Business & Economy

Embedding the Ministry of Finance with 19 talented and skillful academics, 95 tax inspectors and 350 taxmen will envisage overhauling the tax system in which more than $550 million of tax due is not collected every year. It is...

Liebherr Container Cranes and DP World Berbera have signed a contract for the supply of eight RTGs for DP World’s terminal in Berbera, Somaliland. The cranes are due to be ready for operation before the end of 2020. The high...

The leading money transfer company is embarking on a project for Designing, implementation and commissioning of a cloud based Enterprise Resource Planning (ERP) system. Dahabshiil Money Transfer Pvt Limited (DMT) is a leading African-owned money transfer company with operations across...

Historically throughout all the times; business people were known to exploit and show antics of opportunism during the trying and tough times a certain society is going through; whether it’s during a war, drought, inflation or political instability. Throughout...

Somaliland telecommunication industry is bound to grow following a move by the government to amend the law. Last week, the Somaliland parliament passed a law allowing competition in the provision of fibre optic services in the country. The move was immediately...

Data consumers in East Africa could see a significant reduction in their bills with the landing of East Africa’s largest submarine cable DARE 1. DARE 1, finally arrived in Mombasa on Monday. The subsea cable, a joint project involving the...

Somcable Fiber-optic 20 year telecommunications monopoly is curtailed By M.A. EGGE The 20 years Somcable quota to distribute fiber-optic internet service has just had their monopoly curtailed. Following a parliamentary amendment whose motion was reportedly tabled by 20 MPs, the Telecommunication Law...

By Shem Oirere Civil strife has been one of Africa's biggest hurdles to the exploration and production of oil and gas on the continent's waters. Despite a reduction in the conflicts, violence has flared up again in East Africa, as forces...

Introduction Like any other Economic Zone, Somaliland’s Economic/Free Zone (SEZ) shall be planned to integrate, economic needs (having different clusters such as Logistics hub, Industrial hub, Wholesale hub…etc.) with the social and environmental needs. I believe this is one of...

The government of Somaliland denied that it had any advance information of a submarine fibre optic internet cable entering the country from Berbera. “The government of Somaliland has no advance information, neither has it granted permission to, a submarine fibre...