Somali Stock Exchange set to open next year 2015

[malistar2012]

Somalia’s new bourse sees seven firms listing on opening in 2015

 

Wednesday, November 26, 2014Kenya (Source Reuters) – The Somalia Stock Exchange expects seven companies in the telecoms, financial services and transport sectors to list their shares when the bourse is set up in 2015, its founder said.

 

Somalia’s economy is slowly recovering from more than two decades of conflict, although the government is still battling an Islamist insurgency. Amid the chaos, some businesses have thrived, including money transfer and mobile phone firms.

 

“These are companies built by Somalis themselves and they have the potential to grow and attract international investment,” Idd Mohamed, chairman of the Somalia bourse, told Reuters on Tuesday. He did not name the firms.

 

“The Somali companies are business-oriented. They have large amounts of cash and resources and they are willing to take this road,” Mohamed said on the sidelines of a meeting of African bourse chiefs in the Kenyan coastal resort of Diani.

 

He said one of the biggest challenges was hiring staff after many educated Somalis fled their war-ravaged country at the height of the fighting. But he said now the bourse was recruiting some qualified Somalis who were being trained.

 

The bourse is working with the Nairobi Securities Exchange in neighbouring Kenya to train stockbrokers and staff.

 

The Somalia Stock Exchange has opened administrative offices in Mogadishu and other Somali centres like Kismayu, as well as in Nairobi, to help recruitment and in other related issues.

 

Somalis who fled abroad to escape the chaos at home send back an estimated $1.3 billion to their families every year, a lifeline to many in Somalia and helping spark a mini-construction boom in Mogadishu.

 

The remittances are sent using money transfer firms, such as Dahabshiil, which has an international network of outlets.

 

Mohamed said the new bourse was also talking to companies in the energy sector who are prospecting for natural resources in the Horn of Africa country. “There is potential for Somalia to be the next oil and gas producing country,” he said.

 

He said security was improving with the help of African Union peacekeeping troops, helping boost economic activity.

[Odey]

And amongst the biggest and only commodities to be traded on this platform are;

 

Livestock - the main produce and export of Somalia.

 

MP's- given the high market demand it was deemed necessary they be traded on this platform!

[DoctorKenney]

Let the trading begin!! :D

 

I know it's only a few companies right now, but this is good news. This can lead to entrepreneurial Somalis beginning to create their own corporations. More and more of these new corporations will be listed on the Somali Stock Exchange. Not only that, this is an extremely effective way to pool our resources and attract investment to Somali start-up companies which have very little capital. This could literally lead to the jump-start of hundreds, if not thousands, of Somali corporations.

 

My only wish is that Somalia had a stable, reliable currency which we can use. The rule of law and strong financial institutions could also help as well. And a safe business environment would also be very beneficial....

[Odey]

Who wants to invest in my company

Www.xildhibaan.com

 

 

[malistar2012]

Somali shilling among 20 best performing currency 2014

 

Given the impressive performance of the dollar, we thought it would be interesting to look at other big currency winners and losers this year. The performance (%) for all of the currencies in the table below are measured in terms of the USD, and we’ve also included November to date performance.

 

 

[Adam]

A nation led by Culusows you Sir are a Genius , as suuccesful as the Soomali.Shilling . Off to the central Bank with you to rescue our exhange rate against the stralinga and doolaar. Hurry Mr M.W.Itty.

[Adam]

Expecting successful deals like the Soma Oil deal by Culusows an interesting comment I read online . " Somalia’s corrupt government has foolishly handed over all its territorial waters to a an indian with British passport, His name is Basil Shiblaq http://companycheck.co.uk/director/900738557 Mr Basil Shiblaq has done some deals in some parts of Western African in the past and He has a long history of corruption and fraud, and as you can see in the following link He was arrested by the Indian police in 2007 by the request of Interpol after the Emirates filed a case against him in London http://www.indiankanoon.org/doc/43164/ and to polish his reputation,He resonantly hired Michael Howard, a former home secretary who preceded Britain’s Prime Minister David Cameron as Tory party leader as chairmen without any power MrBasil is the founder,owner and the Executive Director of Soma Oil and Gas Company http://www.somaoilandgas.com/page/board-of-direct… and that’s despite that Mr Basil has only around 200 000 pound in combined wealth, His company was registered in April 2013 yet He was awarded with Somalia’s all territorial waters if that’s is not a stupidity i don’t know what its" . Somalia.territorial waters are roughly as big as North sea waters. End.

[Tillamook]

<cite>

@Odey

said:</cite>

Who wants to invest in my company

Www.xildhibaan.com

 

I do

 

Xildibaans are trading at an all time low ever since the failure of the cyclical Motion business, so this is the best time to get in on the action now before the next prices get too expensive!

[Odey]

Ti

 

<cite>

@Tillamook

said:</cite>

I do

 

Xildibaans are trading at an all time low ever since the failure of the cyclical Motion business, so this is the best time to get in on the action now before the next prices get too expensive!

 

Welcome aboard partner!, the stocks are fairly good but we expect a new round of squabbles over the next few weeks so expect your stock prices to soar!.

[malistar2012]

Foreign footballers pouring into Somalia prior to top league opening

 

 

 

 

Mareeg.com- The increase of foreign football professionals in Somalia is seen as a ‘significant’ mark for soccer progression in the country.

 

For the first time in Somalia’s football history, last year the country’s Nation Link Telecom championship attracted at least 8 foreign players, and the current champions Banadir Sports Club were recognized as the pioneers for transferring foreign players.

 

But now with more than a month to go since the beginning of the country’s top football league, the number of foreign players in the country increased, as more clubs transferred foreign players from different African Countries.

 

“The show up of foreign players in the country is very noteworthy—some six clubs in the national league have transferred more players, so this is a remarkable progress for Somalia which is now recovering from decades-long anarchy” Somali Football Federation Media Officer Shafi’i Mohyaddin Abokar (ISLOW) said in a press statement on Sunday.

 

He said that the appearance of international professionals in Somali league was also an outstanding marketing step for the country whose football has mainly been dependent on the financial assistance from FIFA.

 

The statement went on to say that the lawless atmosphere in Somalia was preventing the country from attracting international sponsors, but now that the situation is returning to normal the SFF and its clubs were eying on local and international sponsorships.

 

“Somali football is now recuperating from the wounds caused by the lack of stability we experienced for dozens of years and the path for more progress has now reopened” SFF Media Officer Shafi’i Mohyaddin Abokar (ISLOW) explained in his press statement.

 

Below is the names of foreign players in the country, the clubs they joined and as well as their countries.

 

HEEGAN FC: Mohamed Zubairu (Nigeria), Samsoniyke Chukwu (Nigeria)

 

GAADIIDKA: Lehman Meheso Mwenza (Kenya)

 

SAHAFI FC: Ambrose Mumo kula kalatai (Kenya)

 

ELMAN FC: Elungat Martin, (Uganda) Ntaabazi Mubiru Eddie (Uganda) and Mugsha Ivan (Uganda).

DEKADDA: Zubeir Yossuf Oduori (Kenya) OKoro Mattias Ogbokiri (Nigeria)

 

BANADIR SPORTS CLUB: Marcel Odhambo Oyugi (Kenya) Thomas Mwancu Cuihobi (Kenya) and Mustapha .I. Maxwell (Nigeria).

 

 

 

Somali Football Federation Media Department

 

Email:somalifootballmedia@gmail.com

 

[malistar2012]

<cite>

@HawdMan

said:</cite>

A nation led by Culusows you Sir are a Genius , as suuccesful as the Soomali.Shilling . Off to the central Bank with you to rescue our exhange rate against the stralinga and doolaar. Hurry Mr M.W.Itty.

 

Yes A Nation led by Culoswo is progressing more then ever we are witnessing history ...

 

 

H.E. Hassan Sheikh Mohamud has delivered we are witnessing history , within two years in office he has modernized southern Somalia made it self sufficient stable attract Investment .....

 

the biggest commodities to be traded are

 

Telecommunication - Livestock- Agriculture - Fishing Industrial - Construction companies - Southern Gas Somalia Plant There other small companies to be invest soda drinks - co cola factories - cement factory etc

 

First factory to produce liquid laundry detergent in Somalia

 

First Soft Drinks Factory Opens Shop In Mogadishu

 

 

 

 

Traffic Muqdisho @ nights

 

New Gas Plant

 

 

 

God Bless H.E. Hassan Sheikh Mohamud

[Odey]

Malistar,

 

War Anaa kumaqleye, yeysan kumaqal umadda Ilaahey ee isku xishood. Guryo shacab dhisteen wax Uu sameeye qoslaaye ma aha!. Wuxuuse sameeyey, dhac, boob, dil, kala fogeeyn ummadda, sharaf daro, Iyo doqonnimo aan inaba loo dulqaadan Karin!

[Tillamook]

<cite>

@malistar2012

said:</cite>

Foreign footballers pouring into Somalia prior to top league opening

 

 

 

 

Mareeg.com- The increase of foreign football professionals in Somalia is seen as a ‘significant’ mark for soccer progression in the country.

 

For the first time in Somalia’s football history, last year the country’s Nation Link Telecom championship attracted at least 8 foreign players, and the current champions Banadir Sports Club were recognized as the pioneers for transferring foreign players.

 

But now with more than a month to go since the beginning of the country’s top football league, the number of foreign players in the country increased, as more clubs transferred foreign players from different African Countries.

 

“The show up of foreign players in the country is very noteworthy—some six clubs in the national league have transferred more players, so this is a remarkable progress for Somalia which is now recovering from decades-long anarchy” Somali Football Federation Media Officer Shafi’i Mohyaddin Abokar (ISLOW) said in a press statement on Sunday.

 

He said that the appearance of international professionals in Somali league was also an outstanding marketing step for the country whose football has mainly been dependent on the financial assistance from FIFA.

 

The statement went on to say that the lawless atmosphere in Somalia was preventing the country from attracting international sponsors, but now that the situation is returning to normal the SFF and its clubs were eying on local and international sponsorships.

 

“Somali football is now recuperating from the wounds caused by the lack of stability we experienced for dozens of years and the path for more progress has now reopened” SFF Media Officer Shafi’i Mohyaddin Abokar (ISLOW) explained in his press statement.

 

Below is the names of foreign players in the country, the clubs they joined and as well as their countries.

 

HEEGAN FC: Mohamed Zubairu (Nigeria), Samsoniyke Chukwu (Nigeria)

 

GAADIIDKA: Lehman Meheso Mwenza (Kenya)

 

SAHAFI FC: Ambrose Mumo kula kalatai (Kenya)

 

ELMAN FC: Elungat Martin, (Uganda) Ntaabazi Mubiru Eddie (Uganda) and Mugsha Ivan (Uganda).

DEKADDA: Zubeir Yossuf Oduori (Kenya) OKoro Mattias Ogbokiri (Nigeria)

 

BANADIR SPORTS CLUB: Marcel Odhambo Oyugi (Kenya) Thomas Mwancu Cuihobi (Kenya) and Mustapha .I. Maxwell (Nigeria).

 

 

 

Somali Football Federation Media Department

 

Email:somalifootballmedia@gmail.com

 

This definitely takes the crown of all your progress reports from Mogadishu, saaxiib

 

Lol @ Email:somalifootballmedia@gmail.com

[malistar2012]

H.E. Hassan Sheikh Mohamud good leadership and governance gave then citizens the assurance and confident they needed to rebuild their country , and invest millions of dollar seeing that the country future is bright and in good hands ....

 

 

 

 

H.E. Hassan Sheikh Mohamud one of his main pillar and promise was free education - today kids and adult are attending schools in Mogadishu and surrounding area for free no cost H.E. Hassan Sheikh Mohamud has delivered his promise of Equal opportunity .God Bless H.E. Hassan Sheikh Mohamud

 

 

 

 

The Average citizen in living Government held territories are doing better then the rest of the country why? in terms salary - education - Health -business opportunity - employment opportunity .....

 

http://www.youtube.com/watch?v=Xpqr1A97ajs

 

November 22, 2014 – Howgalladaan lagula dagaalamayo jidgooyooyinka sharci darrada ah ayaa waxa ay ciidamada xoogga dalka Soomaaliyeed ka fuliyeen deegaanno ay ka midyihiin Muuri, No.50, No.60, Ceel-wareegoow, Buufoow, Shalaanbood, Qoryooleey, Buulo-mareer iyo kuwa kale, waxaana saraakiisha ciidamada ay goobaha laga ceyriyo maleeshiyaadka isbaarooyinka dhigteen lagu wareejiyay cutubto ka tirsan ciidanka xoogga dalka

 

 

H.E. Hassan Sheikh Mohamud one of his main pillar and promise was security - Today farmers and truckers move freely and making Profit in a secure environment God Bless H.E. Hassan Sheikh Mohamud .........

[Odey]

<cite>

@malistar2012

said:</cite>

H.E. Hassan Sheikh Mohamud good leadership and governance gave then citizens the assurance and confident they needed to rebuild their country , and invest millions of dollar seeing that the country future is bright and in good hands ....

 

 

 

 

H.E. Hassan Sheikh Mohamud one of his main pillar and promise was free education - today kids and adult are attending schools in Mogadishu and surrounding area for free no cost H.E. Hassan Sheikh Mohamud has delivered his promise of Equal opportunity .God Bless H.E. Hassan Sheikh Mohamud

 

 

 

 

The Average citizen in living Government held territories are doing better then the rest of the country why? in terms salary - education - Health -business opportunity - employment opportunity .....

 

http://www.youtube.com/watch?v=Xpqr1A97ajs

 

November 22, 2014 – Howgalladaan lagula dagaalamayo jidgooyooyinka sharci darrada ah ayaa waxa ay ciidamada xoogga dalka Soomaaliyeed ka fuliyeen deegaanno ay ka midyihiin Muuri, No.50, No.60, Ceel-wareegoow, Buufoow, Shalaanbood, Qoryooleey, Buulo-mareer iyo kuwa kale, waxaana saraakiisha ciidamada ay goobaha laga ceyriyo maleeshiyaadka isbaarooyinka dhigteen lagu wareejiyay cutubto ka tirsan ciidanka xoogga dalka

 

 

H.E. Hassan Sheikh Mohamud one of his main pillar and promise was security - Today farmers and truckers move freely and making Profit in a secure environment God Bless H.E. Hassan Sheikh Mohamud .........

 

Don't confuse Muqdisho with Somalia, one is a city, the other a country!. If you are saying, Hassan sheikh has been a good mayor for Muqdisho, I can just about entertain that, but Hassan sheikh has done NOTHING for the country except confuse, divide, creat mini civil wars and caused untold suffering to millions. He has taken us back 20 yrs and lost us the worldwide support that was there when he took over. You obviously won't open your eyes to the truth even if the truth hits you on the face because you are one of his supporters, but please don't insult our intelligence, posting rubbish like this won't make anyone here join your numpty club!