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BusinessSenate passes Telecommunications Bill ending 10 year deadlock
Senate Speaker Abdullahi Hashi chairing today’s session. Photo: Goobjoog News|August 21, 2017 The Senate has today passed the telecommunications bill paving way for presidential assent after the Lower House gave it a nod last week...
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BusinessUAE hosts a special capacity building programme for Somalia and Yemen on banking and artisanal fisheries
ABU DHABI, – The United Arab Emirates (UAE) hosted a special capacity building training programme for Somalia and Yemen on banking and artisanal fisheries. The two-day workshop, organised by the Ministry of Foreign Affairs and...
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BusinessSomali government eyes $100m annually from telcos with new law
A section of service hall of Hormuud Telcom in Mogadishu. Photo: courtesy Telecommunication companies will now come under a unified regulatory framework thanks to the endorsement of the Telecommunications law by Parliament which among others...
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BusinessBanadir administration unveils public financial reform to bolster service delivery
Banadir Governor Mohamed Thabit (L) speaking during launch of the PFM program in Mogadishu August 9, 2017. (R) is Deputy PM Mahdi Mohamed Guled. Photo: courtesy Public resource management and accountability in Banadir Regional Administration...
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BusinessKhat traders in Mogadishu express fears of trade halt as Kenya heads for polls
Khat traders in Mogadishu have expressed concerns over possible disruption of their business as Kenya which is the main source of the product heads to the polls Tuesday. The traders said they feared the elections...
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BusinessOutdated laws and weak tax regime an impediment to domestic revenue mobilisation-World Bank
Customers queue for electronic money services at the domestic arrivals section in Aden Adde Airport Mogadishu. File Photo: Goobjoog News An outdated legal framework coupled with almost nonexistent administration remains a major impediment to domestic...
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BusinessParliament approves 2017 budget, revises upwards by $14m
Photo: Goobjoog News Parliament Sunday approved the revised 2017 national budget with an increase of $14 million to the recently revised budget giving the Finance Minister authority to spend $260 million up from $246 million....
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BusinessKenyans flee Nairobi in fear of poll violence
Nairobi, Kenya At the Machakos bus station in Nairobi, hundreds of people are bumping into each other, tickets held firmly on one hand, the other clutching heavy luggage. One might think it a common scene...
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BusinessQatar: Expatriates laud permanent residency law as wise and landmark decision
The new law on a permanent residency identification card for non-Qataris has been welcomed by the expatriates who term the step a ‘landmark decision’. According to the provisions of the draft law approved by the...
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BusinessTurkey, Qatar, Iran to discuss land trade routes
Ankara, Doha and Tehran want to discuss land trade routes on the sidelines of the oath-taking ceremony of Iran’s president-elect Hassan Rouhani on Saturday, Turkish Economy Minister Nihat Zeybekci said Friday. “We’re thinking about alternatives...