Tuesday, June 28, 2022

USA/Somalia – Rising Threat to Remittances

When President Obama addressed the White House Conference on Countering Violent Extremism last week, the media buzz focused on his message that it was...

Ethiopian Airlines to Buy 15 to 20 Boeing 777X Jetliners, CEO Says

Carrier also considered Airbus’s A350-1000 widebody but deemed Boeing plane better suited its operations Ethiopian Airlines plans to place an order for Boeing Co. 777X...

Deficit predicted for global sugar industry

Prices dropped almost 12 per cent last year as the global glut pushed prices to the lowest since 2008. Jonathan Kingsman, Jamal Al Ghurair...

Somalia Renegotiates Mogadishu Port Concession with Turkish Al Bayrak (+Comments)

In 2018, following FGC advice, FGS commenced renegotiation of the Mogadishu port contract which had been signed with a Turkish firm, Al Bayrak, in...

Is Zimbabwe Any Good For Business? 150 Companies Say No

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In 2014, 150 companies in Zimbabwe were placed under curatorship and  leaving nearly 4,000 workers without jobs as the country’s economy suffered from post sanction...

Dahabshiil Rejects Puntland MP’s Allegations

Dahabshiil, the largest money transfer company in Somalia - and Africa, at large - has vehemently denied claims by a member of Puntland parliament named Sadiq Abshir...

Somalia: Al Shabab, ISIL fight over who taxes who

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Al-Shabab and pro-Islamic State militants in Somalia are engaged in an economic war, and it is the country's business sector that is getting cut...

The sad similarity between Sri Lanka, Zambia and now Djibouti that best exemplifies China’s...

One such African country that is exhibiting all the red flag signals of going Sri Lankan and now Zambian way is Djibouti. In recent years,...

Somaliland the Only Loser in the Guelleh Versus Djibouti Charade

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Public opinion in Somaliland is currently preoccupied with the case of Mr. Ahmed Osman Guelleh, a prominent Somaliland-Djibouti tycoon and owner of Somaliland Beverage...

Dahabshiil Funding Helps in Reducing Unemployment in Hargeisa

While unemployment in Somalia has forced many young people to leave the country, Dahabshiil is turning around the lives of many unemployed youth in...