AHMED_GUREY
IB Veteran
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i don't what picture you have of my country
but let me show you some facts
World bank
Somalia flourished precisely because of the "world community’s" neglect.
In Somalia, "the very absence of a government may have helped nurture an African oddity — a lean and efficient business sector that does not feed at a public trough controlled by corrupt officials," wrote Peter Maas in the May 2001 issue of The Atlantic Monthly. Tele-communications, transportation, and shipping companies were organized up to provide services to the liberated private sector. Internet cafes have sprung up in Mogadishu. Private security firms helped businessmen protect their investments and property.
A recent World Bank study grudgingly admitted: "Somalia boasts lower rates of extreme poverty and, in some cases, better infrastructure than richer countries in Africa." This is almost certainly because it is not cursed with a World Bank-subsidized central government to siphon away the nation’s wealth.
http://www.thenewamerican.com/artman/publish/article_996.shtml
Somali Businesses Stunted by Too-Free Enterprise
By Ian Fisher
There are five competing airlines here; three phone companies, which have some of the cheapest rates in the world; at least two pasta factories; 45 private hospitals; 55 providers of electricity; 1,500 wholesalers for imported goods; and an infinite number of guys with donkeys who will deliver 55 gallons of clean water to your house for 25 cents.
What Somalia does not have is a government, and in many ways, that makes it the world's purest laboratory for capitalism. No one collects taxes. Business is booming. Libertarians of the world, unite
It is striking that Somalia, unlike many parts of Africa, has achieved this thriving business climate on its own, without the usual aid and advice from rich nations. They have all but disengaged from Somalia since the failure of the United Nations operation here in the early 1990's. Somalis have learned that they are pretty good at making money.
"It's entrepreneurism that's doing it," said Ahmed Abdisalam Adan, director of programs for Horn Afrik, Somalia's first independent radio and television station, established last year. "It's who has more creativity. It's who is willing to take risks. Before it was the government. The government could make you rich one day and poor the next
Tharwa Net-Watch
From the Chaos, It's a Business Boom in Somalia By Abdulkadir Khalif August 18, 2004
Suddenly, letters have started circulating in Mogadishu and other major towns in Somalia. They come from organisations and individuals trying to start business and telephone directories and other collections to provide condensed information for public use.
For many people, this sort of information circulation is a sign of the beginning of peaceful days. It is an indication that despite the anarchy, Somalia is bubbling with enough manufacturers, traders, companies, partnerships, civil organisations and even political factions that may be worth registration.
In the past, the socialist regime in Somalia used to portray private ownership and entrepreneurship as activities of bloodsuckers. It was cursed and discredited by all good socialist cadres who embraced Karl Marx's Das Capital, a copy of which was to be found on the desk of every policy maker. This new development must be an inverse image of the past.
If directories are published, service industries will certainly feature prominently. A galaxy of schools, colleges, telecommunication utilities, media firms, land, sea and air transporters will have to find space. Manufacturers must be thinking of how to capitalise on these opportunities. They will demand strategic pages where they can illustrate their products and feature their contact addresses.
Despite the insecurity, investors have dared to inject resources into a good number of small and medium-scale initiatives. Machines dotted all over the place churn out pasta, cartons, sponges, sweets, plastic materials, soft drinks, building materials and tools, paper and printing stuff, semi-processed leather and many other industrial and consumer goods. The cottage industry is thriving.
Those engaged in the agricultural and pastoral sector appear to be in a beehive of activity. Indigenous and newly introduced seeds are planted everywhere, giving markets all over Somalia a variety of foodstuffs, fruits and vegetables as well as meat, mainly camel.
Bari region in the far northeastern portion of Somalia used to be classified as an agriculturally unproductive region. Nowadays, however, people in that largely harsh environment are striving to get the most out of the earth by growing crops along dry riverbeds and pumping water from previously inaccessible rocky areas and freshly dug wells for irrigation.
Who could imagine Bossaso town obtaining a reasonable supply of fruits and vegetables from its surroundings? Bulo Burte district in Somalia's central region is experiencing a glut of onions - it can supply the region and across the border to Ethiopia and Djibouti. Even though the success story was a mere fantasy only a decade ago, dealers are beginning to complain of oversupply, crashing prices, with direct effect on profitability.
Wars and serious conflicts are not the only factors affecting farmers and animal herders. The legendary bananas from Juba and Shabelle river basins cannot effectively reach supermarkets in Italy and the Gulf States. Ships loaded with thousands of livestock do not sail from Somali harbours as frequently as they used to. An years-old ban has been hindering these goods from reaching those who cherish them.
Import and export is a booming business. Traders are doing whatever they can to get hold of useful stuff that can sell abroad. Neither traditional nor non-traditional commodities are spared. Even markets for scrap metals that litter all over the place are to be found, especially old military gear and other devices wrecked during the civil war.
The import sector is the most interesting. Town dwellers all over Somalia cannot complain of a shortage of commodities as adroit traders have managed to fill stores with all sorts of goods. Sugar from Brazil, toys from Thailand, trinkets from India and even shotguns from Ukraine all compete for buyers in Mogadishu and elsewhere.
Trade between Somalia and other countries has multiplied. Some people even estimate that the trade volume is so huge that it could be considered one of the biggest in the Horn of Africa, outdoing more politically stable countries such as Kenya and Ethiopia.
Sceptics say Somali traders have become so profit driven as to compromise all values. Environmental and public health concerns have been raised, especially due to deforestation. The prevalence of strange diseases is assumed to be due to consumption of substandard, imported foods and drugs.
In the absence of law enforcing institutions to safeguard investor rights, joint ventures have been founded based on trust. It seems unimaginable that as many as 600 investors could pool their capital in order to initiate and run a single or a chain of businesses. It is not unusual to hear radio announcements calling shareholders for a meeting or news of a company management declaring payment of dividends. But beneficiaries tend to hide their huge income, fearing kidnappers.
Minarets of mosques generally greet visitors to Somalia's urban areas, but in these days the sight of communication transmitters of the shape of Paris's Eiffel Tower is becoming quite common. They are the product of intense competition among telecommunications and media companies who want to send and receive signals through the airwaves.
Business Attraction in Puntland, Somalia
Bossaso city has become a magnet for foreigners who want to invest in Africa. This week alone, there are about half a dozen business people representing Chinese and South Korean corporations in the city. These representatives and others who frequent Puntland want to invest in the region and expand their business to this part of the world. Interested people include wealthy business men from the Middle East.
Puntland (North Eastern Somalia) has not been touched by the country’s civil war and has remained stable after the fall of Somalia’s central government in 1991. It lies on the tip of East Africa and borders Indian Ocean and Red Sea.
in many parts of Somalia, electricity lights up the streets at night (a service sadly lacking in most of neighboring Kenya), while the mobile telephone network is the cheapest in East Africa, and one of the continent's most competitive.
Somalis from the diaspora remit funds into Somalia at a lower cost and faster rate than most other money transfer services worldwide, both formal and informal. A Somali's $250 sent from Galveston, Texas, for example, will arrive at the door of her mother's house in Galkaayo in northeast Somalia 12 hours later, and the transfer fee will be lower than that charged by Western Union or Citibank.
Mogadishu has schools providing elementary, secondary and even tertiary education, as well as television stations, hospitals and medical clinics and even a Coca-Cola bottling plant. Hargeisa has car insurance, Internet cafes, hotels and restaurants, and several Somali airlines operate scheduled services throughout the country. All are private, Somali-run businesses.
Somalia has not fallen into the abyss since the state collapsed precisely because of the efforts of Somalis themselves - both in the diaspora and in Somalia.
NO AIDS PANDEMIC!!
By STEPHANIE NOLEN
Monday, July 25, 2005
XUDDUR, SOMALIA -- They have posters. They have training manuals. They have wipe-off markers. The only thing that the earnest band of AIDS educators in this Somali town don't have is, well, any people with AIDS.
At least none they know of.
The breadth of the AIDS pandemic has led to the idea in the West that the entire continent is ravaged by the disease. But Somalia -- isolated for 14 years since the civil war began and populated by devout Muslims -- has an infection rate of perhaps only 1.5 or 2 per cent of the adult population.
Its isolation has helped to keep the infection rate one of the lowest in Africa at a time when countries to the south are reporting infection rates of 40 per cent of the adult population
TRADE BOOM
The stabilisation of Mogadishu after Islamist leaders ousted US-backed warlords has dealt a blow to pirates and given a boost to business in the Horn of Africa nation, a prominent Somali businessman said.
"We never had business like this before," Abdulkadir Nur, who manages the strategic El Maan port just north of the Somali capital, said as six ships from Dubai unloaded wood, sugar and cooking oil on the beach behind him.
A bustling, natural port with 10,000 workers and an annual discharge of some 300,000 tonnes of food, El Maan’s facilities are an object lesson in Somali ingenuity. A single, floating pipe offloads oil from a tanker just a few hundred metres offshore. Further down the beach, barges bulging with wood, sacks of sugar, and cooking oil containers ferry backwards and forwards from waiting ships.
Source: Reuters, June 18, 2006
SoSh(Somali Shilling)
the SoSh's stability is reflected by the fact that in parts of neighboring Ethiopia the SoSh is more extensivly used than Ethiopia's own currency
2003 :144) In fact prior to the last large monetary injection in Somalia in march 1999 and in 2000 the SoSh showed greater stability than the currencies of Ethiopia and Kenya from 1996 february to 1999 the SoSh depreciated against the US$ only 12.14% Between 1996-1999 the Kenyan shilling lost 32.55% against the US$ and the Ethiopian birr depreciated against the dollar 26.58% -Peter Leeson "better of stateless"AIRLINES
1# Daallo Airlines
It may surprise you that we have been around for over 12 years. The company has grown from humble beginning with one Cessna aircraft in 1991, to become one of the largest flights network in Africa. Daallo Airlines is nominated as one of the show case success stories in Africa by Mr. Fick, David S, in his book of "Entrepreneurship in Africa: A study of Success".
2# Air Somalia
3# Inter Somalia
4# Jubba Airways
5# Somali Airlines
Future projects
The Horn of Africa Free Zone Authority, will be constructing a free port on the peninsula Hafun. On the map of Somalia, Hafun is that body of land which doesn't look like its part of the land mass that is Somalia but is extending outwards from the Puntland area. The group is currently putting the concrete and the basic foundation of this future city. It is 200 square miles, enough for major hotels, beaches, or other buildings to be created. Seeing that Somalia will become a likely in let for business with the African continent, Hafun seems like an unbeatable investment. HAFZA will be publically traded on the Toronto Stock Exchange (TSX).
the new mega complex of the mogadishu university that's being build right now
http://www.webometrics.info/top100_continent.asp-cont=africa.htm
Somalia has three universities in the top 100 one surpassing Ethiopia Sudan and Ghana
home grown doctors,professors,engineers,physicians,teachers,nurses
we do everything on our own no DO THEY KNOW IT'S CHRISTMAS OR LIVE AID b.s
somalis are born entrepreneurs
somalia today is experiencing the worst drought in 40 years if you going to criticize them for asking international help then you should also criticize the asian countries with governments that asked for aid during the Tsunami disaster
somalis did the impossible they prospered
when it comes to communications systems somalia is more advanced than ethiopia and kenya
when it comes to trade Somalia's trade network is considered the biggest in the horn of africa
Somalia is attracting foreign investors from all over asia
Somalia's university surpasses Ethiopia Sudan and Ghana
Somalia's private sector is building schools hospitals and roads
Somalia's daallo airlines has become one of the biggest flight networks in africa
Somalia's currency is more stable then the ones from Kenya and Ethiopia and is even used more frequently in those countries
Somalia thanks to the beautiful religion islam doesn't have a aids pandemic so you won't have the situation where a whole generation is missing because of that disease
Somalia's prosperous diaspora annually pomp 2 billion$ into somalia
The same diaspora is also creating new business connections in different continents for somalia
no wonder our brothers and sisters in Ogaden want to be part of somalia
no wonder thousands of ethiopians are now heading for bossaaso seeking refuge from the tyrant regime of meles zenawi
somalis are born entrepreneurs and they succeeded without a government or international aid
masha-allah
i love my country it's beautiful
masha-allah
