ublic share issue in Berbera takes place after technical differences between organizers and Sahil regional administration are solved amicably then not amicably
By: Yusuf M HasanPontus Marine MD Abokor poses an investors querry in Berbera
BERBERA (Somalilandsun) – Residents of Sahil region finally received briefing on the fisheries sector development program fronted by the Pontus Marine Ltd that is issuing shares of the company worth $5m
Despite the failure to undertake the function a day earlier caused by the police which ordered organizers to stop activities then in motion at the Barwago Hotel in Berbera following orders of the regional governor the program went on the following day (28th) as planned.read more
By: Yusuf M HasanMr Abokor presents Pontus marine to Toghdeer residents in Burao
BURAO (Somalilandsun) – The public issue of Pontus marine company shares worth $5m expects to garner over $600,000 in Toghdeer region following the launch of the first ever issue of such shares in the country in Burao town.
At a function organized by the Guul Group consultancy company 79 resident5s of the sprawling region in the east and home to the biggest livestock market in Somaliland registered for purchase of a diversified number of the Pontus marine ltd shares each worth $500.
The prospective shareholders of Pontus marine an international company owned by somalilanders mostly in the Diaspora is to be partners in a fisheries sector development that will see the country attempt for the first to have its marine resources fully benefitting residents.
During a presentation at the Burao function held at the cities Barwago hotel –Omaar building a company director Mr. Ahmed Abokor who made a presentation on the fisheries program of his company and later fielded questions to the assembled prospective investors informed that the main objective is not only to develop the sector which is currently of benefit to foreigners both legal and illegal but to have active participation of citizens as well.
The Managing director who gave various aspects of the fisheries sector development plan of the company further urged citizens to take part in the innovative fisheries strategies designed by Pontus marine by acquiring shares in the company thence became part of an innovative plan.
According to Mr. Abokor hundreds of somalilanders in the Diaspora have already acquired Pontus marine ltd fisheries development shares thence the opportunity for local based ones to do likewise through the $5m worth of shares on offer.
A section of participants at the Burao Share issue”The company is focusing on supplying fully processed quality fishery to both domestic and overseas markets through the acquisition of state of the art technology and the establishment of canning factories in a number of port cities” said Mr. Abokor
In conclusion of his presentation the Pontus marine director further revealed that “Not only shall the successful implementation of this program greatly facilitate locals benefit from their marine resources but create over 400 new jobs in the fishery and other related sectors like services, transport and hospitality etc”
Having successfully completed its first foray of organizing and conducting the Pontus marine shares issue in Burao Guul Group is in Sahil Region where residents of the country’s major fishing industry shall be availed a similar opportunity at the Barwago hotel in Berbera town on 27th August 2013 at 6pm followed by Marodhi-jeeh region a few days later.
Be there to be part of this great innovative project designed to stimulate the country’s fishing industry thus provide sustainable livelihoods, employment opportunities and economic development.
For details on how to participate in this venture for citizens outside the country or in other parts of the country kindly Contact the Guul Group Managing Director Mr. Guleid Telephone 00252 24735293 and emailgrowth@guulgroup.com
By: Yusuf M HasanGuul Group and Pontus marine ltd officials at the progream Launch in Hargeisa
HARGEISA (Somalilandsun) – Pontus Marine Ltd Somaliland’s first global fishing company focusing on supplying quality fishery to both domestic and overseas markets has launched its local operations with the issue of $5m worth of shares of the company to the public.
At a function organized by Guul Group Consultancy at Ambassador Hotel in Hargeisa the Managing Director of Pontus Marine Ltd Mr. Ahmed Abokor revealed that over 400 new employment opportunities are targeted following the share issue to the public.
“So far hundreds of somalilanders in the Diaspora have already acquired Pontus marine ltd fisheries development shares” said Mr. Abokor as he informed that $5m worth of shares are on offer for citizens.
The Managing director who gave various aspects of the fisheries sector development plan of the company further urged citizens to take part in the innovative fisheries strategies designed by Pontus marine by acquiring shares in the company.
The Pontus marine fishery program shall provided canned marine products packed in establishments to be established in Hiis and Mayd ports in Sanaag region.
The company’s public share issue shall initially be held in three cities is spearheaded by Guul Group which is organizing the launch of this much needed investment and subsequent operations startup.
Following the press conference that launched the program Guul Group has organized the following itinerary for the Pontus marine bosses to officiated at the share issues
1. Toghdeer region at Barwago Hotel Burao on 26th August 2013 at 6pm
2. Sahil Region at Barwago Hotel Berbera on 27th August 2013 at 6pm
3. Marodhi-jeeh region at Ambassador Hotel Hargeisa on 28th August 2013 at 6pm
Be there to be part of this great innovative project designed to stimulate the country’s fishing industry thus provide sustainable livelihoods, employment opportunities and economic development.
The two companies of Guul Group -organizing and Pontus Marine Ltd-implementing are owned by somalilanders in the Diaspora with broad international and local consultancy and investment experience.
Somalilandsun – Guul Group is organizing a launch for Pontus Marine Ltd Somaliland’s first global fishing company focusing on supplying quality fishery to both domestic and overseas markets.
The launch is for selling $5m worth of shares for the company. This much needed investment for Somaliland.
The two companies are owned by somalilanders in the Diaspora with local operations in the country where Pontus Marine Ltd www.pontusmarine.com; is in the process of initiating a broad share issues in the company as pertains to fishery sector development while Guul Group www.guulgroup.com specializes on investment and economic development consultancy in which it has distinguished itself so far.
Guul Group under contract from Pontus Marine Ltd is cordially inviting those citizens interested in acquiring shares in fishery development to a launch of shares issues worth $5m at the following dates and venues where your presence would very much be appreciated:
9am – 11am Sunday 25th Aug in Ambassador Hotel Hargeisa
9am – 11am Monday 26th Aug in Maansor Hotel Berbera
9am – 11am Tuesday 27th Aug at the University of Burao
Be there to be part of this great innovative project designed to stimulate the country’s fishing industry thus provide sustainable livelihoods, employment opportunities and economic development.
(Somalilandsun – Guul Group has developed a network and mustered years of experience working with individuals, groups, institutions and government agencies in Somaliland, Somalia and the Horn of Africa.
The company has been in business in Somaliland for a while and now deeply understands the tenets of doing business in the area. The level of experience garnered by Guul Group through the successes and challenges has put the company in a suitable position to offer proficient consultancy services to individuals and businesses that eye doing business in Somaliland.
Consequently, Guul Group is currently offering services in Business planning, development & strategy, project management, event management, marketing, branding and training, all of which are provided across Somaliland and Somalia with partners across the Horn of Africa.
Guul Group CEO with Horn of Africa Business Association Director Mark Jones
So far, the company has enabled a number of investors to take advantage of business investment opportunities in Somaliland and have been able to reap hefty profits through such informed business initiatives. Guul Group works with individuals, small, medium and large sized businesses in enhancing a more conducive investment environment through acquiring, analysing and presenting practical business information to interested businesses.
Entities that would like to make worthwhile investments in the region should not hesitate to contact Guul Group. That is because investment should not be done blindly, but should be spearheaded by a well informed entrepreneurial team with up to date hands-on information about the potential business environment. That is what Guul Group has to offer. With a wide network, business experience, projects management and marketing projects, Guul Group is the exact service provider that you need to provide you with invaluable consultancy services that will guarantee your business prosperity.
Business in Somaliland is lucrative, but that can be elusive if the initial process of setting up the business is not well done. There are a number of challenges that are associated with investing in Somaliland, particularly if it is by someone who has not done extensive research or contracted the services of a well informed consultancy company like Guul Group.
If you really want to do business in Somaliland, Somalia and in extension, the Horn of Africa, you should contact Guul Group for its consultancy services in business, management and marketing.
About Guul Group
‘Guul’ meaning ‘success’ in the Somali language has been incorporated with the English word ‘Group’ to portray and highlighting the amalgamation, collaboration and affiliation of successful Somali and foreign investors. Guul Group is a corporation that has a sizeable portfolio and is operating across a range of sectors that include agriculture, livestock, and consultancy. It has striven to establish and bolster trade within Somaliland, Somalia and the rest of the Horn. The company is fully primed to invest and create in the region’s growing economy thus will contribute to the eventual growth of the region.
Guul Group CEO with Rachel Elnaugh from BBC Dragon’s Den
Guul Group’s vision is to spread its wings far beyond the Horn of Africa with significant international operations in many industries by 2020. The brand is focused; a clear vision of the future, guiding the organisation’s path to growth. GG management envisage reaching that vision, not only by connecting and building trust with customers, consumers and clients but by entrepreneurial qualities such as pioneering, creativity, innovation, knowledge and inspiration. Guul Group’s growth plans encompasses diversification through adding new lines to existing business , adopting horizontal and vertical growth strategies and moving to new regional markets. The Group’s vision for an environmentally friendly and sustainable growth is guided by strong values of trust, credibility, quality, integrity and transparency.
Guul Group is headquartered in Hargeisa Somaliland, with partners across the Horn of Africa and the UK. We are constantly looking for new ideas, opportunities and partnerships; please get in touch.
AN EXTRA 20,000 live sheep have been brought to Bahrain to meet soaring demand during Eid Al Fitr.
The Bahrain Livestock Company (BLC) yesterday confirmed it had imported the animals from Somalia ahead of next week’s holiday, which marks the end of Ramadan.
More than 15,000 sheep and chilled Pakistani beef has also been distributed to markets across the country in the last three days.ompany (BLC) yesterday confirmed it had imported the animals from Somalia ahead of next week’s holiday, which marks the end of Ramadan.read more
(Medeshi) – A company named Pontus Marine Limited to trade by shares for the development of the fisheries business in Somaliland was launched today at the People’s Palace Hall at Queen Mary University in East London. The executive director of the company Mr. Mohamed Yusuf who also owns the Invicta Capital Limited said that the company was being launched after a through research and a feasibility study that showed the prospectus of potential fishing business in the ports of Maydh in Sanaag and Bebera in Saahil of Somaliland. The company will start the first phase of the work from Maydh port where the company will initially use pontoons as a temporary service while the port is being developed . Mr Yusuf said that ” although this is unique business initially based in Somaliland , it will eventually extend along the coast to Somalia in the future”. [youtube http://www.youtube.com/watch?v=cs4YLHhP62A] The company decided to establish a fisheries operation in the Gulf of Aden ( initially based in Maydh and Berbera) which is one of the most productive phytoplankton and zooplankton areas in the world, sustaining rich feeding and nursery grounds for more than 600 fish species , including high value species like tuna, lobster, cuttlefish, shrimps, shark and many more…read more
Somalilandsun – Many people in the country are of the view that tea cannot be grown in Somaliland given the erratic rainfall, inappropriateness of altitude and soil. In contrast, the climate is conducive to growing tea in the country and there is a technology to manage soil and rainfall.
A leading Tea Development Authority in Kenya tea Production Company is looking into the potential prospects of growing tea in Somaliland and is interested in setting up large scale tea plantations and small scale farms in the country and their vision is eventually to add value the tea products locally and package for local consumption and with time and capacity to export from Somaliland to neighboring regions. The principals overriding my interest in this sector are to enable the economic development of Somaliland by setting an example to be emulated by others.read more
In a series of articles on VC4Africa, Tim Weiss explores private equity investment challenges in East Africa.
When investing, it is important to be aware of context-specific hurdles. Although investing is a risky business anywhere in the world, each market has its own characteristics. Below I’ll discuss 7 key hurdles to take when you are investing in East Africa, based on recent interviews I had with 22 representatives of (social) equity investment funds, consultancy companies, online news platforms and development finance institutions (DFI) focused on East Africa.read more
HARGEISA (Somalilandsun) – Residents of some rural and urban communities in Somaliland are now utilizing
solar power as their main and only source of electricity.
According to Ms Asha Khalid 37, thanks to the portable solar bulbs sold by Guul Group-GG her 12 years son Master Hussein who is a 5th grade pupil can now do his homework at ease thus an improvement in his academic grades.
Hussein Adan who is one of the brightest students in Obsiye, used to struggle with studies in his darkened home due to lack of sufficient light as he mostly relied on the one kerosene lamp the family owned thus in great demand, but after his parents brought home the GG supplied solar bulbs things have improved rapidly for him especially at school.read more
Pontus Marine MD Abokor poses an investors querry in Berbera
Mr Abokor presents Pontus marine to Toghdeer residents in Burao
A section of participants at the Burao Share issue”The company is focusing on supplying fully processed quality fishery to both domestic and overseas markets through the acquisition of state of the art technology and the establishment of canning factories in a number of port cities” said Mr. Abokor
Guul Group and Pontus marine ltd officials at the progream Launch in Hargeisa
