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Business Daily Africa - the international window into East African business opportunities - Kenyans abroad ride to the rescue of shilling
This article related to: investment, East Africa, IPO, Internet, remittances, industry, Kenya, financial news, tourism, real estate, infrastructure, Nairobi, business news, vegetables, flowers, transport, Africa, horticulture, consumers, financial services, stock exchange, stock brokers
August 7, 2008: Kenyans living abroad sent back home Sh22 billion in the first half of 2008, as remittances from the diaspora blunted the effects of falling foreign exchange inflows from tourism and horticulture exports. Central Bank of Kenya data shows that inflows from Kenyans living ...