Wednesday, June 20, 2018

London Court `Trick or Treat ` for Djibouti`s Abdirahman Boreh

Djibouti`s embattled multimillionaire, Abdourahman Boreh, is set to experience `treat or trick` come February 23, 2015, a day a judge in a London court...

Business Community raises importance of Remittances to Somalis with visiting DFID officials

Visiting DFID officials on Saturday met with members of the local business community among the prominent business people to discuss opportunities on investment and...

Khat traders in Kenya suspend all exports to Somalia

  Kenya has suspended exports of khat to Somalia. Somali Kenyan consumers rely heavily on imports of khat. In Kenya, the price of khat bag rose...

The Ethiopian Banking Boom

The last fiscal year had been one of growth and expansion for Ethiopia’s banking sector, though still dominated by the state owned Commercial Bank...

A clumsy US effort to de-fund terrorists is creating a humanitarian crisis in Somalia

Did the US Treasury Department just give a huge recruiting boost to Somali terrorist organization al-Shabaab? Treasury rules intended to combat money laundering have cut...

Kampala’s thriving trade in Europe’s second-hand clothes

In Uganda, second hand clothes still offer the best bargain. They are often of better quality - coming from Europe, Japan and the US...

AML Regulations: Can Somalia survive without remittances? + Related Video

A 2014 Worldbank blog revisited as the facts have not changed much since it was first published + A Video by Philip Ratha Remittances have...

The careless, astonishing cruelty of Barack Obama’s government

The US, it seems, couldn’t care less if it causes a humanitarian crisis in Somalia, one of the world’s poorest countries Let me introduce you...

France says it did not restrict UK from using HSBC files to pursue bank...

Tory minister and tax office boss told parliament failure to prosecute was due to restrictions imposed by French authorities France has cast doubt on claims...

HSBC’s response: ‘Standards of due diligence were significantly lower than today’

This is an edited extract from a statement issued by HSBC responding to revelations of misconduct at its Swiss bank In the past, the...

Latest article

OUTRAGE AS TANZANIA PASSES LAW THAT COULD IMPRISON BLOGGERS

Bloggers, Internet users, journalists and activists in Tanzania are up in arms following a government directive that could land them in jail. In a...

UAE TO GIVE ETHIOPIA $3 BILLION IN AID AND INVESTMENTS

The United Arab Emirates pledged a total of $3 billion in aid and investments to Ethiopia on Friday, an Ethiopian official said, a major...

Mogadishu Takes Over FISS Airspace Responsibilities of Nairobi TODAY Amid More Disturbing Gaps and...

The Federal Government of Somalia's Ministry of Transportation and its Aviation wing take over full management and responsibility of Somalia/Somaliland airspace management and control...