DIASPORA REMITTANCES SURGE

Diaspora remittances recorded an 8 percent increase to US$879 million for the five months to May 2025 compared to the corresponding period last year. The latest figures from the Reserve Bank of Zimbabwe (RBZ) highlight the growing contribution of Zimbabweans in the Diaspora to the country’s economy. During the period under review, remittances accounted for 16,1 percent of total foreign currency