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BREAKING: Central Bank of Kenya lifts suspension on Dahabshiil Kenya

The Central Bank of Kenya has today lifted the suspension on Dahabshiil Kenya, with immediate effect. We are pleased to announce that our services...

Remittances from Europe provide ‘lifeline’ to millions worldwide: UN agency

According to a report released on Monday by the Rome-based United Nations International Fund for Agricultural Development (IFAD), migrant workers living in Europe last...

Somaliland: Closure of Somali Remittance Firms hurts the Poor

By Hodan Mohamed For more than two decades, on the first week of every month, I would find myself scrambling to send money to relatives...

Report: Money Keeps Moving Toward Somalia, Sometimes In Suitcases

Some financial companies in the U.S. resort to carrying cash on airplanes to keep remittances flowing to needy Somalis. e closing of one of the...

Let us change Hawala to Functioning Banks?

by M. A. Sheikh Abdulahi When Somalia’s last central government collapsed in early 1991, all the government institutions including banks, telecommunications, education, security and many...

Kenya: Somali refugees feel remittance pain after Kenya attack

Hundreds of thousands of Somali refugees are among those hardest hit by Kenya’s closure of remittance firms in the wake of the 2 April...

Somalia: The human cost of ending money transfers to war-torn countries

High school fees, food, housing – Australian Somalis tell of despair that payments to family have stopped with Westpac’s decision to exit industry Each month,...

Kenya: Xukuumadda oo xidhay xawaaladaha Soomaalida

Dawladda Kenya ayaa joojisay xisaabaadka 86 shakhsi iyo koontooyinka 13 xawaaladood, oo looga shakisan yahay inay taageero dhaqaale ku bixinayeen dhaqdhaqaaqyada Al-shabaab ay ka...

Blocked wire transfers may spark crisis in Somalia

Smali-Americans in Minnesota and across the United States are again facing problems sending money to relatives still living in east Africa. Last month, the bank...

Somaliland: Ganacsato ka Hadashay Saamaynta Joojinta Lacagaha Dibadaha laga soo Diro ku Yeelanayso Bulshada Soomaalida

Maamulaha guud ee shirkadda Dahabshiil oo faahfaahin ka bixiyey dadaallo loogu jiro xal-u-helida lacagaha dibadda laga soo diro + ujeeddada shir dhexmaray ganacsatada Saraakiil...

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