By Nontobeko Mtshali They are dollars wrapped with care — money that is homebound to villages and towns across the globe sent by relatives who have migrated in pursuit of greener pastures or refuge. These remittances to developing countries are expected to reach $516 billion dollars next year, an increase from the $404 billion recorded in 2013, according to the IMF. Global remittances to Africa went from $19.5 billion in 2004 and tripled to $63.8 billion in 2014, according to the World Bank. In addition to supporting parents and helping to put siblings through college, remittances play a major role…
