• About
  • Contact
Saturday, May 31, 2025
  • Login
No Result
View All Result
NEWSLETTER
Now Then Digital
23 °c
Kampala
22 ° Fri
23 ° Sat
23 ° Sun
22 ° Mon
  • HOME
  • NEWS
  • POLITICS
  • BUSINESS
  • TECH
  • ENTERTAINMENT
  • LIFESTYLE
  • TIPS & ADVICE
  • HOME
  • NEWS
  • POLITICS
  • BUSINESS
  • TECH
  • ENTERTAINMENT
  • LIFESTYLE
  • TIPS & ADVICE
No Result
View All Result
Now Then Digital
No Result
View All Result
ADVERTISEMENT
Home Business

Report Estimates Somaliland Market Fire Losses at 1.5 Billion to 2 Billion Dollars (Preliminary)

According to local officials in Somaliland, a massive fire in the capital of Somaliland destroyed property worth as much as $2 billion.

Now Then Digital by Now Then Digital
May 25, 2022
in Business, News
Reading Time: 3 mins read
1 0
A A
0
nowthendigital.com-Report estimates Somaliland market fire losses (1)

According to local officials in the self-proclaimed autonomous region of Somalia, there was a massive fire in a market in the capital of Somaliland that destroyed properties worth up to $2 billion dollars. PHOTO/MATAAN YUUSUF/AFP

0
SHARES
25
VIEWS
Share on FacebookShare on Twitter

According to local officials in the self-proclaimed autonomous region of Somalia, a massive fire ravaged the market in the capital of Somaliland, destroying property worth up to $2 billion.

KAMPALA | NOW THEN DIGITAL  — A fire broke out in an expansive market in the capital of Somaliland, destroying properties worth more than $2 billion, according to local officials in the self-proclaimed autonomous region of Somalia.

  • Fire-ravaged Waheen market in Hargeisa on Friday, killing at least 28 people and severely damaging many more.
  • Losses are estimated to be between $1.5 billion and $2 billion according to the preliminary report released by the national task force looking into the fire. 
  • The fire hit on the eve of the holy month of Ramadan, sparking despair at home and solidary efforts from outsiders who say they will help Somaliland rebuild the market.
  • Also see: The IMF has announced its plans to save Egypt from the harsh economic crisis caused by Russia’s invasion of Ukraine.

A fire on Friday night ravaged Hargeisa’s Waheen market, a major source of livelihood for the residents. At least 28 people were injured.

Somaliland suffered a devastating loss on the eve of the holy month of Ramadan, sparking despair at home and solidary efforts from outsiders who pledged to assist with reconstruction. 

A national task force investigating the fire estimates damage between $1.5 billion and $2 billion.

There is still no information about the cause of the fire in Hargeisa, but some traders believe a bad electrical connection may have been responsible.

Youmight also like

Health Ministry Backs Tech Crackdown on Road Offenders.

Ministry of Health Backs New Digital Penalty System to Curb Road Carnage

May 30, 2025
Kawempe North seat declared vacant after court rules election was flawed.

Uganda Court Nullifies MP Nalukoola’s Election Over Voting Irregularities

May 26, 2025
Kyabazinga of Busoga praised after graduating with honours from Ivy League institution.

Busoga’s Kyabazinga graduates from Yale University with a second Master’s degree

May 19, 2025
Ugandan Army Chief Muhoozi Admits Detaining Bobi Wine Bodyguard

Eddie Mutwe Held by Military, Uganda’s Top General Muhoozi Confirms

May 3, 2025

“Saddened to see the aftermath of the fire in Hargeisa with such destruction in the open market that is the economic heart of the city, affecting many small and family enterprises,” British Prime Minister Boris Johnson tweeted.

“Your city will rise again and the UK will do what we can to support Somaliland’s rebuilding effort.”

ADVERTISEMENT
https://twitter.com/BorisJohnson/status/1510199628238626820

President Mohamed Abdullahi Mohamed of Somalia made a rare phone call to the leader of Somaliland, Muse Bihi Abdi, after this tragic event.

President Abdi, who has served Somaliland as president since 2017, has been fighting for international recognition of the self-proclaimed independence of his territory, which is opposed by Somalia.

Located strategically by the Gulf of Aden, Somaliland’s territory of more than 3 million people split off from Somalia in 1991 after Somalia collapsed into warlord-led conflict.

Even without international recognition, Somaliland has maintained its own independent government, currency, and security system. 

The region has largely succeeded in holding regular elections over the years, which included the parliamentary elections conducted last year.

https://www.youtube.com/watch?v=botUawuB_Xs
Source: Now Then Digital
Tags: estimates somaliland market firefire somalilandmarket fire somalilandmarket fires somalilandmarket fires somaliland estimatesreport estimates somaliland marketreport market fires somalilandsomalilandsomaliland market firesomaliland market fire lossessomaliland massive fire capital
ADVERTISEMENT
Now Then Digital

Now Then Digital

Now Then Digital offers breaking news and opinion articles, giving you a unique opportunity to see what goes on behind the scenes in Uganda, Kenya, Nigeria, South Africa and elsewhere.

Recommended For You

Health Ministry Backs Tech Crackdown on Road Offenders.
Health

Ministry of Health Backs New Digital Penalty System to Curb Road Carnage

by Wafula Steven
May 30, 2025
Kawempe North seat declared vacant after court rules election was flawed.
Politics

Uganda Court Nullifies MP Nalukoola’s Election Over Voting Irregularities

by Now Then Digital
May 26, 2025
Kyabazinga of Busoga praised after graduating with honours from Ivy League institution.
News

Busoga’s Kyabazinga graduates from Yale University with a second Master’s degree

by Wafula Steven
May 19, 2025
Ugandan Army Chief Muhoozi Admits Detaining Bobi Wine Bodyguard
Politics

Eddie Mutwe Held by Military, Uganda’s Top General Muhoozi Confirms

by Wafula Steven
May 3, 2025
ADVERTISEMENT

Related Articles

Anne Kansiime Announces “New Era” on Instagram, Leaves Fans Guessing

Anne Kansiime Announces “New Era” on Instagram, Leaves Fans Guessing

3 months ago
Stanbic Partners with IBM to Drive Digital Transformation

Uganda’s Largest Commercial Bank Stanbic Partners with IBM to Drive Digital Transformation

2 years ago
now then digital breaking news

Musa Musasizi Sentenced to 105 Years for Grisly Murders of Four Girlfriends and Infant

1 year ago

Popular News

  • Anna Maria von Stockhausen Accused Victim of Superstition

    Who Was Anna Maria von Stockhausen: A Victim of Witch-Hunts in the 18th Century

    0 shares
    Share 0 Tweet 0
  • From Stenographer to Viral Sensation: The Story of Debra Bollman and Her Daughter Sophia’s Rise to Fame

    0 shares
    Share 0 Tweet 0
  • Symptoms and Treatment of Pernicious Anemia Tongue

    0 shares
    Share 0 Tweet 0
  • Key Tips to Identify Fake X Accounts Amid Growing Misinformation

    0 shares
    Share 0 Tweet 0
  • Ministry of Health Backs New Digital Penalty System to Curb Road Carnage

    0 shares
    Share 0 Tweet 0

Connect With Us

Join our Newsletter

Who We Are

Now Then Digital | Breaking News from Uganda & Africa

Latest headlines from Uganda, Africa & the world. Explore politics, entertainment, sports, finance & more on Now Then Digital.

Sign Up For Our Newsletter

Now On Pinterest

Uganda National ID Cards Cannot Be Used as Loan Security

NIRA Issues Warning Against Using National IDs for Loans

cropped-william-ruto-declared-winner-in-kenya.webp

William Ruto Wins Kenyan Election

From Our Partners

  • Editorial Policy
  • Disclaimer
  • Corrections Policy
  • Fact-Checking Policy
  • DMCA Policy

© 2025 Now Then Digital - Breaking News from Uganda, Kenya, Nigeria & South Africa.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
    • Movies
    • Music
    • Sports
  • Lifestyle
    • Fashion
    • Travel
    • Tech
  • Health
  • Food

© 2025 Now Then Digital - Breaking News from Uganda, Kenya, Nigeria & South Africa.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.