Diaspora

  • Local insurance broker, Dovenest, goes big on diaspora market
    •Lack of trust and low public education on insurance products has hindered growth of the sector, according to CEO Kennedy Mong’are. •The broker has partnered with more than 30 insurance firms in the country where there are a total of 56 companies, to drive uptake of insurance products. Dovenest Insurance Brokers Limited CEO, ...
  • Diaspora remittances jump to Ksh 190b in first half of 2021
    Diaspora remittance increased for the six months to June this year to 190 billion shillings defying harsh economic times and Covid-19. Latest data by the Central bank of Kenya shows that remittances from Europe jumped by the highest margins at 41.4 percent followed by North America which increased by 38 percent. This ...
  • Rapid Results Initiative (RRI) For the Issuance of Citizenship and Permanent Residence
    The Ministry of Interior and Coordination of National Government has launched and commenced a Rapid Results Initiative (RRI) to clear the backlog of applications for issuance of Citizenship and Permanent Residence. The programme will end on 31st July, 2021. RRI targets the following groups; Kenyan citizens who hold dual citizenship Kenyans who had ...
  • Why Kenyans in diaspora need to watch out on tax compliance
    The June 30 deadline for filing the 2020 individual income tax returns is quickly beckoning. For the diaspora community, there are certain challenges that they often grapple with including uncertainty on whether they should pay tax in Kenya, the applicable rate and how to mitigate double taxation. This is amplified by ...
  • Truth on Kenyans’ Money Struggles Working Abroad
    Despite remitting at least Ksh300 billion back home in 2020, a good number of Kenyans working abroad are forced to work 2 to 3 jobs just to stay afloat. At the end of May 2021, a Kenyan lady working in the USA – Betty, took it upon herself to share a ...