Money

Positive Financial Impact Seen After Forensic Audits in Somalia 0
- Money
- July 5, 2024
The Office of the Auditor General (OAG) of Somalia has today unveiled the results of forensic audits conducted from March 8, 2018, to April 20, 2023. These comprehensive audits have uncovered significant financial irregularities and embezzlement within several key government agencies, marking a critical step towards greater financial transparency and accountability in Somalia. The forensic
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The Somalia 2022 Budget and its Allocation 0
- Money
- July 22, 2022
The 2022 budget , which was totaling $ 918,666,761, was unveiled by the federal government of Somalia by Minister of Finance Abdirahman Beyle, on Sunday, December 12. We analyzed the budget figures and numbers and present to the readers allocation created for federal ministries.
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The unjustified blacklisting of Al Barakat 0
- Business, Money
- July 10, 2022
Al Barakat, which in Arabic merely means “blessings,” was founded in Somalia in 1985. It then functioned as a different remittance route that many Somalis used.
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Hormuud Telecom’s game- changing story in Somalia 0
- Business, Money
- July 2, 2022
On April 2, Hormuud Telecom celebrated its twentieth anniversary. Founded entirely by Somalis in 2002, the telecom compnay
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