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Primary content on this page
Somalia: cutting through the sinews of war
01-09-2014

Militants throw grenades at Mandera Central AP camp, police repulse them
01-09-2014

Somalia forces foil Shabab attack on high security prison
01-09-2014

UN, govt. issue fresh drought warnings in Somalia
01-09-2014

Kenya:Church told us to profile Muslims - estate agent
01-09-2014

EU, UN and IGAD Envoys to Somalia:Welcome reconciliation progress in Kismayo
01-09-2014

Somali warlord agrees to talks, boosts government peace efforts
01-09-2014

Somali National Army and AMISOM Forces liberate Bulo Marer in Lower Shabelle
31-08-2014

African troops in fresh offensive against militants in Somalia: army
31-08-2014

Somalia sentences Islamist killers of journalist to death
31-08-2014

Somalis concerned by US decision to end Hawala system
Millions of people in war-torn Somalia are feared to lose remittance they’ve being receiving so far, following a decision by the US to end services of its money transmitter clients by the end of July.

According to a study published last year by human aid organizations, about 40% of Somali families rely on remittance from another country. The US regulatory agencies say they fear that money launderers or militant groups would exploit them. However, Somalis say they’re concerned about their future in case of losing the money also known as Hawala. Demonstrations have already been held outside the US Department of Treasury office in the Somali inhabited city of Minneapolis to protest Washington’s decision. The demonstrators called on American lawmakers to change their policies, so that Somali families can receive money from their relatives in the United States. Until recently, the UK-based Barclays Bank has fought hard to shut down the accounts of Somalia’s leading money-transfer operator Dahabshiil. The remittance company however won a further reprieve after it sought an injunction against Barclays' decision to close its account. Remittance is regarded as the largest source of income in Somalia. Things are believed to become more difficult, with the arrival of the fasting month of Ramadan. Many are saying that an end to the service will have a negative impact. But to many who see it as a lifeline, life will never be the same again. -
Primary content on this page
Somalia: cutting through the sinews of war
01-09-2014

Militants throw grenades at Mandera Central AP camp, police repulse them
01-09-2014

Somalia forces foil Shabab attack on high security prison
01-09-2014

UN, govt. issue fresh drought warnings in Somalia
01-09-2014

Kenya:Church told us to profile Muslims - estate agent
01-09-2014

EU, UN and IGAD Envoys to Somalia:Welcome reconciliation progress in Kismayo
01-09-2014

Somali warlord agrees to talks, boosts government peace efforts
01-09-2014

Somali National Army and AMISOM Forces liberate Bulo Marer in Lower Shabelle
31-08-2014

African troops in fresh offensive against militants in Somalia: army
31-08-2014

Somalia sentences Islamist killers of journalist to death
31-08-2014



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