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Kenya's Diaspora Remittances Hit Record KSh 58 Billion in March Despite Gulf Headwinds

Kenyan diaspora sent home a record KSh 58.12 billion in March 2026, even as Saudi Arabia's new 15% VAT on money transfers and work permit reforms disrupted flows from the Gulf. The Central Bank has cut its 2026 forecast

20 minutes ago2 min read0 views

Business

Kenya Diaspora Remittances Fall 5.9% in April After Record March Peak

Kenya's diaspora remittances dropped to USD 397.78 million (KSh 51.39 billion) in April 2026, falling 5.9% year-on-year and retreating 11.7% from the all-time high of USD 450.29 million set in March. The pullback was bro

20 minutes ago4 min read0 views