AFRICA INTELLIGENCE: SOMALILAND: HOW AN OASIS OF STABILITY BECAME A POWDER KEG

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Bohol

VIP
10/02/2017

Successively struck by a financial crisis, a drought and the effects of the regional machines of
its neighbours and the Gulf states, Somaliland, long an island of stability in a very troubled region,
is struggling to maintain that status.

And as he makes every effort to stay in office as long as possible, President Ahmed Mohamed Mahamoud ,
aka Silanyo, is only making matters worse in a country on the brink of breakdown.

Fixed exchange rate + inflation = re-pression.
The equation may seem banal, but it reflects the absurd situation in which banking operators and Somaliland’s population find themselves.

Although a free market is enshrined in the constitution, on Jan. 24 a cabinet meeting fixed an exchange rate of 6,800 shillings to the US dollar, a decision that was published in a presidential decree. On Jan. 21 and 22 two huge demonstrations were held in two of Hargeisa’s biggest marketplaces to protest hyperinflation – at the time a dollar bought 9,000 shillings. Traders ended up refusing to conduct any transactions in shillings. Amid all this palaver, on Jan. 26 the police killed the detained chairman of the Money Exchangers Association, Abdilahi Ali Barre, who had been arrested for refusing to apply the fixed exchange rate. It was in this context, aggravated by two years of drought, that the head of state proclaimed the establishment of the National Commission on Inflation.


On Feb. 1, on a trip to Berbera, this body had the local director of the Somali financial services and money transfer company Dahabshiil, Saleban Abdillahi Adib, thrown into jail on the grounds that he had refused to deposit shillings stored in his agency’s safes with the central bank. In addition, the presidential decree imposed limits on transfers exceeding $100 and banned some other transfers altogether. It also ordered operators like Dahabshiil, Telesom, Omar, Deero, and Premier, to stop speculating on the shilling-dollar exchange rate. The panic is such that Telesom customers – some 80 percent of Somalilanders have a sim card and an electronic dollar account with this company – have withdrawn their deposits en masse, obliging Telesom to charter two cargo ships containing dollars from Djibouti. Discontent is growing every day and the decision to postpone the presidential election scheduled for late March until October has just made matters worse.


UAE base + Egyptian soldiers = Ethiopian intimidation.
Diplomatically, the situation in Somaliland resembles an equation with many unknowns. Since a UAE team visited Berbera in early January to set up a military base , Silanyo has failed to assuage Ethiopian Prime Minister Hailemariam Desalegn, who is worried about the UAE’s plans to hand the base over to an Egyptian military contingent. Addis Ababa and Cairo are at loggerheads over the sharing of the River Nile’s waters in relation to Grand Ethiopian Renaissance Dam . Moreover, the war in Yemen now threatens Somaliland. Iran has supplied – via Bossaso in Puntland – Yemen’s Houthi rebels with Russian SCUD missiles that put Somaliland within reach of the fighting in Yemen. Hargeisa is concerned that the Emirati troops stationed on its territory might be targeted by the belligerents on the other side of the Red Sea. But they are even more afraid of alienating the Houthis because Yemen is Somaliland’s second biggest trading partner after Ethiopia. It is even the primary source of dollars in Somaliland’s economy: Yemen buys 90 percent of Somaliland’s cattle, which it re-exports it to the Gulf states.

Africa Intelligence




https://www.africaintelligence.com/...f-stability-became-a-powder-keg,108211301-EVE

http://www.somalilandinformer.com/s...ow-an-oasis-of-stability-became-a-powder-keg/
 

Bohol

VIP
What I said before.


"Moreover, the war in Yemen now threatens Somaliland. Iran has supplied – via Bossaso in Puntland – Yemen’s Houthi rebels with Russian SCUD missiles that put Somaliland within reach of the fighting in Yemen. Hargeisa is concerned that the Emirati troops stationed on its territory might be targeted by the belligerents on the other side of the Red Sea. But they are even more afraid of alienating the Houthis because Yemen is Somaliland’s second biggest trading partner after Ethiopia. It is even the primary source of dollars in Somaliland’s economy: Yemen buys 90 percent of Somaliland’s cattle, which it re-exports it to the Gulf states."
 
What I said before.


"Moreover, the war in Yemen now threatens Somaliland. Iran has supplied – via Bossaso in Puntland – Yemen’s Houthi rebels with Russian SCUD missiles that put Somaliland within reach of the fighting in Yemen. Hargeisa is concerned that the Emirati troops stationed on its territory might be targeted by the belligerents on the other side of the Red Sea. But they are even more afraid of alienating the Houthis because Yemen is Somaliland’s second biggest trading partner after Ethiopia. It is even the primary source of dollars in Somaliland’s economy: Yemen buys 90 percent of Somaliland’s cattle, which it re-exports it to the Gulf states."

What kind of dumb-ass government invites the enemy of their second largest export market to build a base to kill their export costumers? :faysalwtf:
 

Bohol

VIP
What kind of dumb-ass government invites the enemy of their second largest export market to build a base to kill their export costumers? :faysalwtf:


Dumb people I guess.Not to mention there is many Yemenis in Sland now, when their relative are killed using Sland bases, they
will use suicide bombing as retaliation in Sland.
 
Dumb people I guess.Not to mention there is many Yemenis in Sland now, when their relative are killed using Sland bases, they
will use suicide bombing as retaliation in Sland.

In their effort to be recognized they have made themselves pawn in a game, where they will suffer no matter what. I guess Somalidiids are helping the cause after all :siilaanyosmile:
 
What I said before.


"Moreover, the war in Yemen now threatens Somaliland. Iran has supplied – via Bossaso in Puntland – Yemen’s Houthi rebels with Russian SCUD missiles that put Somaliland within reach of the fighting in Yemen. Hargeisa is concerned that the Emirati troops stationed on its territory might be targeted by the belligerents on the other side of the Red Sea. But they are even more afraid of alienating the Houthis because Yemen is Somaliland’s second biggest trading partner after Ethiopia. It is even the primary source of dollars in Somaliland’s economy: Yemen buys 90 percent of Somaliland’s cattle, which it re-exports it to the Gulf states."
Fock sake .yemen buys Somali cattle and sells it to other Arabs .
 
IMG_1391.PNG
Mardhow Ayaatolaahi Khamarji

Waxaa lagu calama saari doonaa hergeisa

Silaanyo crew sidaa ayey ku danbeyn doonaan.:siilaanyolaugh:
 

Abdalla

Medical specialist in diagnosing Majeerteentitis
Prof.Dr.Eng.
VIP
What I said before.


"Moreover, the war in Yemen now threatens Somaliland. Iran has supplied – via Bossaso in Puntland – Yemen’s Houthi rebels with Russian SCUD missiles that put Somaliland within reach of the fighting in Yemen. Hargeisa is concerned that the Emirati troops stationed on its territory might be targeted by the belligerents on the other side of the Red Sea. But they are even more afraid of alienating the Houthis because Yemen is Somaliland’s second biggest trading partner after Ethiopia. It is even the primary source of dollars in Somaliland’s economy: Yemen buys 90 percent of Somaliland’s cattle, which it re-exports it to the Gulf states."

Interesting. Puntland playing smart by eating on the low without alienating their Yemeni allies. However according to Iran smuggles it through Oman http://www.reuters.com/article/us-yemen-security-iran-idUSKCN12K0CX

What I don't understand is why didn't SL play it smarter by demanding recognition as an exchange for the military base instead of money. SL leaders lack political acumen.
 
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