Search / Remittances
Job losses plague Zimbabwe's retail, mining sectors
Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...Published: 20 Jun 2025 at 17:31hrs | 97 | by Staff reporter
Harare fails to procure tar, patches roads with soil
The City of Harare (CoH) has been without tar for over a year, forcing municipal workers to patch roads using soil and rubble, a stark indicator of the worsening state of basic service delivery in the...Published: 13 Jun 2025 at 06:54hrs | 696 | by Staff reporter
CBDs struggle as suburbs gain traction
Zimbabwe's property market is grappling with a complex mix of economic pressures and changing tenant preferences, according to a recent report by Knight Frank.Vacancy rates in prime urban area...Published: 10 Jun 2025 at 08:47hrs | 306 | by Staff reporter
Zimbabwe to benefit from surge in remittances
Zimbabwe stands to gain significantly from a projected surge in remittance inflows into Africa, with the African Development Bank (AfDB) forecasting that the continent will receive US$100 billion in r...Published: 30 May 2025 at 08:58hrs | 131 | by Staff reporter
Africa set to attract $100 billion in remittance inflows
The African Development Bank (AfDB) has projected that Africa will receive approximately US$100 billion in remittance inflows in 2025, as the continent positions itself to harness the full potential o...Published: 29 May 2025 at 10:20hrs | 27 | by Staff reporter
Zimbabwe turns to sugar, fast foods, and booze for revenue
Zimbabwe's Treasury is relying heavily on taxes imposed on sugar, fast food, and alcoholic beverages to recoup hundreds of millions of dollars lost following sharp cuts in official development assista...Published: 28 May 2025 at 11:02hrs | 420 | by `
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 619 | by Staff reporter
Delta highlights Zimbabwe's economic
Delta Corporation, Zimbabwe's leading brewer and soft drinks manufacturer, has painted a stark picture of the nation's economy, highlighting its persistent fragility despite signs of resilience in con...Published: 16 May 2025 at 15:03hrs | 667 | by Staff reporter
UK closure of care work visa to hit Zimbabweans hard
The United Kingdom's decision to permanently shut down its care worker visa route has sent shockwaves across Zimbabwe, where the scheme had offered thousands a much-needed escape from economic hardshi...Published: 13 May 2025 at 16:33hrs | 9528 | by Staff reporter
Zimbabwe govt blocks 4,000 nurses from leaving
The Zimbabwean government has reportedly withheld verification letters for more than 4,000 nurses, effectively blocking their chances of securing employment abroad in a controversial attempt to stem t...Published: 06 May 2025 at 08:44hrs | 493 | by Staff reporter
Govt cannot block the exodus of professionals through force
Let's not kid ourselves. You can burn the letters, double the fees, threaten the nurses, and chain the airport gates if you want - but people will still find a way to leave this crumbling husk of a na...Published: 05 May 2025 at 23:09hrs | 385 | by Kumbirai Thierry Nhamo
Money transfer agency teller in US$4,700 and ZAR600 theft
A teller employed by Zimsend, trading as Hello Paisa, has been sentenced to community service after being convicted of stealing US$4,705 and ZAR600 from her employer.Christwish Machamacha (47)...Published: 28 Apr 2025 at 12:04hrs | 34 | by Staff reporter
Zimbabwe's crisis will not be solved by another election
For over four decades since our hard-won independence, Zimbabwe has been trapped in cycles of political contestation, economic decline, and social fragmentation.As someone who has lived throug...Published: 13 Apr 2025 at 15:04hrs | 1306 | by Ibbo Mandaza
'No to megaphone criticism'
Zimbabwe's Foreign Affairs and International Relations Minister, Professor Amon Murwira, has urged citizens living abroad to refrain from public criticism of national leaders and instead support the c...Published: 12 Apr 2025 at 13:43hrs | 137 | by Staff reporter
Zimbabwe engages diaspora community to boost investment
Zimbabwe's diaspora community plays a vital role in the country's development, and the Government is actively engaging them to facilitate access to investment opportunities, Foreign Affairs and Intern...Published: 28 Mar 2025 at 05:42hrs | 126 | by Staff reporter
ZDVI to engage legislators as WhatsApp ground is created for diaspora and MPs interaction before 31 March 2025
Zimbabwe Diaspora Vote Initiative To Engage All Stakeholder - Starts with Legislators as WhatsApp Ground is Created for Diaspora and MPs Interaction as Musicians are Called to Amplify the Call for Dia...Published: 26 Mar 2025 at 22:57hrs | 495 | by ZDVI
Diaspora remittances surge 7,5% in February
Diaspora remittances to Zimbabwe grew by 7.5 percent in February 2025, reaching US$165 million, up from US$153.8 million in the same month last year. The increase highlights the continued importance o...Published: 26 Mar 2025 at 06:46hrs | 114 | by Staff reporter
How Trump's Paris Climate Agreement withdrawal impacts Zimbabwe and the path forward
THE decision by U.S. President Donald Trump to withdraw the United States from the Paris Climate Agreement this year has once again sent shockwaves across the global community.While the move w...Published: 18 Feb 2025 at 20:16hrs | 923 | by Tendai Ruben Mbofana
Zimbabwe's debt unsustainably high
The International Monetary Fund (IMF) has warned that Zimbabwe's debt and external arrears remain unsustainably high, forcing the country to rely on its own resources to fund economic activities....Published: 16 Feb 2025 at 07:42hrs | 417 | by Staff reporter
Zimbabwe's 2024 foreign currency receipts top US$13bn
Zimbabwe's foreign currency inflows grew by 21 percent in 2024, reaching US$13.3 billion compared to US$11 billion in 2023, driven primarily by an increase in export proceeds, according to the Reserve...Published: 12 Feb 2025 at 06:35hrs | 261 | by Staff reporter
Bard Santner growing in leaps and bounds
Fast-growing asset management firm Bard Santner Investors (Private) Limited has been appointed as the new fund manager for three unit trusts: Tetrad Gold Fund, Gross Income Fund, and Net Income Fund, ...Published: 06 Feb 2025 at 14:39hrs | 147 | by Staff reporter
Mnangagwa touches off storm over US deportations
President Emmerson Mnangagwa has caused a stir after publicly backing United States President Donald Trump's decision to deport over 500 undocumented Zimbabweans, as part of the Trump administration's...Published: 06 Feb 2025 at 08:19hrs | 708 | by Staff reporter
Mukuru launches mobile wallet in Zimbabwe to bolster financial inclusion
Next-generation financial services platform Mukuru has introduced a mobile wallet in Zimbabwe following the issuance of a deposit-taking microfinance institution licence by the Reserve Bank of Zimbabw...Published: 14 Jan 2025 at 14:12hrs | 248 | by Staff reporter
Capitec closes accounts of Zimbabwean Exemption Permits holders
Zimbabwean Exemption Permits (ZEP) holders in South Africa have found their Capitec bank accounts closed, leaving many in a state of uncertainty. The sudden move has sparked concerns within the Zimbab...Published: 01 Jan 2025 at 10:27hrs | 7794 | by Staff reporter
Bulawayo thrives with festive shopping and holiday preparations
Bulawayo was buzzing with energy yesterday as last-minute Christmas shoppers filled the city, creating a festive and vibrant atmosphere. Banking halls, supermarkets, and beauty salons were packed, whi...Published: 25 Dec 2024 at 08:20hrs | 173 | by Staff reporter
Harare bustles with last-minute Christmas shoppers
Harare was a hive of activity yesterday as shoppers crowded the city's stores for last-minute Christmas purchases, while hundreds of travelers rushed to rural areas to reunite with their families ahea...Published: 24 Dec 2024 at 12:38hrs | 160 | by Staff reporter
EcoCash apologizes for recent service disruptions
EcoCash, Zimbabwe's leading mobile money platform, has addressed recent technical challenges that disrupted services, leaving many users unable to transact smoothly.In a statement, EcoCash ack...Published: 21 Dec 2024 at 15:49hrs | 1497 | by Staff reporter
Mukuru expanding into deposit-taking microfinance institution
Zimbabwe's rapidly growing remittance sector has prompted several money transfer platforms to diversify their services, with Mukuru Financial Services Zimbabwe Limited becoming the latest to be licens...Published: 19 Dec 2024 at 16:56hrs | 502 | by Staff reporter
Harnessing the Zimbabwe diaspora for economic, social development
ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to trans...Published: 14 Dec 2024 at 21:08hrs | 374 | by Constantine Chikosi
'Zimbabwe, SA facing migration challenges'
Human trafficking and undocumented migration present significant challenges in managing migration and protecting the rights of migrants, according to United Nations (UN) Resident and Humanitarian Coor...Published: 13 Dec 2024 at 09:41hrs | 198 | by Staff reporter
Mnangagwa gets global commendation
President Emmerson Mnangagwa's leadership as the chair of the Southern African Development Community (SADC) has received global recognition for promoting peace and stability in the region. This accola...Published: 11 Dec 2024 at 06:32hrs | 390 | by Staff reporter
Zimbabwe's cash reserves cannot cover a month
The Zimbabwe National Chamber of Commerce (ZNCC) has raised alarm over the country's dwindling foreign currency reserves, warning that the current US$540 million is insufficient to cover even a single...Published: 06 Dec 2024 at 18:10hrs | 649 | by Staff reporter
Mnangagwa reaffirms Zimbabwe's commitment to Tripartite Dialogue
President Mnangagwa has reaffirmed the Zimbabwean Government's dedication to maintaining dialogue under the Tripartite Negotiating Forum (TNF), an initiative praised by the International Labour Organi...Published: 04 Dec 2024 at 06:37hrs | 211 | by Staff reporter
Zimbabwe forex receipts jumps 17.9% to $10 billion in 2024
Zimbabwe recorded a remarkable 17.9% increase in foreign currency receipts in the first nine months of 2024, reaching US$10 billion compared to US$8.5 billion during the same period in 2023. This grow...Published: 02 Dec 2024 at 07:17hrs | 96 | by Staff reporter
RBZ assures bonus payments will not disrupt economic stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu has assured that the payment of civil servant bonuses ahead of the festive season will not affect price stability or the exchange rate....Published: 01 Dec 2024 at 08:50hrs | 104 | by Staff reporter
Mthuli Ncube's budget is anti-people, anti-business and anti-Zimbabwe
Citizens Coalition for Change Statement on 2025 budget statement The recent national budget proposal exposes the Zanu-PF government's obnoxious penchant to compulsorily expropriate people's mo...Published: 30 Nov 2024 at 13:28hrs | 87 | by Willias Madzimure
Zimbabweans abroad sent home US$1,9 billion in 9 months
Zimbabweans living abroad sent a record-breaking US$1.9 billion back home in the first nine months of 2024, marking a significant 16.5% increase from the US$1.6 billion remitted in the same period las...Published: 29 Nov 2024 at 07:17hrs | 378 | by Staff reporter
'Trump Presidency to hurt Zimbabwe's trade, investments'
Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities....Published: 11 Nov 2024 at 07:13hrs | 2309 | by Staff reporter
Diasporas gift Tsholotsho with private school
A dedicated group of Zimbabweans based in South Africa has mobilized resources to construct a state-of-the-art private boarding and day school in the Tsholotsho district of Matabeleland North province...Published: 29 Oct 2024 at 07:39hrs | 575 | by Staff reporter
Zimbabwe sees US$16.3 billion in diaspora remittances over a decade
Zimbabwe has experienced a significant influx of diaspora remittances, totaling US$16.3 billion over the past ten years, as more Zimbabweans living abroad send money back home to support their familie...Published: 28 Oct 2024 at 07:05hrs | 402 | by Staff reporter
ZAA Founder on Diaspora, ZIG, Xenophobia and Julius Malema
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."Aristotle's age-old dictum has been used and sometimes abused to the point of cliché.But whatever truth; b...Published: 26 Oct 2024 at 13:02hrs | 571 | by Staff Reporter
High passport fees may hinder Zimbabwe's remittance flows
The Zimbabwe Banks and Allied Workers Union (Zibawu) has raised concerns that the country's high passport fees could significantly impede remittance flows by restricting citizens' migration opportunit...Published: 18 Oct 2024 at 12:30hrs | 3930 | by Staff reporter
Zimbabwe's resilience: A nation's ability to overcome economic challenges, from sanctions to currency instability
For over two decades, Zimbabwe has been a nation under siege. Economic sanctions, imposed primarily by the United States and its Western allies, have crippled the country's economy, creating one of th...Published: 18 Oct 2024 at 11:56hrs | 169 | by Michael Badze
Zimbabwe reviews national diaspora policy
The Government of Zimbabwe has launched a comprehensive review of its National Diaspora Policy, aimed at fostering stakeholder engagement and ensuring inclusive participation in national initiatives. ...Published: 17 Oct 2024 at 08:56hrs | 152 | by Staff reporter
Matebeleland South tops in diaspora remittances
Matebeleland South province has emerged as the top region in Zimbabwe for households receiving remittances or gifts from abroad, primarily due to a significant number of its youth migrating to South A...Published: 14 Oct 2024 at 08:52hrs | 710 | by Staff reporter
5 reasons Zimbabwean diaspora should choose Remitly
The flow of remittances to Zimbabwe is substantial, with diaspora remittances estimated at over US$1 billion annually, accounting for approximately 16% of the country's total foreign exchange receipts...Published: 11 Oct 2024 at 16:00hrs | 360 | by Staff reporter
Nyasha Magadhi: A Trailblazer in Zimbabwe's Mining Industry
Born: May 29, 2000 Occupation: Mining Entrepreneur, Consultant, Youth Advocate Founder: WeMine Zimbabwe, Ore Min...Published: 26 Sep 2024 at 17:09hrs | 1704 | by Simbarashe Sithole
ZSE outshines VFEX in wealth creation
The Zimbabwe Stock Exchange (ZSE) has emerged as the preferred investment destination for those seeking wealth creation, surpassing the foreign currency-denominated Victoria Falls Stock Exchange (VFEX...Published: 26 Sep 2024 at 13:37hrs | 64 | by Staff reporter
Zimbabwean diaspora urged to care for parents
A Zimbabwean official from a drought-stricken southern district has issued a heartfelt plea for Zimbabwean immigrants living in neighboring South Africa to urgently assist their families and relatives...Published: 17 Sep 2024 at 09:13hrs | 867 | by Staff reporter
Chiwenga says Zimbabwe's monetary policy is in line with SADC integration
Zimbabwe's advancements in the gold sector, including the adoption of a floating exchange rate framework, align closely with the Southern African Development Community's (SADC) goal of achieving regio...Published: 14 Sep 2024 at 16:13hrs | 910 | by Staff reporter
Load More Stories
