Monday, August 8, 2022

Giant Chinese Corporation Seals 339m Br Power Contract

Power distribution sub-stations in eight towns are going to be rehabilitated and upgraded with a finance of 339 million Br from the World Bank’s...

London Court `Trick or Treat ` for Djibouti`s Abdirahman Boreh

Djibouti`s embattled multimillionaire, Abdourahman Boreh, is set to experience `treat or trick` come February 23, 2015, a day a judge in a London court...

Business Community raises importance of Remittances to Somalis with visiting DFID officials

Visiting DFID officials on Saturday met with members of the local business community among the prominent business people to discuss opportunities on investment and...

Khat traders in Kenya suspend all exports to Somalia

  Kenya has suspended exports of khat to Somalia. Somali Kenyan consumers rely heavily on imports of khat. In Kenya, the price of khat bag rose...

The Ethiopian Banking Boom

The last fiscal year had been one of growth and expansion for Ethiopia’s banking sector, though still dominated by the state owned Commercial Bank...

A clumsy US effort to de-fund terrorists is creating a humanitarian crisis in Somalia

Did the US Treasury Department just give a huge recruiting boost to Somali terrorist organization al-Shabaab? Treasury rules intended to combat money laundering have cut...

Kampala’s thriving trade in Europe’s second-hand clothes

In Uganda, second hand clothes still offer the best bargain. They are often of better quality - coming from Europe, Japan and the US...

AML Regulations: Can Somalia survive without remittances? + Related Video

A 2014 Worldbank blog revisited as the facts have not changed much since it was first published + A Video by Philip Ratha Remittances have...

The careless, astonishing cruelty of Barack Obama’s government

The US, it seems, couldn’t care less if it causes a humanitarian crisis in Somalia, one of the world’s poorest countries Let me introduce you...

France says it did not restrict UK from using HSBC files to pursue bank...

Tory minister and tax office boss told parliament failure to prosecute was due to restrictions imposed by French authorities France has cast doubt on claims...