Tuesday, July 16, 2019

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...

Money transfer firm Dahabshiil not deregistered, Says CBK

The Central Bank of Kenya has dismissed reports circulating in social media that money transfer firm Dahabshiil has been deregistered by the Kenya government. CBK...

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Both Somalia, Somaliland Resort to Unsubstantiated Claims to Mitigate Livestock Export Fiasco

Using young media people, some of whom are suspected of being in its payroll, Somalia is sponsoring lies by the dozen purporting to its...

Great Hope for Reclaiming Sovereignty for the 28-year-old Somaliland Republic

IN SUMMARY We have been functioning as a government for 28 years with a constitution, judiciary, national currency and a flag. We had formed...

Trump’s tweets against liberal congresswomen called racist

Starkly injecting race into his criticism of liberal Democrats, President Donald Trump said four congresswomen of color should go back to the “broken and...