Tag: business
KENYA ALCOHOL BAN TO COST BILLIONS
Alcohol manufacturers and distributors have warned that the alcohol ban placed by the government to control the spread of coronavirus (COVID-19), will cost workers, sorghum farmers, and the government billions of shillings and thousands of jobs in three months to September. The ban which began in July has created a massive disruption of the alcohol value chain with the…
SOMALI: Hargisa & Mogadishu Carrying Out Joint Cryptocurrency Trials
SomaliCoin Beta launched in 2012 and has been waiting for the perfect time to go LIVE. The SomaliCoin carry out tests on a new cryptocurrency before it is introduction into the national financial system Cryptocurrency wave has taken over the entire world. There is no single country that does not have a trace of cryptocurrency…
Mogadishu Exchange Seat Fetches Record High
Mogadishu Exchange has sold a single membership seat for $10,000 the highest bid price in its young history. MogEx Sold 5 Seats in Mogadishu. Mogadishu Exchange will become the First Crypto exchange in Sub-Saharan Africa to take such an initiative. The Mogadishu Exchange aims to launch in the second half of 2019 and wants to…