Thursday, May 23, 2019

To Purge Counterfeited Shilling, Somalia seeks Outside Help

Somalia is seeking the services of a Nairobi-based currency expert seconded by the International Monetary Fund (IMF) as it looks to issue a new...

Somalia requests USD 4.7bln external debt cancellation

On the sidelines of the 32nd ordinary summit of the African Union (AU), the government of Somalia has asked the international community to cancel...

Somaliland: Money vs Currency – Hidden Secrets Of Money

Currency vs. Money is the 1st Episode of Mike Maloney’s Hidden Secrets of Money, a series presented by Mike Maloney as he travels the...
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Somaliland: Ex-Finance Minister Challenges the $80-Million Debt PAC Announced, Calling it a ‘fabrication’

On Monday, following a meeting between the Public Accounts Committee (PAC) of the House of Representatives and the Minister of Finance, Dr. Sa'ad Ali...

Kenyan banks lose Ksh.50M daily as hackers wreak havoc

The Directorate of Criminal Investigations (DCI) on Wednesday published posters with the faces and names of 130 suspects wanted for hacking into bank accounts...

Why Immigrants Are Natural Entrepreneurs..Take WorldRemit Founders

Sleepless nights, self-doubt and a steep learning curve — these are all experiences common not only among entrepreneurs starting new ventures but also for...

Dusit terror suspect got Sh9m on M-Pesa

A suspect linked to the Dusit terror attack received Sh9 million from South Africa in three months and sent it to Somalia, the Anti-Terror...

Somalia Amends Constitution To Accommodate Nomination Of Foreign Governor To Central Bank

Somalia stepped onto a new course that many see as 'treacherous' by starting the first of many-to-come initiatives to tailor the Federal Constitution to...

Are Remittances the Silver Bullet to Tackle Vulnerability in Somalia?

Are Remittances the Silver Bullet toTackle Vulnerability in Somalia? Join a riveting conversation with Nasir Majid, Abdirashid Duale, Dr. Idil Osman and Quman Akli Date & Time: Thursday 17th January 2019, 18:30...

East Africa must harness a digital financial services ecosystem

The East African Community ecosystem for digital financial services has shown exponential growth over the years, with active users and active agents increasing 60-fold...

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Somalia: Ex-Minister Elabe Among 9 Killed in Mogadishu Suicide Bomb

Militant group Al Shabab exploded a suicide car bomb and killed at least nine people, including Somalia’s former foreign minister, near the presidential palace...

US Court Jury Finds Somalia’s Colonel Tukeh Guilty as Torturer

A jury has found a northern Virginia man who once served as a colonel in the Somali Army responsible for torturing a man more...

Somaliland Electoral Commission Astounded by Somalia Election Committee’s Territorial Claims

Kaltun Sheikh Hassan of the Somaliland Electoral Commission expressed astonishment on an announcement made earlier in the week by the Somalia elections body that...