Somaliland's SSBs employ 98.5% of its workforce and contribute 70% to its GDP. But in 2010-2012, their turnover fell by 27%, their income by $1.4 million, and the average lifespan of a newly started SSB fell to only 8 months. This study examined the determinants of the performance of SSB projects in Borama Town, Somaliland, with specific focus on knowledge of business management; credit facilities; capital and attitude of SSB owners. Guided by the Contingency Theory, the study used cross sectional survey design on a sample of 278 SSBs in February - March 2014. It was established that...
Somaliland's SSBs employ 98.5% of its workforce and contribute 70% to its GDP. But in 2010-2012, their turnover fell by 27%, their income by $1.4 mill...