Friday, December 14, 2018

Dahabshiil: How micro loans for solar pumps are a macro step forward

MicroDahab MFI, a microfinance subsidiary of Dahabshiil Group, has announced a collaboration with SolarGen Technologies to create the first ijarah thumma Iqtina (“lease to...

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...

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...

Islamic finance prospects in Africa promising

Islamic finance in Africa has been predicted to have a promising future following tremendous growth opportunities for the sector to flourish in Africa. Africa's strong...

How I Saved $36,000 With This Simple Trick

Do this, and you’ll never look at a $5 bill the same again.Pull up a chair and get comfortable because I’m about to tell...

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...

How much does China now have over the yuan?

China devalued its currency on Tuesday, a move that left it with its biggest one day fall in more than 20 years. It fell again...

3 Ways to Turbocharge Your Income

Investment income accounts for as much as three-quarters of their total income. The typical member of the seven-figure club earns a nice paycheck, but it’s...

​Iranian bank joins SWIFT breaking blockade

Iran's Day Bank has announced joining the SWIFT transaction system, which facilitates worldwide bank transfers. The private system cut off Iranian financial institutions in...

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...

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Maka-al-Mukarrama Avenue: The Mogadishu street Al-Shabaab loves bombing

Maka-al-Mukarrama Avenue easily passes for the stretch in Mogadishu that has absorbed the most violence unleashed by the Al-Shabaab jihadists in the past decade. On...

President Kenyatta reiterates pledge on housing, healthcare, food security, manufacture

President Uhuru Kenyatta on Wednesday outlined the progress made so far in his Big Four agenda for economic growth, which he unveiled a year...

Somaliland: The Little Country That Could

Somaliland was an independent state for five days in 1960 before it merged with the former Italian Somalia. Since the Somali Democratic Republic became...