Business

Somaliland: Dahabshil Group Scoops Top Award in the Corporate Category

August 31, 2012   ·   344962 Commentshttp%3A%2F%2Fsomalilandpress.com%2Fsomaliland-dahabshil-group-scoops-top-award-in-the-corporate-category-34496Somaliland%3A+Dahabshil+Group+Scoops+Top+Award+in+the+Corporate+Category+2012-08-31+20%3A06%3A03goth+Mohamedhttp%3A%2F%2Fsomalilandpress.com%2F%3Fp%3D34496

Dahabshil group of companies has been awarded the top prize in the corporate category at the two day exhibition to show case their work which was host by the Ministry of National Planning and development held at Mansoor hotel.

The company plays an important by providing assurance to foreign investors that they are signing contracts with a legitimate entity. Lack of international recognition has deterred foreign companies because they cannot get insurance cover.

“Somalis have shown themselves to be capable of remarkable innovation and enterprise,” said Duale. “However, their aptitude for business and trade can only be fully realized if there is the proper infrastructure in place to harness it.”

Money from remittances has been used to build hospitals, schools and other infrastructure courtesy of dahabshil group.

The company also provides a reliable and affordable communication to Somalilanders in the form of cheap rates both local and international calls.

The company displayed the various services it offers to the people of Somaliland in various capacities and the important role it plays in the in the Somaliland economy.

Apart from the financial services it provides, Dahabshil group also plays a crucial part been the biggest employer in the private sector in the country considering the unemployment rate in the country.

In recognition of the important role played by the diaspora in fuelling economic and social development, Mr Duale also stated Dahabshiil’s intentions to collaborate with the International Fund for Agricultural Development (IFAD). Dahabshiil, the largest private sector employer in the Somali region, plans to work with IFAD to leverage the contributions of diaspora communities and encourage economic sufficiency through investment in sustainable agriculture – particularly in rural areas in Somalia. The aim is to boost social entrepreneurship and increase access to markets for diaspora members.

The Somaliland Ministry of Planning and Development hosted a two day exhibition (August 28th and 29th) to showcase the work of United Nations and local agencies working in Somaliland in Hotel Mansoor.

Minister of Planning and Development Sacad Ali Shire speaking during the last day of the exhibition, said Somaliland plays host to more than 22 UN agencies, 50 international non-governmental organizations and more than 360 local Ngo’s but a good portion of the population don’t have a clue on the purpose they serve.

The Exhibition which was intended to create opportunities for members of the public to ask questions on the working of the Ngo’s and also employees of various agencies in Somaliland to meet each other, Dr. Shire said in a speech during the closing day of the exhibition.

The Minister of National Planning expressed his gratitude’s to the Dahabshil group for its role in sponsoring the exhibition.

Dr. Sacad Ali Shire told participants that similar exhibition will be held in the future.

During the exhibition the local companies were afforded the opportunities to showcase their contribution to the society in accordance with fulfilling their corporate responsibilities.

The two day Exhibition is the first of its kind to be held in the region in 21 years, said Ubah Mohamed Ismail who head of the ministry’s co-ordination department.

Goth M Goth

Somalilandpress.com

 

 

 

 

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By goth Mohamed

Tags: Dahabshil, exhbition, NGOs, Somaliland