Surge in Diaspora Remittance 2024
Pithon Kamau2024-06-05T05:51:00+00:00The first four months of 2024 has seen an 18.8% jump in remittances from the same period in 2023 representing a sh. 77 billion increase according to the Central Bank of Kenya (CBK). The data highlights that more than half of the remittance amounts were channeled towards investments such as real estate and mortgage payments