Tag: Money Remittance
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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...
