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