Somaliland is targeting Ethiopian imports which is a market of 100 million people.If some Somalis refuse to use Berbera then it doesn't make a difference
The somaliland economy is being monopolized and the authorities really need to fix this up for it to grow. A reliance on a few big companies spells disaster in the future. FREE MARKETS ARE THE WAY.
This government is tryna turn the country into another Djibouti. This exhibits a slow march to autocracy because a monopolized economy and small economic elite is easier to control. For economic development they must ensure competition and as many economic players which only strengthens our recognition ambitions.Indeed that is why Puntland has a higher gdp per capita among its residents than Somaliland. Were's in Sland only few fat cats are getting rich.
This government is tryna turn the country into another Djibouti. This exhibits a slow march to autocracy because a monopolized economy and small economic elite is easier to control. For economic development they must ensure competition and as many economic players which only strengthens our recognition ambitions.
Competition should absolutely be celebrated between SL and the somali regions, it will only strengthen each other.Everything has been monopolized in Somaliland even the right to import fuel. Bosaso even though it is located far up north has kept up with Berbera which is the larger port because it is the cheaper fee and with more roads being build there will be even bigger competition.
You took the words str8 out of my mouth!This government is tryna turn the country into another Djibouti. This exhibits a slow march to autocracy because a monopolized economy and small economic elite is easier to control. For economic development they must ensure competition and as many economic players which only strengthens our recognition ambitions.
We just need to tax them , foreigner taxWe welcome walalaha somaliyeed from SL to use Bosaso Port
What roads are being build? Who is paying for it?Everything has been monopolized in Somaliland even the right to import fuel. Bosaso even though it is located far up north has kept up with Berbera which is the larger port because it is the cheaper fee and with more roads being build there will be even bigger competition.
Puntland has had far bigger projects than a 6 million dollar road but this is thread is about businessmen in Somaliland go play fetch somewhere else.What roads are being build? Who is paying for it?
Wasn't the second biggest project to be implemented in Puntland in the past 25 years and reported to cost 6 million,sponsored by the EU through Germany based organisation,GIZ littered with corruption and malpractices?
Source 17/11/2016:https://www.garoweonline.com/en/new...s-eu-funded-road-project-marred-by-corruption
Who in their right mind would invest in such a huge project again from a goverment that is untrustworthy and volatile? Isn't the reason why you got that Italian mafia guy from P&O Heritage instead of DP World because of your incompetence and corruption?
I was asking a legitimate question.Who in their right mind would invest in such a huge project again in your broke tuulo with a goverment that is untrustworthy and volatile?Puntland has had far bigger projects than a 6 million dollar road but this is thread is about businessmen in Somaliland go play fetch somewhere else.
An already rich class use the port for exports it has minimal impact on them, whatever is levied on them they will put the burden on the poor class.Competition should absolutely be celebrated between SL and the somali regions, it will only strengthen each other.
SMEs should become the backbone of the economy especially to create and bolster the middle classes, because having a gilded elite and a bunch a poor people ultimately makes everyone poorer.
More malls and restaurants won't improve the economy if most of people can't afford them and to cater to the small elite and diaspora isn't a sound business model
Djibouti only has a few industries, the problem with Somaliland is the possible future industries have already been privatized to the upper class before exploitation. Whether it's mineral, oil and fuel.And we know how Djibouti ended up. Majority of the residents there live in poverty with high living costs.
This government is tryna turn the country into another Djibouti. This exhibits a slow march to autocracy because a monopolized economy and small economic elite is easier to control. For economic development they must ensure competition and as many economic players which only strengthens our recognition ambitions.
And we know how Djibouti ended up. Majority of the residents there live in poverty with high living costs.
Don't compare Djibouti which was an independent nation for more than a half a century yet their GDP is 1.7 billion USD compared to that of an isolated unrecognized de facto state Somaliland which has a GDP of 2 billion USD.Djibouti is a joke far worse than Somalia.Djibouti only has a few industries, the problem with Somaliland is the possible future industries have already been privatized to the upper class before exploitation. Whether it's mineral, oil and fuel.
Privatization is good generally however this smells of corruption. A silverlining is that they won't be state-run companies, which in Africa especially, are dangerously at the mercy of autocrats and corruption.Djibouti only has a few industries, the problem with Somaliland is the possible future industries have already been privatized to the upper class before exploitation. Whether it's mineral, oil and fuel.