₦airaland Forum

obaaderemi:
The number is higher than that actually and some of the guys here are actually starving. When the world thinks about poverty and hunger in africa, they have the image of skeletal Kenyans burnt in their minds. Kenya today is what Ethiopia and Sudan were in the 80s. The shame of a continent.

obaaderemi:
The bolded portrays your half baked education. For the fact that none of your Kenyan brothers has not corrected your error shows the generally pathetic level of basic education in Little India.

obaaderemi:
Those other non mineral industries have been struggling due to the vagaries of the weather. That's why Kenyans have become starvelings. They have been praying for oil for years.But even at that their oil industry is almost non viable. It is too small to fund or attract the construction of a refinery. You know Kenya does not have a refinery.

obaaderemi:
The only thing keeping that nonsense airways in the sky is pride.Very soon the debt would be too heavy for even the so called pride to bear.

rvp20182:
NIGERIA going bankrupt again.

Africa’s largest oil producer could run out of money if it doesn’t boost revenues urgently

Fiscal revenues in Africa’s most-populous nation undershot targets by at least 45% a year since 2015, according to the budget office. Expenditure has doubled to more than 7 trillion naira ($19 billion).

The government’s income shortfall was 51.9% in May due to lower oil and non-oil inflows, according to the central bank.

Total debt was at $81.2 billion at the end of March, from about $65 billion in 2015.

Debt service costs consume more than half of actual revenues, leaving little to build badly needed infrastructure and grow the economy. Nigeria spent 2.2 trillion naira on servicing outstanding loans in 2018 compared to 1.68 trillion naira on infrastructure, according to the central bank.

Without major revenue reforms, debt could rise to almost 36% of GDP by 2024 and interest payments could make up 74.6% of revenue, according to the International Monetary Fund.

“Nigeria’s government expenditure is roughly the same as Kenya’s, despite a population that is nearly three times as big,” she said.[b][/b]

Should be 4 times - not 3 times.
https://www.bloomberg.com/news/articles/2019-08-28/nigeria-fears-fiscal-crisis-as-debts-take-big-pie-of-revenues?srnd=premium-africa

samorobo:
There is no excuse you damn well know what I am talking about , it's just that you are put of point you longer know what to say..I have made you angry and emotional ... the chinese are tge ones also handling lekki deepseaport and we will be commissioning it this year

rvp2018:
Lamu 3 berth are done while he still talking about lekki 20yrs or 30yrs later...still talking about clearing bushes.

samorobo:
You forget that lands where reclaimed , infastructure where built ( road, canal & waterways, bridges) .ekoatlantic is not like westland or upperhill that abadoned or leaves shiit roads that ends up becoming flooded when rain alongside bad and damaged roads infastructure. We makes u're what is in ground is solid before venturing to the skies. So get y I ur fact right

Yobeezy:
We're in 2019, your public debt dwarfs Kenya's.

mtisTheQubit:
You ain't Tswana kaaz..just stop it

ednited:
I think it will work somehow cuz Shewa Oromos are very peaceful

TayserMahri:
Its Keinya once again. Everybody in the world wants to associate with Keinyaaa

US Presidential Aspirant Grabs Headlines With Kenyan Belt

In an apparent boost for Kenyan-made products, American Billionaire and candidate for the 2020 US Democratic presidential primaries, Thomas Steyer, has specifically recognized and appreciated Kenyan female artisans for their work.

During one of his recent campaign videos, he wore a Kenyan-made belt, which elicited a lot of reactions with many questioning the origin and asking why he chose such unique wear.

He claimed that he bought the belt during one of his travels to the country, and it was sold to him by a woman artisan.

According to Forbes, Steyer's net worth is $1.6 billion, with his company Farallon Capital growing it into one of the most profitable hedge funds in America.

Even though he has been on the sidelines for a very long time, Steyer is well known in the American political circles, having worked with President Barrack Obama, Hillary Clinton, John Kerry amongst others.

He is also the chairman of one of the biggest has deep business connections with business magnates like Warren Buffet and Bill Gates. He is a big enthusiast for the environment and philanthropy.

In August 2010, Steyer and his wife signed onto The Giving Pledge, an initiative of Bill Gates and Warren Buffett. The pledge urges individuals and families to give at least half their wealth to charitable causes during their lifetime.

Steyer has been compared and contrasted with the Koch brothers, billionaire businessmen who engage in extensive political activity, and has been viewed as a Koch adversary, although Steyer's total reported net worth is but a small fraction of that of the Koch brothers or other billionaire political activists, donors, and fundraisers (such as Michael Bloomberg and George Soros).

Steyer's 2020 presidential campaign began on July 9, 2019, when he stated that he would be running in the Democratic primaries in an online campaign video posted to Twitter.

ednited:
Intermarrying was the strategy of Emperor Menelik. He intermarried Oromos and Amharas of the Shewa. Being Shewa Amhara means being Oromo partially. My dad is shewa Oromo. He speaks fluent Oromiffa but he is still Amhara respectful of the Oromo culture and vice versa.

TayserMahri:
Dilemma is when you are trying to safeguard peace in your own country by splitting another one. How the situation is unfolding now is not necessarily in our best interests because we are literally rigging in Madobe by shielding him from competition. The Ethiopians too need to stop micromanaging Somalia.

mtisTheQubit:
Ths Cushitic BS wouldnt work..we know who the owners of Ethiopia are an they aint Oromos same way we know the Fulanis are..

mtisTheQubit:
there is no government is somali..just weasels scamming their citizens..ths guys are part of the problem..they just want status quo

Yobeezy:
A poor struggling wannabe, rich folks don't yap rubbish mercilessly with what they hold, it's only lazy perverted poverty stricken Tanzanian Albino killers with one and a half head will do so
Stick to your pussy hunting you Tanzanian fool, that's what you're a pro in.Shameless old man..

Logobenz0:
That person that named his/her child Kenya made a very big mistake how can someone name his/her child Kenya like for example? "Hey young man, what's your name. My name is Kenya"? Like WTF is that how does that sound sweet to your ear very stupid name to bear

68816419:
Kenya’s Regional Imports Surpasses Exports, Raising An Alarm On Country’s Productivity

Kenya’s regional imports have surpassed exports in what can be attributed to the production of similar products on the continent that raises competition with Kenya’s products.

This comes at a time when the country is struggling with a trade deficit (the gap between imports and export), specifically, for the 20 year period between 1998 – 2018 when the exports grew average 8.4 percent per year while imports grew average 11.5 percent per year.

The total exports in the first five months in 2019 dropped 1.96 percent to Sh107.55 bn compared with a year ago. The trade deficit was signaled by a drop in exports to key markets like Uganda, Tanzania, and D.R Congo

For instance, exports from Kampala fell to Sh30.77 bn from Sh34.51 bn in 2013 while imports from Uganda doubled to Sh13.95 bn from Sh5.14 bn in 2014, data by Central Bank of Kenya indicated.

Tanzania’s grew to Sh12.95 bn from Sh8.34 bn at a time when the country entered into a deal with Kenya to sell one million tons of maize and flour within one year to curb the maize shortage crisis experienced in Kenya

Meanwhile, half-year exports to Tanzania reduced to Sh15.79 bn this year from Sh21.73 bn five years ago.

According to Charles Ogutu, a research analyst at Genghis Capital Limited Research, the trade deficit affects job creation in a negative way.

” By relying on imports, we have outsourced jobs to our trading partners, more so the Far East Region which account for a significant aspect of the origins of our imports. This will dent the manufacturing jobs as targeted under the Big Four Agenda,” he told WeeMedia.

The trade deficit comes in the wake of decreased exports of the country’s key commodities like tea whose exports value fell Sh10 bn in the first quarter of the year.

In a bid to increase local production, the Treasury proposed policies that are geared towards reigniting the manufacturing sector’s growth and development.

For instance, the reduction of Import Development Fee (IDF) on raw materials to 1.5 from 2.0 percent, and the increase in IDF on finished goods from 2 percent to 3.5.

“This is expected to reduce the cost of imported raw materials, thus improving the competitiveness of local manufacturers against finished imports,” Kenya Association of Manufacturers (KAM) CEO Phyllis Wakiaga said.

In the 2019/2020 budget statement, the Treasury also proposed the increment of Railway Development Levy (RDL) for finished products from 1.5 percent to 2 percent which is expected to cushion manufacturers against imported finished goods.

Stevoh18:
Dude that means prostitutes from Nigeria and other countries are coming to Kenya to do their "business"

mtisTheQubit:
Meanwhile in Tanzania. True story .. just wondering what the heck is this?

Kazikazi:
Its 30%

Acadavah:
People here have been saying Kenyan GDP is a cooked one, I have found that even their currency is a overcooked one.
According to IMF is 18% but other analysts reach up to 30%

Kazikazi:
SADC summit in Tanzania.The industrialization exhibitions have ended,the heads of state summit is starting

mtisTheQubit:
Nairobi is good looking..

Stevoh18:
Kenya is definitely an envy of many, not only Nigerians.....some to an extent of naming their child "Kenya" ...can you imagine someone called "Nigeria"

samorobo:
In.all honesty I think you should be ashamed of this.it shows how unimportant and unrecognised your city is. In africa . they are less than six cities in africa (lagos,johannesburg, casablanca, cairo,Algiers,capetown) world never misses most especially on weather forecast and trust me nairobi is not one of them as your city is mostly excluded only for you guys to keep reminding they that people live in that location despite the handful of international presence you have there from BBC to UN

Aderr:
That means Nairobi is an afterthought.

Only Casablanca, Cape Town, Cairo and Lagos got added initially according to your chart.