-
BusinessEU unveils €200m for Somalia as international partners upbeat on recovery
President Mohamed Farmaajo (L), EU Commission Vice President Federica Mogherini and Swedish Foreign Minister Margot Wallström during a joint media conference at the end of the Somali Partnership Forum in Brussels July 17, 2018. Photo:...
-
BusinessSomali and Kenyan bank associations share experiences on financial sector development
Kenya Bankers Association CEO Habil Olaka (c), Somali Bankers Association CEO Guled Mohamed (immediate right) and SBA Chairman Abdirizak Ahmed (immediate left) among members of the two associations pose for a photo during a bench...
-
BusinessKenyan authorities cracks down on “poisonous” sugar
Authorities said the sugar, imported from Brazil is adulterated with chemicals such as mercury. Photo: Capital FM By Fauxile Kibet NAIROBI: Kenyan authorities have started a countrywide crackdown to seize imported sugar suspected to contain...
-
BusinessEAC ministers to table national budgets today
FILE: Kenya’s Finance Cabinet Secretary Henry Rotich to present a $30 billion national budget Thursday. Photo: The Star By Fauxile Kibet NAIROBI: Four East African countries will table their national budgets today with Kenya seeking...
-
BusinessFish prices shot up in Kismayu as heavy waves bar deep sea fishing
FILE Fish prices in Kismayo have shot up in the last few weeks owing to reduced supplies and high demand witnessed during the month of Ramadan. Fishermen in Kismayo told Goobjoog News the heavy waves...
-
BusinessKenya flags off first consignment of crude oil
President Uhuru Kenyatta (C) and Deputy President William Ruto (L) witness the pumping of the first oil flow from Turkana oil field in north western Kenya June 3, 2018. Photo: courtesy By FAUXILE KIBET Kenya...
-
BusinessIGAD countries to open borders for livestock
Somalia alone has an estimated 53 million stock of animals and out of this, 7.1 million are camels, the highest than any other country in the world. FILE Photo: Goobjoog News By FAUXILE KIBET Pastoralists...
-
BusinessSomalia close to joining COMESA as ministers adopt Ascension pact
FILE The eastern and southern Africa trade bloc COMESA Friday moved closer to accepting Somalia’s entry into the 20 member bloc. Justice Ministers and Attorneys General adopted the Agreement for Accession of Somalia to the...
-
BusinessIMF okays Somalia to source $41m to issue new currency
A total of 752.5 million new bank notes will be printed in phase one corresponding to 1,750 billion Somali shilling notes to be exchanged. FILE: Somalia will need $41m to replace existing counterfeit notes. Photo:...
-
BusinessEthiopian coffee facing serious threat from khat
FILE: AFP PHOTO/SIMON MAINA (Photo credit should read SIMON MAINA/AFP/Getty Images) By Reuters For generations, farmers planted the lush earth of Awedai and nearby areas in eastern Ethiopia with coffee trees, earning a livelihood from a...