This week we share a panel discussion with some of Zimbabwe’s top private sector firms which are namely Stanbic Bank, Beta Bricks, Mukuru and Nyaradzo Group. We discuss how they intend to harness the Zimbabwean Diaspora markets.
Diaspora remittances to Zimbabwe surged from $1 billion in 2020 to $1.4 billion last year. This mirrors the continent-wide significance of contributions by diaspora Africans to national development and sustaining family and friends back home. World Bank data shows that remittance inflows to sub-Saharan Africa grew in 2021 by 6.2% to $45 billion against a projected 5.5% this year due to economic recovery in US and Europe.
We sit down with a panel that intends to harness this investment for Zimbabwe and beyond. Have a listen and remember to like and share!
Panelist: Mukuru (UK Head of Sales) Mr V Moyo, Stanbic Bank: (Head Consumer and High Net Worth Clients at Stanbic Bank Zimbabwe) Mr Nelson Muhau, Beta Bricks (Group CEO) Godfrey T Manhambara and Nyaradzo UK (CEO)Lordwick Mushawa