Category: Business

KRA to Implement New CRSP Schedule for Used Vehicle Imports Starting July 1

KRA to Implement New CRSP Schedule for Used Vehicle Imports Starting July 1

Nairobi-Effective 1st July, the Kenya Revenue Authority (KRA) will implement the new Current Retail Selling Price (CRSP) schedule, changing how custom [...]
NTSA Orders Immediate Compliance Inspections for All PSVs

NTSA Orders Immediate Compliance Inspections for All PSVs

The National Transport and Safety Authority (NTSA) has issued a directive mandating all licensed public service vehicle (PSV) operators to conduct imm [...]
Somali Government Reopens Doolow Airport Following Months-Long Security Closure

Somali Government Reopens Doolow Airport Following Months-Long Security Closure

The Federal Government of Somalia has officially lifted the ban on flights to Doolow District in the Gedo region, reopening the local airstrip after s [...]
Bank Al Habib to Exit Kenyan Market after Seven Years

Bank Al Habib to Exit Kenyan Market after Seven Years

Bank Al Habib Limited (BAHL), one of Pakistan’s leading private-sector banks, has announced its decision to withdraw from Kenya, bringing an end to it [...]
African Peacekeeping Mission in Somalia Faces Manpower Crisis Amid Burundi Withdrawal

African Peacekeeping Mission in Somalia Faces Manpower Crisis Amid Burundi Withdrawal

The African Union's peacekeeping mission in Somalia is facing a critical shortfall, with military officials calling for an urgent deployment of 8,000 [...]
SOMALILAND: A Strong Fire Engulfed The Gobonimo Market In Hargeisa

SOMALILAND: A Strong Fire Engulfed The Gobonimo Market In Hargeisa

Hargeisa, Somaliland - A heavy fire broke out at Gobonimo Market, which has brought back concerns about the vulnerability of important business center [...]
Saudi Arabia Expands Energy Ties with Africa: A Look at Key Investments, Partnerships

Saudi Arabia Expands Energy Ties with Africa: A Look at Key Investments, Partnerships

CAPE TOWN, South Africa (Kaab TV) – Earlier this week, Egypt's Minister of Petroleum and Mineral Resources Karim Badawi and Saudi Arabia's Minister of [...]
India Bans Highly Addictive Opioids Following Media Investigation

India Bans Highly Addictive Opioids Following Media Investigation

NAIROBI, Kenya (HORN OBSERVER) – Indian authorities have banned the production and export of two addictive opioids after a BBC investigation exposed t [...]
Somalia launches first nationwide Instant Payment System powered by BPC

Somalia launches first nationwide Instant Payment System powered by BPC

Mogadishu, 24 March 2025: The Somalia Payment Switch (SPS1) has successfully launched the country's first ever Instant Payment System with QR payments [...]
The Transformative Impact of Kobac General Trading Company and Hassan Kobac Foundation: A Legacy of Excellence and Humanitarian Commitment in Somalia

The Transformative Impact of Kobac General Trading Company and Hassan Kobac Foundation: A Legacy of Excellence and Humanitarian Commitment in Somalia

Hassan Kobac Foundation distributing clean water to vulnerable communities in Hiiraan region. Photo courtesy In a nation striving for economi [...]
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