Money sent home by Kenyans in the diaspora rose by Sh22.6 billion in the year to November, as a new one percent tax on US remittances taking effect in January 2026 casts uncertainty over future inflows from Kenya’s biggest source of foreign transfers.
Kenyans abroad sent $5,047 million (Sh650.2 billion), a 3.6 percent increase from $4,872 million (Sh627.6 billion) sent in the 12 months to November 2024, according to new data from the Central Bank of Kenya (CBK).