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Trump to take Sh17bn from Kenya’s diaspora cash
More than 100,000 Kenyans working and living in the US are the largest source of remittances into Kenya, and accounted for 53.17 percent of $4.945 billion flows in 2024.
US President Donald Trump’s administration has set its sights on taking away five percent of the hundreds of billions of shillings that Kenyans working and living in America send back home annually through a proposed law experts have described as “weird”.
A new draft Bill by Republicans is seeking to slap a five percent excise tax on remittances, or international money transfers, by immigrant workers, including holders of green cards and those with temporary work visas.
