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Al Shabab lifts ban on Dahabshiil Remittance Offices in Hiran Region

Beledweyne April 06,2013(SDN)-Somali militant group Al Shabab lifted a ban on Dahabshiil Offices in Hiran region after a recent shut down.

Dahabshiil also was a target of a bomb blast in the biggest market in Mogadisho the Bakara Market recently.

A Somali Website associated with the militants posted that the Ban on Dahabshiil was related to the Company’s business practices.

As of Yesterday nine of Dahabshil’s centers in Hiran Region re-opened and are operating.

Somalia’s largest Remittance Company did not release any information about the Ban and the subsequent re-opining of their offices in Hiran.

Remittance was a life line in Somalia the last two decades in the absence of a functioning central Bank ,and Dahabshiil was a pioneer.

However the last few years Telecom Companies in the Horn have taken away a large chunks of the Hawala market,specially  the lucrative Domestic markets With the invention of the Zaad a cellphone based Money Transfer system.

Al Shabab still controls large parts of south and Central regions of Somalia despite a huge bush back from the African peace keeping force.