Business

Somaliland: Telesom Company and the government row over mobile money restrictions

0 Visits: 484 | Wednesday January 25, 2017 - 20:56:20
Hargeisa- The government arrested the spokesperson of Telesom, a telecommunication company that provides mobile money services, after he criticised a government's decision limiting the amount of money that can be transacted in mobile payments to not less than 100 USD in an attempt to restrict flow…

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Somaliland: the government struggles to solve currency depreciations and inflation as markets close down

0 Visits: 437 | Tuesday January 24, 2017 - 16:48:26
Hargeisa- Depreciation of local currency and inflation forced markets in Hargeia, the capital of Somaliland, and Berbera, the port city, to close down.

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The impact of drought on Somaliland economy

0 Visits: 702 | Saturday December 31, 2016 - 13:56:13
Hargeisa- The Republic of Somaliland is struggling with severe drought. The Government released a drought declaration and appeal for urgent humanitarian relief assistance.

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Somaliland: a fragile economy

0 Visits: 305 | Tuesday December 20, 2016 - 22:28:05
"Shortage of domestic demand is an obstacle to the economic growth of Somaliland," says Abdirisak Abdilahi Adam, the dean of Faculty of Economics and deputy president of Gollis University of Berbera.

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Somaliland Shillings Depreciates

0 Visits: 302 | Monday December 12, 2016 - 12:34:02
Somaliland currency is losing its value, according to money exchanger in Hargeisa.

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