Topic
All stories tagged Remittances.
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
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
Kenyan families are facing mounting financial pressure as remittances from abroad drop sharply, driven by conflict in the Middle East and rising living costs in Western countries. The decline is hitting household spendin