Welcome to the 16th issue of the Somali Business Review (SBR). This edition comes at a time when Somalia is at a crossroads, grappling with challenges but also brimming with opportunities. As we move towards a future shaped by economic reforms, innovation, and resilience, this issue aims to spark conversations that matter to all of us: entrepreneurs, policymakers, community leaders, and everyday citizens committed to a better tomorrow.

Somalia’s journey towards economic stability is not just about numbers or policies; it’s about people, how they adapt, innovate, and thrive despite the odds. In this issue, we bring you stories and insights that reflect the spirit of determination and the courage to rethink our future. We explore how strategic actions can turn challenges into stepping stones and how embracing change can lead to prosperity.

We kick off with a critical discussion on Value-Added Tax (VAT) and what it means for businesses in Somalia. While VAT aims to boost revenue and formalise the economy, its implementation comes with hurdles, especially for small businesses. Our writers break down these challenges and offer practical solutions to make VAT work for everyone.

On the global front, the article “From Dependency to Trade Sovereignty” tackles the pressing reality of shrinking aid. With global assistance waning, it’s time for Somalia to chart its economic path. The proposed Aid for Trade (AfT) strategy isn’t just about policy change—it’s about building a future where trade, not aid, sustains our communities.Innovation also takes centre stage as we explore how Big Data and AI can drive social good and job creation. From tracking health trends to boosting employment, technology holds the potential to transform lives if harnessed responsibly. We also look at how solar energy solutions and green business models are helping Somalia build climate resilience while creating economic opportunities

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