YaxaaS

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Posts posted by YaxaaS

  8. Posted

    10 minutes ago, maakhiri1 said:

    Let us do some maths, how many Slers go to China and do business???,  and how many get their goods for  Berbera and goods that goes to Wajaale, I have been to China , loads of business going to Wajaale.

    Everything in SL, is from China, Everything that passes through is from.China, 

    Ma maqashey, meeshi labo maroodi ku dagaalamaan, cawska uun baa ku burbura, learn some lessons from genius Ina Omar Gheele,  he houses both China n US.

    From 2014 to 2016, Djibouti’s external public debt-to-GDP ratio ballooned from 50% to 85% with most of that debt owed to China. Today, that figure has skyrocketed to more than 100%.

    Lesson learned,

    Look on the bright side Somalia houses all manor of the rainbow coalition, and its a beacon of well something. 

    Made in Taiwan has a ring to it. Glad you have been to China though

     

     

    • Haha - That was funny. You made me laugh! 1

  9. Posted

    Where inspiration dies along with its people, imitation thrives it seems.  Blimey just recently, I remember seeing an edited video of the  Berbera Corridor being claimed as the Afgooye road. Next the new Berbera Airport will be dubbed the Baraawe Airport ver2.1 and the expanded Berbera Port will be Hobyo Port.  

     

     

     

     

     

    • Haha - That was funny. You made me laugh! 1

  20. Posted

    1 hour ago, Tallaabo said:

    This is a really good business in the right place at the right time, however it is not a cement plant which is the real deal here. A major cement plant in Berbera area together with a steel plant can do a lot to accelerate the economic growth of the country. We need to lay the foundations of strategic industries which can kick start industrialisation and economic development. These industries include the two I have already mentioned plus energy generation (the most important one now), light industries, logistics, mining, agro industries, fisheries, banking and finance, telecommunications and IT, consumer goods, travel and tourism, and hospitality. We have sufficient funds to develop all these industries but what we lack are local investment banks where the savings of our hardworking people could be put to use. 

    Always wondered we don’t invest more in solar and wind farms across the country. This is a 7 Megawat solar farm funded by UAE in Berbera.

    Still reliant on donor funding it seems. But as technology brings the cost of these solutions down should encourage small scale business people to invest. 

     

    • Thanks 1

  21. Posted

    1 hour ago, Timacaddeh said:

    I'm surprised how undercover it's all been done. That is a good thing, as it means no politicization of a business venture. Great work.

    With the amount of constant building that is happening in Somaliland, this factory should make a killing. To your point re: the Corridor, that should mean even more revenue to be generated by this company. With that also comes further tax revenue and that is how you very quickly create a business multiplier.

    I agree, but you can tell from the video the owner seems to be complaining a little about an unregulated market, in which his company is taxed and his 'competitors' (anybody with a bulldozer or two) are not.  Let’s be honest he doesn’t have any competitors (at the moment), and he probably is getting taxed more than the local upstarts which the government is trying to encourage /support, but the market does need time to mature and the vice president checked him a little by saying don’t air your laundry in public which is something we have become experts in of late!

    I knew about the plant, but I wrongly assumed it belonged to the Abu Dhabi contractors who are constructing the road. One thing is for sure though; they are firing on all cylinders as the pace of the corridor construction has picked up in weeks. This company has hit the jackpot, and good for them as  fortune favours the brave. Imagine if they offered shares. Not every one has millions of dollars, but as a collective anything is possible. 

    A fisheries company next in Xiis or Maydh?

  23. Posted

    31 minutes ago, Timacaddeh said:

    Wow, I didnt even know this had happened!! Congratulations to the man and the company who accomplished this. @YaxaaS any idea who the Somalilander who owns this company is? must be a wealthy fellow.

     I honestly dont know who he is, but he has the spirit of what we were talking about, get up and go, put your money where your mouth is and so on.  We've gone past the point of expecting the government or Dahabshiil or Indha Deero etc to do everything. Imagine the potential of that concrete plant being located perfectly for the corridor and port expansion genius! Ask not what your country can do for you and all.

  25. Posted

    On 6/24/2020 at 9:49 AM, Tallaabo said:

    This only proofs that all the successive governments in Somaliland never had the economic development of the country as a top priority. During Silaanyo's term Dahabshiil wanted to rebuild it but a certain clan in Saaxil came out in force and stopped it!! I don't blame the clan at all as there is a lot of rivalry and suspicion amongst our people but the Silaanyo's government and those before him should have developed a national investment bank where any investor in the country could deposit funds and buy shares in any publicly owned business enterprise in Somaliland. That way we could have had not only the cement factory rebuild but also developed many other industries including power production, steel, mining, agriculture, fisheries, consumer goods, etc, growing the economy and reducing unemployment in the process. 

    Voila !

     

    • Thanks 1