3. 3 Zimdollar future hangs in the balance
  4. 4 Dutch firm blocked from purchasing Astra Industries parent company
  5. 5 David Coltart elected Bulawayo mayor
  6. 6 NRZ targets US$1m from property leases
  7. 7 Zimbabwe's new MPs to declare assets
  8. 8 Ian Makone elected Harare mayor
  9. 9 Varun Beverages in expansion drive
  10. 10 IDBZ resolute in supporting NDS1

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