DIASPORA REMITTANCES HIT US$635 MILLION

ZIMBABWE’s Diaspora remittances grew by 2,6 percent to US$635 million in 2019 from US$619 million recorded in 2018, according to the Reserve Bank of Zimbabwe (RBZ). Although the country incurred negative inflows in the first eight months of the year, the month of September marked a positive shift with US$52,5 million flowing in compared to $46,4 million in 2018, which is a 13 percent