Digital Transfers Safe Bet for Kenya Remittances; Cost at 4pct

About half of the funds remitted by Kenyans in the diaspora are invested in real estate, mortgage payment and to meet family expenses, according to Central Bank’s Diaspora Remittances Survey. The remittance flows to Kenya have increased tenfold in the last 15 years reaching an all-time record of USD 3,718 million in 2021. This is … Continue reading Digital Transfers Safe Bet for Kenya Remittances; Cost at 4pct