UK Overtakes SA as Top Remittance Source

Zimbabwe's diaspora remittances surged to $2.45 billion in 2025, with the UK overtaking South Africa as the top source, accounting for $709.6 million. This 14% year-on-year increase injects vital foreign currency into households and an economy where remittances now support over 8% of GDP, but it underscores deepening dependence on external earnings amid ongoing local currency instability.