Thursday 27 July 2017
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1 months ago

Africa: Africa Most Expensive Place to Send Money - Report

[Monitor] Kampala - Statistics suggest that over a million people in the UK are paying on average £80 (Shs360,000) a year more than they should to send money to friends and family in Africa. On the other hand, sending money to neighbouring Tanzania costs twice as much (14 percent). £334 million (Shs1.5 billion) is sent each year by 151,073 Kenyans living in the UK.

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