FAMILIES NOW SURVIVING ON DIASPORA REMITTANCES

THE majority of poverty-stricken Zimbabwean families are
now heavily dependent on diaspora remittances for their upkeep as the economy
continues on a nosedive, with the value of the local currency failing to keep
pace with the greenback, a survey by …

THE majority of poverty-stricken Zimbabwean families are now heavily dependent on diaspora remittances for their upkeep as the economy continues on a nosedive, with the value of the local currency failing to keep pace with the greenback, a survey by a global financial services firm, Fitch Solutuions, has revealed. With citizens facing a plethora of challenges, including runaway inflation,