Its official! Ethiopia Aquires 19% Stake in Berbera

[Khalid Ali]

Xabashis are over110 million people Xabashis are our strategic and future allies in the horn for the next 1000 years . Uae will build a military base in berbera. Arabs habashis and somalilanders are the New bigdeal. Naysayerrs want a port underdeveloped port hate on habashis for no reason. Habashis we give them a cut. But they will use our ports win-win.


Ethiopia somaliland brothers and sisters.
Fuck djibouti fuck Iran fuck qatar fuck turkey fuck walanweyn and faqash

Long live the uae and Saudi Arabia Long live long salman ibn saud

[Futurist]

Interesting. AMISOMALIA government is against development in SL. If they are against it, it must be a good thing. I now support the deal. Keep going SL.

Somalia 'government' has reacted to the signing of a deal that gave Ethiopia 19% ownership of the Berbera port terming it illegal.

“The Federal 'Government' of Somalia is not party to this so-called investment agreement” a statement from the Ministry of Ports and Marine Transport said.

The statement dated March 2 refers to Somaliland as a statewithin Somalia and not a “Republic” as referred to in the Thursday signing of the deal in Dubai, UAE.

“The so called agreement is both defective and detrimental to the sovereignty of the Federal Republic of Somalia” the statement said.

“The ministry therefore considering the above declares this deal as non existent null and void” the 'Ministry' said.

Following the deal UAE company DP World now holds 51% of Berbera while Somaliland 30%.

Notably the deal was signed as the Somalia Prime Minister Hassan Ali Kheire was on an official tour of the UAE.
http://radiodalsan.com/en/somalia-dismi ... null-void/

[theyuusuf143]

If Ethiopia does ABSOLUTELY NOTHING... dont divert trade to Berbera, they still gets 19% of SL revenues from Berbera port.

There is no legal way for SL to enforce that Ethiopia diverts trade. Absolutely no method for enforcement.

And besides how do you even reliably define, measure and monitor Ethiopia's "trade". Its a legal nightmare.

Incentivising a customer is nothing new. But there are more effective, less treacherous ways

You can reduce the price by 19%, rather than giving the customer a stake

As for profit sharing between DP World & Somaliland. I think its a folly. There are better mechanisms.

These ministers have no clue about economics, finance or contract management. They are lacking in financial advice

Yes we (DP and somaliland) will force Ethiopia to divert a large percentage of it's trade to berbera plus they will pay part of berbera corridor cost . If they don't do it then they are out of this deal.

[X.Playa]

Mucaaridka horumar diidka ah hooyadood unakaa wasna fking you ramzyy .

fuck u and fuck the flower u come from,u f-king bleeding ignorance ,talking about mucarid or muhafid while u belly dance for selling the county's national asset to stinking xabashi who never done anything for u.

this 19% is coming from the hard working somalilander,it wont come from ur xaram cuney kulmiye tuugo buckets.

stupid people like u try to steer this kind of shame news by talking about mucarid and muxafid, try playing this burnt card with someone else .

19% annual share for 30 years..!! for what? did u ever ask urself that? what the xabashi will do for u in return?
and they will collect taxes from u at wajale and every border ur goods crosses to them.

who ever signs and agrees on this deal must be punished and brought to justice. this is high treason, walahi i prefer the port to be underdeveloped for 100 years than giving our hard earned dollars to a lowlife xabashi.

19% for a f-king xabashi slave?!! why motherfucker why

Two things: DP world and Ethiopia’s combined 65% is for profit generated from port fees not including tax. These port fees are levied by the port on the haulage companies for use of the port. Somaliland will receive 35% of these fees and Ethiopia 19%.

On top of this Somaliland has free reign (100%) of tax collected from goods being imported to or exported from Ethiopia and Somaliland. This will generate higher revenue than port charges.

Ethiopia, the fastest growing economy in Africa, now has a serious incentive to ensure and favor the use of Berbera over any other port.

But none of this matters to you because your Emirati boyfriend in Ajman is not answering your calls anymore and as we can see there’s nothing like a scorned lover. Especially those from the tribe of Qowmalud.

19% Ethiopia plus 51% UAE is 70% and SL only 30%.

The numbers do not add up. Let say Ethiopia uses the port at 100% capacity in both export and imports, 70% of the profit will go to DP and Ethiopia.

DP has to recover its cost so they will collect custom dues from all users including SL this will cost inflation for the average somaliland citizens, all somaliland traders will pass any increase on custom duties to the population. In the other hand Ethiopia signed these deals as a nation and it will use its lofty 19% share to off sets any duty increase by DP, while SL has no such option. Also Ethiopia can cleverly use that 19% share in such way to maximize their benefits and use Djibouti port also.

This additional tax you folks claiming somaliland will collect is absolutely ridiculous, goods can't be taxed again at the port. What you are trying to say is SL will collect taxes from the poor consumers which she already has.

The free zone pie in the sky is just a pie in the sky, this so called free zone doesn't benefit DP so why would they build it?

[KingWaslawi]

Somali Government: Berbera deal illigal and an attack on Somalia.



When your position is aligned with your enemy you must surely question your alliagiance.

Their PM was in UAE Yesterday , when the deal was signing. Ceeb waynaa, UAE way bahdishay. Oops


Let us see, if they can say a word to DP WORLD or Ethiopia. La haysta yaal ma iyagaa hadli kara.

[Futurist]

Maybe Khayrlaawe just wants a bribe. Its a money making scheme. He wants some 'hush' money for his Dubai bank account.

[TeeriReturns]

Somali Government: Berbera deal illigal and an attack on Somalia.



When your position is aligned with your enemy you must surely question your alliagiance.

Their PM was in UAE Yesterday , when the deal was signing. Ceeb waynaa, UAE way bahdishay. Oops


Let us see, if they can say a word to DP WORLD or Ethiopia. La haysta yaal ma iyagaa hadli kara.

king, ignore this minister, he can suck my OGaden toe, did idoorland ministers complain when zoomalia borrowed 2 billion under hassan and supposedly it got lost, waa hilarious, read the UN report, hasssan said he only found 19 million, out of 2 billion , zoomalis are being charged interest yet the villa boys in xamar eat the money,

to hell with zoomali, continue what you are doing, after ethiopia breaks aprt you will be negotiaing for trade border crossing with us Ogadens soon insha Allah,

carry the good work isaaq chaps, scan a middle finger and send it to xamar by fax machine or better yet whatsapp, cracking on with your free idoorland project, jubbaland is declare indecne 2 minutes of yall get it, why would we want to stay, waa shithole.

this also serves us Ogs nicely, every time xamar they ask us for money from kismayo port, we say let hargeysa and berbera pay first, why send it to them, waa hole, we will never see the money again, we might as well put it in the Indian ocean, waa the same,

[CaynabaX]

Somaliland and Isaaqs are a f-king joke. Wallahi Xamar baa idiin dhaanta, dhalfada xabashidu ma idiin macaantahay

you don't understand this, stick to what you know the best. Aayahaaga baa laga talinaya . The fact that all our enemies are against this shows you that we we are on the right truck.

Stop chewing qaad doqonyahow awalbaad mid Reer Daahir iska nool ahayd. How is that 30% stake which is even YOUR OWN PORT something to celebrate about doqonyahow caqligu lahayn?????

[MujahidAishah]

Xabashis are over110 million people Xabashis are our strategic and future allies in the horn for the next 1000 years . Uae will build a military base in berbera. Arabs habashis and somalilanders are the New bigdeal. Naysayerrs want a port underdeveloped port hate on habashis for no reason. Habashis we give them a cut. But they will use our ports win-win.


Ethiopia somaliland brothers and sisters.
Fuck djibouti fuck Iran fuck qatar fuck turkey fuck walanweyn and faqash

Long live the uae and Saudi Arabia Long live long salman ibn saud

They will use your port regardless!!!

[MujahidAishah]

it’s interest that some issaq are coming round to awrasta viewpoint on eithopia when you called him all sorts of names khalid is the same as awrasta just not as articulate as him when stringing a sentence together or arguing his point sorry inadr

But really me caynab xplaya and Cadaani are the only issaq against this deal to incorporate xabshi/ the port deal.

Why should they get a 19% stake of our 50% stake.. we got short changed when Djibouti got a 61% stake from DP World for thier port.if we are going to give a slice of our port to eithopia we should atleast got shares in eithopian airlines tit for tat.. eithopia has no choice but to use berbera port we didn’t need to give them a stake.. if we lowered our taxes than Djibouti they would still flock to to use it..

Aisha ilaahay has given you caqli! You see things for what they are.

With this logic we should get 19% of Ethiopian Airlines.

Afkaaga caano lagu qabay

I’m running for SL Parliament elections vote for at your girl. I’m gonna kick sl politics with realism and horumar

[X.Playa]

Somaliland and Isaaqs are a f-king joke. Wallahi Xamar baa idiin dhaanta, dhalfada xabashidu ma idiin macaantahay

you don't understand this, stick to what you know the best. Aayahaaga baa laga talinaya . The fact that all our enemies are against this shows you that we we are on the right truck.

Stop chewing qaad doqonyahow awalbaad mid Reer Daahir iska nool ahayd. How is that 30% stake which is even YOUR OWN PORT something to celebrate about doqonyahow caqligu lahayn?????

It boggles my mind what exactly they are celebrating? They have sold somaliland second cash cow besides livestock the later is finished since the last drought killed 80-90% of all the animals.

Now they sold Berbera and the difference between our share and Ethiopia is only 10%, we the owners.

The rest of their argument is chicken shit. Let me go thorough their " the sky will rain gold " argument.

1- The so called Berbera corridor , they make it as though this road will be the life line of somaliland's economy . First of all this road will be useful to Ethiopia transporting their goods from and to Berbera through Wajaale , this road will not economically benefit any but Ethiopians . The goods will land at Berbera then DP will exact its duty and then the rest is straight to Wajaale and Ethiopia . There is no explanations how Ethiopia having paid DP its $$$ will be again taxed with in Somaliland?????? This high way robbery is marketed as a success by claiming Ethiopia will build the corridor for somaliland , which is laughable , since this corridor is good only for Ethiopia , somaliland traders hardly export or import anything to Ethiopia.

This corridor will also be used to import Ethiopian goods into somaliland market , now the economic novice will claim somaliland will tax these imports at its own Wajaale side of the border thus earning somaliland some revenue , i say not exactly , Somaliland may tax Ethiopian goods at Wajaale border , but the taxes will be passed over to the somaliland poor consumers who will have to pay more for all Ethiopian goods.

2- Their second argument is , that once DP develops the port , the traffic will increase generating more revenue , but the question is who will cause this alleged traffic increase?? the obvious answer is Ethiopia , but Ethiopia having 19% share in this project practically means , Ethiopia will have to pay next to nothing in port duty. They can balance their imports/exports with other ports and virtually pay nothing by optimizing their 19% share . DP very well knows this fact , and they have to recover their initial cost , the obvious victim in this cost recovery , will be Somaliland traders and hence somaliland consumers since the traders will pass the port duties to the consumers, again the brunt of the cost recovery will fall on somaliland populations not Ethiopia.

3- Their third argument , is that DP will build a free zone port berth , where somaliland traders can import export goods freely . I say bull shit , hooyadaadii heesi jirtay ee qaad walaa ahayd u sheeg. DP will never build a free zone , the somaliland government knows that very well, but they are pacifying the populations , this the classical " bait and switch" once DP is established , this free zone will be forgotten , delayed , and basically never be mentioned at all by any politicians , known the amnesia of our qaad-wale/qabyaalad folks this would be very easy. It wasn't long ago when Oodweyne oil patches was supposedly began this year of the year before and no one seem to remember.

What really insulting is , that DP can sell 19% of Berbera to Ethiopia without consulting the proprietor of Berbera , we don't even know what Ethiopia and DP agreed upon behind closed doors , we have an effeminate limp wristed foreign minister who only happy to be on the spot light like a fashion whore on cat walk.

its indeed sad.

[original dervish]

Look on the bright side.....after 30 years of sod all....this at least is something tangible.