Wednesday, September 26, 2018

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...

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,...

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...

Nigeria’s Akinwumi Adesina Elected as African Development Bank President

Akinwumi Adesina, who served as Nigeria’s agriculture minister in the outgoing government of Jonathan Goodluck, has been elected as the new president of theAfrican...

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...

An integrated Africa will require effective cross-border payment solutions

Over the last five years, Africa’s geographic regions have made integration a priority, and most have recorded successes already—East Africa being the most glaring...

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...

Big Banks Plead Guilty To Market Manipulation, Will Pay $5.8 Billion

The age of multibillion-dollar bank fines with no admission of wrongdoing is over. The Justice Department announced Wednesday morning that five banks pleaded guilty...

Banks Rule the World, but Who Rules the Banks?

These days, it is already a truism that the hegemony of the US is based on the Federal Reserve System’s (FRS) printing press. It...

Migration and Development: The $100 billion idea

Later this year the Financing for Development summit will take place in Addis Ababa. The discussion will focus on the post-2015 agenda and the...

Latest article

video

Somaliland welcomes new friends, long-lost, influential clans

Monday and Tuesday marked new maturity for  Somaliland politics as they marked the arrival of, respectively, a populous Somaliland clan who lived in the Qardho...
video

Can the EU bypass US sanctions on Iran? | Inside Story

When it was signed in 2015, the Iran nuclear agreement was hailed as a landmark deal. But with the US withdrawal earlier this year...

Madhin, a SOMTEL employee senselessly killed in Mogadishu

The latest victim to senseless, wanton killings, some of which are neither politically motivated nor of Al Shabaab nature, was an employee of the...