Archive for July, 2011

The Looming Ban

Posted: 26th July 2011 by admin in Remittance methods

The last few years have seen Zimbabweans importing so many Japanese cars that the government decided to put a ban on the import of any Japanese cars more than five years old. The argument really is that the country has become a dumping field for unwanted Japanese cars.  The sudden growth in the number of […]

Determine your financial future

Posted: 25th July 2011 by admin in Remittance methods

Usually when you send money to Zimbabwe you have a list of financial goals that you need achieve. These goals probably include paying the rent, putting food on the table, keeping the lights turned on, and other very basic things that most people usually take for granted. Investment very understandably is at the very bottom […]

Zimbabwe’s education system

Posted: 21st July 2011 by admin in Remittance methods

Yesterday I pointed out that the social benefits of free education in developing countries are lost when skilled workers emigrate; but then again in the case of Zimbabwe, we all know that the flight of skilled workers from the country has in so many ways sustained the economy at its very worst. Although most of […]

Brain gain, or drain?

Posted: 20th July 2011 by admin in Remittance methods

I think we have covered-very well, the beneficial impacts of migration and remittances on social welfare: let’s look at the social cost again. There are many Zimbabweans who have migrated and settled in foreign countries in search of greener pastures and promising labour markets. Most of these international migrants where forced out of Zimbabwe by: […]

Exchange rates

Posted: 15th July 2011 by admin in Remittance methods

You probably hear the financial reporter on the nightly news say something like “the dollar fell against the pound today”, but what does that mean? And what effect does that have when you decide to send money to Zimbabwe? I, being the average citizen, am clueless when it comes to matters of money, so I […]

Sending money to Zimbabwe… and more

Posted: 14th July 2011 by admin in Remittance methods

Zimbabwe’s situation is unique in the sense that it is not just money that is required by recipients who to a large extent have become dependent on money sent to them from the Diaspora. They require fuel, food and other facilities which would otherwise be inaccessible to them. Sending money to Zimbabwe has become more […]

Online Money Transfer Basics

Posted: 11th July 2011 by admin in Remittance methods

The main reasons to send money to Zimbabwe via an online money transfer service are undeniable: Online money transfer is fast, convenient and safe. Numerous safety measures are in place to ensure that your money goes exactly where it needs to go. Multiple layers of data encryption are used for online money transfers. That way, […]

Why use a remittance company?

Posted: 8th July 2011 by admin in Remittance methods

Whether you are buying a house back home, sending money to Zimbabwe for a once off payment, or just sending the usual small amount for your family’s daily sustenance, remittance companies offer exchange rates that are better than most banks. They know the currency market and unlike banks they want to get you a good […]

Ask the right questions

Posted: 7th July 2011 by admin in Remittance methods

Sending money to Zimbabwe plays a very central part in the lives of most Zimbabweans in the Diaspora. That money represents livelihoods back home; it represents that fine line between survival and poverty: so naturally one would want to ask all the right questions before making Here are a few crucial questions that will ensure […]

Reverse remittances

Posted: 5th July 2011 by admin in Remittance methods

We always talk about sending money to Zimbabwe, which is very understandable because that is the primary reason why most of us are in the Diaspora anyway. With the Zimbabwean economy beginning to recover, the idea of sending money from Zimbabwe to the UK has become a real possibility and in fact a reality that […]