'Super tax' on remittances to Africa hurts development -thinktank

By Katie Nguyen | Wed, 16 Apr 2014 11:22 AM
hum-aid cor-gov

(Updates with comments from Western Union)

LONDON (Thomson Reuters Foundation) - Africans face the highest remittance fees globally, regularly paying a "super tax" to send money home at a cost that hurts families and holds back development in the world's poorest continent, a leading thinktank said on Wednesday.

The London-based Overseas Development Institute (ODI) said that reducing remittance ...

Read full content
Related content
Tweet Like Google+ email