Ismail Ahmed, the Sahimiye Foundation founder, has called on De La Rue, the world’s biggest printer of banknotes, to cancel a contentious $9.6 million contract to print 380 billion SL shillings for the Somaliland government. [c]
A new survey from WorldRemit, a global digital remittances company within the Zepz Group, has found that nearly half of migrants wish that Mother’s Day was celebrated on the same day around the world – [c]
The experience of handling more money can be exciting for migrants who secure promising economic opportunities such as better paying jobs and new business opportunities in their host countries. However, having more money to spend on oneself and loved ones comes with added responsibility. Increased income often results in new obligations such as taxes, insurance, investments, and remittances to family and friends back home. That’s why having a financial plan is important. [c]
By Ivan Kanyali Digital money transfer services are now the preferred remittance channel for millions of Kenyan migrants living and working in the diaspora, thanks to their online nature that allows migrants to send and receive on [c]
By Ivan Kanyali The economic fortunes of Kenyans in the diaspora have significantly improved in recent years, with diaspora remittances or money sent back home by Kenyans living abroad steadily rising to become the country’s [c]
By Ivan Kanyali Access to quality education is a basic human right that holds the key to sustainable development across many developing nations. Sadly, for millions of people around the world, it is inaccessible for [c]
WorldRemit, a digital remittances company, announces the results of its second Cost of Living index, where the organization has sought to understand how the worsening inflation crisis has affected the lives of international money senders around [c]
By Ivan Kanyali Every year, people around the world face the devastating impacts of conflicts, diseases, disasters, and climate change that force them to consider migrating to a new country. According to the United Nations, the [c]
By Ivan Kanyali Personal finance and financial goal setting in Kenya, is a popular topic in December – as many Kenyans begin to reflect on the year that was and create savings goals for the [c]
The latest results from the WorldRemit Cost of Christmas Study show that Kenyan families are expected to spend 17% less on Christmas celebrations this year compared to 2021. The average spending on Christmas is, however, expected to [c]
By Ivan Kanyali In 2021, remittance inflows to Kenya reached an all-time record of $3.71 billion, an increase of more than ten times since 2005. Central Bank of Kenya (CBK) data further shows that in [c]
Kenya’s inflation hit a 63-month high of 9.2% in September, according to monthly inflation data provided by the Kenya National Bureau of Statistics (KNBS). The rising cost of food, fuel and other basic commodities is [c]
Right from birth, kids begin to actively pick up skills and knowledge as they engage with different environments. From the social skills they learn at home to the hygiene skills taught at school, all contribute [c]
The financial sector has in the last decade undergone a full scale digital transformation that has changed how users send and receive money. Sending money across borders is today as simple as sending a text [c]
WorldRemit has released the results of a survey it conducted in July to understand the impact of the global rise in the cost of living on remittances sent back home by migrants living and working [c]
By Sharon Kinyanjui February marks the annual observance of Black History Month in the US and Canada. Black History Month began in the US in the 1970s as a way of remembering important people and [c]
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