Monday, June 1, 2020

Somaliland Central Bank Invites Ethiopian Banks

The Financial and Investment Act has been finalized to open up a space for foreign financial institutions and investors to operate in the de...
Somaliland Cabinet of Ministers - Somtribune

Somaliland Council of Ministers Approve 2020 Budget Forecast

The Republic of Somaliland's cabinet of ministers unanimously approved the 2020 budget forecast the Minister of Finance Development presented to the Council Monday. The Ministry...
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Somaliland Banking and Finance Conference Gets Underway

Major Somaliland banking and other financial institutions got together, today, at Maansoor Hotel Hargeisa for a two-day 'Banking and Finance Conference' that, according to...

Somaliland-Born Entrepreneur Ismail Ahmed Takes On US Remittance Firms Western Union, MoneyGram and Ria

The World Bank puts the market for personal transfers at $689bn in 2018, and about $529bn of that was sent to people in developing...

Kenya: Barclays ATMs Lose KShs11 mln to Robbers

Police are investigating circumstances under which at least Ksh.11 million was stolen from three Barclays Bank ATMs at different locations in Nairobi. According to police,...

To Purge Counterfeited Shilling, Somalia seeks Outside Help

Somalia is seeking the services of a Nairobi-based currency expert seconded by the International Monetary Fund (IMF) as it looks to issue a new...
video

Somaliland: Ex-Finance Minister Challenges the $80-Million Debt PAC Announced, Calling it a ‘fabrication’

On Monday, following a meeting between the Public Accounts Committee (PAC) of the House of Representatives and the Minister of Finance, Dr. Sa'ad Ali...

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Somalia NGO Consortium Strongly Condemns Killing Of Galooley Health Workers

PRESS STATEMENT The Somalia NGO Consortium condemns in the strongest terms the repugnant attack on civilian health workers in Somalia this week. Their abduction and...

Over 90,000 Mosques Re-open In Saudi Arabia

Mask-clad worshippers flocked to Saudi mosques that reopened nationwide Sunday – except in the holy city of Mecca – over two months after congregational...

Is Ethiopia Sliding Back Into the Dark Days?

The change in leadership in Ethiopia in 2018 heralded a new era that earned Prime Minister Abiy Ahmed a Nobel Peace prize in 2019...