₦airaland Forum

samorobo:
Yeah was expecting to hear that,but facts on ground don’t agree with your imaginations.

actually I'm on a critical infrastructure line... They don't loadshed lines that have critical infrastructure connected to them

Shma:
Sounds contradictive but yeah, it makes more sense than your previous plain submission.

I also agree with you on wealth.

don't know how it's sounds contradictive however my previous submission was solely a comparison between GDP nominal vs ppp

samorobo:
Yeah we are the same, on extreme bad days I get 10 hours off otherwise it’s usually 5-7hrs. I turn on my gen to compliment the power I get and so do you.


And yes I posted everything so you can feel the raw heat and be angry, also what happened to your sudden change of tone, o thought you said it was just 2.5hrs.

I ain't angry bru I was joking when I said I got a generator, I don't get loadshedding in my area

samorobo:
Stuf you can’t invalidate that video and the guys experience my mere words. Your zoo is on fire and I have my receipt. Just shut up and read up.
Your power sector is just like Nigeria’s or even worse,you can’t tell me nothing man.

JOHANNESBURG (AP) — South Africans are struggling in the dark to cope with increased power cuts that have hit households and businesses across the country.

The rolling power cuts have been experienced for years but this week the country’s state-owned power utility Eskom extended them so that some residents and businesses have gone without power for more than 9 hours a day.

A strike by Eskom workers added to the utility’s woes including breakdowns of its aging coal-fired power plants, insufficient generation capacity and corruption, according to experts.

The prolonged power cuts are hitting South Africans in the winter months of the Southern Hemisphere when many households rely on electricity for heat, light and cooking.

Small and large businesses have had to close down for prolonged periods or spend large amounts for diesel fuel to operate generators. Anger and frustration is widespread among business owners and customers at the power cuts, which Eskom calls load shedding.


FILE - A coal-fired power station in Witbank, South Africa , Monday, Oct. 11, 2021. South Africans are struggling in the dark to cope with increased power cuts that have hit households and businesses across the country. The rolling power cuts have been experienced for years but this week the country’s state-owned power utility Eskom extended them so that some residents and businesses have gone without power for more than 9 hours a day. (AP Photo/Themba Hadebe, File)
JOHANNESBURG (AP) — South Africans are struggling in the dark to cope with increased power cuts that have hit households and businesses across the country.

The rolling power cuts have been experienced for years but this week the country’s state-owned power utility Eskom extended them so that some residents and businesses have gone without power for more than 9 hours a day.

A strike by Eskom workers added to the utility’s woes including breakdowns of its aging coal-fired power plants, insufficient generation capacity and corruption, according to experts.

The prolonged power cuts are hitting South Africans in the winter months of the Southern Hemisphere when many households rely on electricity for heat, light and cooking.

Small and large businesses have had to close down for prolonged periods or spend large amounts for diesel fuel to operate generators. Anger and frustration is widespread among business owners and customers at the power cuts, which Eskom calls load shedding.


The power blackouts are here to stay say experts who warn it will take years to substantially increase South Africa’s capacity to generate power. South Africa mines coal and relies heavily on coal-fired plants, which causes noticeable air pollution. The country is looking to increase power production from solar and other renewable sources.

“The big picture is that we were at least expecting (heavy power cuts) this winter,” said energy expert Hilton Trollip. “Eskom told us at the end of last year that there was a chronic power shortage ... What that means is that until we have a substantial amount of extra generation on the grid, we will continue to be at the risk of load shedding at any stage. The question then is how bad will the load shedding be?”

He lamented the impact of the blackouts on the economy.

“The most direct economic consequence is when businesses have to stop production because they don’t have electricity ... whether you have a factory, a travel agency or you have a shop,” said Trollip. “Whenever economic activity is disrupted because there is no electricity, that is a direct cost to the economy.”

The power cuts are costing South Africa well over $40 million per day and deterring investment, say economists. South Africa’s economy, Africa’s most developed, is already in recession and is suffering a 35% unemployment rate.

Small businesses in the country’s townships, suburbs and rural areas are among the hardest hit by the effects of the rolling blackouts, said Trollip.

Buhle Ndlovu, a teacher at a nursery school in Soweto, Johannesburg’s largest township, said the power cuts increased her costs to run the school.

“We cater to about 40 children here. We need to feed healthy meals to them daily,” said Ndlovu. “At the rate we charge we can’t afford to take on additional costs to buy gas in order for us to cook. Loadshedding has really made it difficult for us.”

She said it is a challenge to take care of children by candlelight until parents come to pick up their kids well after dark.



Some shops, however, are getting new business from the power cuts, like Uri’s Power Center which is seeing brisk sales of power generators, batteries and other backup systems.

“I think people should definitely look to become less reliant on Eskom. I don’t believe that the power situation is going to resolve itself any time soon,” said owner Adam Zimmerman at his shop in the Randburg area. “We’re all aware of Eskom problems and people have various options whether to invest in a generator to run their business or home.”

On Friday, Eskom chief executive Andre de Ruyter said at a press conference that the crisis was receiving serious attention and that he had personally briefed President Cyril Ramaphosa about what the company is doing to keep the lights on.


https://apnews.com/article/africa-johannesburg-south-climate-and-environment-6d508d26614e7aee1a0e23cfc030dd6b?utm_campaign=TrueAnthem&utm_medium=AP&ut

jezeez Sammy...could you not just post the link without quoting the entire article?

Also I got myself a generator just like you my bru it's just that mine doesn't have to run 24/7...only when there is loadshedding

samorobo:
Nope. We sanctioned them with huge funds and they came begging on their knees in aso rock,pleading for mercy. Now that doesn’t speak superiority mate.

and yet you minimised the fine by 600% because you knew Nigeria can't go without MTN

samorobo:
Nope Twitter is American. American wealth made Elon musk not shabby SA. Fix your economy and stop day dreaming.

I couldn't really care, I'm just using your logic wrt shoprite

Shma:
You don't need to explain the definition. I asked you a very simple question, which you're yet to answer: what does PPP focus on that Nominal or rather real GDP doesn't as far as comparison is concerned?

PPP is good in measuring the standard of living ---- MORE OFTEN THAN NOT --.

For instance; China has a huge PPP than US. What does that mean? it means that cost of living in China is cheaper than the cost of living in the USA.

Ask yourself why gross national income( GNP) Is used when categorizing countries with the class of living(upper, lower, or middle) - which are in turn used for global comparison? To arrive at that, nominal GDP minus income earned by foreign residence plus PPP(within the country) and other domestic accounted cash flows come into play- that should mean that PPP plays a role yes, but insignificant when compared to real or nominal GDP.

To me, this field mostly decompounds the differences in the price levels in each country - nothing big - and that can be affected by productivity or inflation depending on your policies or the status quo of a country hence making it a more complex approach to arriving at the accurate data.

In nutshell... PPP is just an index that is based more on exchange rates. If you want to adjust GDP data of a certain country - based on the universal currency which is the dollar --- then PPP should come into play.

I did infact answer your question... If you actually look at the original response rvp2018 gave it was about GDP PPP vs GDP nominal.....at the end of the day they both measured the same thing, GDP! PPP is just GDP of a country adjusted for the difference in prices of a basket of goods compared to another country.

My point is that PPP is a fairer comparison than Nominal..... That doesn't mean there aren't better ways at comparing economies with each other.... I for one am a large supporter for comparing countries based on wealth and not GDP....

Also China has a bigger GDP PPP than the US because it has 1.2 billion people, and should in theory have a larger economy, however this is not the case when we look at GDP nominal, hence why again I say PPP is the more realistic measurement when compared to nominal

rvp2018:
All good except it hard to keep PPP accurate; the dollar is very responsive to economic changes and tells a truer picture very fast; unless the forex market is rigged (fixed); so nominal GDP is de-facto and used everywhere for international comparison. PPP are mostly used for internal matters..like poverty analysis.

GDP PPP might be more complex to calculate however very smart economist get paid a lot of money to keep those figures up to date ad accurate...... GDP PPP was literally created because it is a better and fairer reflection of economies when compared to each other.... And GDP nominal is not the de-facto when comparing economies... There are in fact much better methods...one could even say GDP PPP is outdated compared to new methods such as comparing wealth of countries instead of GDP

Shma:
Expound your argument! In terms of what exactly? Productivity... Wealth... standard of living or everything that lies within the scope of economy? Don't be shallow in your submission. Tell us more. Also, drop some conceptual analysis - comparing Ppp with nominal GDP & why purchasing power parity is the best index to do a comparison between countries.

NB
I'm not disputing the fact that ppp does comparison.. But I know specific areas which it does. Now the onus is on you to tell us why you concluded up with the emboldened.

I've told you and rvp2018 this same thing many times ... But I'll do it again..... GDP nominal is the simple measurement of the value of goods and services in US dollars.... However the problem lies in the fact that goods and services are not equally priced in every country hence what $100 buys you in the US is not the same as what $100 buys you in Kenya( aka difference in PPP)

Thus a basket of goods in the US might cost $100 but for the same basket it might only cost $50 in Kenya now for argument sake if a countries gdp was based of only this one basket the GDP nominal would be $100 for the US but only $50 for Kenya however this obviously isn't a fair comparison and isn't a true reflection of the countries wealth

The fact is PPP measures goods and services at the prices that they are locally and thus compares the absolute purchasing power of the countries own currencies.

GDP nominal is in fact a horrible and outdated way of comparing economies

rvp2018:
With expected devaluation of many currencies - this list will change a lot - Egypt or South Africa will come tops. Nigeria might get 40% haircut. Now you - seem to go IMF nominal GPD - when favourable - and PPP when unfavourable.

Nope, PPP is still the better method when comparing countries, this would obviously put Egypt ahead of SA.

The discussion we were having was about GDP nominal, that's it.

gallivant:
Proper ranking....

https://www.statista.com/graphic/1/1120999/gdp-of-african-countries-by-country.jpg

@samorobo... Chech this graph from the Imf

Bloodofthelambo:
Bro find a girlfriend ASAP, you clearly are starved of Attention and something else

says the dude constantly quoting me

Bloodofthelambo:

I knew you were gonna hang on the 'stone age' part to kill your boredom, More like a bait But I lost interest.
If South Africa were land locked, it would be fair to engage you further on the matter.
The fact remains, no landlocked country can become a (major) regional or world power.

Let me leave you with this info.

well my previous post 100% confirms the opposite... Now take your L and move on

Bloodofthelambo:
.

LOL no need to delete your post mate the internet never forgets!

Odunayaw:
You must have bottled this up for a while. Small rugby, comrade don pull a Martin Luther

my bru I literally called it before the game everybody was saying we will win by 30 points or more, but i had this feeling we might lose(and we nearly did) .......We never do well as favourites, hence why we never hold the number 1 ranking for that long(compared to New Zealand), only when people write us of do we preform....

Bloodofthelambo:
ta mere

don't resort to insults bru.... Take your L and move on

Bloodofthelambo:
most times you argue like a toddler , kindly tell me one country from Stone age till now, that ever became world or even a regional power being landlocked, Damn!!!
Zimbabwe was never a regional power.
Regional powers have some level of influence outside their region.

wow hypocritical much hey throwing insults acting like you know something

Maybe if you did a little research you would have known that tiny landlocked Mongolia became the largest empire in history

Lurker4Long:
kikuyu1, jl115, greenandgold and that closet rugby lover Odunayaw

This weekend's clean sweep by Argentina, Australia, New Zealand and South Africa affirms yet again, the primacy of southern hemisphere rugger!
And yet the northern hemisphere persist with the fiction that next year's World Cup is theirs for the taking!

We played horrifically!! But at least we won

However if I was a betting man I'd put my money on France to win the World Cup..... Unfortunately the Springboks(much like SAn society) get to comfortable and lackadaisical when things are going OK, we don't have any motivation to do better... This is what sets us apart from the ABs who have a mindset that they must win every game like its the last match they will ever play..... The reason we won the 2019 WC was because everybody wrote us of, nobody as in nobody gave us a chance of winning some even said we might lose to Italy again and not even get out of our pool.

South Africans thrive when we have a common goal and/or impossible challenge that nobody expects us to conquer we've seen it through our history, boer war, battle of isandlwana, delville wood, Fight against apartheid, hell even the fact that the NPs was able to survive so long against the Anc and international pressure,every ethnicity/tribe in SA have incredible amount of grit and superior discontent IF there is a challenge!!!

However when there is no challenge, goal or common enemy we slip back to mediocrity, that's is why we've allowed the ANC to get away with so much the past decade or so, this is why GBV is out of control ect ect, its because we don't have that motivation.

Stormtrooper11:
That proves my point that landlocked country can barely survive as a regional power.

My bru how many non landlocked countries have also gone down the drain because of bad leadership?? This doesn't prove your point in the slightest

Stormtrooper11:
"were" is the key word. They power couldn't be consolidated. Zimbabwe fell into depression too under the "most exalted" Mugabe.

yes I know... Hence why I said "were" the whole time??

Stormtrooper11:
When you mean powerful, you mean soft power I think.

no I mean in terms of military, politics and economically they were powerful in the 80s

Lurker4Long:
Ah, it did, but your point about Zim remains.

SADCC yes.... Not SADC

Subsaharan:
In SADC?

SADC did not exist in 80s my bru

Subsaharan:
How did Zim and/or it's foreign policy influence Africa in the 80s?

I said they were powerful and yeah they were at the forefront wrt the fight against apartheid

Subsaharan:
Zimbabwe, powerful only in SADC you mean?

I'm not talking Zimbabwe of today I'm talking Zimbabwe of the 80s

MiddleDimension:
I would appreciate it if you could give me a detailed response to my question up there.

because Botswana has a population of 2 million and Ethiopia 120 million

Not to mention Ethiopia had a military that was the largest in the region and one of the largest in Africa

Stormtrooper11:
I do believe that Ethiopia is a regional power in its own rights. It's the second most populous country on the face of Africa. Ethiopia has a booming aviation industry. This national carrier has helped boomed its tourism sector. Ethiopia is also a major player in African diplomacy affairs but in the event of a conflict, Ethiopia can be easily crumbled.

Look at Kenya for example, Kenya has everything Ethiopia has except of population. Heck! Ethiopia has a civil war with alot of ethnicities which are at their "necks". Kenya would last more as a regional power and in a conflict compared to Ethiopia. Ethiopia has no ACCESS TO THE SEA. That's a big hindrance. Can you imagine South Africa with no access to the sea?! That'll be a Botswana. Now ask yourself. Right now, between South Africa and Botswana, who's much important in the SADC?!

You'll understand why Ethiopia is not actually a pure regional power.

comparing Ethiopia to Botswana is comical my bru and I don't think i gave to explain why...... Zimbabwe was at one stage one of the most powerful African countries even though it was landlocked.

MAN1960:
You need to understand that this countries you just mentioned are not even relevant in Europe

British and some European countries are powerful today, is because of the way seas and oceans were used by their navies in the early age of civilization.

A country without maritime borders can not be a regional Power, today look at all the big and significant countries in the world you will not find any land locked country amongst them.

Besides you need maritime trades in significant level to be able to influence your neighbor

And what you said about all your neighbors can not close their borders at the same time is very funny, there are different scenarios that can leed to such action.

we are not talking about super powers(historic) like the UK, Germany,France ect ect.... We are talking about regional powers, Ethiopia had all the requirements to become a regional power..... But you don't have to take my word for it.

https://saiia.org.za/research/a-regional-power-in-the-making-ethiopian-diplomacy-in-the-horn-of-africa/

https://academic.oup.com/ia/article/94/5/1059/5092073

Bloodofthelambo:
through out history, trade on waters determined how prosperous nations were. It hasn't changed, if your neighbours decide to close their borders, you're finished.
Ethiopia was doing well until now.
Nothing much should be expected from a landlocked country be it in Africa or Europe.

Luxembourg, Switzerland, Czech Republic, Botswana...... All prosperous( all be it small nations)......what Ethiopia has is a large population and until recently a fast growing economy, they had all the prerequisites needed to become a regional power, also its fantasy to think all of Ethiopias neighbours would close there borders all at once.

Faithful007:
Sometimes I wonder how Ethiopia with her political instability manages to keep her national carrier afloat and profitable while carriers like SAA has escalated her debt stockpiling. Paradoxical.

the difference is they have the right people at EA and we had gupta parasites at SAA

Bloodofthelambo:
with 0 access to international waters, Ethiopias chances of becoming even a regional power house is 2%.

they don't need access to international waters be a regional power

Exnavyboy62:
Does this loggerhead C in C of Sudan know the consequences of a serious escalation of this

it's actually quite sad to see Ethiopia going from potentially a Major African power back to the normal African sh1thole