Monday, January 20, 2020

Somalia Government denies claims made in the Indian Ocean Newsletter, upholds Dahabshiil integrity –...

The Federal Government of Somalia (FGS) denies claims made in the Indian Ocean Newsletter issue 1455 (dated 21 July 2017) and published by www.africaintelligence.com. 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,...

Kenya: Dahabshiil Calls for More Aid for Starving Somalis

A leading money transfer firm has rallied corporates, individuals and governments to join hands and support thousands of Somalis hit by prolonged drought. While it...

For Western Union, Refugees and Immigrants Are the Ultimate Market

“One million Syrian customers,” CEO Hikmet Ersek says. “Do you think they will ever forget Western Union?” Early in the summer of 2014, executives at Western...
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Somaliland: Dahabshiil Donates towards Developmental Projects in Gabiley Region

Dahabshiil group of companies this week made cash donations towards several ongoing developmental projects in Gabiley region. Mr. Mahmoud Haji Osman Abdillahi and Mr. Farhan...

Money Transfer Agents Brace For Possible Fallout From Proposed US Remittance Tax

Money transfer agencies in Jamaica are bracing for a possible fallout if a proposed tax on remittances from the United States takes effect. Acting general...

UAE expats to pay more for sending money home

Remittance fee has been increased to "cope with rising cost" of doing business. A few leading money exchange houses in the UAE have increased remittance...

Dahabshiil CEO calls on Somalis to accelerate drought response, waives commission on remittances

Abdirashid Duale, CEO of Dahabshiil Group, announced that Dahabshiil Money Transfer (DMT) and all its affiliates and associate companies all over the world will...

Diaspora Remittances: Changing the Lives of Women in Abudwaaq, Somalia

Diaspora remittances are a lifeline for many in Somalia. In 2015 it was estimated that a total of USD 1.4 billion was sent back...

Mixed Views as Zimbabwe Diaspora Remittances Down 15%

Zimbabweans in and out of the diaspora have mixed views on why remittances sent to Zimbabwe from various nations, through formal channels like banks...

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More Soldiers, Civilian Officials Abandon Puntland Responsibilities to Re-align with Somaliland

Thirty police officers of Boocame district, Sool, who had, hitherto, been loyal to the Somalia Federal state of Puntland laid aside their allegiance to...

Somalia PM Pauses Implementation of $112-Million WB Project

Somalia Prime Minister Hassan Khaire Saturday suspended a World Bank-funded development deal signed between Finance Minister Abdirahman Beyle and representatives of three regional states...

Can Ethiopia Hold a Credible, Free, Fair Election in 2020?

PM Abiy Ahmed, upon coming to power in April 2018, promised to hold democratic, credible polls with a clear timeline The much-anticipated announcement of voting...