Puntland Needs A Market Messiah Reform

[DR OSMAN]

The leader who addresses our market place and ensures competitiveness and quality guided by the rule of law will be a messiah that Puntland remembers as 'abaha suuqa puntland'. Currently everything is of low quality, untrustworthy, unreliable, and suffers from black market 'symptoms' which will not lead to growth but only declines. The market architecture I propose and I hope you can contribute will need the following.

Market Commission commission consisting of economists, business analysis, financial experts, and legal experts. They will be tasked with collecting data on our market from 'sectors' down to individual businesses in each sector separated as small-medium-large. They will provide a 'financial' estimation of current value of the sector and past sector values and the 'growth or decline' margin by each year.

The economists will pass this data to business/ and financial analysis to find out 'potential' growth and the obstacles it faces whether its labor, consumer share, fowdo business practise. The legal experts will focus on the quality and reliability of each sector in comparison to the nation, region, globally. There no point expending our people effort for 'low returns' due to market structure problems.

The legal experts must consult consumers, workers, and businesses to discuss how to create a trusted and secure market place locally, as this will benefit our people growth plus potential growth as our market will be seen as the most reliable regionally in comparison to the other 'fowdo markets'. The 'edge' in Somalia is 'quality' and who-ever wins the quality race will take all the customers. So quality n reliability are the most important pillars our market architecture must address, once this is addressed, the growth will happen naturally.

We need to discuss the market laws we will pass to achieve this future market with consumers, workers, business representatives, legal, economist. Once we know the laws will lead to quality n reliability, we must immediately create the 'legal organs' to provide market enforcement. One of the ideas I have is a 'registry' to black-list and remove business licenses to companies who fail to adhere to the new market place laws.

 

[DR OSMAN]

We need legal organs guided by the market laws created that will generate quality/reliability

1. Courts
2. Legal experts
3. Inspector authority for each sector to identify non compliance and immediate removal before it spreads and infects the whole sector.
4. Business experts so their doing business based on intelligence
5. Labor representatives to ensure we are generating productivity quality

I said reliability must be a 'pillar' of our market reforms, these people do not work to time which can effect the supply chains and value chains across the market and globally. PPL do not and cannot afford for 'unreliability' which means their expenses r growing while their down-time increases, which only means less production value and this may cause their customers to leave.

 

[DR OSMAN]

Where are the people who complain but provide no possible solution, that's 91 mentality is unproductive.

 

[Macawisley]

@DR OSMAN what is stopping you from going to Garowe and joining the PL government start from like Wasiir and one day compete for presidency

Because You have such good ideas but I don’t think there are PL politicians who think of stuff like this.. this is not only to PL but all of Somali politicians don’t think of these ideas.

 

[DR OSMAN]

@DR OSMAN what is stopping you from going to Garowe and joining the PL government start from like Wasiir and one day compete for presidency

Because You have such good ideas but I don’t think think there are PL politicians who think of stuff like this.. this is not only to PL but all of Somali politicians don’t think of these ideas.

I can identify where there is problems, possibly architecture n road map analysis, the subject matter experts needed and the possible organs needed for compliance and enforcement. But the 'answers which is future laws' must come from a broad spectrum of experts in economics, business management, labor representatives, legal experts. I can identify what's holding us back, but the answers, I don't have every answer, so it needs to be crowd sourced from those people.

As Somalis we can agree we want a market based on rule of law becuz this will lead to growth-quality-reliability. So we need to bring the actors involved for input towards creating those market laws and further the legal experts to create the necessary organs to enforce those laws. Cuz we know the current arrangement isn't leading to positive outcomes.