Thursday, June 4, 2020

Somaliland Central Bank Invites Ethiopian Banks

The Financial and Investment Act has been finalized to open up a space for foreign financial institutions and investors to operate in the de...
Somaliland Cabinet of Ministers - Somtribune

Somaliland Council of Ministers Approve 2020 Budget Forecast

The Republic of Somaliland's cabinet of ministers unanimously approved the 2020 budget forecast the Minister of Finance Development presented to the Council Monday. The Ministry...
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Somaliland Banking and Finance Conference Gets Underway

Major Somaliland banking and other financial institutions got together, today, at Maansoor Hotel Hargeisa for a two-day 'Banking and Finance Conference' that, according to...

Somaliland-Born Entrepreneur Ismail Ahmed Takes On US Remittance Firms Western Union, MoneyGram and Ria

The World Bank puts the market for personal transfers at $689bn in 2018, and about $529bn of that was sent to people in developing...

Kenya: Barclays ATMs Lose KShs11 mln to Robbers

Police are investigating circumstances under which at least Ksh.11 million was stolen from three Barclays Bank ATMs at different locations in Nairobi. According to police,...

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...
video

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...

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Somaliland: Covid19 Update for June 3

The Ministry of Health Development of the Ministry of Health Development of the Republic of Somaliland has, today, Wednesday, made it known that 18...

Somalia: Puntland Rejects Clan-based Election Model

The much-anticipated polls in Somalia suffered yet another blow on Monday, with Puntland President Said Abdullahi Deni rejecting the popular clan-based electoral model, which...

Political, Security Gains In Somalia Could Be Reduced By Virus

Devastating floods, swarms of desert locusts and the continuing widespread impact of the coronavirus have struck residents in Somalia. Devastating floods, swarms of desert locusts...