Monday, September 26, 2022

Somaliland: Ex-Finance Minister Challenges the $80-Million Debt PAC Announced, Calling it a ‘fabrication’

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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...

Why Immigrants Are Natural Entrepreneurs..Take WorldRemit Founders

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

Roxbury heist target handles cash for African immigrants

The Roxbury money exchange business targeted in Tuesday’s gunpoint robbery of $420,000 in cash has outlets across the country and caters to African immigrants,...

Somalia Awards License to Hormuud EVC-Plus

The Central Bank of Somalia (CBS) said it has awarded the first mobile money license to a telecom company as the Horn of African...

Dahabshiil helps Somalis re-build their communities

Shortly after the April 2 Garissa University College massacre, the authorities suspended the licences of all remittance firms, including my company, Dahabshiil. Dahabshiil is a...

Banks Rule the World, but Who Rules the Banks?

These days, it is already a truism that the hegemony of the US is based on the Federal Reserve System’s (FRS) printing press. It...

African Development Bank Grants Somalia $25 Mln for Better COVID-19 Response

The grant - like many international partners' overtures - dumps the whole sum on Somalia lap which assumes the Republic of Somaliland is excluded The...

Dahabshiil: How micro loans for solar pumps are a macro step forward

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MicroDahab MFI, a microfinance subsidiary of Dahabshiil Group, has announced a collaboration with SolarGen Technologies to create the first ijarah thumma Iqtina (“lease to...

The impact of Diaspora remittance on the Kenyan economy

Kenyans in the Diaspora are constantly sending money home. It could be for investments, or to support to family members left behind. Sometimes it...

eDahab adds Somaliland Shilling to its mobile wallet features

True to the management’s word,  Dahabshiil Group’s eDahab mobile money transfer  wing  added and put to the test additional features permitting the subscriber to...