Archive for September, 2011

Zimbabwe’s controls on currency

Posted: 29th September 2011 by admin in Remittance methods

One of the challenges that the Zimbabwean economy has constantly had to deal with is availability of foreign currency. With the recent dollarization in the country, it has become more important than ever to attract foreign currency to the country and find ways to ensure that the money remains in the country. Remittance has played […]

How to determine your financial future

Posted: 26th September 2011 by admin in Remittance methods

Usually when you send money to Zimbabwe you have a list of financial goals that you need to 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 […]

Electronic payments

Posted: 20th September 2011 by admin in Remittance methods

The process of sending money to Zimbabwe has become very convenient and faster thanks to new online advancements that transformed the world payments. It is however shocking how many people are ignorant of what an EFT actually is, so I thought it would be suitable to demystify what should be common knowledge to everyone at […]

Maintaining ties- Dual citizenship

Posted: 16th September 2011 by admin in Remittance methods

A couple of weeks back, I gave a somewhat different perspective on the issue brain drain and how it actually has positive effects on the country of origin. All these benefits are only realised if the immigrants to other countries maintain close ties with their country of origin. They basically need to have a reason […]

When sending money to Zimbabwe…

Posted: 14th September 2011 by admin in Remittance methods

Whether you are buying a house back home, sending money for a once off payment, or just sending the usual small amount for your family’s daily sustenance, one of the best decisions you can make when sending money out of the country is to use a remittance company. It will offer you an exchange rate […]

The property market in Zimbabwe

Posted: 12th September 2011 by admin in Remittance methods

We all have a rough idea of how dollarization by the Zimbabwean government has changed the economic situation in Zimbabwe. We have all seen how the perception of the US dollar has evolved in the last two or so years since dollarization. We have seen the amount how the amount we need to send home […]

ZESA hikes electricity prices

Posted: 6th September 2011 by admin in Remittance methods

The electricity situation in Zimbabwe has been very unpredictable with most cities experiencing power cuts several times a week. It is not a secret that the state owned Zimbabwe Electricity Supply Authority (ZESA) has been sunk in huge debt even though it has supplied electricity for decades at sub-economic rates. It therefore comes as no […]

Asking the right questions

Posted: 2nd September 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 this crucial transaction Here are a few crucial questions […]