Zimbabwean Migrants Ease Misery of Relatives Facing Ruin

Updated on
  • Remittances were worth about 13 percent of GDP last year
  • Increased competition makes cash transfers easier, cheaper

When Nyarai Goredema lost her job as a manager with Harare-based Msasa Steel in June, she sold some of her possessions and put her home on the market. When no one offered to buy it, she turned to her son who works at a bank in neighboring South Africa for support.

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