Somaliland: Role of Regulatory Framework in Financial Sector Development

- For developing countries like Somaliland, a sound financial sector is integral in fostering economic growth, principally through the efficient mobilization and deployment of financial resources. Researchers in the field of international development continuously cite weak and fragmented financial institutions within developing countries as barriers to economic activity and as a source of great vulnerability to fluctuations in the global economy.

For quite a while now there has been talk of Somaliland instituting a legislative bill with respect to the establishment of banking institutions in the country. Accordingly, the time has come for Somaliland to establish a supervisory and regulatory agency that carries out the prudential and systemic regulation of financial institutions. Yet, how that legislation is drafted makes all the difference in the world.

This entry speaks to the necessity of a strong regulatory framework and highlights some of the major decision points we stress that Members of Parliament should be keeping in mind when they debate this legislation which is on the agenda for the upcoming sessions in the House of Representatives. In particular, this article layout a framework for the guiding principles in the regulation of financial institutions and some of the problems the oversight of these institutions is designed to address.

Understanding Somalia’s antagonism towards Somaliland independence

'' ..the United Kingdom and its allies are morally and strategically obligated to lead and reaffirm the sovereignty of Somaliland ..''

- I am sure the “United Somalia” empty slogan will be shouted some trillion times or perhaps zillion times both inside and outside the conference hall before and during the up coming international London conference on Somalia. There is a special significance to this slogan and is used tactfully to conceal the well documented terrible Somalia oppression that finally led to the internationally ignored genocide in Somaliland.

The international community needs to better understand an unwritten malevolent rule that exists in the minds of the Somalia people. They believe that Somalia will not be able to stand on its own feet and sustain itself politically without a Somaliland that can be ill-treated and loathed in times of Somalia’s political upheavals and frustrations. Not only that, Somaliland is used as scapegoat, nuisance- relief and as a punching bag by the gory Somalia public and equally by their hard-nosed political leaders.

Shirka London Iyo Ka Qayb-galka Somaliland: Falanqaynta Somali-Voa...*Dhegta maal*

- Barnaamijka Falanqaynta todobaadka ee lagu faaleeyo kolba arinta cusub ee dardarta leh ee ku soo korodha geeska Afrika, oo ah mid ay idaacada Somali-voa ay maalinta Jimcaha ah inta badan sii dayso ayaa waxa todobaadkan hada dhamaaday lagu soo qaatay, Barnaamij ku saabsan Shirka Lodon loogu qabanayo kooxaha isku haysta dalka aan jaarka naahay ee Soomaaliya iyo waliba, ka qayb galka ay markii ugu horaysay ay go'aansatay inay Somaliland ka qayb gasho.

Dadka hadaba lagu casuumay inay ka doodaan arintan ayaa waxa dhanka Somaliland lagu marti qaaday labada gudoomiye urur-siyaasadeed ee kala ah, marwo Foosiya Yuusuf X. Aadan oo ah gudoomiyaha urur siyaasadeedka magaciisa a yidhaa ' NDB' iyo, gudomiyaha kale ee xisbiga magaciisa la yidhaa ''Damal'', mudane Maxamad Cumar Carte Qaalib.

*Dhegta maal*

http://www.voanews.com/somali/news/Faaqidaadda-Shirka-Caalamiga-ah-ee-London-139100999.html

Prof. C/Raxmaan Shunuuf Oo Walaac Ka Muujiyay Habacsanaanta Gashay Xaalada Amaanka Iyo Dagaalada Cadowgu S/Land Ku Soo Qaaday

- Guddoomiyaha ururka SLNM Professor C/raxmaan Axmed Shunuuf oo ka mid ah aqoonyahanada Somaliland, ayaa walaac ka muujiyay habacsanaanta ku timid awoodii xakamaynta nabada ee dalka, waxaanu ku dhaliilay xukuumada Somaliland in aanay wax qorshe ah oo cad aanay ka soo bandhigin dagaalada ka socda deegaanada Buhoodle iyo gobollada bari ee dalka. Prof C/raxmaan Shunuuf waxa uu intaa ku daray in diyaar garowga cadowga Somaliland oo si weyn usoo diyaar garoobay iyo habacsanaanta xukuumada ay keeni karto mid khatar galisa qaranimada.

C/raxmaan Shunuuf waxa uu sidaasi ku sheegay mar uu shalay wargeyska Haatuf u waramay, isagoo ugu horayna arrimahaasi ka hadlaya waxa uu hadalkiisa ku bilaabay “Jiritaanka Somaliland muu ahayn mid ku timid xigmad shisheeye, balse waa mid inaga inaga timid, taas oo aynu khabiiro ku ahayn nabadaynta iyo xasiloonida dalkeena, iyadoo muddadaasba uu ku socday Somaliland dagaal lagu dhaawac tirayo nidaamka maamul ee Somaliland tan iyo markii uu talada la wareegay xisbiga Kulmiye, waxa soo baxday in dabac u galo amaankii dalka, laba xisbi oo dawladnimada u wada laylyani ay xilliyada kala guurka isbadalaan.

Somaliland hosts G40 women’s conference

- HARGEISA — The First Lady of Somaliland Amina Sheikh Mohamed Waris inaugurated an international conference on the theme of “Women’s Leadership for Peace and Security in the Greater Horn of Africa” on Friday in Hargeisa.

The high-level mission held in the premises of Ambassador Hotel brought together 40 women known as G40 from 8 countries that make up the Greater Horn of Africa. The objective of the conference was to help women to adopt an action plan to enhance the status and role of women in the region. Supported by the Club of Madrid, an independent non-profit organization of more than 80 democratic former Presidents and Prime Ministers from 56 countries, the G40 deliberated on the issues of crisis prevention, democracy, security, development and leadership.

Amina Waris welcomed the community of women of teachers, humanitarian workers, lawyers, grassroots peace activists, researchers, political scientists, business professionals, historians, social workers, human rights defenders and journalists to Somaliland. She said Hargeisa was honored to host such event and called for concrete action against all forms of discrimination against women.

Open Lettere To The Nation Of Somaliland

- If somebody believes Somaliland can not govern by themselves, and would not work without the rest of Somalia; the Somalilanders figures their country can do better without the rest of Somalia. Some rumors said, all Somaliland Officials, and elders are two side of the same coin, because both would favor concessions to provent a split, and support what they call national unity. We are asking all the present Somaliland Officials and elders to speak out, so that their people could judge who can provide the leadership Somaliland needs to achieve the goals of the second chance of their independence.

Very few people become ahead of only intended to kill the good hope of their people; dreams that were designed to resist from recovering the tragic death that was planned to provoke civil war between the brothers and sisters of Somaliland. Where are their positions in the society for those who wants to betray their people and country; those who are encouraging to divide their people into groups?

Somaliland: The illegitimate widow in the Horn of Africa

- In the turbulent Horn of Africa, Somaliland is an oasis of relative quiet and order. Twenty years ago Somaliland declared itself independent. Since, however, no country has recognized this tiny state in the northeast of Somalia. Broad, slightly sloping streets in a whitewashed city. A jumble of donkeys, water tanks, qat stands, goats, camels, people, jeeps, buses, taxis and uncountable shops. Hargeisa, the capital of Somaliland is at a two-hours drive from the Ethiopian border. ‘In 1991 ninety percent of Hargeisa was destroyed. Four years later it was completely rebuilt’, says Lady Edna, who has a hard time hiding her pride. ‘So, we deserve to be independent.’

We are in Edna’s office, in a hospital that has her name because she is the one who established it. Besides being the minister of foreign affairs, Edna Adan Ismail was also the former First Lady of Somaliland. She was the wife of the “father of Somaliland”, the late president Mohamed H. Ibrahim Egal (1993-2002). This year Lady Edna becomes 75, but that does not stop her to daily run her women’s hospital with a lot of energy and to advocate the independency of Somaliland.

Read more:

http://www.mo.be/artikel/somaliland-illegitimate-widow-horn-africa

Madaxweynaha Somaliland Oo Xilkii Ka Qaaday Taliyihii Ciidanka Qaranka iyo Abaanduulihiisii

- Madaxweynaha Somaliland Md. Axmed Maxamed Maxamuud (Siilaanyo) ayaa caawa xilkii ka qaaday Taliyihii ciidanka qaranka Maxamed Xasan Cabdilaahi (Jidhif) iyo Abaanduulihii ciidanka qaranka Ibraahim Caydiid Dhab-dhable.

Madaxweyne Axmed Siilaanyo waxa kale oo uu magacaabay Gen. Ismaaciil Maxamed Cismaan (Shaqalle) inuu noqdo Taliyaha cusub ee ciidanka qaranka, halka uu madaxwaynuhu Abaanduulaha cusub ee ciidanka qaranka Somaliland-na u magacaabay, Cabdilaahi Xaaji Jaamac (Calas).

Sidaasi waxa lagu sheegay war-saxaafeed ka soo baxay xarunta madaxtooyada oo u dhignaa sidan:-

“Madaxweynaha JSL, Mudane, Axmed Maxamed Maxamuud (Siilaanyo) waxa uu xilkii ka qaaday Taliyihii hore ee Ciidanka qaranka, kuna magacaabay taliye cusub.

Madaxweynuhu:-

Somalia/Somaliland Diaspora Discussion at Chatham House February 2012

Madaxweyne Siilaanyo oo ka Hadlay Sababta uu Somaliland ugu Hogaamiyey ka Qaybgalka Shirka London

- Madaxweyne Axmed Maxamed Maxamuud (Siilaanyo), ayaa markii u horreysay sharraxay sababaha uu Somaliland ugu hoggaamiyey ka qaybgalka shirka lagaga hadlayo arrimaha Soomaalida ee 23ka bishan lagu qabanayo magaalada London ee xarunta dalka Ingiriiska. Madaxweyne Siilaanyo waxa uu sheegay in shirka London gebi ahaanba ka duwan yahay shirarkii hore loogu qaban jiray kooxaha Soomaaliya, isagoo xusay in dunidu isugu imanayso shirkan oo ay ka qaybgalayaan dawlado fara badani. Sidoo kalena aannu ahayn mid waxyeela qaddiyadda madaxbannaanida Somaliland, isla markaana ay ka wadahadleen dawladda martigelinaysa ee Ingiriiska.

“Shirar noocan oo kale ah oo intaas oo dawladood isugu timi (Soomaalida loo qabtay) meelnaba hore ugama dhicin, shirkani waa mid dunida in badani isugu imanayso, waa shir dawladda qabanaysa ee na martiqaaday cid nooga timi oo aannu wadahadal iyo wadatashi ballaadhan ka wada yeelanay, waa shir aannu u aragnay in aannu madaxbaannidayada iyo gooni-isu-taagayaga waxba yeelayn. Waa mid aannu ku talo jirno haddii Ilaahay nafta noo daayo in aannu qaddiyaddayada dunida iyo caalamka u bandhigno oo fursad noo siinaya, taasaa keentay in aannu ka qaybgalno,” ayuu yidhi Md. Siilaanyo oo isagoo ku sugan shalay dalka Jabuuti oo uu socdaal kooban ku soo warbaahintu weydiisay sababaha keenay in Somaliland ka qaybgasho shirka London, maadaama aanay hore u tagi jirin shirarka Soomaalida loo qabto.

Call to recognise Somaliland

- UKIP MEP, Godfrey Bloom has called for Britain to recognise the state of Somaliland. Speaking after the Africa Minister Henry Bellingham, dismissed the issue at the London Somalia Conference this afternoon at the Chatham House.

Bloom said, "For 21 years the people of Somaliland have shown that a stable multi-party democracy can exist in the Horn of Africa. We owe them the decency of recognition for their toil. "The country is characterised by regularly contested pluralist elections. It has a decent and trustworthy legal system. It is free trading and peaceful.

"For goodness sake," he said, "it even locks up pirates when it gets hold of them. If we believe in self determination, which this government swears it does in the case of the Falklands and Gibraltar, then why on earth do we not accept the clear and present desire of the Somaliland people for self determination?

Banaan-bax Lagu Taageerayo Qaran-nimada Somaliland Oo Ka Dhici Doona LONDON.

''War-Saxaafadeed: Kaalaya Oo u Hiiliya Dalkii Hooyo''

- Jaaliyadda Somaliland ee ku dhaqan wadanka UK, ayaa go’aamiyay in banaan bax weyn ay ka dhigaan xafiiska raysal wasaaraha Ingiriiska David Camaron hortiisa maalinta 22-ka bishan si loogu baaqo inay aqoonsadaan madax banaanida qaranimada Somaliland. Banaan baxani ayaa qabsoomaya maalin ka hor xiliga uu magaalada London ka furmayo shir weynaha Ingiriisku u qabanayo xal u helida mashaakilaadka Soomaaliya iyo xaalada guud ee mandaqada geeska Afrika.

Sidaasi waxa lagu shaaciyay war saxaafadeed ka soo baxay xafiiska Jaaliyada Somaliland ee Ingiriiska waxaanu u dhignaa sidan “Dadka reer Somaliland sida aynu la wada socono waxay meel kasta oo ay joogaan dareen siman ka muujiyeen shirka arrimaha Soomaaliya ee London, taasi oo horseeday in masuuliyiinta ururada Jaalliyada UK iyo Guddidii 18-ka May (Somaliland Working Group), iyo xubno firfircoon Jaalliyada ka tirsani shir ballaadhan ku yeeshaan xarunta urur-jaaliyadeedka West London Somaliland Community ee ku taala xaafada Hayes.

Somaliland: A Nation of Stability, Without Sovereignty

- Somalia is the world’s best example of a failed state. Warring clans forced the president out of power in 1991, and no subsequent leadership has succeeded in holding the country together. Despite the support of the United Nations and African Union troops, the current transitional government controls nothing but a small area of the capital. The surrounding area is under the power of Islamic militants such as al-Shabab, and invading Kenyan forces are creating even more destruction trying to remove the militants from power.

On the coast, pirates are a dangerous force, threatening all who sail in the surrounding waters. When famine hit the entire Horn of Africa last year, thousands died or were forced to flee, as aid was hindered by both militants and an ineffective government. It would be easy to consider Somalia a lost cause, doomed to never find a successful solution to its turmoil. But there is hope within the little-known nation of Somaliland. Amid the chaos destroying the majority of the country, Somaliland is a relatively peaceful region, and could even be seen as an example for all of Africa.

Somali-London conference: "an opportunity" for Somaliland

- More than two decades after it unilaterally asserted its independence from the rest of Somalia, Somaliland plans to lobby hard at a major conference in London in February for something it has sorely lacked since its inception: international recognition of its sovereignty.

"Somaliland will attend because 44 nations will be there and those are the ones we need to lobby and explain why Somaliland should be recognized; we see it as an opportunity," Abdillahi Jama Geeljire, Somaliland's Minister of Fisheries and Ports, said.

The London Conference, hosted by the UK government, is expected to bring together "senior representatives from over 40 governments and multi-lateral organizations... with the aim of delivering a new international approach to Somalia", according to a statement posted on the website of the UK Foreign and Commonwealth Office.

Qoraal Gaar ah Oo Ku Saabsan Shirka London Oo Dawlada Ingiriisku Somaliland U gudbisay!

- Dawladda Ingiriiska ayaa si rasmi ah u caddaysay in Somaliland aanay qayb ka ahayn dhinacyada Soomaaliya ee saxeexa ku leh hannaanka dib-u-heshiisiinta ee loo yaqaan khariidadda nabadda (road map) ee lagu soo qaadi doono shirka ka dhici doona magaalada London. Sidaana waxa lagu sheegay warqad rasmi ah oo ka soo baxday Wasiirka dawladda Ingiriiska u qaabilsan Afrika, Qaramada Midoobay, dalalka dibadaha iyo Arrimaha khilaafyada Mr. Henary Bellingham oo Jamhuuriya nuqul ka mid ah helay, taas oo lagu xusay qodobadda lagaga hadli doono shirka arrimaha Soomaaliya ee 23ka bishan February 2012 ka dhici doona magaalada London, waxaannu wasiirka Britain qoraalkiisa ku muujiyey in Jamhuuriyadda Somaliland faa’iido badan ka heli doonto shirkaas.

Qoraalkan oo Wasiirka dawladda Ingiriiska u qaabilsan Arrimaha Afrika, Qaramada Midoobay, dalalka dibadaha iyo Arrimaha khilaafyada Mr. Henary Bellingham uu toddobaadkan u soo diray Wasiirka Arrimaha Dibedda Jamhuuriyadda Somaliland Dr. Maxamed Cabdillaahi Cumar, waxa uu ku caddeeyey in Somaliland loo tixgelin doono codsiyadeeda, sidoo kalena Wasiirka Arrimaha Dibedda Ingiriisku uu kulan gaar ah la yeelan doono Madaxweynaha Somaliland Md. Axmed Maxamed Maxamuud (Siilaanyo).

Somaliland borders Are Unalterable

- The officials and surrogates of defacto Puntland Administration of Somalia routinely claim in the media that Somaliland Borders are "Colonial Borders". This blind, habitual denial of Somaliland Republic borders indicates that these individuals are either ignorant of the historical origin of the current borders of African states or intentionally mislead listeners for obsessively pursuing unattainable clan-based statehood that does not exist in Africa or elsewhere.

The United Nations, African Union, or African States did not draw or make the current borders of African States. All the borders of African independent states had been drawn by the colonial powers of Europe at the end of the 19th century, mainly during The Partition of Africa held in Berlin in 1884. The statehood, independence, and diplomatic recognition of each African State today are based on its own colonial demarcations or borders. Likewise, all the borders of the Arab World, Asia, and South America also emerged from colonial borders drawn mainly by Britain , France and Spain.

Our case against General Mohamed Ali Samatar is finally going to trial.

Dear Friends,

I am writing to share some exciting news. After over seven years of litigation, which has featured two appeals, including one that went all the way to the Supreme Court, and travel to six countries ranging from the U.S. to Djibouti to Somaliland, with stops in Italy, England, and Switzerland - our case against General Mohamed Samantar is finally going to trial.

As you may know, this is the first case to go to trial that will seek to hold any member of the former Siad Barre regime responsible for the countless atrocities that were inflicted on innocent civilians in Somalia in the 1980s. During the 1980s, General Samantar served as the highest ranking military official in the country and held the positions of Defense Minister, First Vice President, and Prime Minister. He was Siad Barre's right-hand and the commander of the armed forces that unleashed the campaign of terror.

Read more:

http://myemail.constantcontact.com/Samantar-Trial-Starts-Feb--21st.html?soid=1101292569561&aid=WBsQE1LdTlM#fblike

Response to NSPU’s Failure to Fake Document, Miserably

Dear Ali Artan,

I read your opinion posted on wardheernews.com (Statement by NSPU in Response to Abdirahman Mohamed Haji).

- Not only have you made terrible blunders to fabricate a document, but you also failed, so miserably, to anticipate the readers' reactions, therefore; you have gained my sympathy. Your opinion truly demonstrates your inability to understand that the readers using the massive resources available, at their fingers tips, could trace the source of your paper. That is, entertaining your friends at the Tim Horton is one thing; trying to produce a document that insults our intelligence and hoping that people will fall for it, is something else.

I can tell that you know diddly squat about computers and technology. For instance, simply, if you Google search an excerpt from your "paper" entitled, “MEMORIAL SUBMITTED BY THE EXPERT, PEOPLE’S REPUBLIC OF CHINA”, not so surprisingly, it will take you to nowhere else other than the clan-oriented, anti-Somaliland websites. Now, your lies have been exposed, without a hitch. But to come back, you are claiming that the document was passed to you. Buddy, I wasn’t born yesterday! What is amazing is how the NSPU—a two-man organization: Jamal Hassan and you could obtain a document that no one else has.

What Was The Prior Perceptions of Mad Mullah Conference in Talleeeh?!

''Officials in Somaliland believe now is time to stop Muggy cat politics and ethnography stalemate illusions''. By Abdulrizak Yonis Xaad  

- Recently, figment dishonesty Diaspora politicians who invaded into Somaliland internal affairs sovereignty and territorial independence for their own hidden sectarian and Somaliweyn political audience "BIGBAND " agendas exported for the destabilizations tactics to melt with constantly conflicts cycling of Somalia chaos. But it seemingly last pocket of Biyafra type renegade regions incursions obviously orchestrated by Augustine Mahiga -UN Representative for Somalia. According to Somaliland Government communiqué the majority of the audience and delegates that are attending the Taleeh majority Dhulbahante clan base conference are said to have traveled through airports in Hargeisa and Berbera.

Minister of Defense didn't referred any special task force was assigned to keep the location and movements of the suspects under surveillance. Also no assignemnt security team was able to collect reliable information on the suspects and specify their main political directions Surprisingly, without binding obligation to the permission of agreed guide lines for the conference or respecting principles of Somaliland constitution's stipulations regarding its soil sovereignty.

Athletics star Mo Farah becomes first person to complete The Cube

- London 2012 hopeful Mo Farah already has a string of achievements to his name, but now the athletics star has become the first person to beat ITV's The Cube. The current 5000m world champion took part in the popular game show for a special charity edition, but left host Philip Schofield and the audience gobsmacked after completing all seven levels with an impressive six lives remaining.

While several contestants have completed six games since the show began in 2009 – winning £100,000 in the process – until now nobody had managed to beat The Cube and scoop the £250,000 jackpot.

On Monday Schofield hinted that something impressive had occurred during filming, writing on his Twitter account: 'Just had the most intense afternoon EVER with The Cube! This is going to be a hell of a series!! Not sure when it's going out yet, but wow!'

Mo Farah: The only way I get to see my wife is with Skype

- At seven o'clock this morning, a taxi picked him from his flat in Hampton for the half-hour ride to Heathrow before a flight to Boston for a one-mile race there on Saturday. The previous Saturday, he had opened up his indoor season in some style by outsprinting Kenya's Augustine Choge in a pulsating 1500metre duel in Glasgow.

Following that, he spent a day training with his beloved Arsenal before going on to become the first celebrity to crack The Cube and win £250,000 for his charity, the Mo Farah Foundation, all that fitted around a training programme in which he runs more than 100 miles a week.

Despite all this, there are no signs of weariness from the 28-year-old, who talks as excitedly as ever despite not having seen his wife, Tania, or daughter, Rihanna, both of whom are based at the Farah family home in Oregon in the United States, for five weeks.

Read more:

http://www.thisislondon.co.uk/standard-sport/article-24033022-mo-farah-the-only-way-i-get-to-see-my-wife-is-with-skype.do

Somaliland to pass central bank law within 3 weeks: cbank

- HARGEISA (Reuters) - Somaliland's central bank governor said on Thursday parliament is expected to pass a law within three weeks that will formerly establish a central bank, paving the way for foreign commercial banks to start operating in the self-declared country by 2013.

Somaliland, a breakaway state in the northeast of Somalia, remains unrecognised internationally. It has no formal banking sector and its people rely heavily on remittances from diaspora communities in Europe, North America and the United Arab Emirates, as there are no ATMs or loan facilities.

"We expect to finalise the (Central Bank) act within a maximum of three weeks," Abdi Dirir Abdi told Reuters in an interview in the Somaliland capital of Hargeisa.

The act was brought before parliament in November 2011.

Shirka London Iyo Somaliland ''Dood''

The first crack in Africa’s map? Secession and self-detemination after South Sudan...

Adopt pragmatic practice:

In managing seemingly intractable intra-state conflict between groups, there is a need to be as flexible and pragmatic as possible. This may mean elements of recognition and engagement with functional state-like structures, as in the case of international engagement with Somaliland and recognition of the Somaliland passport. In some cases, the establishment of robust state-like structures by self-determination movements could also serve as ‘building blocks’ to reconstitute a failed state. Another important and successful example of pragmatic practice is the contested boundary between Nigeria and Benin.

Last demarcated in 1912, both sides have resolved to mediate between themselves and accept that until the border issue is resolved, in areas where there are competing claims both sides agreed not to place any attributes of their respective states – flags and so on.

Read more:

http://www.thebrenthurstfoundation.org/files/brenthurst_commisioned_reports/Brenthurst-paper-201201-The-first-crack-in-Africas-map.pdf

Liberal Democratis should promote Somaliland’s case for international recognition. By Willis Pickard

''Guji Hoosta (Orignal) Dabadeedna Aragtidaada ka dhiibo''

- While Scottish Liberal Democrats are playing a full part in the debates about the country’s constitutional future, they should not forget problems facing other less fortunate small lands. The plight of Somaliland is a case in point and is exercising the Scottish branch of Liberal International.

The first problem Somaliland confronts on the world stage is that people confuse it with lawless Somalia. It is an immediate neighbour and shares Somali culture but is largely peaceful and enjoys a recent record of solid democratic progress. So are its achievements in the troubled Horn of Africa lauded? Not a bit of it, because neither Britain nor the European Union, nor the international community in general recognise its existence.