A new US transfer tax hits Kenya's remittance corridor
A ~1% US excise since January raises the cost of sending home from Kenya's largest source market.
The US supplies ~54% of Kenya’s remittances; a 1% excise now sits on top of operator fees, and the CBK has trimmed its 2026 forecast. The shilling near KES 129.55 protects what arrives. Read full: Kenya brief.