‘Super tax’ on remittances to Africa hurts development -thinktank
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 charges to global…
