Dahabshiil GCEO calls assistance for businesses razed down by Fire

Date:

Property worth millions of dollars went up in smoke on Friday night in the fire whose cause if yet to be established.

In Summary

•In March of the previous year, a fire engulfed one of Jigjiga’s largest markets, destroying shops that sold second-hand clothes and the vegetable market.

•The Dahabshiil CEO announced the company had donated 20 million birr to businesses affected by the fire.

Dahabshiil Group is calling on the business community in the Horn of Africa region and the international community to come together and help small businesspeople who lost their properties in the fire at Jigjiga New Taiwan open air Market on the weekend.

Dahabshiil Group Chief Executive Officer Abdirashid Duale said the fire has affected the livelihoods of many small scale business people whose income depended on their businesses at the market.

Property worth millions of dollars went up in smoke on Friday night in the fire whose cause if yet to be established.

Duale, who visited the site of the fire, said those who lost their property were small businessmen and women who play a major role in the economic growth of Jigjiga, the capital of the Somali regional state in Ethiopia.

The fire also signals a devastating and negative effect on the consumers who were already dealing with humanitarian crises including drought, food security, and rising cost of living.

The Dahabshiil CEO announced the company had donated 20 million birr to businesses affected by the fire.

“We urge well-wishers in the region and globally as well as the diaspora to contribute through the Emergency Committee,” Duale said as he announced Dahabshiil, through its money transfer company and Bank will waive commission for all donations to the committee.

Duale further emphasized the importance of fire preparedness and urged both the private and public sectors to contribute to increasing capacity in fire preparedness in the Horn of Africa, a region that has witnessed increased fires on its open-air markets recently.

It is anticipated that fire incidents will increase with climate change being witnessed across the globe.

Firefighters and army extinguished the fire that ripped through the open-air market.

Aerial photographs reveal the severity of the blaze. The police have initiated an investigation into the cause of the fire.

A delegation led by regional president Mustafa Omer, accompanied by federal and regional officials, arrived at the site to assess the extent of the damages.

No reports of fatalities or serious injuries resulted from the fire.

In March of the previous year, a fire engulfed one of Jigjiga’s largest markets, destroying shops that sold second-hand clothes and the vegetable market.

Traders suspected that the fire from the previous year was caused by a malfunctioning tank belonging to the market’s electricity companies, although the official cause has not been confirmed.

The effects of fire on any market in the Horn of Africa extend across the regions as the people are interconnected and trade with each other.

Wargane News
Wargane News
Delivers latest somali breaking news and information on the latest top stories, weather, business, entertainment, politics, and more.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Share post:

Subscribe

Popular

More like this
Related

Ethiopia: We are in full readiness to prevent any violence that may burn in our country, says Field Marshal Birhanu Jula

Filed Marshal Birhanu Jula underscored the fact that Ethiopian...

Ethiopian Premier Abbiy Ahmed maintains MoU with Somaliland will ultimately treatise

The Prime Minister of Ethiopia Abiy Ahmed Ali is...

President highlights Egyptian greed and hostility towards Somaliland

Somalia’s wish to capture Somaliland by force using Egyptian...

Abdirashid Dahabshiil hired me as I went about my duties of service to the community

Work and education were the two that I worked...