If this is true, Sacad Shire is SL #1 Traitor

[Futurist]

He gave Ethiopia 19% of Berbera port, for free

Foreign Minister Shire denied that Ethiopia had any concerns over the UAE deals. He added that Ethiopia recently has been brought on board in the port deal, and will have a 19% stake in the port itself, taking 5% of the total from Somaliland’s originally agreed-upon shares, and 14% of the total from DPWorld. That leaves DPWorld with a majority stake of 51% and Somaliland with just 30%, compared to 35% in the original agreement. Shire said this change to the deal was done for purely economic reasons.

https://messengerafrica.com/2017/04/03/ ... nal-arena/

[Siciid85]

wallahi o billahi inaanu ku dhicin. If that is true, he and all involved must be shot on the spot.

[Maroodijex]

This is a master genius deal. After all, Ethiopia is the biggest market that Berbera is trying to attract. And having Ethiopia a stakeholder makes sense. This is a business deal not a political or sovereignty deal.

If this makes Ethiopia commit to its 30% diversion and also build the road from DireDoba to Togwachale, at the same time bring across some its Ethiopian shipping lines across from Djibouti to Berbera. This is a good deal.

Btw, why are you ok with DPWorld getting 15% and not Ethiopia? at the end of the day the 15% is not going to you, so you may as well give it to the stakeholder in this equation that will affect the viability of the whole deal.

[Maroodijex]

iidoor'kii maanta ayuubay business people noqdeen. Kolkii hore iska trader ayaynu ahayn.

[original dervish]

The Ethiopians haven't committed to building shit.
I was told by some iidoor intelligentsia years ago....."Ethiopia is our biggest enemy"
PS that statement doesn't refer to the historical enmity.

[Futurist]

This is a master genius deal. After all, Ethiopia is the biggest market that Berbera is trying to attract. And having Ethiopia a stakeholder makes sense. This is a business deal not a political or sovereignty deal.

If this makes Ethiopia commit to its 30% diversion and also build the road from DireDoba to Togwachale, at the same time bring across some its Ethiopian shipping lines across from Djibouti to Berbera. This is a good deal.

Sxb this is nonsense

Ethiopia puts 30% of trade through Berbera? How do you enforce or quantify that? You cant. Therefore there is no such deal.

What f-king country or company gets PAID to use a port? Waa caqli noocma ah?

This is a f-king disaster. The biggest betrayal in Somali history. Sacad Shire must be dragged to the high court

[Futurist]

wallahi o billahi inaanu ku dhicin. If that is true, he and all involved must be shot on the spot.

He was always meek, weasly little fucker

Doesnt surprise me that he sold SL people down the gutter to f-king injirooley

This makes my blood boil

[Maroodijex]

You did not answer the question, why is it ok for DPW to get the 15% and not Ethiopia?

I see it differently. This is sweetener to get Ethiopia to commit to diverting trade to Berbera. After all, if Ethiopia is not willing or plays hard ball then the whole deal breaks down.

[Futurist]

DP World is a fuckiing INVESTOR. They are INVESTING $450m of CAPITAL and expect a RETURN ON INVESTMENT. They are part of a LARGER DEAL with UAE.

Ethiopia is a CUSTOMER that uses SL port and should pay for it. In what business do CUSTOMERS get PAID for buying a service?

You want Ethiopia to get 15%... Why not BOOST SL share with that 15% intaad xabashi u danayn lahayd? Hospitals, factories, roads, power plants could be funded for SL with that 15%

use your brain dude

[Futurist]

I see it differently. This is sweetener to get Ethiopia to commit to diverting trade to Berbera. After all, if Ethiopia is not willing or plays hard ball then the whole deal breaks down.

That makes no sense whatsoever.

If Ethiopia does ABSOLUTELY NOTHING, doesnt divert trade to Berbera, it 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.

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

[Maroodijex]

You are not making any sense. Look at the logic:

1. You are ok for DPW to own total 65%. B/c they coughed up 450 mil.
2. DPW is willing to relinquish 15% of that Ethiopia.

Now, why the f*ck would you if DPW donates it or gives it to Ethiopia? That is what I am trying to get to?

Here is my view, the "Customer" is the main reason why DPW is coughing up $450. And the whole deal says DPW will not invest $450 if the demand for the port doesn't go beyond what it expects. Fair enough. They are not in the charity business.

So to sweeten the deal in order for the "Customer" to commit a sizable portion of their import/export business, they will become a business share holder.

The world of business, sometimes what you think is illogical makes the best sense. Probably you have not taken a business course before.

[Maroodijex]

[quote=Futurist post_id=4796638 time=1491345470 user_id=185697]
[quote=Maroodijex post_id=4796634 time=1491344996 user_id=106504]

I see it differently. This is sweetener to get Ethiopia to commit to diverting trade to Berbera. After all, if Ethiopia is not willing or plays hard ball then the whole deal breaks down.
[/quote]

That makes no sense whatsoever.

If Ethiopia does ABSOLUTELY NOTHING, doesnt divert trade to Berbera, it 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.

How do you even reliably define, measure and monitor Ethiopia's "trade". Its a legal nightmare
[/quote]

I am sure there are disqualifying clauses which make sure Ethiopia commits to its side of the deal. Otherwise what the f*ck is there to agree to?

That is my whole point.

[soonoqoda]

Even if it is true, wouldn't it last for the duration of the lease?

Therefore Somaliland will receive the whole port back, and Ethiopia's cut will end, because they will only benefit from the use of the port.

[XimanJaale]

DP world gets 51%, Somaliland gets 30% and Ethiopia gets 19%. Funny Ethiopia wasn't even given half of what Somaliland has, just slightly above half with a staggering 4%. Walle Ethiopia has Somaliland on lock, wixii lagu xaman jiray ayaa rumooday. It was a Ethiopian creation and only survives because of Ethiopia. I have been saying this since the day I joined this forum, Somaliland is nothing but a Ethiopian project, yet they call us a AMISOM colony.

[Siciid85]

DP world gets 51%, Somaliland gets 30% and Ethiopia gets 19%. Funny Ethiopia wasn't even given half of what Somaliland has, just slightly above half with a staggering 4%. Walle Ethiopia has Somaliland on lock, wixii lagu xaman jiray ayaa rumooday. It was a Ethiopian creation and only survives because of Ethiopia. I have been saying this since the day I joined this forum, Somaliland is nothing but a Ethiopian project, yet they call us a AMISOM colony.

You don't know jackshit. You one high school having illiterate backward Gedoian