Even though there are plenty of opportunities, the growth of economy (both micro and macro level), through business or investment, whether foreign or domestic, has never been easy as pie. Despite this, there are ways of effectively managing one’s assets, which are the individual’s core economic possession, that help improve micro economy. Likewise, it is suggested that consultancy and constant training can help grow medium-sized, local enterprises. It is necessary that the latter should be familiar with ways to measure their performance, though. Given the above tips and techniques, there are numerous challenges and opportunities in the different economic industries of Somalia such as fishing, agricultural sector, real estate, and small-sized businesses. Finally, Technology and carefully planned logistics, coupled with better consideration of corporate social responsibility should cause economic growth from employee level to bigger corporate productivity.
Download here Somali Business Review Vol 10 Issue 3-4 (July-December 2017)