Big money in little Mogadishu!

[DoctorKenney]

Chimera, I think the reason is because the Civil War led to a lack of institutions in Somalia, so it would be extremely risky to invest millions of dollars in a city such as Kismayo, regardless of how peaceful it is.

 

There's no National Police Force, no Courts, no Central Bank. Kenya has all of these things, so this is why Somali businessmen have invested there instead.

 

But the Somali Republic is rebuilding the Police Force, the Courts, and re-establishing the Central Bank.

 

As long as we have proper institutions, Somali businessmen will return to their homeland and invest there.

[Chimera]

I was a toddler/child in the 90s but if I was a grown man then, I would seriously have tried to bring these entrepreneurs together and headquarter them somewhere in the South, preferrably in the Bajuni Islands, where we could create our own police force, courts and institutions. Remember for most of the 90s the conflict was exclusively in Mogadishu between the retarded warlords, it only became a regional conflict post-ICU and the rise of al-Shabaab. These wealthy men had the resources to establish an equivalent to Somaliland or Puntland in the South, and this would have been a major bulwark against Al-Qaida, the famine and the illegal internationalization of our civil-war.

 

Also, there is clearly a clan-element at work here, because they could have transformed peaceful Somali cities like Hargeisa, Bosaso, Qalcaio, Garowe, etc with that kind of money. I strong believe in keeping Somali wealth inside Somalia because it will generate jobs for the locals.

 

The only benefit to the current situation is that the entrepreneurs from Somalia have empowered their marginalised brethren in NFD.

[DoctorKenney]

I guess the silver lining in this situation is that clan-based warlords have completely lost their legitimacy due to this conflict. Somalis nowadays are less inclined to promote their Qabiil, and I believe are more nationalistic when comparing them to the Somalis of 1992 (for example).

 

A lot of lessons have been learned in the last 20 years

[Somali philosopher]

^^ One can only hope

[Mario B]

DoctorKenney;848573 wrote:

Have you actually seen Eastleigh..? It is by far the filthiest part of Nairobi. Absolutely FILTHY

 

There's literally raw sewage on the floor and the pollution is unbearable...yet ironically it is one of the most prosperous areas of Nairobi.

 

The Government in Kenya clearly doesn't care to provide even BASIC SERVICES to the Somalis in Eastleigh...so if Mogadishu ever becomes stable then I think all the Somali businessmen in Nairobi should return to their homeland and invest there instead.

 

 

 

Mogadishu could easily claim the title of commercial capital of East Africa.

I'm in Libertarian, I believe that the government doesn't have do to everything for you [although I accept the need for socialism for the 30% of the population that misses out in a free market economy]. They could use this opportunity to collect money and form civil engineering companies that can pave the roads and walkways. You could also have landscapers and gardeners to beautify the place up, all these jobs created can come from the community.

[DoctorKenney]

Mario B;848959 wrote:

I'm in Libertarian, I believe that the government doesn't have do to everything for you [although I accept the need for socialism for the 30% of the population that misses out in a free market economy]. They could use this opportunity to collect money and form civil engineering companies that can pave the roads and walkways. You could also have landscapers and gardeners to beautify the place up, all these jobs created can come from the community.

Mario, this has already been thought of. Private companies would be hired by local Somali businessmen to pave the roads and improve the infrastructure of the district, clean up the neighbourhood as well as help with landscaping.... HOWEVER, you would need some sort of licensing permit from the Government to be able to do this.

 

And you think the Kenyan Government is willing to grant these permits to these private companies? Definitely no

[Mario B]

DoctorKenney;848961 wrote:

Mario, this has already been thought of. Private companies would be hired...HOWEVER, you would need some sort of licensing permit from the Government to be able to do this.

 

And you think the Kenyan Government is willing to grant these permits to these private companies? Definitely no

Yep, the problem of a nanny state [ on this occasional scared of competition from private citizens]. And there was me thinking Kenya is a free market capitalist system, so what's the reason for these bureaucratic injustice?

 

P.s I remember some relatives mine being refused the installation of solar panels in their homes, even though the town had intermittent electricity.

[faarah22]

ganacstada xamar joogta sow ma ogid inay war lords ahaayeen. how do you expect virtue and rule of law from them. xaaraan ku naax, ina aidiid, indha cadde etc were all businessman first then warlords.

[Mario B]

^^Are those not a minority, what about the majority of the ganacstada? They could campaign against this unnecessary red tape.

[faarah22]

Mario are you serious?? red tape?! you make it sound like there is semblance of governance, it's total ungoverned space. somalis don't have capacity to begin with. even the so called SL, PL are rudimentary fiedoms which can't even implement a basic monetary system to help their businessmen. i don't even rate these so called businessmen, illiterates who just eking out a livelihood. most of what passes for commerce is export and import. anyways you can't have business without laws and stable country period.

[Mario B]

^^ I was talking about ganacstada in Kenya, particularly the ones in Eastleigh and not Somalia. As for your sentiment about our 'clan enclaves' in Somalia, I kinda agree with you.

[faarah22]

^ Ganacstada kenya waa is ka jua kali. waa naadir wax isku habeysan, i know because i have been staying in eastleigh. their business plan can aptly be described as ku dufo ka daqaaq. somalis are known to destroy the markets they enter within short space of time, causing headaches for other people. who have figured the only way to escape them to move higher up the chain. they should learn from the real business people, and stop be headless chickens without any plans.

[Mario B]

ku dufo ka daqaaq

Lol, that sounds like jungle capitalism.