×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App
The Standard

Diaspora remittances are a major boost for growth of our economy

By Sylvia Kibaara | 6yrs ago

The diaspora and us: Sh200 billion is just the beginning. Last year, Kenyans abroad sent at least $2 billion (Sh200 billion) back home.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902

Related Topics

Diaspora remittances Kenyans in the diaspora Diaspora
.

Similar Articles

Why local BPO sector stands out among its regional peers
Why local BPO sector stands out among its regional peers
Kenya’s BPO sector has evolved from early infrastructure setbacks into a competitive, tech-driven industry powered by improved connectivity, talent and digital innovation.
Financial Standard
By Macharia Kamau
2 hrs ago
IMF boss warns global system not ready for AI cyber threats
IMF boss warns global system not ready for AI cyber threats
IMF Managing Director Kristalina Georgieva has warned that the global financial system is unprepared for rising AI-driven cyber threats, as concerns grow over risks to financial stability.
Financial Standard
By Brian Ngugi
2 hrs ago
State threatens to revoke licenses of 13,000 Saccos over non-compliance
State threatens to revoke licenses of 13,000 Saccos over non-compliance
The government has given 13,000 cooperatives a 21-day ultimatum to comply with financial accountability or have their licenses revoked in new reforms.
Business
By Benard Lusigi
22 hrs ago
Kenya tightens grip on crypto with Sh500m capital rule
Kenya tightens grip on crypto with Sh500m capital rule
Kenya plans to tighten the regulation of cryptocurrencies by requiring virtual asset service providers to meet high capital and licensing thresholds under the new VASP framework.
Business
By Graham Kajilwa
22 hrs ago
New law aims to protect internal auditors, strengthen public oversight
New law aims to protect internal auditors, strengthen public oversight
Kenya is on track to enact a landmark Internal Auditors Act, designed to shield the profession from litigation, and executive interference, while strengthening public-sector accountability.
Business
By Esther Dianah
1 day ago
Ruto launches Sh5.5 billion plan to revamp Voi-Taveta metre gauge railway
Ruto launches Sh5.5 billion plan to revamp Voi-Taveta metre gauge railway
President William Ruto has launched the rehabilitation of the Voi-Mwatate-Taveta railway line that ceased operations nearly 20 years ago.
Business
By Renson Mnyamwezi
1 day ago
Why underwriting is shifting as risk grows more complex
Why underwriting is shifting as risk grows more complex
The significant shift in underwriting today is the move from a reactive, backward-looking function to a predictive discipline, that anticipates emerging risks and helps businesses build resilience.
Opinion
By George Oginga
1 day ago
World Bank approves Sh71 billion for Isiolo-Mandera road construction
World Bank approves Sh71 billion for Isiolo-Mandera road construction
The World Bank has approved Sh71 billion loan for the development of the Isiolo-Mandera road corridor.
Business
By Esther Nyambura
2 days ago
Banks double lending target to small businesses to hit Sh326b
Banks double lending target to small businesses to hit Sh326b
Kenyan banks doubled new lending to Micro, Small and Medium Enterprises (MSMEs) in 2025, according to new data from the Kenya Bankers Association (KBA).
Business
By James Wanzala
2 days ago
Contradictions in rural economies 13 years into devolved governance
Contradictions in rural economies 13 years into devolved governance
Listening to the tales from the local communities, daily incomes are quite good, but for some reason, the residents remain trapped in poverty through generations.
Opinion
By Patrick Muinde
3 days ago
.

Latest Stories

Why local BPO sector stands out among its regional peers
Why local BPO sector stands out among its regional peers
Financial Standard
By Macharia Kamau
2 hrs ago
IMF boss warns global system not ready for AI cyber threats
Financial Standard
By Brian Ngugi
2 hrs ago
State threatens to revoke licenses of 13,000 Saccos over non-compliance
Business
By Benard Lusigi
22 hrs ago
Kenya tightens grip on crypto with Sh500m capital rule
Business
By Graham Kajilwa
22 hrs ago
.

The Standard Insider

.

Digger Classified

GET OUR NEWSLETTER

Subscribe to our newsletter and stay updated on the latest developments and special offers!

CONNECT WITH US

FOR THE LATEST JOB ADVERTS

join Digger Classifieds telegram channel
The Standard
© 2026. The Standard Group PLC. All rights reserved