Carafaat Posted May 28, 2013 xiinfaniin;956056 wrote: ^^LOL Waa ciyaar waxani nimanyahow ee naga daaya. This is a confidence building exercise between Mogadishu and Hargeysa Even in a thread about Somali Reconstruction and Investment they manage to turn in to a thread to fuel bitterness about Jubbaland. Quote Share this post Link to post Share on other sites
Daqane Posted May 29, 2013 Shirweynaha dib u dhiska iyo Maal-gashiga Soomaaliya oo Maanta si Rasmi ah uga furmay Magaalada Nairobi Talaado, May 28, 2013 (HOL) — Shir ay kasoo qaybgaleen wufuud kakala timid caalamka oo isugu jira ganacsato,siyaasiyiin iyo shirakado Soomaali ah iyo ajaanib leedahay ayaa ka furmay magaalada Nairobi ee xarunta dalka Kenya. Shirkan oo ay soo qabanqaabisay hay'ada Hanvard qaybteeda qaarada Afrika ayaa loogu magacdaray maalgashiga Soomaaliya. Waxaa qabanqaabiyayaasha shirkan ay ku tilmaameen in ujeedkiisu yahay dib u dhis iyo maalgashi ballaaran oo laga sameeyo Soomaaliya, loona gogol xaaro sidii ay dalka u maalgashan lahaayeen shirkadaha ajaanibta iyo kuwa maxalliga ahba. Safiirka Soomaaliya u fadhiya dalkan Kenya oo furay shirka ayaa ku tilmaamay soo qabanqaabiyayaashii inay dalkooda wax wayn u qabteen dawlada Soomaaliyana ay garab taagantahay qorshaha lagu doonayo in lagu maalgashado Soomaaliya. "Soomaaliya waxay diyaar u tahay inay soo dhaweyso cidwalba oo doonaysa, inay maalgashi ka samaysato" ayuu yiri Cali Ameeriko. Ambassador Maxamed Cabdi affey oo jagooyin kala duwan kasoo qabtay dalka Kenya oo isagu hogaaminayay qaybtii koowaad ee shirka ayaa ku tilmaamay Soomaaliya inay tahay waddan istiraatiji u ah ganacsiga iyo maalgashiga gobolka. "Soomaaliya maantay waxay gashay marxalad cusub, waxayna diyaar u tahay inay u fududeeyaan cidwalba oo doonaysa inay halkaa ka samaysato maalgashi, waxaanan ku boorrinayaa dadka Keenyaanka ah inaan fursadaas looga hormarin" ayuu yiri Affey. Maxamuud Axmed Xasan Wasiirka Ganacsiga iyo Warshadaha Soomaaliya oo isna kulankaasi ka hadlay ayaa sheegay in bogga cusub ee Soomaaliya ay bilowday inuu yahay mid rajo wanaagsan u xambaarsan gobolka iyo wadamada caalamka. "Soomaaliya waa waddan xudun u ah ganacsiga gobolka iyo caalamkaba, waxayna maalgashiga dalkeenu noqonaysaa mid ay ka faa'iidaan dhammaan shirkadaha caalamku" ayuu yiri wasiirku. Wasiirka arrimaha dibadda ee Soomaaliland Maxamed C/laahi Cumar oo khudbad ka jeediyay shirweynaha maalgashiga Soomaaliya ayaa ka sheekeeyay fursadaha ballaaran ee maalgashi ee ka jira Soomaaliland. "Somaliland labaatan iyo labo sano ayay ku jirtay xasillooni buuxda, waxayna soo dhawaynaysaa cidii doonaysa inay maalgashadaan dalkeena" ayuu yiri Maxamed C/laahi. Safiirka dawlada ingiriiska u jooga dalka Soomaaliya Ambassador Matt Baugh oo shirkaasi ka hadlay ayaa isna ku tilmaamay dawlada ingiriisku inay tahay saaxiib ay Soomaaliya leedahay, isagoo tusaale u soo qaatay shirkii London ee dhawaantan dhacay iyo furitaanka safaarada Britain ee magaalada Muqdisho oo ahaa tallaabooyin lagu taageerayay shacabka iyo dawlada Soomaaliyeed. Xassan Nuur oo ah madaxa hay'adda Hanvard qaybteeda Afrika oo hay'adoodu ay shirkan qabanqaabisay ayaa sheegay in kasoo qaybgalka ballaaran ee shirka ay muujinayso in lagu guulaystay ujeedkii shirka oo ahaa in la isu keeno dhammaan dadka uu khuseeyo maalgashiga iyo dib u dhiska Soomaaliya. "Dhammaantiin waad ku mahadsantihiin imaanshihiina, shirkaani wuxuu tusaale u yahay horumarka dhaqaale ee aynu doonayno inaanu dalkeena gaarsiino, waana guul" ayuu yiri Xassan. Shirkan oo socon doona ilaa iyo maalinta barri ah ayaa lagu soo bandhigay shirkado kala duwan oo doonaya inay dhawaan ka hawlgalaan Soomaaliya, kuwaasoo soo bandhigay qaar kamid ah adeegyadooda iyo badeecadaha ay iib geeyaan. Axmed C/samad, Hiiraan Online asamad@hiiraan.com Nairobi, Kenya Quote Share this post Link to post Share on other sites
Daqane Posted May 29, 2013 Somalia talks reforms in bid to woo foreign investors The Hanvard Africa CEO Hassan Noor speaks during a media briefing investors have come face-to-face with weak investment laws and the lengthy process of obtaining visas and work permits in their pursuit of opportunities in Somalia. Industry players said expanding operations to Somalia required paying a Sh4,000 ($50) visa fee per worker, spending days to obtain work permits, and putting money in a regime with no clear capital transfer guidelines. “While there is no question regarding our excitement to take part in Somalia’s reconstruction, these concerns need to be addressed to boost trade,” James Mureu, the Mombasa chapter chairman of the Kenya National Chamber of Commerce and Industry told a Somalia investment forum in Nairobi yesterday. The investors attending the first Somali Reconstruction and Investment Conference (SORIC), which ends Wednesday, called for clear regulation to protect foreign investments and allow firms to repatriate profits. They also want the newly installed government and donors to spell out their development priorities to guide long-term investments. Somalia has in recent months joined its neighbour Somaliland in an aggressive search for foreign investors since a joint Kenya Defence Forces and African Union mission forced out Al-Shabaab militia to end 22 years of statelessness. On Tuesday, top Somalia officials invited Kenyan investors to put money in the country’s hydrocarbons, construction, food processing, and tanning industries. Other areas that require immediate inflow of foreign capital included tourism, insurance and mining industries, said Mahmud Ahmed Hassan, Somalia’s commerce and industry minister. Kenya, which bore the brunt of 20 years of lawlessness in its neighbour, stands among the likely drivers of its reconstruction. “Foreign investors will only feel free to invest in a liberalised economy where the laws regarding movement of capital is certain,” said Alec Davis, CEO of Davis & Shirtliff, a supplier of water equipment which on Tuesday signed a partnership with Hanvard Africa to expand to Somalia. However, Mr Davis warned those eying Somalia to initially prepare for high costs and low returns in line with experiences with other countries emerging from prolonged civil strife. Somalia applied for membership to the East African Community last year in a move aimed at forging closer diplomatic ties with neighbours and to ease current travel and immigration restrictions. At the conference Somali traders criticised the EAC governments for restrictive border rules in East Africa. “The $50 visa fee that EAC citizens pay to enter Somalia is a luxury compared to the screening and difficulty in obtaining the travel documents that a Somali faces in the region,” said Hassan Noor, CEO of Hanvard Africa. Somalia is a key destination for Kenyan goods, accounting for Sh19.2 billion of the Sh517 billion exported last year compared to EAC partner states like Rwanda and Burundi, which absorbed goods worth Sh16 billion and Sh5.3 billion in 2012 respectively. Mohamed Ali Americo, Somalia’s ambassador to Kenya, said the number of investors enquiring about opportunities in the country had increased significantly in recent months. “The Somalia I know today is far from the one we entered into two and half years ago,” said Noaman Akram, Country Manager of Sima Marine (K) Ltd, a shipping firm. “We already have several container terminals in Mogadishu because Somalia is where our future focus is.” On Tuesday, the Somali officials said the government would prioritise regulatory reforms including an investment legislation and an incentive structure in its bid to attract foreign capital. “We have made important steps in making our investment climate favourable but a lot more are coming up in terms of regulatory reforms and development of infrastructure,” said Somalia foreign affairs minister Mohammed Abdullahi Omar. The forum comes two weeks after the London Somalia Conference organised by the British Foreign and Commonwealth Office. The London conference, which was also attended by President Uhuru Kenyatta, saw the British government along with other Western governments pledge £200 million (Sh25.4 billion) to help rebuild the country. omondi@ke.nationmedia.com Quote Share this post Link to post Share on other sites
NGONGE Posted May 29, 2013 malistar2012;956077 wrote: How does feel to behind Somali Flag you traitor About the Conference and Exhibition » As Somalia and Somaliland looks to build a secure and prosperous future, the first Somali Reconstruction and Investment Conference and Exhibition (SORIC), will be held in Nairobi, Kenya on 28-29 May 2013 at the Kenyatta International Conference Centre. This ground breaking event will be the first of its kind to bring together key policy makers from the Government of Somalia and Somaliland , top decision makers from international and regional development organizations, and participants from the public and private sector. It is the only event of its kind fully endorsed by the Federal Government of Somalia and supported by the Ministry of Trade, the Somali Chamber of Commerce and Industry, and the Kenya National Chamber of Commerce. The bald one knows what he's doing, Mali. Quote Share this post Link to post Share on other sites
Daqane Posted May 29, 2013 Text of speech given by the Somali-land foreign minister at the SORIC conference Nairobi... Somaliland’s minister of foreign affairs Dr. Mohamed Abdilahi Omar is currently in Nairobi, on official duties pertaining to UN protocols discussions participate at the on-going business and investment promotion conference organised by a Somaliland-registered company, Hanvard, and attended by Somaliland, Somalia and Kenya officials and business companies at the at the Kenyatta International Conference Centre. Below are verbatim excerpts of a speech delivered by Dr Omar at the Soric Investment Conference Excellencies, distinguished guests and ladies & Gentlemen, it is a great pleasure to deliver an opening speech at this regional investment promotion conference on behalf of the government of Somaliland . First of all, I would like to thank Hanvard Africa for organising this conference, and the Kenyan Chamber of Commerce for supporting it. The Somaliland people have witnessed a great deal of progress over the last 20 years of self-governance. Peace has been restored through our own efforts, democratic systems have been established and have continued to evolve after five successful elections at the presidential, parliamentary and local government levels; and professionalised security forces protect the population from terrorism, and organised crime. Now that the foundations have been put in place, it is time to build on these achievements by using foreign direct investment and local capacities to promote economic growth and job creation. The present moment is full of promise for Somaliland’s economy. Somaliland has recently welcomed the New Deal for Engagement in Fragile States, which will inaugurate a new partnership between donors and the government that better responds to the needs of the population. The UK-DANIDA Somaliland Trust Fund, due to become operational within a few months, has provided a unique mechanism for government-led development, combining government management of funding with donor oversight. Various foreign governments have shown interest in contributing to this fund. Somaliland has deepened its economic engagement with foreign governments, both within the region and beyond. With Ethiopia, Somaliland has intensified two-way trade, cooperated over use of the Berbera port, and is engaging in negotiations to finalise their first official bilateral strategic cooperation agreement. Djibouti has invested heavily in Somaliland’s economy, including investing roughly $15 million in a Coca Cola factory last year. Somaliland has used diplomacy to help facilitate FDI from Turkey, the UAE, Egypt and China into Somaliland’s key sectors such as livestock and fishery. Berbera port is a strategic hub for trade between the Middle East and Africa, and the feasibility studies have already been undertaken for the development of the Berbera port and corridor. • Government economic policy and successes Somaliland Seeks to channel public investment and donor support to building institutions, infrastructure, social services and macroeconomic foundations that are conducive to foreign investment, international competitiveness, job creation and sustainable growth. The private sector accounts for 90% of Somaliland’s GDP, and the Government understands that the private sector has a role to play in both partnering with the public sector in performing the functions of the state, and stimulating and propelling economic development. The Somaliland government has fostered an environment where private and donor funds can make a great impact, and in which our government shares in the responsibility of development activities. Thanks to stringent public financial management, increased tax revenue and more safeguards against corruption, Somaliland’s 2013 budget is the largest and most balanced in its history. Moreover the government has no debt. Our children receive free primary education; we are expanding medical services and water distribution in urban and rural areas; and our mobile banking and money transfer industries have allowed for commerce to flourish. Economic successes, investment climate reform and investment opportunities Somaliland is an internationally competitive exporter of livestock. Livestock exports account for around 60% of Somaliland’s national income, chiefly to the Gulf States, but great potential exists for Somaliland to capture further global market shares and stages of the value chain. For example, there is scope to build a tanning and leather industry which will exploit the 6.9 million pieces of hides and skins which Somaliland produces annually. We have a fishery sector whose potential annual sustainable production is estimated at 40,000 tons. Through new technologies, drought-resistant crops, better practices and research, Somaliland’s agriculture industry can take off. Somaliland’s deposits of oil, gas and coal are attracting the attention of international investors, and agreements have been reached with Genel, DNO, Ophir and others over exploration and production rights. These contracts show investor confidence in our country’s stability, and point to a bright future in which oil revenues can help drive economic growth and provide benefits to the people. There is also huge potential for renewable energy. Pilot projects in wind and solar energy are underway, and the legal environment is being reformed to better regulate the sector and protect investors. Somaliland also has large proven deposits of minerals including gypsum, gold, iron, lead, and quartz; and gemstones such as emeralds, rubies, garnets, sapphires, aquamarines and opals. The services sector will be enhanced by the new fibre optic cables which are being laid between Somaliland’s major cities and towns, which also provide connectivity with the outside world. This new infrastructure will revolutionise the way in which business is done in our country, and provide new opportunities, including in financial services. In the past few years, information on Somaliland’s business environment has grown exponentially. USAID has worked with the Ministry and Chamber of Commerce to publish a business confidence survey and will soon put out an investment guide; the World Bank has produced a report mapping out Somaliland’s business regulatory framework; and the Chamber of Commerce has developed a business directory. Soon, Somaliland will host its third annual trade fair bringing together foreign and domestic investors and businesses. Such information is crucial in helping investors discover opportunities, especially in the export-oriented industries. Somaliland is reforming its once cumbersome regulatory framework to better promote investment. An Investment Climate Unit has been established within the Ministry of Commerce to streamline business registration. Important legislation—such as the Foreign Investment Law, Islamic Banking Law, Central Banking Law, Electrical Energy Act, and Commercial Banking Act—have either been passed or are making their way through parliament. And new private sector consultancies are helping to facilitate and manage partnerships between foreign investors and local businesses. Diaspora are returning in large numbers and are setting up businesses, investing in projects and real estate, and sharing their knowledge and experience with the private and public sectors. New diaspora-led initiatives are finding creative ways to compensate for the lack of a formal commercial banking sector by forming partnerships with innovative financing vehicles, and business development services have proliferated to support the growing small and medium-size enterprise sector. Separate business matching grant initiatives have been initiated by USAID, the World Bank and SIDA, and many viable Somaliland businesses have received funding or shown interest. While youth unemployment remains worryingly high, the country’s government, civil society and private sector are working together to help encourage job creation. A new generation of skilled youth are graduating from universities, several of which are satellites of established universities in Ethiopia and Kenya. The Ministry of Labour is working with ILO on an upcoming employment conference; while other NGOs and youth organisations are carrying out job fairs, youth entrepreneurship contests, cell phone-based employment matching and vocational training sessions. While these measures are important, only sustained national economic growth will provide decent livelihoods for the majority of Somaliland’s youth. Conclusion Somaliland has made many impressive gains in creating a favourable investment climate, but more international donor and investment support is needed. A main priority is infrastructure, including technical schools, hospitals, sports stadiums, energy generators, irrigation dams, mobile courts, police stations, research centres and roads. But the main obstacle to major foreign direct investment has been ignorance of Somaliland’s well-established peace and stability as well as its economic potential on the part of international investors. Somaliland is at a much more advanced stage of development and investors and donors must acknowledge this reality. The start of new investment into Somaliland has shown that these attitudes are beginning to change, and my Government welcomes investors to come and see for themselves the unexplored and untapped opportunities that our country has to offer. Dr. Mohamed A Omar Minister of Foreign Affairs & International Cooperation Republic of Somaliland About the Conference and Exhibition » As Somalia and Somaliland looks to build a secure and prosperous future, the first Somali Reconstruction and Investment Conference and Exhibition (SORIC), will be held in Nairobi, Kenya on 28-29 May 2013 at the Kenyatta International Conference Centre. Quote Share this post Link to post Share on other sites
Daqane Posted May 31, 2013 How Kenyans are angling for a piece of Somalia’s rebuilding Standard Friday, May 31, 2013 More Kenyan companies are forging business ties with Somalia as rebuilding of the war-torn country gathers momentum.They want to take leading role in its reconstruction as world powers scramble for the resources and opportunities in the country. Somalia has faced civil strife for the last three decades with State security agents and international forces battling armed militia across the vast nation. The Horn of Africa nation had also been held at ransom for several years by pirates just off its coastline. In a report dubbed “Pirates of Somalia: Ending the Threat, Rebuilding a Nation”, released in April, the World Bank estimated that piracy off the Somali coast cost the global economy an estimated $18 billion (Sh1.494 trillion) annually. Such security lapses have made it difficult for both local and international firms to do business, degrading its infrastructure. Today, the world’s commitment to rebuild Somalia presents vast business opportunities in various sectors such as education, infrastructure, mining, fishing, energy and banking. Joining the bee-line by India and Djibouti, are several Kenyan companies. Data from the European Union on Somalia’s bilateral trade patterns indicates that Kenya is the third largest import partner for Somalia after Djibouti and India. Key trade partner In 2011, Somalia imports from Kenya amounted to Euros 81 million (Sh8.8 billion). This surpassed imports from China, Egypt and the United Arab Emirates, UAE. “ Somalia is ripe for investment and for us we are intent at making it the tenth country within which we establish a strong presence,” said Mr Benson Kanyuru, Davis & Shirtliff Somalia country manager. The company, which deals in water and energy solutions is planning to set up a regional office in Somalia by next month. It is confident there is enough business potential to make the move commercially viable. “ Somalia has white sandy beaches which will be prime for resorts and hotels like we have in Malindi,” he explains. In addition to the provision of water services, the company is also hoping to reap big with its solar powered street lamps ideal for the nation. Athi River Mining is also angling for a share of the pie. The company plans to supply steel and metal works that will be used in the construction of buildings, roads and bridges. “We are starting with establishing trade links before we set up a physical presence because we need to have some logistics put in place first,” states Mr Prasad Karey, Athi River Mining sales and marketing general manager. The company is concerned that deplorable state of the Northern Corridor and in security. Karey said while firms from the Middle East easily ship their goods, Kenyan firms have to move them to Mombasa, before shipping to Kismayu. This makes it more expensive. “ Somalia presents a great opportunity for growth but some of the projects are capital intensive which require public-private-partnerships ,” observed Mark Smith, consulting tax partner at Deloitte East Africa. The Somalia deputy minister Nadifa Mohamed Osman promised to develop the link infrastructure. Quote Share this post Link to post Share on other sites
burahadeer Posted May 31, 2013 Carafaat;956115 wrote: Even in a thread about Somali Reconstruction and Investment they manage to turn in to a thread to fuel bitterness about Jubbaland. Even in dance halls! this lady ask me last nite if I'm juba nationalist.I said NO, then she walked away. Quote Share this post Link to post Share on other sites
