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Tag: remittances

KENYA DIASPORA NEWS

Kenyan Diaspora Remittances rise 4pc to hit Sh26 billion

Diaspora Messenger -
Kenyan Diaspora Remittances rise 4pc to hit Sh26 billion: The country experienced increased cash inflow from Kenyans living and working overseas after diaspora remittances increased to Sh25.94 billion
KENYA DIASPORA NEWS

Diaspora inflows hit Sh67bn-North America main source for the remittances

Diaspora Messenger -
Kenyans living and working abroad sent home Sh67.16 billion in the first three months of the year, underlining the dependability of the inflows and importance to the economy.
KENYA DIASPORA NEWS

Sh30 billion worth of Diaspora remittances used to support education

Diaspora Messenger -
Sh30 billion worth of Diaspora remittances used to support education: New research from the digital money transfer service WorldRemit shows thousands of Kenyan children are in school, have access to books and educational supplies, and are more likely to study than work due to international remittances.
KENYA DIASPORA NEWS

Kenyan Diaspora Inflows Grow To Record Sh26.8bn In June

Diaspora Messenger -
Diaspora remittances rose 72 per cent in June to a record Sh26.8 billion ($266.2 million) compared to a similar month last year, reflecting lower costs of remitting money and the effect of the tax amnesty for remitting assets stashed abroad.
KENYA DIASPORA NEWS

Kenya shillings Bucks Trend With Gains On The US Dollar

Diaspora Messenger -
Kenya shillings Bucks Trend With Gains On The US Dollar: The Kenya shilling is the only one amongst major frontier and emerging markets currencies that appreciated in the first half of the year, a Citigroup analysis shows.
KENYA DIASPORA NEWS

Diaspora Remittances rise 11.76 per cent despite slowing western economies

Isaac Kariuki -
Diaspora Remittances rise 11.76 per cent despite slowing western economies: Diaspora remittances from Kenyans living abroad have risen 11.76 per cent in the year to October compared to a similar period last year.
FEATURED STORIES

Diaspora Inflows Now a Major Source of Funds, Accounting for 2% of GDP in 2010

Isaac Kariuki -
Diaspora Inflows Now a Major Source of Funds, Accounting for 2% of GDP in 2010: Diaspora remittances to Kenya are poised to be a major contributing sector to the country’s economic development, accounting
FEATURED STORIES

Kenyan Diaspora Remittances Rose To $70.1 Million in April

Isaac Kariuki -
Money sent home from Kenyans living abroad increased 33 percent to $70.1 million in April from the year earlier as the economic recovery continued...
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