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Somalia: Crossed Wires Starve Somalia of Cash

Antiterror restrictions prevent expats from sending money home. Liban Gaal is one of an estimated 1.5 million Somalis living abroad who are helping the economy back...

Think-tank WEF calls for rethink of anti money-laundering rules

Regulators and central bankers should rethink how rules are applied to stop extremist financing and money laundering, or some emerging market economies risk grinding...

Somalis happy as Dahabshiil branches re-open

Kenya's decision to lift the suspension of Dahabshiil's money transfer service has been hailed in Mogadishu as considerate, given that it serves over 40%...

Kenya oo qaadeysa xayiraadii Xawaaladaha Soomaalida

Madaxweynaha dalka Kenya Uhuru Kenyatta ayaa maanta oo Khamiis ah ka codsadey Bangiga Dhexe ee Kenya in uu sameeyo sharciyo la xiriiraha xawilaada lacagta,...

ICP Asks UN’s Kay of Remittances, Burundi “Peacekeepers,” Somaliland, Dirir

UNITED NATIONS, June 3 — When the UN’s envoy in Somalia Nicholas Kay took questions via Twitter on June 3, Inner City Press asked...

Kenya: Somalia outrage at remittance bans

Somalia's president has lashed out at the government of neighbouring Kenya - accusing it of a "heavy-handed" approach to regional security, and specifically criticizing...

Somali anger at Kenya cash transfer freezes

Residents of Somalia’s capital Mogadishu on Thursday condemned as “collective punishment” Kenya’s shutting down of money transfer services to the country over suspected links...

Kenya: Hay’addaha samafalka Soomaaliya oo walaac muujiyay

Hay'addaha gargaarka ee caalamiga ah ee soomaliya ka howlgala ayaa ka digay in ay joojin doonaan shaqooyinkii ay soomaliya ka hayeen, hadii aysan dawladda...

Kenya: Hawala closure bites Somali businesses in Kenya

The Kenyan government's recent decision to suspend the Hawala informal cash transfer system, which is used mainly by the Somali expatriate community, is already...

Developing Story:Thirteen Somali Remitances Closed Down In Kenya

Thirteen hawalas – informal money transfer services – have also been closed down. Somali remittances are widely used by Somalis who depend on relatives abroad...