Zimbabwe: Diaspora Remittances Rise to U.S.$635.2 Million

DIASPORA remittances rose to US$635.2 million in the year’s first half, signalling a 7.1% increase compared to the same period last year.

Presenting the Mid-term Budget Review Thursday, Finance Minister Mthuli Ncube said the revenue category performed fairly well.

“Remittances increased by 7,1%, from US$593.2 million in the first quarter of 2024 to US$635.2 million in 2025. The remittances have had a favourable impact on the current account balance.

“To year end, remittances are projected to…