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Launch Of Chavez Lodge And Lounge In Dedza

Fri, 24 May 2024 20:00:00 UTC @ Chavez Lodge and Lounge - On 24 May 2023 there will be a Launch of Chavez Lodge and Lounge in Dedza formerly known as Motel Domwe. During The Launch, The Black Missionaries Band, Anthony Makondetsa, Moda Fumulan... More Info
Young Stunna Live In Malawi

Sat, 25 May 2024 18:00:00 UTC @ Money Men Club (Nancholi-Mpemba Road) - Beer Land Festival Brings Young Stunna all the from South Africa on 25th May 2024 in Blantyre at Moneymen Club.He will be setting the stage on fire, creating an unforgettable night of ... More Info

Somali money transfer firms ‘used to pay arms dealers’

A report into Somalia’s popular money transfer systems has found that more than $3.5m ($2.7m) in cash has been moved between suspected weapons traffickers in recent years.

The Global Initiative Against Transnational Organized Crime alleges that a prominent Yemeni arms supplier was able to receive hundreds of thousands of dollars in remittances despite being under US sanctions.

The findings could further hinder attempts by Somali transfer companies to work with international banks which fear flouting anti-money laundering regulations.

In response to the report, four Somali companies told the Reuters news agency that they did their best to comply with global regulations.

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