Determinants of migrant remittances: A case of the Ugandan community in Cape Town, South Africa

Abstract

This research aims at assessing the determinants of migrant remittances through a case study of the Ugandan Community in Cape Town. In order to objectively state the determinants of migrant remittances, the study focuses on the socio-economic status of migrants, as well as pure altruism and self-interest migrant remittance theories to provide a background for this study. Policy and documentary analysis was used to complement the qualitative and quantitative research findings derived from interviews and questionnaires with a variety of key stakeholders. These include financial institutions, the Department of Home Affairs and, in particular, the Ugandan community in Cape Town. Based on the research findings the study suggests policy recommendation on what could be done to increase migrant remittances sending, in particular through formal channels