Tag: Diaspora Remittance

Put Diaspora Remittances To Better Use, State Urged

| May 15, 2017 | 0 Comments
Put Diaspora  Remittances To Better Use, State Urged

The government should develop policies to promote investment products to tap the growing inflows from Kenyans living abroad, analysts said, as official data captured the remittances at Sh44.73 billion in first three months of the year. Fresh data from the Central Bank of Kenya shows the value of diaspora remittances rose by a modest 4.09 […]

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Inflows from Diaspora increase to Kshs 13.7 billion

| October 6, 2015 | 0 Comments
Inflows from Diaspora increase to Kshs 13.7 billion

Kenyans living in the diaspora sent home Ksh 13.7 billion last month as they sought to take advantage of the weak shilling. Latest data from the Central Bank of Kenya shows that diaspora remittances increased by 3.2 per cent to Ksh 13.7 billion compared to Ksh 13.3 billion sent in August last year. According to […]

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Diaspora Kenyans sent home Sh11.4bn in February alone

| April 2, 2015 | 0 Comments
Diaspora Kenyans sent home Sh11.4bn in February alone

NAIROBI, Kenya, Apr 1 – Diaspora remittances to Kenya in February 2015 increased by 11.6 percent to Sh11.4 billion from Sh10.2 billion in February 2014 on account of inflows from North America. According to the latest statistics from the Central Bank of Kenya (CBK) remittance inflows from North America accounted for 49.4 percent of total […]

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Kenya mulls ways of tapping Diaspora remittance

| February 21, 2015 | 0 Comments
Kenya mulls ways of tapping Diaspora remittance

NAIROBI, (Xinhua) — Kenya plans to hold a three-day Diaspora investment conference next month to discuss ways of tapping the lucrative Diaspora remittances which has increased in the recent past, a government official said on Wednesday. Foreign Affairs and International Trade Cabinet Secretary Amina Mohamed said the Kenya Diaspora Easter Investment Conference 2015 which will […]

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Kenyan Banks Cash-In On Growing Diaspora Remittance Business

| June 9, 2014 | 0 Comments
Kenyan Banks Cash-In On Growing Diaspora Remittance Business

An increase in the volume of cash remitted by Kenyans working or living abroad has attracted the attention of local and international banks, telecommunication and money transfer firms; all keen to cash-in on this growing segment of the market. Most of the money sent by about half a million Kenyans living in the Diaspora, according […]

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