losses

Mali's Bold Step into Gold Refining: A New Chapter for the Economy Mali's government has recently unveiled its ambitious plans to establish a state-controlled gold refinery in collaboration with the Russian firm Yadran. This initiative is poised to significantly boost Mali’s gold sector earnings, a critical component of the nation’s economy. As a nation rich in mineral resources, how can it better leverage these assets to shape a prosperous future? Finance Minister Alousseni Sanou revealed that the newly formed…

Al-Shabaab Faces Setbacks in Fierce Battle in Central Somalia By Ali Musa, Axadle Times International–Monitoring MOGADISHU, Somalia - A pivotal clash between Somali National Army (SNA) troops and al-Shabaab militants unfolded on Friday in the Hiiraan region. Here, bravery and sacrifice meet on the battlefield, as Somali forces push onward to secure key areas from al-Shabaab's hold. For nearly half a year, Somalia’s security forces have relentlessly pursued…

The Harrowing Struggles of Laqaanley Village The plight of those in Laqaanley village is a poignant reminder of the challenges faced by communities in drought-stricken areas. Farhiyo, a local resident, shared her experience, revealing the agonizing process of seeking credit from shopkeepers for the food her family desperately needs. Speaking candidly with Radio Ergo, she described a scene fraught with desperation. “The problem is worse for humans than for livestock. We have debts…

The Ongoing Struggle in Wargaadhi: A Closer Look at the Somali Defense Situation In the complex landscape of Somalia’s ongoing struggle for safety and stability, recent claims regarding the village of Wargaadhi have stirred discussions both locally and internationally. Al-Shabaab, a militant group with a notorious history of insurgency, declared that it had seized control of Wargaadhi and had overrun the nearby army base. However, the Somali Defense Ministry took a firm stance, asserting that the village remains securely…

Pastoralists survey their barren land, reflecting a profound loss - a poignant image of their once-thriving livestock grazing the arid landscape. In the heart of Somalia's Mudug region, approximately 1,500 families residing in the Ali-Waal area are grappling with devastating hardships. Fragmented pieces of their livelihoods have been eroded by the relentless grip of drought. Over the past three months, most of these families have watched, helplessly, as their once-plentiful herds dwindled due to an unforgiving climate that…

In the labyrinthine world of commerce, decisions often lead to myriad outcomes. The Nigerian National Petroleum Company (NNPC) Limited recently made a pivotal choice, halting its innovative Naira-for-crude initiative. This development bears significant impacts on local refineries, not least because this initiative enabled transactions in the country's own currency—a bold strategy designed to mitigate complexities of foreign exchange. The decision to suspend the program emerged from reports…

In a bold and controversial move, Elon Musk has declared that all federal employees in the United States must justify their roles or face termination. This announcement came mere hours after former President Donald Trump urged Musk to adopt a more aggressive stance on reducing government expenditures. As the wealthiest individual in the world and a prominent benefactor of Trump’s political endeavors, Musk has taken the lead in a significant restructuring effort aimed at the federal workforce. He stated unequivocally, "All…

Beledweyne (AX) – In the often tumultuous chessboard of Somalia, where tactics and survival mingle intricately, the ebb and flow of conflict has confounded yet again. Al-Shabaab militants, those elusive insurgents with their unslakable thirst for turmoil, have found a new haunt—nestled by the murmuring banks of the Shabelle River in the Mahaday district, they plan their next move. Local inhabitants mutter about seeing swarms of militants sweeping into the area, battered from recent fierce skirmishes in Hiiraan. It’s as if…

Al-Shabaab militants suffer huge losses in Somalia's Jubaland MOGADISHU, Somalia - Jubaland security forces repelled an al-Shabaab attack over the weekend, in what could be one of the most gradual gains for regional security officers in recent months, giving hope in the fight against the militants. According to military sources, the militants were preparing an assault on Kudha in the Lower Juba…