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South African Immigrants' Remittances: Key Insights from the Top 10 Countries
Photo: The Africa Report
2026-07-09 11:14   Economy   13

South African Immigrants' Remittances: Key Insights from the Top 10 Countries

A report by FinMark Trust, supported by the South African Reserve Bank, reveals that nearly four million immigrants from neighboring countries send billions of rands monthly to their home countries.89% of these immigrants are undocumented, highlighting the significant role they play in their home economies.

The report underscores the potential impact of recent anti-immigrant policies and deportations on these communities, as remittances are a crucial source of income for many families.

While the data provides valuable insights into the scale of this phenomenon, it also raises concerns about the challenges faced by undocumented immigrants and the broader implications of immigration policies on both South Africa and their home countries.

Full reading at The Africa Report

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