development

Compliance and Taxation: A Clear Path Forward Let's step into the world of compliance for a moment—a landscape where rules and regulations govern our actions, ensuring the stability and fairness of corporate ventures. The recent report, diligently compiled, throws light on the path Segilola Resources Operations Limited (SROL) has been traversing. It reassures us of one thing: SROL has stoically adhered to its legal and regulatory obligations—a fact we held firm from the very beginning. The numerous…

Today, US President Donald Trump has officially awarded Boeing the contract to develop the Air Force's most advanced fighter jet—a significant triumph for the company at a pivotal moment. The Next Generation Air Dominance (NGAD) program is set to replace Lockheed Martin's F-22 Raptor with a crewed aircraft designed to operate in tandem with drones. While the specifics of the aircraft's design remain a closely guarded secret, it is anticipated to feature stealth capabilities, advanced sensors, and state-of-the-art engines.…

Mogadishu (AX) — In a remarkable narrative of international military diplomacy, Ethiopia and Russia stand at a juncture, exploring new horizons in maritime collaboration, despite Ethiopia's landlocked status. Picture a scene of strategic dialogue, where visions are shaped beyond geographical constraints. In an intriguing meeting in Addis Ababa, Russian Deputy Navy Commander Admiral Vladimir Vorobiev sat across from Ethiopian Deputy Chief of Naval Operations Commodore Jemal Tufisa. As these leaders gathered around…

At the solemn gathering in Bartabwa, Baringo North Constituency, President William Ruto took a moment to reflect during the funeral of Baringo Senator William Cheptumo. The atmosphere was heavy with loss, yet there was an undercurrent of resolve as President Ruto spoke candidly about a vision for a more equitable Kenya. The President has repeatedly emphasized the importance of distributing development equitably across the entire nation. In his speech last Saturday, he underscored a sentiment that has been echoing…

On February 19, an atmosphere of determination enveloped the Trump administration as a new executive order brought seismic changes to several government agencies. The goal was clear: eradicate non-essential roles and pare down statutory duties to their skeletal form. President Trump envisioned a leaner government, indeed, one that would epitomize accountability to the American populace. Are we becoming more efficient, or are we merely slicing through the sinews that hold our institutions together?…

Mogadishu (AX) – In a move as monumental as it is symbolic, the Somali government has resolved a debt dispute with the Abu Dhabi Development Fund (ADFD) originating from the ill-fated Juba Sugar Factory project. This triumph sees $257 million etched off the slate, an encouraging milestone in Somalia's ambitious economic revival plan. Amid the opulence of Dubai and the stimulating atmosphere of the World Government Summit, a simple yet momentous act took place. Somalia’s Finance Minister, Bihi Iman Igeh, alongside ADFD’s…

Picture this: a sun-drenched morning in Somalia, a land of resplendent landscapes and cultural riches, where the air buzzes with a spirit of renewal and hope. Against this vibrant backdrop, a meeting unfolded that could very well shape the country’s future like the brushstrokes on a canvas. On Wednesday, Somali Prime Minister Hamza Abdi Barre sat down with Sultan Abdulrahman Al-Marshad, the dynamic Chief Executive of the Saudi Fund for Development (SFD). Their rendezvous was not just a gathering of formal belts and ties but…

Mogadishu (AX) — In a promising stride for Somalia, the nation has forged a significant partnership with Saudi Arabia to turbocharge development initiatives, courtesy of Saudi funding. This pact, inked at the heart of Mogadishu in the Ministry of Finance’s stately headquarters, saw Somalia’s Minister of Finance, Bihi Iman Egeh, and the Saudi Fund for Development’s helmsman, Sultan Abdulrahman Al-Marshad, sign on the dotted line with palpable enthusiasm. The significance of this occasion was underscored by Sultan Al-Marshad…

In a bold move towards sustainability, Somalia has officially thrown its hat into the Global Green Growth Institute (GGGI) ring. This step marks a significant chapter in the nation's quest to build a greener economy and shield its environment, gearing up to tackle and adapt to the challenges posed by climate change. According to Khadija Al Makhzoumi, the Minister of Environment for Somalia, the decision to unite with GGGI isn't just a small leap—it's a substantial stride in the right direction. As quoted by the Somali…

Let's dive into the latest from the Kenya Medical Research Institute, affectionately known as KEMRI, who is cooking up a storm with a fresh partnership. They're joining forces with Tonix Pharmaceuticals, an innovative biopharma outfit from across the pond in the U.S., to dish out a clinical trial for a brand-new mpox vaccine. Talk about global collaborations shaking things up! On a rather somber note, picture this: a beleaguered patient battling mpox is tended to in a hospital nestled on the periphery of Goma, North Kivu…