Somali Auditor General Mohamed Ali Afgoye Somalia is the world number one corrupt country Mogadishu, Somali Times, The report, which is a first in the country presents an accountability challenge across the government and the executive as virtually all institutions could not account for funds used. “Receipts of external assistance for the year ended 31

Photo/Reuters China is planning tighter visa restrictions for U.S. nationals with ties to anti-China groups, people with knowledge of the proposed curbs said, following similar U.S. restrictions on Chinese nationals, as relations between the countries sour. China’s Ministry of Public Security has for months been working on rules to limit the ability of anyone employed,

FILE PHOTO: United Nations Secretary General Antonio Guterres addresses the opening of the 74th session of the United Nations General Assembly at U.N. headquarters in New York City, New York, U.S., September 24, 2019. REUTERS/Lucas Jackson The United Nations may not have enough money for staff salaries next month if member states don’t pay what

File photo the World Bank CEO Kristalina Georgieva speaks during the forum Frontiers in Anticorruption at the World Bank/IMF annual spring meeting in Washington. Georgieva, the new head of the 189-nation International Monetary Fund, says the world economy is in the grips of a “synchronized global slowdown” that will result in slower growth for 90%

Photo/Somali Times/Germany Ambassador Annett Gunther Support over next two years ‘complements positive trajectory Somalia has taken in recent years,’ says German ambassador Germany said Monday it will provide an additional $73 million in financial aid to Somalia as it vowed to boost bilateral ties. Ambassador Annett Gunther made the announcement while hosting a celebration in

Since May, Uganda’s earnings from gold exports have been increasing from $78.7 million to $97.3 in July. Increased gold export in recent months has strengthened the Ugandan shilling, helping ease inflationary pressure from imported goods. The Uganda Bureau of Statistics reported that the annual headline inflation had slowed to 1.9 per cent in the month

Photo/CGTN China’s foreign exchange reserves came in at 3.09 trillion U.S. dollars, and its gold reserves rose for a tenth straight month at the end of September, official data showed Sunday. China’s forex stands stably The amount increased by 19.7 billion U.S. dollars, or 0.6 percent from the beginning of 2019, according to the State

FILE – This March 16, 2019 file photo, shows natural gas refineries at the South Pars gas field on the northern coast of the Persian Gulf, in Asaluyeh, Iran. China’s state oil company has pulled out of a $5 billion deal to develop a portion of Iran’s massive offshore natural gas field, the Islamic Republic’s

New Somali President Mohamed Abdullahi Farmajo, right, is joined by incumbent President Hassan Sheikh Mohamud, left, as he speaks to reporters after winning the election in Mogadishu, Somalia, February 8, 2017. (AP Photo/Farah Abdi Warsameh) Somalia’s partners are trusting the federal government and state administrations to deliver on the planned universal suffrage elections, warning the

A Kshs 200 note. Kenya is headed for tough times ahead after the country’s currency lost its value against the US dollar by a 0.1 per cent depreciation on Thursday. [Photo/CBK] Even without signing any new loan deals, the country has to fork out the billions to repay its debtors, adding to the pinch the