Economics

UK Tops No.1 Remittance Source Into Zimbabwe Ahead of South Africa

Regular economic crises in Zimbabwe have fueled emigration.

Photographer: Dan Kitwood/Getty Images

The UK is expected to be the largest source of remittances to Zimbabwe this year, overtaking South Africa for the first time, according to Finance Minister Mthuli Ncube.

Official data shows four out of five Zimbabweans who live abroad are based in neighboring South Africa, traditionally the origin of the bulk of money expatriates send home.