South Africa
Today
Nigeria orders remittance payouts in naira only
*The Central Bank of Nigeria's May 1 directive ends USD-cash payout at the counter. Recipient households now absorb the bureau-de-change spread on every transfer.*
Kenya's remittance corridor squeezed from two directions at once
*The U.S. cash-remittance tax and tightening Saudi labour conditions are pressing the two largest Kenya inbound corridors at the same time. The dollar value of remittances may hold while purchasing power drops.*
Ghana repatriates ~300 nationals as Operation Dudula intensifies
*Accra is bringing home roughly 300 nationals from South Africa as anti-foreign-national pressure escalates. The flow underscores how intra-African migration remains a diaspora pressure point distinct from the trans-Atlantic story.*
Archive
- AfDB warns Middle East conflict is dragging on Africa's 2026 growth May 27, 2026
- Ebola count tops 1,000 suspected cases as Italy reports two travel-linked patients May 27, 2026
- Caribbean steps up coordinated Ebola monitoring as Bahamas isolates two travelers; CARICOM tightens regional response May 26, 2026
- Ghana migration framework: status update as the Bridgetown climate-finance week opens parallel signal May 26, 2026
- This week's FX, the corridors that matter May 26, 2026
- U.S. CDC implements enhanced Ebola screening at Houston IAH effective tonight May 26, 2026
- Angola passes Kenya. Egypt passes Nigeria. The African economic rankings are shifting under the diaspora's feet. May 24, 2026
- Egypt overtaking Nigeria changes the remittance map. Here is what that means for senders. May 24, 2026
- South Africa is suddenly drawing tourists from Kenya, Nigeria, Ghana, Zimbabwe, and Mozambique. The regional economy is rerouting. May 24, 2026
- This week's FX, the corridors that matter May 24, 2026