SOMALI GOVERNMENT eyes $100m annually

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SOMALI GOVERNMENT eyes $100m annually from telcos with new law -
Somali government eyes $100m annually from telcos with new law
August 12, 2017



A section of service hall of Hormuud Telcom in Mogadishu. Photo: courtesy
Telecommunication companies will now come under a unified regulatory framework thanks to the endorsement of the Telecommunications law by Parliament which among others gives the government the requisite legal instruments to raise more revenues from telecommunication companies in the country.

Parliament this week passed the National Telecommunications bill whose passage has remained elusive in successive parliaments effectively ending a self- regulatory framework in favour of a statutory regime.

The bill which now awaits the President’s assent is one of the key instruments of revenue mobilization and generation as the Federal government reforms the tax system to enhance domestic revenue collection. Finance Minister Abdirahman Beyle said in his 2017 Appropriations Act detailing the national budget that the government could generate up to $100 million from telecommunication companies once the bill is passed into law.

Currently, telecommunication companies pay a lump-sum negotiated presumptive tax which amounts to $4.8 million annually. In the 2017 budget, Finance Minister set a 15% sales tax on telecommunication companies. The World Bank last week in its second Somali Economic Update proposed a 5-10 per cent tax on the value of airtime sold by cellphone companies and a further charge on landlines and revenue received by telephone companies for handling incoming international calls.

The new Telecommunication law should it be assented to by President Mohamed Farmaajo creates a National Telecommunication Authority vested with the powers to regulate not only telecommunication but also internet and broadcast services. The body is made up of two members from the Post and Telecommunications Ministry, four from telecommunication companies, and one from the Bar Association of Somalia. It will be also have a director and a secretary. Once the members are chosen, they will elect a chairperson who will serve for a four year term.

The NTA will be tasked with licensing, will develop framework on tariffs charged by telecommunication companies, arbitrate in cases from consumers or among companies, and safeguarding the rights of consumers. The body will also ensure fair competition in the industry to allow growth. Currently Hormuud Telcom enjoys a lion share of the telecommunication industry with the rest shared by National Link and Somtel.

The NTA will also manage the country code (+252) and the Country Top Level Domain (dot.so) and will be responsible for issuing national numbers.

The law could also boost the government’s security efforts as it will now have a legal framework which allows for regulation of terror financing. The government raised concern last month that telecommunication companies could be aiding transfer of funds to militant groups like Al-Shabaab calling for stringent vetting to curtail such transfers.
 

Gbyallmeans

Yuusuf direed Founding Father of Ahlu-naar
SOMALI GOVERNMENT eyes $100m annually from telcos with new law -
Somali government eyes $100m annually from telcos with new law
August 12, 2017



A section of service hall of Hormuud Telcom in Mogadishu. Photo: courtesy
Telecommunication companies will now come under a unified regulatory framework thanks to the endorsement of the Telecommunications law by Parliament which among others gives the government the requisite legal instruments to raise more revenues from telecommunication companies in the country.

Parliament this week passed the National Telecommunications bill whose passage has remained elusive in successive parliaments effectively ending a self- regulatory framework in favour of a statutory regime.

The bill which now awaits the President’s assent is one of the key instruments of revenue mobilization and generation as the Federal government reforms the tax system to enhance domestic revenue collection. Finance Minister Abdirahman Beyle said in his 2017 Appropriations Act detailing the national budget that the government could generate up to $100 million from telecommunication companies once the bill is passed into law.

Currently, telecommunication companies pay a lump-sum negotiated presumptive tax which amounts to $4.8 million annually. In the 2017 budget, Finance Minister set a 15% sales tax on telecommunication companies. The World Bank last week in its second Somali Economic Update proposed a 5-10 per cent tax on the value of airtime sold by cellphone companies and a further charge on landlines and revenue received by telephone companies for handling incoming international calls.

The new Telecommunication law should it be assented to by President Mohamed Farmaajo creates a National Telecommunication Authority vested with the powers to regulate not only telecommunication but also internet and broadcast services. The body is made up of two members from the Post and Telecommunications Ministry, four from telecommunication companies, and one from the Bar Association of Somalia. It will be also have a director and a secretary. Once the members are chosen, they will elect a chairperson who will serve for a four year term.

The NTA will be tasked with licensing, will develop framework on tariffs charged by telecommunication companies, arbitrate in cases from consumers or among companies, and safeguarding the rights of consumers. The body will also ensure fair competition in the industry to allow growth. Currently Hormuud Telcom enjoys a lion share of the telecommunication industry with the rest shared by National Link and Somtel.

The NTA will also manage the country code (+252) and the Country Top Level Domain (dot.so) and will be responsible for issuing national numbers.

The law could also boost the government’s security efforts as it will now have a legal framework which allows for regulation of terror financing. The government raised concern last month that telecommunication companies could be aiding transfer of funds to militant groups like Al-Shabaab calling for stringent vetting to curtail such transfers.
Good Job to the SFG and Mogadishu:nvjpqts:

This is why Mogadishu is the capital of Somalis and will always remain so, the amount of economic input this capital has scarified for the Somalis and greater Somaliweyne is so evident for all Somalis to see, those who say Mogadishu shouldn't be the Capital, need to ask themselves where they were when Mogadishu was in its lowest and downest moment, why didnt they take Mogadishu's place and lead the Somalis Financially (through Economic input) and Politically such is that Mogadishu is doing now, paying,hosting and sacrificing all they have for Somaliweyn , hate it or love it there is no place like Mogadishu and thats the TRUTH.

Again, WELL DONE MOGADISHU:nvjpqts:
 
Good Job to the SFG and Mogadishu:nvjpqts:

This is why Mogadishu is the capital of Somalis and will always remain so, the amount of economic input this capital has scarified for the Somalis and greater Somaliweyne is so evident for all Somalis to see, those who say Mogadishu shouldn't be the Capital, need to ask themselves where they were when Mogadishu was in its lowest and downest moment, why didnt they take Mogadishu's place and lead the Somalis Financially (through Economic input) and Politically such is that Mogadishu is doing now, paying,hosting and sacrificing all they have for Somaliweyn , hate it or love it there is no place like Mogadishu and thats the TRUTH.

Again, WELL DONE MOGADISHU:nvjpqts:

We all should move forward but your talk will bring us back to past. First we were forced to leave Mogadishu in 90s and couldn't move back fear for our lives. Most of us were refugees and trying to rebuild ourselves again. Even those who decided to stay in Somalia back to villages were under attack and killing of SNM. Majority of us left our money (savings)in Somali national banks. So, we were completely broke our money, assets (homes) were in Mogadishu. However, past is past but I had to explain the reasons that we could not build new cities.
 
Last edited:

Gbyallmeans

Yuusuf direed Founding Father of Ahlu-naar
We should all move forward but your talk will bring us back to past. First we were forced to leave Mogadishu in 90s and couldn't move back fear for our lives. Most of us were refugees and trying to rebuild ourselves again. Even those who decided to stay in Somalia back to villages were under attack and killing of SNM. Majority of us left our money (savings)in Somali national banks. So, we were completely broke our money, assets (homes) were in Mogadishu. However, past is past but I had to explain the reasons that we could not build new cities.
:faysalwtf:Sis no offence, but the fock you on about???

We dont want you (Darood) folks in Mogadishu, so please dont come, i was only stating that since we rule Mogadishu as a Capital, we have been feeding,clothing,supporting all you useless folks, you folks dont pay a dime into the Governments budget, its ironic for you folks darood to talk about nationalism at the comfort of Hawiyes Tax Payers money.

As for building new cities, again lots of bullocks, Hawiye destroyed their capitals with inner fight and Ethiopia invasion, while they have rebuild in a capacity unseen throughout Somalia except Hargeisa where they Isaaq also build a capital out of a ruin in short time.

So the question is, for 26 years of peace, why doesnt daroods have a city????


In all, you daroods need to contribute financially into the Government budget instead of leeching Hawiyes or else :ufdup:

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DR OSMAN

AF NAAREED
VIP
:faysalwtf:Sis no offence, but the fock you on about???

We dont want you (Darood) folks in Mogadishu, so please dont come, i was only stating that since we rule Mogadishu as a Capital, we have been feeding,clothing,supporting all you useless folks, you folks dont pay a dime into the Governments budget, its ironic for you folks darood to talk about nationalism at the comfort of Hawiyes Tax Payers money.

As for building new cities, again lots of bullocks, Hawiye destroyed their capitals with inner fight and Ethiopia invasion, while they have rebuild in a capacity unseen throughout Somalia except Hargeisa where they Isaaq also build a capital out of a ruin in short time.

So the question is, for 26 years of peace, why doesnt daroods have a city????


In all, you daroods need to contribute financially into the Government budget instead of leeching Hawiyes or else :ufdup:

You don't have permission to view the spoiler content. Log in or register now.
All built on darood loot :liberaltears:
 
:faysalwtf:Sis no offence, but the fock you on about???

We dont want you (Darood) folks in Mogadishu, so please dont come, i was only stating that since we rule Mogadishu as a Capital, we have been feeding,clothing,supporting all you useless folks, you folks dont pay a dime into the Governments budget, its ironic for you folks darood to talk about nationalism at the comfort of Hawiyes Tax Payers money.
WTF are you on about. That mentality is what's wrong with Somalia. Mog belongs to everyone who is Somali whether Daarood, Isaaq, Hawiye or anything else. Your close minded my city my tuulo view is cancerous. I pray for people with that mentality nacalaa
 

Gbyallmeans

Yuusuf direed Founding Father of Ahlu-naar
All built on darood loot :liberaltears:
:gucciwhat: The fock, looks like we got cowardly AWOL, shouldn't you be defending Garowe from the imminent S/land Invasion, or is it your women i hear about that take arms in defence for their cowardly punani men.
 
Good Job to the SFG and Mogadishu:nvjpqts:

This is why Mogadishu is the capital of Somalis and will always remain so, the amount of economic input this capital has scarified for the Somalis and greater Somaliweyne is so evident for all Somalis to see, those who say Mogadishu shouldn't be the Capital, need to ask themselves where they were when Mogadishu was in its lowest and downest moment, why didnt they take Mogadishu's place and lead the Somalis Financially (through Economic input) and Politically such is that Mogadishu is doing now, paying,hosting and sacrificing all they have for Somaliweyn , hate it or love it there is no place like Mogadishu and thats the TRUTH.

Again, WELL DONE MOGADISHU:nvjpqts:

We should all move forward but your talk will bring us back to past. First we were forced to leave Mogadishu in 90s and couldn't move back fear for our lives. Most of us were refugees and trying to rebuild ourselves again. Even those who decided to stay in Somalia back to villages were under attack and killing of SNM. Majority of us left our money (savings)in Somali national banks. So, we were completely broke our money, assets (homes) were in Mogadishu. However, past is past but I had to explain the reasons that we could not build new cities
:faysalwtf:Sis no offence, but the fock you on about???

We dont want you (Darood) folks in Mogadishu, so please dont come, i was only stating that since we rule Mogadishu as a Capital, we have been feeding,clothing,supporting all you useless folks, you folks dont pay a dime into the Governments budget, its ironic for you folks darood to talk about nationalism at the comfort of Hawiyes Tax Payers money.

As for building new cities, again lots of bullocks, Hawiye destroyed their capitals with inner fight and Ethiopia invasion, while they have rebuild in a capacity unseen throughout Somalia except Hargeisa where they Isaaq also build a capital out of a ruin in short time.

So the question is, for 26 years of peace, why doesnt daroods have a city????


In all, you daroods need to contribute financially into the Government budget instead of leeching Hawiyes or else :ufdup:

You don't have permission to view the spoiler content. Log in or register now.

There was not any tax money for past 10 years from Mogadishu, the region's received only international aid money. Reer Mogadishu never saw that money even, hospitals in Mogadishu were built by Turkish aid, UN, same with schools and roads. Your tax money went to HSM's pockets and his life style in Tanzania and mansion in turkey plus 2 wives expenses. Sharif sheikh did the same looting the tax money to buy fancy house in London UK and his 3 wives. When HSM left the country, the soldiers were not paid for 9 months. He cleaned the central bank. This is your tax money.
About Darood unwanted nobody cares about your opinions. Darood are here in Mogadishu to stay.
 

DR OSMAN

AF NAAREED
VIP
properties, hotels, businesses all looted, then sold off to other people and income re-generated over time. :damn:
 
Did you hear, they all had 2 or 3 houses looted in Mogadishu :chrisfreshhah:
It's the new hustle, everyone is claiming they got looted and their property stolen. Theirs this one guy named xoosh whos claiming 400 of his properties in Mogadishu got stolen, it's getting ridiculous :pachah1:
 
Did you hear, they all had 2 or 3 houses looted in Mogadishu :chrisfreshhah:
It's getting old my uncles/cousins bought huge guns mounted it near our homes and still took in fellow marehan's/poor somalis looking for a safe place.

Moryaans dint dare. Like thief they only went for empty places.
 

felloff

FA'CASH GANG BABY
this will turn somali telecom services from one of the cheapest in the word to an african standard telecom which is shit,but then again the government needs money
 
this will turn somali telecom services from one of the cheapest in the word to an african standard telecom which is shit,but then again the government needs money
the Telecom service in Somalia will simply pass these fees to the consumers, and the service will take a hit, but the government needs money now, inshallah once we start exploiting our natural resources the government can leave and let these businesses do there thing and focus on military building and other important institutions , it's a fact that businesses provide the best most affordable service when there's little government involvement.
 
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