Topic
Warkasta is tracking economy across 16 reports from 6 sources. Recent coverage touches shabelle, adduunka, and apparent, each linked to its original source with side-by-side comparison where outlets differ.
Somalia and Uganda signed a labor agreement Thursday requiring written employment contracts, direct salary payments into workers’ bank accounts and employer-funded insurance and travel, in a move aimed at protecting more than 20,000 Ugandan nationals working in Somalia.

MOGADISHU, Somalia — Somalia’s leading telecommunications company Hormuud Telecom on Tuesday hosted the fifth edition of the Somalia’s Success Story Forum (BGS26) in Mogadishu, bringing together around 350 participants to discuss investment in healthcare and ways to improve medical services in the country. Held at Jazeera Hotel under the theme “Towards a Healthy Somalia”,…

Somalia and Türkiye have discussed strengthening cooperation in fisheries and the blue economy, with a focus on developing the Horn of Africa country’s marine resources and attracting investment. Somalia’s Minister of Fisheries and Blue Economy, Ahmed Hassan Adan, held talks with Türkiye’s newly appointed ambassador to Somalia, Ferhat Alkan, at the ministry’s headquarters…

The American newspaper New York Post reported in an article that two church-based charitable organizations received more than 62 million dollars related to refugee resettlement programs and support for the Somali community in Minnesota, linking this issue to the social changes in the state and the debates arising from scandals related to the programs.

The World Bank has announced a new funding of $93 million to strengthen efforts to combat the Ebola virus, as the Democratic Republic of Congo strives to control the ongoing outbreak, according to a statement released on Wednesday. The statement noted that 80…

(ERGO) – Pastoralist families in Warsheikh and Adale districts of southern Somalia’s Middle Shabelle region have begun repaying debts accumulated during three years of drought, after recent rains improved pasture and water supplies and the condition of their livestock. Business in livestock markets in Mogadishu has risen, as pastoralists like Abdullahi Muhyadin Ahmed from rural…
The Shabelle River has risen above the high flood-risk threshold at Jowhar and is nearing bankfull level, raising concerns of possible flooding in parts of Hiiraan and Middle Shabelle regions.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has reached an $11.66 million settlement with Bank of America, N.A., over 475 apparent violations of U.S. sanctions…
The government of Tanzania is expected to finalize the agreement for a natural gas project costing $42 billion in the coming months, which aims to make the country a key energy hub in East Africa.

Sensitive information obtained from reliable sources reveals that 4 million dollars intended for pirates was stolen from an oil ship that was hijacked off the coast of Mudug region and is currently being held in the vicinity of Hobyo district. As we learned, on Sunday, the 11th of this month, this money was in cash in Mogadishu...
At least two civilians were killed and four others wounded after a gunman opened fire at a business premises in Garowe’s Inji market on Sunday, according to local reports.

Mogadishu, Somalia – The members of the House of Representatives of the Federal Parliament of Somalia have concluded the second reading debate on the draft law amending the Central Bank Law of Somalia and the agreements on international judicial cooperation between Somalia and Turkey. The meeting took place at the House of Representatives headquarters, and was part of the 8th session, its 22nd meeting.

The Prime Minister of the Federal Government of Somalia, Mr. Hamza Abdi Barre, participated in the closing ceremony of the Somalia-European Union Business Forum (EU-Somalia Business Forum 2026), which has been taking place for two days in the city of Mogadishu. The forum brought together development partners, financial institutions, and private sector entrepreneurs working in Somalia.
Somali Disaster Management Agency (SODMA) warned Sunday that the Shabelle River has breached its banks at 366 critical locations, raising fears of flooding as heavy rains and El Niño conditions are expected.

Accused Police Officer Nuur Ibrahim Sahal has been charged with the crime of murder he committed against the late former Police Officer Libaan Nuux Sooc, with whom he served in the tax revenue protection unit, an incident that occurred in the district of Xamar Jajab on the date of the 12th of the month of July...
When the Somali state collapsed in 1991, the formal banking system collapsed with it. For the next two decades, money moved through hawala networks, informal transfer businesses that carried diaspora remittances to households, financed imports and kept domestic trade running while conventional banks and public institutions were largely absent. Many of those businesses have since become licensed mo