Somali Prime Minister Signs Foreign Investment Law

    Mogadishu, June 10, 2013(SDN) -— His Excellency Prime Minister Abdi Farah Shirdon today signed a foreign investment law and said Somalia was “ready to do business with the world”. The draft legislation, prepared by the Ministry of Commerce and Industry with government lawyers, sets the framework for foreign investment. The Prime Minister welcomed the progress,…

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      Somali warlords battle over Kismayo

        Mogadishu, June 08, 2013(SDN) -—At least eight people have been killed in fighting between rival Somali warlords battling for control of the southern port city of Kismayo, witnesses said Saturday. Gunmen from the Ras Kamboni militia of former warlord Ahmed Madobe – recently self-appointed “president” of the southern Jubaland region – battled against forces…

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