Archive for August, 2011

The average remittance woman

Posted: 31st August 2011 by admin in Remittance methods

I have always wondered about her, highly educated, with a degree or diploma in nursing or education; she is most likely considered part of the middle class in Zimbabwe. She owns a house in the low density suburbs’, an ideal indicator of her success Her 18 year old son flaunts her car around Bulawayo central […]

The flight of skilled labour from Zimbabwe has, as we have discovered been a very complex issue. The emigration of skilled labour from the country has had varied impact on the economy; some positive and some negative. In the spirit of trying to remain positive about our country I thought it necessary to explore some […]

Good news from Zimbabwe!

Posted: 23rd August 2011 by admin in Remittance methods

It has been a while since we heard any positive news about the Zimbabwean economy. Most of the news on the country over the last few years has been shockingly negative and sadly most of it was true. You should understand my excitement after reading a feature article about Zimbabwe online. The headline read something […]

Behind a failing economy…

Posted: 18th August 2011 by admin in Remittance methods

Not too long ago the Zimbabwean economy came to a standstill. Most of the shops in all the cities were close to empty, the industrial sector had literally come to a halt. The most shocking thing about this dark era in the country is that, somehow the people survived. Although the shops were empty people […]

Remittance products

Posted: 15th August 2011 by admin in Remittance methods

If you were to take a superficial glance at the different remittance related issues that we have covered over the past few months, you will probably pick up among other things, one recurring motif that runs through every blog post. That is the importance of remittances. Remittances are critical to the lives of millions of […]

We learnt to pay attention

Posted: 12th August 2011 by admin in Remittance methods

As someone who sends money to Zimbabwe on a regular basis, you are probably now quite familiar with some remittance related jargon that at some point seemed like “jibberish” to you.  You find yourself glued to the screen every evening, keeping track of money markets and foreign exchange rates. More importantly if you are like […]

The Lancaster deal gone bad?

Posted: 9th August 2011 by admin in Remittance methods

It was meant to be “the most successful aid programme”, with the British government providing 44 million pounds to the Zimbabwean government for land resettlement projects. 31 years down the road, it has generated a lot of negative publicity for the country, put the country in the limelight for all the wrong reasons and ultimately […]

Evolving remittance trends

Posted: 4th August 2011 by admin in Remittance methods

Did you know that in many countries around the world, one member of a family lives and works in another country where they can make a larger salary than they could back home? And yet, less than 10% of the world has a bank account. This basically means almost every family, especially in the developing […]

The “rush” back to Zimbabwe

Posted: 3rd August 2011 by admin in Remittance methods

Ok, the “rush” may a bit of exaggeration, but for the first time in years, there is a perceptible movement by skilled workers back to Zimbabwe. Zimbabwean professionals began leaving in the 1990s, but it became an exodus after 2000 when violence flared and the economy tanked. By 2003 half-a-million workers had left, according to […]