Thursday, October 6, 2022

Turkish central bank to remunerate dollar reserves

The implementation will start as of May 5th Turkey’s Central Bank announced on Saturday that it will remunerate dollar-denominated required reserves, reserve options and free...

Banking Africa’s Unbanked – Time For A Reality Check

Plenty of progress has been made on increasing the size of Africa’s banked population. The trouble is, from the amount of noise that is...

How much does China now have over the yuan?

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China devalued its currency on Tuesday, a move that left it with its biggest one day fall in more than 20 years. It fell again...

An integrated Africa will require effective cross-border payment solutions

Over the last five years, Africa’s geographic regions have made integration a priority, and most have recorded successes already—East Africa being the most glaring...

Somaliland’s world-leading move towards a cashless culture

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A breakaway region in the Horn of Africa isn’t the obvious setting for a technological revolution Abdul Rashid has sold sweet Somali tea on the...

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...

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,...

Somaliland: Money vs Currency – Hidden Secrets Of Money

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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...

COVID-19 Catapults Somaliland Remittance from the Traditional to Digital Platforms

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COVID-19 has transformed Somaliland’s remittance lifeline. Remittances were projected to crash at the start of the pandemic, but in Somaliland COVID-19 created an opportunity...

Yours truly, Dahabshiil!

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There are periods in time that all the delight is yours. This does not come by accident, though. Such delights are the creation of...