Kenya records 18.9% remittance growth in February despite COVID-19

According to the Central Bank, Kenyans working overseas sent home $260.2 million in February 2021, an increase of 18.9 per cent compared to last year. Also, investment firm Centum issued a profit warning citing lower disposal of investments and effects of Covid-19 on the private equity portfolio business. Justin Mwangi, Investment Analyst at Cytonn joins CNBC Africa for more.

Fri, 26 Mar 2021 10:10:39 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.