₦airaland Forum

any link ?

rvp2018:
You don't get it. The interest capping bill was very popular - because banks (like everywhere) were charging people Ghana like interest - well not exactly that bad - but sometimes 20% -

Now gov has attempted to repeal this without success.

There was a court case too - and eventually, Supreme Bank ruled it unconstitutional for interfering with Central Bank's independent mandate to set monetary policies.

So in 2019 - Gov brought in amendments as part of the budget/financial bill amendment.

Mps rejected it - and it went to the president - and the president vetoed the financial bill - and it was brought to parliament.

For parliament to overturn the president vetoe of any bill - they need 2/3 of parliament.

They failed in one controversial voting where gov basically used all tricks - and president vetoe won - interest capping was repealed.

It was not going to be easy to repeal such a popular law.

rvp2018:
See what. It's now a about 8 months - and with COVID - it will take some time before our banking sector recover enough to lend - so this year is no good for real estate.

The Finance Bill, 2019 was signed into law on 7th November 2019, repealing section 33B of the Banking Act which provided for the capping of interest rates at 4.0% above the Central Bank Rate, pursuant to the failure of the National Assembly to raise a two-thirds majority to overturn President Uhuru Kenyatta's

so basically it hasn't been repealed because your national Assembly could not raise a 2/3rd majority to overturn it.

It is called marketing
i guess it is new to you.

rvp2018:
Tell the guy on that video to stop making that claim then

rvp2018:
Policy experimentation is hallmark of success. It failed. And we have long repealed it.

we are yet to see it

its not even close

rvp2018:
This is Ghana most luxurious . You have a long way to go.

rvp2018:
But Thika road was not completed in 2016 . It was completed in 2012. Cement consumption went down when Kenya introduced interest rate capping for loans. That leads to banks refusing to lend to real estate sector...because it too risky to lend to them at 13%.

Obviously, this is greek for you - in Nigeria - you're borrowing bank loans at 30%.

when we said this last year about your interest rate cap,
You said i was a lie.

Now see the effects.

just shut up and take the education

rvp2018:
You are still insisting that hydraulic cement is not another name for portland cement . The only reason they are not calling portland is because in the developed world - they are rarely sold in 50kg bags like Ghana or Kenya - but most as pre-mix - the cement companies sell either concrete or mortar - they do the mixing at factory.

Back to GHANA cement consumption.

As of 2016 - US estimates you were doing 4M metric tonnes. In 2019 my own calculation came to around 5.1M tonnes.

Kenya has solid data lasting from 1963 to the highest precision.

soon we will have 2017, 2018 and 2019 data....

Otherwise cement consumption would show up in Accra or Kumasi or TEMA...there is nothing there.

you are welcome

Austine1213:
Thank you

Shma:
RVP already gave you the data.
The data suggests otherwise.

keep making noise

everyone has seen you guys for your lies

oh so they are all even living in rented houses



when only 22% of Ghanaians live in rented housing(37% of Accra resident) while 57.4% of Ghanaians own their own homes(40.4% in Accra)
while another 20.5% live rent-free (19.5% for Ghana). The remaining 1.6% of housing is employer-provided (4.5% for Ghana).


Their lies will always be exposed.

68816419:
These guys are the worst lairs in the whole of Africa, their cement consumption kept dropping like a waterfall ever since that Thika road was completed, No wonder 90 per cent of residents are living in rented houses and the number of slums dwellers kept rising .

Shma:
your data is suspicious, and if your stats are true, you can as well check other years, while we were progressing you were still dreaming of implementing Nairobi of 1980 as your vision 2050, we have so far gone beyond your cement consumption rate going by the years we have been to this game.
It's now your turn to progress,.

up to you boy

It is not my data but the industry data.

ofcourse there are other stats, it is all available there.

when Kenya was progressing which is before 2016, consumption was between 6.2 to 6.7MT.

Now that kenya is not progressing, it did 5.49MT in 2017 and 5.9mt in 2018

68816419:
Nigga,Stop deluding ur self about making progress, U guys Aint making SHHHITTT. if ur making progress, then, how comes the demand for cement kept falling and y is that 90% of Kenyans cant afford to build their own houses?
https://www.treasury.go.ke/component/jdownloads/send/212-budget-policy-statement/1510-2020-budget-policy-statement.html

dem

this is harsh.

Kenyans cant afford to build good homes to raise their country cement consumption because they cant afford land prices.
They cant also afford good housing to rent because their housing market was developed for the repatriate market and tourist.

So they resort to slum development.

Wuoche:
Please explain this article to us in simple Language . This is a 2020 report. If I`m not wrong I think Ghana is doing 5mt/y

https://pricesghana.com/top-10-cement-companies-in-ghana/

https://www.globalcement.com/news/itemlist/tag/Kenya%20National%20Bureau%20of%20Statistics


02 July 2019
Kenya: Data from the Kenya Bureau of Statistics shows that cement production fell by 6% year-on-year to 1.46Mt in the first quarter of 2019 from 1.55Mt in the same period in 2018. Cement consumption dropped by 3% to 1.46Mt from 1.50Mt. Cement consumption previously grew by 2.8% year-on-year to 5.9Mt in 2018 from 5.8Mt in 2017. However, production fell by 2.6% to 6.07Mt from 6.23Mt. Imports increased by around 50% to 23,000t but exports decreased by 63% to 0.14Mt from 0.39Mt, mainly due to a major drop in deliveries to Uganda and Tanzania.

Wuoche:
Please explain this article to us in simple Language . This is a 2020 report.

https://pricesghana.com/top-10-cement-companies-in-ghana/

sorry boy
it is not a 2020 report else they would have gotten their figures right on production of cement in Ghana which is 12Mt

If you want cement news of any country, go to Cement global.



next disgrace of Kenyans and their fights against simple facts.

https://www.globalcement.com/news/itemlist/tag/Ghana?start=20
26 January 2018
Ghana: Cement producers are lobbying the government to build new roads using concrete in order to use surplus cement. The country has a production capacity of 12Mt/yr but it only uses 8Mt/yr, according to Citi Business. The producers are calling on the president to make good on a previous statement on the matter.


https://www.globalcement.com/news/item/9251-cement-manufacturers-association-of-ghana-lobbies-government-on-imports
Ghana: The Cement Manufacturers Association of Ghana (CMAG) and representatives of other industries including steel and food have petitioned the Ghana International Trade Commission to protect them from ‘unfair’ trade practices. They have asked the government to follow World Trade Organisation (WTO) rules and match export rebates with additional tariffs, according to the Ghanaian Times newspaper. CMAG secretary said that the local cement industry had a production capacity of 11.6Mt/yr and that this was enough to meet local demand.

Last modified on 15 May 2019

let me know when you finish your reeducation process which started a long time ago


such empty heads from Kenya.

so as you can see

we consumes 10 million metric tonnes out of our 12MT production whiles you guys are still doing just 5mt in Kenya in 2019

Same way we consume 7mt in 2016 while you guys were still doing 5mt.

rvp2018:
Okay, you're making progress. Now try these magic words. I am sorry I didn't know that the cement I normally buy is hydraulic. Neither did I know its called Portland. I only know it as cement.

Let get back to Kenya whipping Ghana on cement consumption and production.

So far we ended in 2016 is estimated to have produced 4m metric tonnes against Kenya verified 6.7M tonnes.

Ethiopia rose to reach 8.3M - a testament to their development on steroids.

rvp2018:
Little knowledge is dangerous than zero knowledge. At least a fool has the humility to learn. You're so obtuse.

Technical terms can be confusing if you went for a single track of education and missed the afternoon like your gov is famously mis=educating you.

Before the invention of hydraulic cement - like the portland cement in your hardware shop - non-hydraulic cement was used - lime is one common example

See this video for non-hydraulic cement- or go check any old building.


https://www.youtube.com/watch?v=vXsczbxt7Ps

free education for you



https://www.youtube.com/watch?v=7gw1Rr3278w

there is the normal cement which are there Portlands and pozzolana

and there is Hydraulic cement itself which is used to reinforce those cements above when you build anything in areas with constant flow of water.

rvp2018:
It easy. Just admit you didn't know. And we move on to interesting debates. I know when you come from little Nigeria and all your life you're looked down upon by bigger countries; admitting a mistake is very hard.

Hydraulic cement=portland cement= common cement you buy from the hardware.

Just get the teaching for your re education today


The hydraulic cement that your website is talking and Ordinary Portland Cement have different compositions and different uses in the same industry.

rvp2018:
Free education from youtube on cement

https://www.youtube.com/watch?v=GyR5kik_t00

https://www.thebalancesmb.com/what-is-hydraulic-cement-uses-and-how-to-apply-845076

free education on hydraulic cement.

It is applied on the surfaces of concrete, you dont even necessarily have to mi it with the concrete to make sure water does not seep through it.

rvp2018:
Go catch some grass-cutter coz clearly you cannot handle data.

you will rant all your life

and it still wont bring you close



go drink blood

rvp2018:
Yes the world is producing a lot of cement to fix leakages; you're insane. Hydraulic cement is scientific name for Portland Cement that you buy from your hardware in 50Kg bags.

The simple fact that you dont know hydraulic cement makes you such a dumb dumb to not have a cement discussion again

i told you this way back when you brought it up.

hello cow blood drinker

do you now understand?

Let me know when you finally get the understanding

you are slow.

rvp2018:
Please grasscutter. That is clearly a new low. Actually on saturday I was buying that cement - Dr Fix it - because I had a leak in one of the house. It's water proof mix that you add to cement. THAT IS NOT HYDRAULIC.

And if it was World is producing a lot of this cement that is so special - a lot of LEAKAGES I TELL YOU

The cement you know is Portland cement - as per 18th-century British patent - and is the type of hydraulic cement.

Non-hydraulic cement is lime - if you check old buildings in your slave castles - they will have use non-hydraulic cement.

Shma:
give us your data, let's see.

go to global Cement

all news on cement from every country is posted there

From consumption to production to import, they have it in a yearly order.
The entire industry news is there for all countries, including acquisitions.

Thank me later

rvp2018:
The data is from the very credible USG - not Grasscutter FM. So why are you angry now? I can tell you they have Kenya figures very right. Ghana they have to estimate...but USG are thorough so don't think these are wild guestimates.

you can fight it all you want

kiddo

Facts are stubborn

rvp2018:
Credible data from USG is killing you. I am going to get credible data for 2017, 2018 and 2019. And you'll be so dead. I think now you're now even 5m metric tonnes.

did you see what they wrote on what you posted?

they said Hydraulic Cement

You can ask for free education from any engineer here or better still, the internet is a free tool.

see another dumb dumb who doesnt know hydraulic cement

Shma:
Oooh, we have bigger cement consumption, oooh, we have longest tarred roads than you, oooh, we are more developed than you. Now see the trend.
We have tripled their cement consumption since 1997. That is Grossly 6years down the line.
I bet 2013-2019 stats will do the same.
They always engage in aimless ranting with nothing to back up their claims. No wander things are different on ground .

rvp2018:
Beyond your paygrade. Portland cement-like is common in Africa another name is hydraulic cement. Non-hydraulic cement is lime - and it's usage is very limited. It was used in centuries that passed - in very old buildings.

So hydraulic cement is the cement you know.

will you shut up dumb dumb and take the free education.

Hydraulic cement is a different kind of cement.

You cant even use it for concrete works.

It is a cement that you only add water to and apply unto concrete surfaces to avoid water leakage.

such disgrace

Can someone give this kid some reeducation on what hydraulic cement is, please?


it is so embarrassing

rvp2018:
I rather trust this one. The data we need is from 2013 to 2019.

rvp2018:
Here is what US Gov has for 2013 to 2016 - Ghana has risen from 3M to about 4m.

https://www.usgs.gov/centers/nmic/cement-statistics-and-information

Country or locality 2012 2013 2014 2015 2016


Ghana 4,600 4,500 e 4,500 e 3,830 e 4,000 e

Kenya 4,694 5,059 5,883 6,353 6,707

Nigeria 16,000 20,000 20,000 21,000 22,000

Tanzania 2,581 2,346 2,809 3,135 3,200

South Africa, sales 11,560 12,168 12,068 13,000 e 13,000


Senegal 4,689 5,191 4,899 4,615 4,600 e

Egypt 55,200 50,000 e 52,080 53,940 55,000 e

keep deceiving yourself.
the outcome of your small consumption is the slums we see of Nairobi and all over kenya.

rvp2018:
Now grasscutter eater - we only need CREDIBLE data from Ghana for 2017, 2018 and 2019.

Kenya as always has such data tracked.

So far you are seeing a lot of cement dust from Kenya

you cant keep making noise

rvp2018:
It quote Ciit Business - which an FM station I bet in Ghana.

you like making noise as usual

Citi Business and Financial Times are the Bloomberg of Ghana.

see ya later when you can stimulate a boom in your real estate sector.

rvp2018:
You have zero credibility - so kindly provide credible links.

All I can see from the link is -The country has a production capacity of 12Mt/yr but it only uses 8Mt/yr, according to Citi Business

And yes we did this already - I gave you SOLID figures of Ghana cement production.

In 2000 - you were not even at 1.5M

so global Cement is no more credible just because it places Ghana consumption as double of Kenya's

You can make all the noise you want and you wont get to our level.


To increase Production and consumption to our level, You have to have a real boom in the real estate sector.

Even Tanzania sure Tanzania has a bigger consumption than Kenya.

rvp2018:
Tell us Ghana cement production and consumption from 2000 to 2020. I can provide Kenya's. Credible Data. If you cannot even produce data - you're just a mini Nigeria that cannot afford a census.

we have gone over this before.

between 2000 and 2010, Ghana cement consumption remain constant at 5 to 5.7million metric tonnes.
production were sometimes below consumption and import were carried out.

Since then to now

Production stands at 12 million metric tonnes and consumption at 10 million metric tonnes
Ghana per capita consumption is now 333.33kg as at 2019

All you need to know in one place
https://www.globalcement.com/news/itemlist/tag/Ghana?start=20