Friday, February 23, 2018

eDahab adds Somaliland Shilling to its mobile wallet features

True to the management’s word,  Dahabshiil Group’s eDahab mobile money transfer  wing  added and put to the test additional features permitting the subscriber to...

Dahabshiil helps Somalis re-build their communities

Shortly after the April 2 Garissa University College massacre, the authorities suspended the licences of all remittance firms, including my company, Dahabshiil. Dahabshiil is a...

Dubai Bank sinks under debt and violating regulator rules

The Central Bank of Kenya has placed Dubai Bank under receivership after the lender failed to repay money borrowed from other financial institutions to...

Moneygram hit with largest fine in Austrac’s history

The Australian Transaction Reports and Analysis Centre has levied its largest ever fine on one of the world's biggest remittance network providers, as a...

Top 20 mPayment Companies in 2015 – Report

Will Apple Pay Disrupt the Regional Leaders in NFC, POS, eCommerce, mBanking, BLE, QR, MST, Mobile Money & mWallet? The latest report from business intelligence...

Mobile Money Vs ATMs, what is the result?

There is a lot of excitement around the use of mobile money these days, so much so that one is almost tempted to ignore...

AfDB votes for president to guide bank through changing climate

Insiders said member states are divided on whether the AfDB should further concentrate its focus on attracting private financing to large-scale infrastructure projects or...

Thirteen Hawalas Closed Down In Kenya

Thirteen hawalas – informal money transfer services – have also been closed down. Hawalas are widely used by Somalis who depend on relatives abroad as...

Bank of China fraud: Italy seeks trial for 300 people

Italian prosecutors want to indict the Bank of China's Milan branch and almost 300 people over a money-laundering scheme.Prosecutors in Florence allege €4.5bn ($5.1bn,...

US: A Moral Case for Putting a Stop to Payday Lending Abuses – Whitehouse...

Summary: Senior members of the Obama Administration meet with religious leaders to discuss the moral obligation for stronger consumer protections. Today, we hosted a remarkable group...

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Ethiopian Prime minister’s resignation part of EPRDF’s ongoing reform to address legitimate public demands...

The Consular-General of the Ethiopian Government to Somaliland, General Berhe Tesfaye released the below-copied statement to the local press Wednesday. It reads: Hargeisa: In the last...

‘Somalia’ Highest Ninth In World Corruption Index 2017 of Transparency International

Somalia ranks highest in the Transparency Corruption Perception Index of 2017 by scoring 9th (#180) - the lowest in the table for the 11th...

University of Hargeisa Goes DotSo of the Somalia Federal Government!

The Republic of Somaliland's state-owned, state-run University of Hargeisa (UOH) goes under the official Somalia Federal Government domain DotSo (.so). Permission for use of FGS...