Why Africans are highly taxed for sending money home

The Overseas Development Institute (ODI) hosted a public event on 16 May 2014 about the high cost of sending remittances to Africa. It brought together various speakers from the banking sector, NGOs, politicians and the money transfer market, interestingly, no migrants were on the panel. The central point highlighted the significance of remittances for Africa’s development and particularly how and why sending money to Africa attracts such high charges compared to other parts of the world; some of the key points are as follows: Continue reading “Why Africans are highly taxed for sending money home”

Diaspora as Dilemma; The challenge to form development partnership

In June 2013, the Chairperson of the African Union Commission, Dr. Nkosazana Dlamini Zuma, delivered a lecture [1] in London hosted by the Royal African Society. I noted with interest that within the first seven minutes of her 50-minute speech, Continue reading “Diaspora as Dilemma; The challenge to form development partnership”