HARARE – The contagion from China’s ongoing financial meltdown will likely drive Zimbabwe into a worse recession this year, experts warned this week, after Harare ill-advisedly adopted the yuan as a reserve currency this month. This comes as the People’s Bank of China, the central bank, last Thursday devalued the yuan to 6.5646 per dollar,…
To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions