Jonraid's Posts
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And you think the status quo has changed? samorobo: |
This Benin traders selling rice to Nigeria are the Nigeria's rice cartel. As for Kenya's importing case,it is well understood that Kenyan farmers have taken over farms in our neigbouring East African countries.These farmers then sell it to Kenya when there is a deficit. Those onions/tomatoes we bought from Tanzania or Uganda might be well from a Kenyan farmer or a firm associated with a Kenyan in one way or another.This is a strategy we can use to prop up our acreage in arable land.You must be oportunistic and smart to survive.I know they are making it hard for Kenyans to own land in their market(TZ) but we are beating them still. Apart from Langat the LARGEST Tea Estate Owner in TZ,there are many Kenyan enterprises using TZ's slowness to beat them.Magufuli never lied when he said that there are close to 500 Kenyan firms in TZ! Below is an intresting excerpt from https://www.nation.co.ke/news/Tanzanian-farmers-reap-big-in-Nairobi/1056-5162596-9e1odw/index.html ''The Arusha hotelier singled out onions among the leading commodities consistently exported to Kenya because, unlike maize, they are not affected by drought. “Our onions are preferred by Kenyan traders, who pack them in Nairobi and export overseas,” he said. Most of the onions are grown in the remote irrigated fields of Mang’ola, about 200 kilometres west of Arusha. Due to the high demand and reliable market overseas, Kenyans have virtually taken over the farms through contract farming. Under the arrangement, Kenyan investors hire farmers to grow onions and even supply inputs such as fertiliser.'' |
Nigeria's Minister of Agriculture and Rural Development, Chief Audu Ogbeh, must by now have understood what it means to fight the rice mafia in Nigeria. For about a week now, he has been in the eye of the storm over comments reportedly credited to him, relating to the fact that seven rice mills had closed shop in Thailand on account of the drop in the importation of rice by Nigeria. Apart from the response of Thailand Ambassador to Nigeria, Wattana Kunwongse, denying remarks that rice mills are collapsing in the Asian country; many people had gone to town, particularly on the social media to castigate the minister for telling lies. This was done rather than viewing the statement credited to the minister in the context that Nigeria is involved in a trade war that dates back many decades. Kunwongse, in a statement, said: "The report is not only misleading but a distortion of the actual conversation between myself and the honourable minister of agriculture at the federal ministry of agriculture and rural development." He narrated how he "praised President Buhari's Economic Recovery and Growth Plan (ERGP), the essence of which is the endeavour to move the country to a self-sufficiency and export-oriented economy, and to that worthy cause, Thailand stands ready to work closely with the Nigerian government in the field of technological transfer and agricultural machineries." It seems relevant and necessary to ask how the exporting country hopes to benefit from assisting an importing country in technological transfer and agricultural machineries that will end up stopping the latter from continuing to depend on the former. Some issues raise questions of correlation and causation. What the ambassador did not explain is how his country imported 1,647,387 metric tonnes of rice to Republic of Benin in 2017 alone. Mr Kunwogse also did not mention that Thailand's import of rice to Benin has been steadily on the increase, 805,765MT in 2015, and 1,427,098MT in 2016, while official import from Thailand into Nigeria was steadily declining. Nigeria has an estimated 180 million people while the population of Republic of Benin is about 11 million people. In 2014, 1,239,810MT was imported into Nigeria. It declined to 644,131MT in 2015, and to 58,260MT in 2016, reaching an all-time low of 23,197MT in 2017, and if this trajectory remains on a downward path, Nigeria may not be importing rice by 2020. The flow of rice imported from major Asian origins to Benin for onward shipment to Nigeria is a factor that should not be ignored in the regional rice trade in West Africa. ECOWAS data indicate that over half of the rice Benin imports is sold into the Nigerian market. Port of Cotonou statistics show about 2.4 million metric tons (MMT) of cereals arriving at the port in 2014, over half of which is rice. https://allafrica.com/stories/201803150205.html I know you know this! kikuyu1: |
I'd be deranged to think that Nigeria has the ability to feed 150-180-200 million people without importing some significount amount of food! Mkenya2019: |
What sport is Tanzania good at ? Kazikazi: |
How many olympic swimming medals does Tanzania have? Kazikazi: |
We tensed.We are not used to this exposure. We need to qualify for more of this competitions so as to build belief and character.Look at Uganda for instance,they participated in the last AFCON and are now a much better side.They are now getting used to it.We need the same! As far as football is concerned,we are miles behind many! TayserMahri: |
Kenya attracted private equity (PE) investments of $1.2 billion (Sh120 billion) in the two years ended December, taking the lion’s share of capital committed to East Africa. This marked a sharp increase from the Sh480 million the institutions invested in the country in the preceding period (2015 and 2016). A new report tracking PE investments shows that Kenya accounted for 87 percent of the total $1.4 billion (Sh140 billion) investments made in the region in 2017 and 2018. “Highest deal values were recorded in Kenya at $1.2 billion, in part due to the high number of deals as well as the size of businesses,” reads the report by consultancy KPMG and the East Africa Private Equity and Venture Capital Association (EAVCA). “Kenya remains the most popular investment destination in East Africa with agribusiness, financial services and fast moving consumer goods (FMCG) being the dominant sectors.” Deal volumes in Kenya in the review period stood at 61, accounting for 73 percent of total transactions. Uganda was second, followed by Ethiopia, according to the report. The top deals in Kenya over the past two years include Actis’ $300 million (Sh30bn) equity investment in Kipeto Energy in which it took an 88 percent stake. Moringa Fund also made a $100 million (Sh10 billion) equity investment in Asante Capital EPZ, a Kenyan company developing tree plantations and tropical crops (mainly ginger, moringa and eucalyptus). Digital lender Branch International attracted a total investment of $70 million (Sh7 billion) from a consortium of institutional investors, including Victoria Park Capital, IFC Ventures and Andreessen Horowitz. Abraaj Group, which is currently facing liquidation after defaulting on loans, spent $171 million (Sh17 billion) to acquire Avenue Hospitals. AfricInvest made its initial Sh5.7 billion investment in insurance group Britam Holdings in which it has subsequently built up its stake to 17.5 percent after buying more shares on the Nairobi Securities Exchange (NSE). “Investment into Kenya is diversified through 10 sectors attracting PE funding,” the report says, identifying the top industries as financial services, FMCG, telecommunications, manufacturing, agribusiness and transport among others. Local pension funds are becoming a significant source of capital for PE firms which are seeking to raise their exposure to alternative investments beyond the traditional bonds, listed stocks and property. |
The setting up of the first ever private Special Economic Zone in Uasin Gishu County has begun. This follows the launch of a Sh17 billion solar power project which is set to produce 80 megawatts of electricity for the industrial park and supply to the national grid. The project, set to be completed in the next 18 months, will be set up on a 700-acre parcel of land. It is a partnership between DL Group of Companies and Selenkei and Cendate Solar. Apart from providing power to the industrial park, it will also sell electricity to Kenya Power, with an agreement already signed. Dr David Lagat, the chairman of DL Group of Companies, said they had already obtained all the documents needed for the project from the government. “The project will be a game changer as it will offer employment opportunities to locals and improve infrastructure,” said Dr Lagat. According Dr Lagat, Eldoret has comparative advantage for setting up the Special Economic Zone as it is strategic in providing access to other towns in the country, other countries in Africa, and easy access to raw agricultural materials. “This is a noble idea which has taken time but is almost being actualised. We call on the government to create an enabling environment for investment. We need to be more efficient as a country for the sake of investors,” said Dr Lagat. More than 18 other international firms have already signed up to set up industries, while other companies have expressed interest in the economic zone. “We’re happy with the support we have received from the national and county governments and all partners, including Kenya Power. It will be a landmark project which we are all proud of,” said Mr Lash Jameson, the investors director at Selenkei and Cendate Solar. The company has already commissioned an administration block for Keringet Secondary School in Ainabkoi constituency where the project is situated. Speaking during the project launch on Tuesday, Uasin Gishu Deputy Governor Daniel Chemno said provision of sufficient and reliable power supply was key to industrialisation. The industrial park will be key to the attainment of the Big Four agenda through industrialisation,” said Mr Chemno. |
Tap of talent: Multinationals’ CEOs marvel at quality of Kenyan workforce In March, panic gripped Kenyan academic writers after British Education Secretary Damian Hinds called on global payments firm such as PayPal to block essay writing firms which he faulted for helping Briton students cheat. An article on Hinds’ pronouncement published by Daily Mail soon after portrayed Kenya as a hotbed of this kind of cheating, the report stated that while engaging the essay mills, British students insist on Kenyan writers to do their assignments due to their proficiency in english and their ability to deliver on strict deadlines. Last week, Kenyan law students beat Harvard University students to emerge winners in the John H. Jackson Moot Court Competition on World Trade Organization (WTO) Law that was held in Geneva, Switzerland. The students from Strathmore University beat their counterparts from 90 other law schools from across the world after preparing and analyzing a fictive case and presenting their arguments both for the complainant and the respondent in front of a panel which comprises of WTO and trade law experts. During this writer’s interactions with business leaders, one observation has stood out, that Kenyan talent is rated highly, just like in the first two occurrences except that the essay writing enterprise integrity is questionable. The CEOs and Managing Directors have often indicated that one of the reasons multinationals choose Kenya is because of the quality of talent at their disposal. On Thursday,multinational insuarance firm Cigna opened its Africa headquarters in Nairobi. Queried why Nairobi was an attractive proposition for the firm, Maxime Claessens, Director of Cigna’s Kenyan operation said that while potential business opportunities was the major draw, quality talent in the country was a major contributing factor in the decision to set up shop in Nairobi. “We were already operating in the country. We had done our research and one of the reasons we decided to open our continental headquarters here was because we knew that we could tap the talent we needed in Kenya, the quality of the Kenyan workforce is exceptionally high,” Mr Claessens told Business Today while comparing Kenya to similar size economies. Mr Claessens is not the only CEO to be in awe of Kenyan talent, in an interview with Business Today on June 11, Knight Frank Managing Director Ben Woodhams also expressed his appreciation of Kenyan talent. “One thing that I’ve noticed is that the level of education is definitely higher and Kenyan talent is quite sharp,” said Mr Woodhams who has been the real estate firm’s Managing Director in Kenya and Tanzania. Conversely, Radisson Blu General Manager Robert Kucera, a South African who doubles up as East Africa District Manager for the hotel chain also told Business Today during an interview that even the quality of menial workers in Kenya surprises him. “In Kenya the education level is higher, even a normal waitress in Kenya sounds educated, their level of thinking is higher,” said the hotelier who has worked in different countries across Africa. “I am just from a meeting with union leaders and in my interactions with its members gives me the feeling that Kenya is ahead of many countries in terms of the sheer quality of its workforce,” added Mr Kucera. |
If we can adress the cost of energy(electricity and fuel),cut down the number of agencies at the Port and offer reasonable taxes at our ports then we can break even so quickly! We are learning fast,not many countries get it right from the start.Our CS's shouldn't wait for the president's directives so as to act on these hiccups affecting our transport sector! We need the right people,look at what that 'woman CEO' is doing at KENGEN.It's sad seeing the president summoning some of his PS's and CS's infront of the public! Mkenya2019: |
The Sportpesa Racing Point F1 Team looking ready for the French GP today.There is a possibility of a Kenyan driver joining their books a year or so to come! Sportpesa should be more than sponsors! I have never seen a brand growing up so fast than Sportpesa! Awesome team formation at picture 3! ![]()
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Mombasa Port(KPA),Equity Bank and Safaricom are now examples of brilliant case studies Havard University is keen to learn from! The Harvard University has chosen the port of Mombasa as a case study for port operations. The University has also chosen Safaricom and Equity Bank in their research of successful African business. It has sent thirty five of its business professors to undertake the study. They first landed at the port city of Mombasa and toured the port before embarking on a journey to Nairobi via the Standard Gauge Railway passenger train. In Nairobi, they will today visit Safaricom and Equity Banks. according to the itinerary. Receiving them in Mombasa, Kenya Ports Authority Managing Director, Daniel Manduku, said Harvard settled on the port because of its recent record-breaking performances. This coupled with its geographical position and connection to more than 80 ports globally also attracted the scholars. Manduku said the port of Mombasa is this year expected to hit an all-time high profit of Sh15.4 billion, making it the only government-owned institution to post such a high return. He said the port is currently doing an average of 225 cargo trains from Mombasa to the Inland Container Depot in Embakasi, Nairobi. “I do not know of any port in the world that evacuate cargo using 200 cargo trains per month. At the port of Mombasa, we are now averaging about 225 trains per month. It is a case that is worth to study,” said Manduku. The scholars toured the port just a day after US Ambassador to Kenya Kyle McCarter visited the facility. The US government has funded the installation of 11 state-of-the-art radiation portal monitors at the port of Mombasa to curb on illicit trade. The US has also built a central alarm station and provided portable monitors to ensure any radiological or nuclear materials are promptly detected and analysed. |
Talk of quick ships tunaround,Kenya is among Africa's best! New record witnessed at the Port of Mombasa: Container vessel Hugo Shulte arrived at the Port of Mombasa on Monday and docked at Berth No. 21 with a total 1750 containers out of which 799 on board were SGR cargo. By yesterday afternoon all the SGR cargo had been departed to the Inland Container Depot Nairobi (ICDN) via SGR while the ship was still at the Port. The second vessel MSC Capri also arrived late Monday in the second shift with total volumes of 800 containers and docked at Berth No. 17. This ship had 200 boxes for SGR. All the SGR cargo on the vessel had been transported to ICDN(Inland Container Deport Nairobi) by yesterday morning. “That gives us 100 percent efficiency in what we call ex-hook railage meaning cargo is discharged directly from the vessel onto the SGR wagon to build a block train of 100 containers which is quickly departed to the ICDN,” said Head of Container Operations Mr. Edward Opiyo. He said the daily evacuations of SGR cargo had reduced movement of cargo by road by more than 50 percent hence saving roads from damage and carnage. “This has also helped us to manage the yard population in the Port thus maintaining our efficiency levels,” he added.
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You are talking as if Joho is 'my mate' ![]() mtisTheQubit: |
The camp being put through their paces.Obviously,the whole world is behind Algeria to win this one.They are better than us in football,fingers crossed!
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The day I'll get such,I will post it here! ![]() My blood boils when I see the Toyota Fortuner,FJ Cruiser,Toyota Prado,Landcruiser V8,Nissan Patrol,Isuzu Mux,Ford Expedition,Jeep Wrangler,Chevrolet Trailblazer and the Defender. I love this monster SUV's.You would drive to CapeTown and back with such cars without major issues.I prefer bigger cars than small ones.Well,as they say-''Big boys love big toys'' Look at this baby,this is the Toyota Fortuner TRD Sportivo! Tell me a more sexier car name than that? TayserMahri:
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TayserMahiri MtisTheQubit Tylann We are doomed! Justnotyou: |
Kenya's based Fly 540 with a little bit of bantz! ![]()
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The Toyota Wish got what it wished for! ![]() Stevoh18: |
Dawa in Kiswahili language means 'medicine/drug' vaxx: |
The last pic shows the Toyota FJ Cruiser.It is a very capable off-roader.I have a fetish for big SUVs! ![]() TayserMahri: |
I've seen pictures of Nigerians posing off with fresh cut off heads,Nigerians are something else! JaceBlaze: |
You are having a laugh aren't you? samorobo: |
But Germany is already at it's prime/peak.Can you give the same advice to our African countries who are growing their populations with less wealth growth recorded in their countries? vaxx: |
You don't need a PHD to do all this work,it's common sense! tylann: |
More Maintaining the grass at perfect inches above the ground!
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Pictures from the ground,it shouldn't be all about sky-crappers! Mini-stadiums and roads beutification! Men at work maintaining the grass!
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Sprucing up roads in City's old estates and building of mini-stadiums!
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Mini-Stadiums construction in City's old estates.At least the youth can now play in decent turfs which won't get rain soaked during rainy days!
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The man is working,he just needs to sober up a bit! At least he's getting used to suits! He should know that he is the governor of Nairobi,the heartbeat of our country and a city respected across the continent and the world! The only United Nations hub in a developing country! tylann: |
Son of Ambode,you've been mentioning me a bit much! ![]() samorobo: |
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