Water prices in Mogadishu skyrocket due to unionization monopoly. Electricity is soon to follow

[Pastoralist]

A healthy economy has competing prices. This union forced a price increase and has total monopoly. This needs to be taken to the Supreme Court.

 

[FBIsomalia]

A healthy economy has competing prices. This union forced a price increase and has total monopoly. This needs to be taken to the Supreme Court.

Thanks allah we have separate power plan .

 

[Pastoralist]

Thanks allah we have separate power plan .

Blatant corruption passes by so casually

 

[Sup]

A healthy economy has competing prices. This union forced a price increase and has total monopoly. This needs to be taken to the Supreme Court.

Good,
More companies will open due to this monopoly. As you implied, healthy competition is needed in order for growth.

Same thing has happened around the world, and look at the effects of those monopolisations taking place.

 

[Kizaru]

Somalis need to not allow monopalisation. Those very large telecom companies shouldn't be allowed to own all the market share. It will be a disaster in the future

 

[Pastoralist]

Good,
More companies will open due to this monopoly. As you implied, healthy competition is needed in order for growth.

Same thing has happened around the world, and look at the effects of those monopolisations taking place.

Your positive takeaway is welcomed, it just doesn’t spell good when healthy competition will be shut down by a singular conglomerate which decides all prices. Other water companies that want to offer cheaper sources will be a thing of the past

and another thing, unionized places should naturally be cheaper, so as the person here showed, their electricity bill was above what they expected, the union has outright failed it’s sole purpose.

 

[IKHALIIL]

Another win for hormuud

 

[Avalanche]

Capitalism is evil

 

[Bahal]

It's not a union of employees, it's a cartel

 

[Sup]

Your positive takeaway is welcomed, it just doesn’t spell good when healthy competition will be shut down by a singular conglomerate which decides all prices. Other water companies that want to offer cheaper sources will be a thing of the past

and another thing, unionized places should naturally be cheaper, so as the person here showed, their electricity bill was above what they expected, the union has outright failed it’s sole purpose.

Their hold on the market won’t last forever sxb, what Somalia needs is outside investors sitting up shop. This along with the current domestic supply will catapult the economy dramatically. In order for that to happen, peace must first be restored inshaAllah.

 

[Burqad]

A healthy economy has competing prices. This union forced a price increase and has total monopoly. This needs to be taken to the Supreme Court.

Bad English , It’s a cartel , not a union