Sunday, February 18, 2018

Equitel customers hit with high cash transfer fees

Equitel has increased the fees it charges to transfer money from Equity Bank to M-Pesa, denying customers the cheaper services the bank promised earlier. Customers...

Getting Remittances right for Africa’s unbanked – Says Dahabshiil’s CEO

Africa is home to the world’s largest number of unbanked people. Many of them rely on underground financial services. According to some estimates, half of...

US Mayors urge federal action on Somali remittances

Today in San Francisco, the nation’s mayors called on the federal government to find a workable solution that allows Somali families living in the...

Remittances from Europe provide ‘lifeline’ to millions worldwide, says UN agency

According to a report released today by the Rome-based United Nations International Fund for Agricultural Development (IFAD), migrant workers living in Europe last year...

Xpress Money to offer instant money transfer through IMPS

Money transfer company Xpress Money will soon offer instant direct account transfer services through the IMPS (Immediate Payment Service) platform. Currently, the company offers Direct...

Dahabshiil Qatar reaches out to Ethiopian communities

In a well-orchestrated, highly appreciated event, Head of Dahabshiil Money Transfer services in Qatar, Abdi Hassan Jama, on Sunday,  reached to Ethiopian communities in...

Why Somali Grandmas And Aid Workers Might Be Short On Cash

A Somali who's living and working abroad wants to send money to his grandmother in a remote village. A money transfer company gets the...

Regulation is keeping remittances unnecessarily expensive

A tax on the poor: The cost of international transfers  AFTER sweating through a day’s work under the hot Dubai sun, the last thing an...

Bank AlJazira to open 60 world-class ‘Fawri’ money transfer centers

Fawri, a popular remittance wing of the leading bank of Saudi Arabia, Bank AlJazira (BAJ), has announced plans to open 60 model money transfer...

Money Transfer Agents Brace For Possible Fallout From Proposed US Remittance Tax

Money transfer agencies in Jamaica are bracing for a possible fallout if a proposed tax on remittances from the United States takes effect. Acting general...

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Dahabshiil Group CEO calls on Somali Youth Empowerment at 1st Somaliland International Marathon Run

Mr. Abdirashid Mohamed Said Dualeh, CEO of Dahabshiil Group of Companies has called on fellow businessmen, community leaders and members of the general public...

Rebirth of Somaliland: Somalia Annihilation Crimes Against Somaliland Nations

Who were the culprits? Crimes against humanity are deliberate acts taken as part of a systematic campaign that accuses human suffering or death on a...

Ethiopia’s Prime Minister Hailemariam Desalegn submits resignation

Ethiopia’s Prime Minister Hailemariam Desalegn said on Thursday he had submitted his resignation as both premier and the chairman of the ruling coalition. The move...