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Business
Paris Club writes off Somalia’s $1.4b debt
By T. Roble The Paris Club creditors which control 53% of Somalia’s external debt have agreed to cancel $1.4 billion…
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Business
Aid cargo, essential supplies not affected by flights ban- SCAA
The ban on local and international flights will not affect the cargo transport and humanitarian supplies, the Civil Aviation Authority…
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Business
#COVID19: Puntland closes border with Somaliland, bans exports-imports
Puntland has closed its borders with Somaliland and banned trade with the neighboring break-away region in the wake of the…
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Business
Somalia debt free by 2023 as country reaches key relief milestone
By T. Roble Somalia will see its debt burden officially lifted from her shoulders in 2023, the IMF has said…
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UN, IMF hail Somalia’s debt relief breakthrough
The UN and International Monetary Fund (IMF) have praised Somalia’s achievement of reaching the Decision Point milestone under the debt relief initiative. Speaking…
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Business
EXPLAINER: Somalia reaches the Decision Point, what does it mean?
By T. Roble Somalia has reached the Decision Point under a World Bank/IMF debt relief scheme enabling the Horn of…
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Business
Chinese embassy in Somalia fights back over corona origins as US, China trade barbs
By T. Roble The tussle between President Donald Trump and China over the origins of the novel corona virus seems…
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Business
Shabaab’s penetration and control of trade in Mogadishu alarming
When the Somali Government demanded late last year that the National Chamber of Commerce appoint the leadership of the Banaadir…
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Business
Somalia now eligible for debt relief, to reach Decision Point by March-IMF, World Bank
By T. Roble Somalia’s push for debt relief received a major boost Thursday after the World Bank and IMF announced…
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Business
Yet again Farmaajo fails to rid Somalia of ‘most corrupt’ tag
Somalia has once again been ranked as the most corrupt country in the world placing the Horn of Africa nation…
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