Verging on one-fourth of the Zimbabwean population -- nearly 3.4 million people -- are living abroad, many of them having fled violent state repression and the nation's deepening economic crisis.
The figures were compiled by a central bank advisory board formed to explore ways of getting "Zimbabweans in the Diaspora" to send hard currency home, board member Erich Bloch said Friday.
Many Zimbabweans support the families they left behind but usually send money through black-market currency dealers who pay out in local currency and keep the hard cash offshore.
Reserve Bank Governor Gideon Gono in December said he was launching a program to try to channel that hard currency through state coffers.
Bloch said the advisory board found there were 1.1 million Zimbabweans working in Britain, the former colonial power.
Of those, some 800,000 were illegal immigrants.
More than 1.2 million were working in neighboring South Africa and at least 100,000 were in Australia.
The rest were in Canada and scattered throughout Europe, the US, southern Africa and other parts of the world.
Bloch, an independent economist and deputy president of the Zimbabwe Institute of Chartered Accountants, heads the drive to persuade Zimbabweans to repatriate their money legally.
He said it was estimated that up to US$400 million could be paid annually into the central bank for onward payment in local currency to families in Zimbabwe.
Zimbabwe, suffering its worst economic crisis since independence in 1980, is facing acute hard currency shortages.
Bloch said a range of incentives for Zimbabweans abroad was being considered.
"The exchange rate will have to be close to what they are getting through other channels. They have to be satisfied there is no risk as there would be in the illegal market and that their families will be very promptly paid," he said.
The US dollar buys about 4,200 Zimbabwe dollars on the black market. The official exchange rate is fixed at 824-1.
Assurances were also needed there would be no double taxation and illegal immigrants would be guaranteed confidentiality.
Provisional results of a national census last year put the country's population at 11.5 million but acknowledged large numbers left the country, many to seek jobs, and others may not have been counted.
Zimbabwe's population is generally accepted to be 12.5 million.
As many as 1 million people may not have been counted in the census after disruptions in the economy and the seizure of white-owned farms forced them to move from their traditional homes.
The official results of the census are to be released later this year.
As well as shortages of hard currency, Zimbabwe is facing acute shortages of food, gasoline, medicine and other essential imports.
School bullies in Singapore are to face caning under new guidelines, but the education minister on Tuesday said it would be meted out only as a last resort with strict safeguards. Human rights groups regularly criticize Singapore for the use of corporal punishment, which remains part of the school and criminal justice systems, but authorities have defended it as a deterrent to crime and serious misconduct. Caning was discussed in the parliament after legislators asked how it would be used in relation to bullying in schools. The debate followed stricter guidelines on serious student misconduct, including bullying, unveiled by the Singaporean Ministry of
As evening falls in Fiji’s capital, a steady stream of people approaches a makeshift clinic that is a first line of defense against one of the world’s fastest-growing HIV epidemics. In the South Pacific nation — a popular tourist destination of just under a million people — more than 2,000 new HIV cases were recorded last year, a 26 percent increase from 2024. The government has declared an HIV outbreak and described it as a national crisis. “It’s spreading like wildfire,” said Siteri Dinawai, 46, who came to be tested. The Moonlight Clinic, a converted minibus parked in a suburban cul-de-sac in Suva, is
A MESSAGE: Japan’s participation in the Balikatan drills is a clear deterrence signal to China not to attack Taiwan while the US is busy in the Middle East, an analyst said The Japan Self-Defense Forces yesterday fired a Type 88 anti-ship missile during a joint maritime exercise with US, Australian and Philippine forces, hitting a decommissioned Philippine Navy ship in waters facing the disputed South China Sea, in drills that underscore Tokyo’s rising willingness to project military power on China’s doorstep. The drill took place as Manila and Tokyo began talks on a potential defense equipment transfer, made possible by Japan’s decision to scrap restrictions on military exports. The discussions include the possible early transfer of Abukuma-class destroyers and TC-90 aircraft to the Philippines, Japanese Minister of Defense Shinjiro Koizumi said. Philippine Secretary of
‘GROSS NEGLIGENCE?’ Despite a spleen typically being significantly smaller than a liver, the surgeon said he believed Bryan’s spleen was ‘double the size of what is normal’ A Florida surgeon who is facing criminal charges after allegedly removing a patient’s liver instead of his spleen has said he is “forever traumatized” by that person’s death. In a deposition from November last year that was recently obtained by NBC, 44-year-old Thomas Shaknovsky described the death of 70-year-old William Bryan as an “incredibly unfortunate event that I regret deeply.” Bryan died after the botched surgery; and last month, a grand jury in Tallahassee indicted Shaknovsky on a charge of manslaughter. “I’m forever traumatized by it and hurt by it,” Shaknovsky added, also saying that wrong-site surgeries can happen “during