Business

2018 African Economic Outlook: African Development Bank makes a compelling case for Africa's industrialization

0 Visits: 98 | Saturday January 20, 2018 - 14:32:37
The Bank would organise the Africa Investment Forum on November 7-8, 2018 in Johannesburg, South Africa, to mobilise funds for infrastructure development, to bridge an estimated funding gap of $130-$170 billion a year ABIDJAN, Ivory Coast, -- The President of the African Development Bank (www.AfDB.org),…

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Somalia and Turkey Sign Trade Pact and Form Joint Economic Commission

0 Visits: 323 | Monday January 15, 2018 - 21:47:19
MOGADISHU, January 15 , 2018---The Federal Government of Somalia and Turkey signed a number of trade agreements that will further cement the already thriving economic cooperation between the two countries.

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Somalia President Cuts ribbon of Renovated Garowe Airport in Puntland

0 Visits: 332 | Monday January 08, 2018 - 19:31:46
GAROWE (Horn Observer) Somalia President Mohamed Abdullahi Farmaajo who has been on official visit to the federal state of Puntland has on Monday cut the ribbon the newly completed Garowe Airport, officials said.

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Somalia's budget meets IMF terms, official says

0 Visits: 338 | Saturday December 16, 2017 - 16:14:25
NAIROBI (Reuters) - The budget approved by Somalia's parliament this week is in line with fiscal reforms the government committed to when it entered an International Monetary Fund programme in May, an IMF official told Reuters.

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Somalia Post & Telecom Minister closes second conference of Somali Network Operators Group

0 Visits: 779 | Friday November 24, 2017 - 20:52:40
(Mogadishu, 24 November 2017) The Minister for Posts, Telecom and Technology, H. E. Abdi Ashur Hasan, has officially closed the second annual conference of Somali Network Operators Group (SOMNOG), held at Jazeera Hotel in Mogadishu.

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Somalia: Puntland Seizes Outdated Forage at the Port of Bosaso

0 Visits: 616 | Saturday October 14, 2017 - 21:06:06
Bosaso (Horn Observer) The office of Food Quality Control in Bosaso found out outdated forage unloaded from a boat at the port of Bosaso this week officials said.

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Somalia: Puntland Forces Seize a boat Carrying Illegal arms

0 Visits: 910 | Sunday September 24, 2017 - 01:02:19
BOSASO, (Horn Observer) Puntland Maritime security on Saturday seized a boat carrying illegal fire arms at areas close to Bosaso, Puntland's Bari region, officials said.

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Somalia: First Night Flight Carrying Pilgrims Lands at Mogadishu Airport in 27 years

0 Visits: 1095 | Sunday September 24, 2017 - 00:23:46
MOGADISHU (Horn Observer) A passenger aircraft carrying 200 passengers, pilgrims landed at Adan Adde Interntional airport on Saturday night, marking the first passenger flight in 27 years.

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Kenyan Army Sets fire on Local Telecom Company offices in Southern Somalia

0 Visits: 763 | Monday September 18, 2017 - 22:33:26
BARDHERA (Horn Observer) Heavily armed Kenyan military set fire on local telecom company base in Somalia's Gedo region, local media reports.

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Somaliland: Flydubai bares flight from Somali Mother with a Baby Over seat Dispute

0 Visits: 791 | Saturday August 26, 2017 - 11:10:18
HARGEISA, Somaliland (Horn Observer) A Somali mother with a baby was bared Dubia bound flight on Friday at the Egal International airport in Hargeisa, resulting a Somaliland minister on the flight to protest the unprofessional conduct of the crew and cancel his flight with FLYDUBAI, officials and local…

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Somalia: Senate Passes National Communication Act, Somali Ministry of Posts to Open office in Djibouti

0 Visits: 1107 | Monday August 21, 2017 - 20:50:08
MOGADISHU, Somalia (Horn Observer) The Upper House of Somalia's parliament has on Monday passed the National Communications Act, highlighting the first act that is approved by this new House to Somalia's legislative system, amid the Ministry opened a post office in Djibouti, following bilateral…

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Suspected Gangs Kill Somali Businessman in South Africa

0 Visits: 728 | Wednesday August 16, 2017 - 07:19:06
JOHANNESBURG, South Africa (Horn Observer) A Somali businessman, who was burned alive by South African gangs, died after sustaining serious injuries, in Durban of KwaZulu-Natal province in South Africa, witnesses said.

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Somalia: Parliament Passes Communication Act aiming to Regulate the Telecom Industry and Contain Cyber Crimes

0 Visits: 797 | Wednesday August 09, 2017 - 20:57:49
MOGADISHU (Horn Observer) The Federal parliament of Somalia passed the communication Act on Wednesday in a majority vote, a bill that seeks to streamline the country's telecommunication sector and tackle the growing cyber crimes in the country. officials said.

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Several Somalis Killed in South Africa, Shops set on Fire

0 Visits: 652 | Thursday August 03, 2017 - 22:19:43
Cape Town, South Africa (Horn Observer) Several Somalis were killed in Limbobo area in South Africa this week and several shops were set on fire, witnesses said, heightening the growing concern of the lack of protection of the Somalis living in South Africa.

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Somalia: Aftermath of the Fiber-cut and Internet Outage

0 Visits: 647 | Thursday August 03, 2017 - 10:18:59
MOGADISHU (Press release) The Minister of Post, Telecommunication and Technology (MPTT) hosted a consultation meeting in Mogadishu to discuss the impact of the recent fiber-cut that cut off Internet access to South and Central Somalia. The purpose of the meeting was to discuss the impact of the outage,…

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Somalia: Violent Protests In Bosaso lead Maritime Security and the Police to Turn Each other, Several Wounded

0 Visits: 662 | Wednesday August 02, 2017 - 22:36:55
BOSASO (Horn Observer) Puntland Maritime security forces clash with the police on Wednesday at the Laanta Hawada village in the port town of Boosaaso, witnesses said, among the wounded is the Port security chief, meanwhile violent protestors continue in the town over the dismissal of the Somali shillings…

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Central Bank of Somalia Plans to Print New Notes, to Prevent Fake Somali Shillings Damaging the Economy

0 Visits: 381 | Friday July 28, 2017 - 19:36:41
MOGADISHU, (Horn Observer) The head Central Bank of Somalia, Bashir Isse Ali said that the bank is conducting plans to print new Somali notes to prevent the fake money floating in the markets of the country.

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Somalia: Radio Station Interacts with Audience to better serve the Public

0 Visits: 414 | Monday July 24, 2017 - 19:51:16
MOGADISHU - Somalia's Danan-FM- Radio become one of the leading radio stations whose audience use the SMS messaging service provided by Hormuud telecom, Somalia's Danan radio reported

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Access Roads of the Besieged Southern Somalia Town of Hudur is cleared in a Joint Operation

0 Visits: 438 | Sunday July 23, 2017 - 21:00:30
HUDUR, Somalia (Horn Observer) The Somali National Army and special forces for the South Western State of Somalia have jointly succeeded in opening the access routes of the Southern Somalia town of Hudur of Bakool region, officials said.

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Somalia: People in Galkacyo Turn Down Somali Shillings, Use Foreign Currency Instead

0 Visits: 515 | Thursday July 20, 2017 - 18:33:42
GALKACYO, Somalia July 20 (Horn Observer) The traders here in Galkacyo started to reject the use of the Somali Shilling note, the second major town to turn down the Somali currency in a matter of weeks.

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