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News tagged with “dahabshiil”. Found: 72 tagged news reports.
 

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Mogadishu :: Somalia | 13 days ago

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Ads by Google London Counterterrorism laws restricting the flow of cash to Somalia are severely harming efforts to prevent a famine similar to the 2011 catastrophe which killed 260,000 people, experts have said. Somalis living abroad have in the past

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Mogadishu :: Somalia | 23 days ago

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But he and other Somali expatriates fear that they soon might not be able to give their families any more financial help. It is not money that they are about to run out of but the legal options for sending it home.   About 40 percent of all Somali

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Mogadishu :: Somalia | 3 months ago

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As almost any Somali living in the U.S. will tell you, sending money to relatives and friends back home is just something that we do. I've grown up seeing my grandparents, parents, aunts and uncles do it for years -- it's a fact of life. It's no

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Mogadishu :: Somalia | 3 months ago

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Ads by Google analysis Last week the Overseas Development Institute hosted an afternoon of discussion, focused on the high fees associated with money transfers to Africa. Whilst remittance costs have fallen globally, costs in Africa have remained

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Washington :: NJ :: USA | 3 months ago

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Yet many of the benefits of remittance transfers are lost in intermediation as a result of high charges...But, argues a new report from the Overseas Development Institute, the high cost of remittances in fees paid to intermediaries, such as the

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Mogadishu :: Somalia | 3 months ago

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Ads by Google analysis Very good news on Wednesday when Barclays Bank agreed to give Dahabshiil, the Somali remittance company, sufficient time to find another way of transferring money from the UK and elsewhere to Somalia before closing its account

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Mogadishu :: Somalia | 3 months ago

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Dahabshiil, which remits hundreds of millions of dollars back to Somalia each year, said it had agreed a settlement to its injunction against Barclays on "mutually acceptable terms". Barclays had tried to shut down the company's account, which it has

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London :: United Kingdom | 3 months ago

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Dahabshiil is proud to have some of the lowest transaction costs in the business, consistently meeting and beating the 5% target set by both the G8 and G20. The ODI report demonstrates the vital role that affordable remittances play in the developing

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Mogadishu :: Somalia | 5 months ago

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In a recent blog " Anti-Money Laundering Regulations: Can Somalia survive without remittances " the World Bank's Sonia Plaza warned of the deleterious and undesirable effects of interrupting remittance flows to Somalia...Following the inaugural

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Mogadishu :: Somalia | 6 months ago

Credibility Credibility of 5

Civilian deaths from drone or missile strikes are the most dramatic when they come to light. Damage from the "financial war on terror" is less visible but also deadly. As illustrated in the case of Somalia, regulations intended to curb financing for

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