RECORD DIASPORA REMITTANCES THIS YEAR

 Zimbabwe’s Diaspora remittances are this year expected to close at record levels of US$940 million, despite economic disruptions caused by the Covid-19 pandemic. Estimates from the Reserve Bank of Zimbabwe (RBZ) show that as at October 30, 2020, Zimbabwe had registered a 48 percent jump in remittances to US$760 million, from the prior comparable period. This was largely due to increased use of