obaaderemi:
We are coming for Kenya's retailers next.

We will soon be rid of the inept Buhari regime and Nigeria would occupy its right position again firmly in the African space. We may not have the government right now, but we've got the people and the spirit.

When an international franchise come sometime they sell part of the franchise management to be that of natives.

With Shoprite it manage everything from south Africa, it wasn't a franchise. However one in Nigeria will operate as franchise.

While rest around the world will be operated in South Africa

obaaderemi:
We are coming for Kenya's retailers next.

We will soon be rid of the inept Buhari regime and Nigeria would occupy its right position again firmly in the African space. We may not have the government right now, but we've got the people and the spirit.

Another instance south Africa has African right to operate Volkswagen, so any Volkswagen plant in Africa will be executed by Volkswagen South Africa

AfriqueDuZuid:


Another instance south Africa has African right to operate Volkswagen, so any Volkswagen plant in Africa will be executed by Volkswagen South Africa

This is a different scenario...


I still don't grab your franchising analogy with Shoprite exit.

AfriqueDuZuid:


When an international franchise come sometime they sell part of the franchise management to be that of natives.

With Shoprite it manage everything from south Africa, it wasn't a franchise. However one in Nigeria will operate as franchise.

While rest around the world will be operated in South Africa

Yeah, now it's going to be run by Nigerians. Probably there would be a name change in future.

Africa is a very beautiful country I'm in love with it.

[/s]

JamaicanRum:
[s]Due to the high level of stupidity and f*ckery displayed by citizens from a certain nation in here Im left with no choice but to close this thread. We came up with this forum so that the animals from my country could have a chance of communicating with advanced civilisations like South Africans and Kenyans. Little did we know they would cause this much trouble and lower you to their level of savagery and barbarity. We're very sorry for the damage we've done by exposing this animals to the world.[/s]

Gallivant the gallivanting pig himself! You and who opened this forum, you little Indian Kenyan freak?

Lori iro

obaaderemi:
We are coming for Kenya's retailers next.

We will soon be rid of the inept Buhari regime and Nigeria would occupy its right position again firmly in the African space. We may not have the government right now, but we've got the people and the spirit.

Stop misleading people here.

Only the Nigerian operations were bought were bought out by this firm but you're making it sound like they acquired all of its Africa operations.

Bifwoli:


Stop misleading people here.

Only the Nigerian operations were bought were bought out by this firm but you're making it sound like they acquired all of its Africa operations.

No, I never said that.

I wonder what you will be comparing in a Ghana vrs Kenya

For 2000 pages in the other thread, you guys couldn't match up to Ghana in even a single area of devt

kikuyu1:


We finished the Giant yrs ago! No need of repeating redundancy: We need a specific Ghana vs Kenya thread.

Just30:
I wonder what you will be comparing in a Ghana vrs Kenya

For 2000 pages in the other thread, you guys couldn't match up to Ghana in even a single area of devt

interesting

Match Ghana in exactly what - Ghana is a smaller zoo of Nigeria. Kenya is way more advanced despite having little or no minerals and being mostly semi-arid.

Just30:
I wonder what you will be comparing in a Ghana vrs Kenya

For 2000 pages in the other thread, you guys couldn't match up to Ghana in even a single area of devt

Nairobi's riverside - world class apartments

https://www.youtube.com/watch?v=01KpyrVuEmw

rvp20182:
Match Ghana in exactly what - Ghana is a smaller zoo of Nigeria. Kenya is way more advanced despite having little or no minerals and being mostly semi-arid.

in all areas of development.

After several years, and you are still making excuses for why kenya is poor and undeveloped.


Not again kiddo, smoke your wee somewhere else.

We went through your official gov propaganda figures - and dissected them. Start with electricity access - which is really mean community access. You water company has about 600K customers only - that is about number of kenyans with fiber to home connections.

Maybe when you finally afford to do a proper census - we will have some up to date figures.

Otherwise it's pure propaganda based on political parties data.

Just30:
in all areas of development.

After several years, and you are still making excuses for why kenya is poor and undeveloped.


Not again kiddo, smoke your wee somewhere else.

rvp2018:
We went through your official gov propaganda figures - and dissected them. Start with electricity access - which is really mean community access. You water company has about 600K customers only - that is about number of kenyans with fiber to home connections.

Maybe when you finally afford to do a proper census - we will have some up to date figures.

Otherwise it's pure propaganda based on political parties data.

when you can't beat the facts, you argue with nonsense noise.
My water company has almost 6 million customers
Anyway, Ghana Census has already begun.

Nigeria wanted to dump their name - and soil all Africans - United Africa Replublic?

Africa Union should reject the name change.

rvp2018:
Nigeria wanted to dump their name - and soil all Africans - United Africa Replublic?

Africa Union should reject the name change.

HOW IS the name change an African problem?

Nigeria has bad reputation that is well earned for criminality -

christejames:



HOW IS the name change an African problem?

Kenya biggest bank - want to grow user base to 100M. Equity has risen to I bet nearly top 20 in Africa - their asset now worth 10B dollars or more. By 2025 - if they get 100M - definitely will be one of biggest Africa banks. DRC is going to happen. Ethiopia maybe.

Remember Ghana's biggest bank doesn't even make to Kenya top 10!!!

The Ghana political propagandist cannot fake money in the bank vault.

https://www.bloomberg.com/news/articles/2021-05-26/kenya-s-biggest-bank-targets-seven-fold-customer-growth-by-2025

rvp20182:
Kenya biggest bank - want to grow user base to 100M. Equity has risen to I bet nearly top 20 in Africa - their asset now worth 10B dollars or more. By 2025 - if they get 100M - definitely will be one of biggest Africa banks. DRC is going to happen. Ethiopia maybe.

Remember Ghana's biggest bank doesn't even make to Kenya top 10!!!

The Ghana political propagandist cannot fake money in the bank vault.

https://www.bloomberg.com/news/articles/2021-05-26/kenya-s-biggest-bank-targets-seven-fold-customer-growth-by-2025

Ghanaians dont put their money in Banks

They put their money in investment house(asset management companies) or keep much of their money in running businesses.

Asset management companies here manages over 40 billion dollars in fund.
While banks manage only 30 billion.

Meanwhile, total banking asset in Kenya is just 50 billion dollars. Which includes mobile financial services while in Ghana, it doesn't.

Your Equity bank has 6 billion dollars in asset while Data Bank in Ghana, an asset management company has 6 billion dollars in asset.

No matter how you try, you won't catch up. Kiddo.

Where do those asset management companies keep their money? Under the mattress. or they invest offshore? or tell us in BitCoins? You're incorrigible.

To imagine biggest bank - would struggle to get to top 10 of kenya banks? Show you cannot cook data and get away with it. That is why your cities look like shanties.

As for Equity and KCB - they are now more than 10B dollars each -

Just30:
Ghanaians dont put their money in Banks

They put their money in investment house(asset management companies) or keep much of their money in running businesses.

Asset management companies here manages over 40 billion dollars in fund.
While banks manage only 30 billion.

Meanwhile, total banking asset in Kenya is just 50 billion dollars. Which includes mobile financial services while in Ghana, it doesn't.

Your Equity bank has 6 billion dollars in asset while Data Bank in Ghana, an asset management company has 6 billion dollars in asset.

No matter how you try, you won't catch up. Kiddo.

rvp20182:
Where do those asset management companies keep their money? Under the mattress. or they invest offshore? or tell us in BitCoins? You're incorrigible.

To imagine biggest bank - would struggle to get to top 10 of kenya banks? Show you cannot cook data and get away with it. That is why your cities look like shanties.

As for Equity and KCB - they are now more than 10B dollars each -

Crazy individual.

rvp20182:
Where do those asset management companies keep their money? Under the mattress. or they invest offshore? or tell us in BitCoins? You're incorrigible.

To imagine biggest bank - would struggle to get to top 10 of kenya banks? Show you cannot cook data and get away with it. That is why your cities look like shanties.

As for Equity and KCB - they are now more than 10B dollars each -

in the capital market, companies, start ups and projects.

Your biggest banks would struggle to enter the top 15 asset management companies in Ghana.


I don't know why you like to lie

Equity bank asset is at 6 billion dollars and KCB asset is below 4 billion dollars, according to your central bank.

I thought you would know what an asset management company does by now.

You're a cartoon for lack of a better word.

So people take money from their mattress - straight to capital market or startups - who proceed to bank it under the mattress.

When it comes asset management companies, pensions funds, insurance companies, equity funds, venture capitals, capital market - Kenya is 2nd only to South Africa. Nigeria struggles to match Kenya - leave alone your country that is another Zambia.

You think Upper hill - Nairobi has been built by what and who?

As for Equity Bank and KCB - check your nonsense statistic again. Both KCB and Equity are definitely in top 20 of Africa big banks - I think Equity right now is 10.15 billion dollars...with KCB following closely...at about 10B dollars. Just few miles from Nigeria's UBA, Zenith and First Bank - and definitely with Congo expansion on serious upward trajectory and possible Ethiopia opening up - Equity Bank will overtake all Nigerian banks in 5yrs. Scratch that in 2-3yrs - I see their biggest Zenith is merely 17B dollars in assets.

Ghana banks - will not get into top 10 - of kenya - despite kenya having more than 40 banks.

When it come to Ghana - Zambia - and Zimbwabwe - you have SERIOUS problem of hyper-inflation hangup. You'll not get over it that easily. Most Ghanians would rather keep dollars because the know CEDIS can get so many zeros so easily....even if you keep re-dominating it - and pegging it to the dollar.

Just30:
in the capital market, companies, start ups and projects.

Your biggest banks would struggle to enter the top 15 asset management companies in Ghana.


I don't know why you like to lie

Equity bank asset is at 6 billion dollars and KCB asset is below 4 billion dollars, according to your central bank.

I thought you would know what an asset management company does by now.

You are really slow...
Does money grow under beds ?

People work and make money which they invest in the money market funds of asset management companies.

Your third paragraph is a funny write up because your country has less than 20 asset management companies whose assets combine are less than 10 billion dollars.


You can go and check the asset of Equity and KCB from your central bank and stop making assumptions here.
We have passed those gullible talks from you.

Equity 6 billion and KCB 4 billion together have 10 billion in asset and that is miserable.

No kenyan bank will even enter the top 15 asset management companies list in Ghana.

Funny enough, the Ghanaian Cedis performs better than your shilling year over year.
I wonder if you even know what hyper inflation is..

rvp2018:
You're a cartoon for lack of a better word.

So people take money from their mattress - straight to capital market or startups - who proceed to bank it under the mattress.

When it comes asset management companies, pensions funds, insurance companies, equity funds, venture capitals, capital market - Kenya is 2nd only to South Africa. Nigeria struggles to match Kenya - leave alone your country that is another Zambia.

You think Upper hill - Nairobi has been built by what and who?

As for Equity Bank and KCB - check your nonsense statistic again. Both KCB and Equity are definitely in top 20 of Africa big banks - I think Equity right now is 10.15 billion dollars...with KCB following closely...at about 10B dollars. Just few miles from Nigeria's UBA, Zenith and First Bank - and definitely with Congo expansion on serious upward trajectory and possible Ethiopia opening up - Equity Bank will overtake all Nigerian banks in 5yrs. Scratch that in 2-3yrs - I see their biggest Zenith is merely 17B dollars in assets.

Ghana banks - will not get into top 10 - of kenya - despite kenya having more than 40 banks.

When it come to Ghana - Zambia - and Zimbwabwe - you have SERIOUS problem of hyper-inflation hangup. You'll not get over it that easily. Most Ghanians would rather keep dollars because the know CEDIS can get so many zeros so easily....even if you keep re-dominating it - and pegging it to the dollar.

1) The money market funds will still bank the money - before they invest- they don't take cash I hope - and keep it under their safes . They have to bank it - before using it to invest - either in Ghana treasury bills or real estate or equities. Therefore it would show up in your banks. But your Banks are so miniature - they struggle to make the top 10 in kenya.

2)Definitely without even checking - Kenya is far ahead in all classes of asset management than Ghana - FAR AHEAD. Maybe Nigeria can go toe to toe - with all sort of asset management, funds, capital market, name it.

3) Equity Group and KCB group are banks that beyond KENYA - Equity has subsidiaries in Kenya, Uganda, Tanzania, South Sudan, Rwanda, and the Democratic Republic of the Congo - and are trying to enter the southern africa region of Malawi all the way down to Mozambique. The same for KCB.

Therefore Equity Bank Group total assets are now more than 10B dollars - which I bet is more than all Ghana banks combined. KCB follows closely with 9.9B dollars.
https://www.the-star.co.ke/business/kenya/2021-04-06-equity-dethrones-kcb-to-be-named-biggest-lender-in-kenya/

4) If we strictly compare banking assets in Kenya - then not even close - Ghana total bank assets are not even 20B - while Kenya last I checked was approaching 50B. Scratch that - it now at 54B dollars (5.4 trillion Kshs). Nigeria last I checked were at 100B (about 42 trillion naira). Ghana at 115B cedis.

During the week, the Central Bank of Kenya released the Quarterly Economic Report for Q4'2020, highlighting that the banking sector's total assets grew by 2.9% to Kshs 5.4 tn, from Kshs 5.3 tn recorded in Q3'2020.

And yet you'll come with fake economic statistics from your political propaganda offices that you call gov...while your cities look like shanties...the real economic data..the same.

Just30:
You are really slow...
Does money grow under beds ?

People work and make money which they invest in the money market funds of asset management companies.

Your third paragraph is a funny write up because your country has less than 20 asset management companies whose assets combine are less than 10 billion dollars.

You can go and check the asset of Equity and KCB from your central bank and stop making assumptions here.
We have passed those gullible talks from you.

Equity 6 billion and KCB 4 billion together have 10 billion in asset and that is miserable.

No kenyan bank will even enter the top 15 asset management companies list in Ghana.

Funny enough, the Ghanaian Cedis performs better than your shilling year over year.
I wonder if you even know what hyper inflation is..

You still dont get how asset management companies work. Through them and gold trading houses, Ghanaians own all sort of precious metals like Gold and silver.

Go and watch BILLIONs, you will learn how asset management companies work. Pension funds, Banks, trust funds and individuals all put their monies there.
They operate outside the banking sphere.
They are like the derivative market. Anyway, there is free education youtube and the internet.

And yet, kenya only has les than 20 asset management companies whose combine asset is less than 10 billion according to your regulator.
Tell me how those will compare to the 86 asset management companies in Ghana with combine asset above 40 billion dollars? Your country is insignificant in this field kiddo

Stop lying kiddo
Your Equity bank has just 6 billion asset.
Check below for both KCB and Equity asset.
That's miniature compare to the funds in asset management companies here.

You think Ghanaians just live better lives than kenyans out of the blue?


I've already given you Ghana total banking asset at 34 billion dollars and asset management companies have 40 billion dollars under management.

That is far above your entire bank assets of 50 billion dollars and asset management companies 10 billion dollars.

Next time, speak with facts instead of running your delusional mind in the mud. You can only do that among Kenyans.

My cities are too developed for your shanties to compare, my villages are even far developed than your shanty cities.
Your economy is still playing catch up to mine and your country's development is still on the levels of Zambia and other despotic nations playing catch up.
Keep working hard kenya.

rvp20182:
1) The money market funds will still bank the money - before they invest- they don't take cash I hope - and keep it under their safes . They have to bank it - before using it to invest - either in Ghana treasury bills or real estate or equities. Therefore it would show up in your banks. But your Banks are so miniature - they struggle to make the top 10 in kenya.

2)Definitely without even checking - Kenya is far ahead in all classes of asset management than Ghana - FAR AHEAD. Maybe Nigeria can go toe to toe - with all sort of asset management, funds, capital market, name it.

3) Equity Group and KCB group are banks that beyond KENYA - Equity has subsidiaries in Kenya, Uganda, Tanzania, South Sudan, Rwanda, and the Democratic Republic of the Congo - and are trying to enter the southern africa region of Malawi all the way down to Mozambique. The same for KCB.

Therefore Equity Bank Group total assets are now more than 10B dollars - which I bet is more than all Ghana banks combined. KCB follows closely with 9.9B dollars.
https://www.the-star.co.ke/business/kenya/2021-04-06-equity-dethrones-kcb-to-be-named-biggest-lender-in-kenya/

4) If we strictly compare banking assets in Kenya - then not even close - Ghana total bank assets are not even 20B - while Kenya last I checked was approaching 50B. Scratch that - it now at 54B dollars (5.4 trillion Kshs). Nigeria last I checked were at 100B (about 42 trillion naira). Ghana at 115B cedis.

During the week, the Central Bank of Kenya released the Quarterly Economic Report for Q4'2020, highlighting that the banking sector's total assets grew by 2.9% to Kshs 5.4 tn, from Kshs 5.3 tn recorded in Q3'2020.

And yet you'll come with fake economic statistics from your political propaganda offices that you call gov...while your cities look like shanties...the real economic data..the same.

You're a sick joke I shouldn't waste my time with.

Just30:
You still dont get how asset management companies work. Through them and gold trading houses, Ghanaians own all sort of precious metals like Gold and silver.

Go and watch BILLIONs, you will learn how asset management companies work. Pension funds, Banks, trust funds and individuals all put their monies there.
They operate outside the banking sphere.
They are like the derivative market. Anyway, there is free education youtube and the internet.

And yet, kenya only has les than 20 asset management companies whose combine asset is less than 10 billion according to your regulator.
Tell me how those will compare to the 86 asset management companies in Ghana with combine asset above 40 billion dollars? Your country is insignificant in this field kiddo

Stop lying kiddo
Your Equity bank has just 6 billion asset.
Check below for both KCB and Equity asset.
That's miniature compare to the funds in asset management companies here.

You think Ghanaians just live better lives than kenyans out of the blue?


I've already given you Ghana total banking asset at 34 billion dollars and asset management companies have 40 billion dollars under management.

That is far above your entire bank assets of 50 billion dollars and asset management companies 10 billion dollars.

Next time, speak with facts instead of running your delusional mind in the mud. You can only do that among Kenyans.

My cities are too developed for your shanties to compare, my villages are even far developed than your shanty cities.
Your economy is still playing catch up to mine and your country's development is still on the levels of Zambia and other despotic nations playing catch up.
Keep working hard kenya.

rvp20182:
You're a sick joke I shouldn't waste my time with.

Why did you say Equity Bank's asset base was 10bn Dollars when it is just 6bn$ ?

on a more serious note: how do Kenyans cope with buying petrol at about 100ksh per litre?

rvp20182:
You're a sick joke I shouldn't waste my time with.

Your lies are catching up with you


So who is the sick joke here ?

come back with facts and not innuendos of illusions

Equity Group - bought Congo second-biggest bank (will soon be the biggest bank). Equity Bank is one of the fastest-growing bank - and will overtake your Zenith or 1st bank in 3 yrs . Remember equity was not even a bank when I was in university 20 yrs ago. It was a building cooperative society.

Total assets rose to 1.02 trillion shillings from 673.7 billion shillings in 2019.

https://www.reuters.com/world/middle-east/kenyas-equity-group-says-2020-pretax-profit-drops-30-2021-03-29/

It now has overtaken KCB - who have nearly 10B - they are on 9.98 trillion Kshs.
https://www.the-star.co.ke/business/kenya/2020-11-27-new-acquisitions-set-kcb-in-race-to-sh1-trillion-asset-base/

The 3rd is the cooperative bank - run by kenya's africa largest cooperative movement - now more than 6B dollars you're talking about.

Kenya banks like Kenya co-orp do not just expand like idiots - I see from Nigeria - they make strategic profitable expansion - because again - the bank is staffed by brilliant Kenyans

Just watch both Equity and KCB overtake your banks in 3yrs tops. Once we get Ethiopia to OPEN UP HER 100M market - and to add to the Congo 80M market - - our banks will just be second to South Africa in SSA. Those two countries EQUAL Nigeria - and totally UNBANKED (like Ghana). We are circling Ethiopia - with most of our banks with representative offices - waiting for the Financial sector to open up - like Telcom has.

Then we have the Ghana mad man trying to compare Kenya with her country

obaaderemi:
Why did you say Equity Bank's asset base was 10bn Dollars when it is just 6bn$ ?

on a more serious note: how do Kenyans cope with buying petrol at about 100ksh per litre?