Somalia dead last in Ease of Doing Business Ranking

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Dropped from 184 last year to 190.

@LarryThePuntite is Somalia still the world's greatest start-up?


Obviously it is.

You have a country that ranks zero in everything.

The opportunities are endless.

We just need a cultural mindset shift. If one Gobol can change its mindset it will catch on.

Somaliland could have don’t this by not having 80% of the male population sitting all day high off khat.
 

RasCanjero-

Self imposed exile
What's the point of starting a business in Somalia when you'll get taxed to your neck by vultures at every corner.

If your businesses starts to look interesting then you'll get salivating warlords (politicians) and terries knocking at your door for their cut and there is no rule of law to protect you.

Fix the tax structure and create some laws to protect contracts, property and etc and I'll take a risk investing most my assets.

Until then it's like putting your hand in a lion's mouth and hoping for the small chance that it isn't hungry.
 
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