The Somalia Investor – Issue#2
Somalia’s economy is operating in a near vacuum. This is due mainly to lack of effective legislation to regulate the various sectors. Although the private sector seems ready to play its role in economic development, limited regulatory support is becoming a major drawback.
This is not the only shortcoming. Private investors have a problem finding qualified manpower, they say. The situation is a hindrance to creating a robust business sector.
These two crucial issues need to be addressed.