Cash remittances by Kenyans up 7 per cent Macharia Kamau and Reuters

By: Contributor(s): Publication details: Nairobi The Standard Group Saturday, January 24 2009Description: p. 18 [Business], The Standard, January 24 2009Subject(s): Summary: Despite the global recession, remittances by Kenyans abroad grew 6.6 per cent to Sh.49 billion last year. This was in spite of analysts predicting a drop in the amount remitted to the country due to the financial crisis that hit major world markets.
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Despite the global recession, remittances by Kenyans abroad grew 6.6 per cent to Sh.49 billion last year. This was in spite of analysts predicting a drop in the amount remitted to the country due to the financial crisis that hit major world markets.

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