Browsing: Economy
Somalia has formally requested extra $40M IMF funding to bolster its economy against significant foreign aid cuts and to support…
The European Central Bank (ECB) is expected to maintain its key interest rate at 2% during its September meeting, according…
In July 2025, China announced the removal of all tariffs on imports from African nations, including Somalia. This major policy…
Gold has constantly held a unique location in human history, handled as a secure haven over the centuries. Beyond its…
Recent official data revealed that the U.S. government is now collecting nearly $50 billion per month from tariffs on imported…
Gold prices dropped to their lowest levels in nearly two weeks on Tuesday after U.S. President Donald Trump announced a…
Somalia has launched its first nationwide Instant Payment System, enabling seamless real-time transactions between banks and financial institutions. This initiative…
The construction of Garacad Port in Puntland aims to establish a major trading hub while boosting the regional economy. The…
