Growing remittances emerge as Zimbabwe’s FDI alternative – total $830 million in 1st half of 2016, expected to reach $1,5 billion by year end

By Nigel Gambanga

With dwindling foreign direct investment (FDI inflows fell by 23% between 2014 and 2015 from US$545 million to US$421 million), remittances are now the second largest form of capital inflows for Zimbabwe behind exports, emerging as Zimbabwe’s leading FDI alternative.

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Growing remittances emerge as Zimbabwe’s FDI alternative – total $830 million in 1st half of 2016, expected to reach $1,5 billion by year end

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