Somali National News Agency
So
Ar
Search
  • Home
  • Local News
    Local NewsShow More
    Somali President Appoints Mohamed Ali Nur as New Mogadishu Port Director
    August 28, 2025
    President Hassan Sheikh Mohamud Meets with Djiboutian Foreign Minister in Mogadishu
    August 28, 2025
    Somali Foreign Minister Welcomes Djiboutian Counterpart to Mogadishu
    August 28, 2025
    Somali Government Provides Details on Visit of UAE Minister of State for Foreign Affairs
    August 28, 2025
    Somalia’s Ambassador to Turkey Praises New Diplomatic Relations with Kazakhstan
    August 28, 2025
  • World News
    World NewsShow More
    Hamas accepts an Arab ceasefire proposal on Gaza as Palestinian death toll passes 62,000
    August 19, 2025
    “Gunman Kills 3 in Texas; Explosion in Pennsylvania Leaves 2 Dead”
    August 12, 2025
    Somali-American Candidate Abdirizak Mohamed Ali Runs for Mayor of Hopkins, Minnesota
    August 8, 2025
    Israel kills aid worker in Gaza amid rising starvation deaths, US envoy meets with hostages’ families
    August 3, 2025
    Ghana Donates 40 Metric Tonnes of Cocoa to Palestine in Act of Solidarity
    August 2, 2025
  • Articles
    ArticlesShow More
    Somalia’s Political Leaders Forge a Path to Democracy
    August 25, 2025
    Ode to Yan’an: How a Song Inspired Chinese Youth During Wartime
    August 19, 2025
    Somalia’s Story Is More Than the Siege Narrative. It’s Time the World Reported It That Way
    August 13, 2025
    Somali and Allied Forces Deal Major Blow to Al-Shabaab in Coordinated Offensive
    August 6, 2025
    Somalia’s Financial War Against Al-Shabaab: Key Achievements and Strategic Milestones (2022–2025)
    August 4, 2025
  • Business
    BusinessShow More
    Somalia Unveils the Blueprint for a Modern and Sustainable Mogadishu
    December 21, 2024
    Djibouti Launches $57.4 Million Youth Entrepreneurship Project to Combat Climate Change
    November 25, 2024
    FM meets Minister of Investment of Saudi Arabia
    October 28, 2024
    President Hassan Sheikh Inaugurates New LPG Storage Center in Mogadishu
    May 12, 2024
    Collaboration of ICT transformation for digital Infrastructure
    October 24, 2023
  • Sports
    SportsShow More
    Mogadishu Stadium to Host Star-Studded Match Featuring Somali Legends and International Football Icons
    May 27, 2025
    Arsenal held at Brighton while Man City bounce-back continues
    January 5, 2025
    Galmudug wins the Inter-State Football Tournament
    January 29, 2024
    Somalia set for two int’l friendlies ahead of WC qualifier clashes against Algeria and Uganda
    October 10, 2023
    Chicago woman, 104, skydives from plane, aiming for record as the world’s oldest skydiver
    October 3, 2023
  • Tenders
    TendersShow More
Reading: President Hassan launches Somali Bankers Association’s Annual Conference
Share
Font ResizerAa
Somali National News AgencySomali National News Agency
  • SOMALI
  • ARABIC
Search
  • Home
  • Local News
  • World News
  • Articles
  • Business
  • Sports
  • Tenders
Follow US
©2023 || All rights reserved SONNA
Somali National News Agency > Blog > Local News > President Hassan launches Somali Bankers Association’s Annual Conference
Local News

President Hassan launches Somali Bankers Association’s Annual Conference

By Osman
Last updated: September 29, 2024
1 Min Read
Share

Mogadishu(SONNA)-President of the Federal Government of Somalia, H.E. Hassan Sheikh Mohamud has on Sunday launched annual conference of the Somali Bankers Associations, focusing on investments, growth of infrastructure, and initiatives aimed at managing financial system in the country.

The President commended the traders’ efforts in country’s development and urged them to be responsible in paying taxes, keeping the regulations and strengthening the statehood, in order, to get lasting peace which could lead developed businesses and foreign investment.

“The Statehood is principles and enforcing rules, and in order, to get it, you must pay taxes, the government can not operate without taxation, we commed banks and telecommunication institutions, we emphasize traders to pay the taxes, not hide with it from the procedures set on, if hidding from it, it is theft and crime and you will be punished. It is not right to change the merchant number. know that people pay taxes, not you but you are facilitators and it will be used for social services and security and taking taxes is part of government’s duty”, President Hassan said.
Share This Article
Facebook Whatsapp Whatsapp Email Copy Link Print

MORE NEWS

Ode to Yan’an: How a Song Inspired Chinese Youth During Wartime

ArticlesCulture
August 19, 2025

Kenya’s small farmers find respite in avocados amid changing climate

NAIROBI(SONNA) As crop diseases and pests rise in Kenya amid a rapidly changing climate that…

March 11, 2023

Somali President Appoints Mohamed Ali Nur as New Mogadishu Port Director

Mogadishu, Somalia – The President of the Federal Republic of Somalia, Hassan Sheikh Mohamud, has…

August 28, 2025

Nimcaan Hilaac appointed to lead Waberi National Band

Mogadishu (SONNA)-Minister of Information, Culture and Tourism of the Federal Republic of Somalia, H.E. Mohamed…

March 3, 2020

YOU MAY ALSO LIKE

Somalia Participates in Global Platform on Disaster Risk Reduction in Geneva

Geneva, (SONNA) — The 8th session of the Global Platform for Disaster Risk Reduction, held in Geneva, Switzerland, has concluded…

Local News
June 10, 2025

Mogadishu residents rally at Liido beach to protest against Al-Shabaab’s brutal bombing

Mogadishu(SONNA)-Residents in the Somali capital including civil servants, Mogadishu municipality authorities and officials of the Federal Government of Somalia on…

Local News
August 5, 2024

Ministry of Energy sends warnings on the rise of Shabelle River water

Mogadishu, (SONNA) - The Ministry of Energy and Water Resources of the Federal Government of Somalia is sending warnings on…

Local News
October 21, 2023

National Army kills senior terrorist commander

Mogadishu(SONNA)-National Intelligence and Security Agency on Saturday evening confirmed the killing of senior terrorist militant commander of Al-Shabaab in Juhay…

Local News
December 17, 2022

Somali National News Agency established in 1964. It is one of the main pillars of the Ministry of Information, Culture, and Tourism.

  • Home
  • Local News
  • World News
  • Articles
  • Business
  • Sports
  • Tenders
  • SNTV
  • RADIO MOGADISHU
  • DALKA JOURNAL
  • TOURISM DEPARTMENT

Follow US: 

  • MoICT
  • VILLA SOMALIA
  • OPM SOMALIA

All rights reserved SONNA

©2023

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?