Somalia:Dahabshiil is going through a bad patch- Africa Intelligence

Published On: Sunday, April, 14 2013 - 11:37:39 This post has been viewed 2971 times

Share this post on: or Else
The funds transfer company Dahabshiil, headed by Abdirashid Duale, son of the founder of Group Mohamed Said Duale, is going through a bad patch.

Series of hard blows for Dahabshiil
The funds transfer company Dahabshiil, headed by Abdirashid Duale, son of the founder of Group Mohamed Said Duale, is going through a bad patch.
Until recently, Dahabshiil, a leading financial services and funds transfer company in the Horn of Africa for the Somalian Diaspora, operated throughout Somalia, even in the zones held by the Al-Shabaab radical Islamists, without encountering any major problems. However, the explosion at its Mogadishu headquarters in the Bakara market on 2 April could be a turning point for it. Since then, many of its clients have asked their relatives abroad to use a different company to send them their monthly remittance, citing security issues as the reason. Moreover, a few days before this explosion, Dahabshiil had temporarily shut ten offices in the Hiraan, Bay and Bakool regions, after the Al Shabaab had banned it from operating. Mohamed Said Duale Ahmed Mohamed Mahamoud Silanyo Hormuud Telecom Ali Ahmed Nur Jimale Al Barakaat.
The Islamists could thereby be making Dahabshiil’s founder, , pay for his unflinching support for the President of Somaliland known as “”, whose government has just begun to go after radical Islamists in Hargeisa (ION 1351). To cap it all, Dahabshiil has had a new competitor for the supply of telecoms and banking services in the south and centre of Somalia. It is the group, partly owned by the former head of.

Source:AfricaIntelligence.com

BUSINESS CIRCLES
n°1354 - 12/04/2013

http://www.africaintelligence.com/ION/business-circles/2013/04/12/series-of-hard-blows-for-dahabshiil,107955308-ART

Sunatimes: Investigative media with sense of professionalism, fearless in cultivating the truth, informative, unbiased, independent, educative, a role model and a voice to the voiceless
SUNATIMES CONTACT INFO
Political Chief Editor:
Abdi Mohamed
Email : [email protected]

Social Chief Editor:
Abdi Salan Abdulle
Email: [email protected]

Sports Chief Editor:
Sunni Said Saleh
Email: [email protected]

Radio Chief Editor:
Mohamed Osman Sheik
Email: [email protected]

Senior news editor
Faduma Farah Ali
[email protected]
--------------
Senior news editor
Hawo Abdulle Yusuf
[email protected]
--------------------
Senior news editor
Muhiima Ahmed Mohamed
[email protected]
----------------------------
Senior news editor
Sahra Abdi Mohamud
[email protected]

COMMENTS ()
No Comments Available
ADD YOUR COMMENT
Name :  
 
Email :  
 
Comment :  
 
Virivication Code :  
 
 
 
  • © Copy Right www.sunatimes.com 2009-2014 All Rights Reserved.
    Home | About Us | Site Map | Diinta | Reports | Latest News | Featured Items | Articles | Suna Radio | Contact Us