₦airaland Forum

wow

you want so gold to solve your bankruptcy situation?

dont worry, i will see if your country can get consideration

gallivant:
You are a classic case of a fool and his gold!

Gold Coast
黄金海岸
Huángjīn hǎi'àn

you cant outrun the bankruptcy


Kenyatta doesnt know what to do than drink himself out


Hunger and starvation is coming

gallivant:
Gold Coast
黄金海岸
Huángjīn hǎi'àn

kenyans are dumb beyond most humans

theenchanter:
as d mumu won begin dey cry for my head, I quickly begged him not to cry.

Emotional mofo..... Only better than Austine1212 in Emotional Intelligence.

theenchanter:
OK... Cry no more.

rvp20182:
West Africa is a jungle - something is definitely wrong with that part of the continent. I think when they talk about Africa - they mean West Africa. The more I studied Ghana - the more I am disappointed. I thought Nigeria was a zoo...Ghana is actually worse.

you are disappointed we are not as poor as you or backward like you.

How far with Kenya's apocalypse ?


How far with the current Bankruptcy unfolding in Kenya?

Have you paid Tullow yet?

gallivant:
That's not what I asked you hobbit.

that's because your brain is too empty to realise you're asking an unrelated question

poor Zombie

are you also part of those robbing stores in Kenya and picking dumpster food?

gallivant:
How do you say Gold coast in Chinese hobbit?

sad you're too dumb to carry out a geological survey to find resources yet?

Zombie

Before COVID, companies where already declaring bankruptcy and laying off huge number of staffs.

Covid just compounded the issues and more Kenyans are going to come running to WFP to be able to feed.

obaaderemi:
2020 is going to be a tough year for many countries. But how do you handle a problem like Kenya's?


Even when the Kenyan economy grew by the questionable 5% rate, youth unemployment soared. It goes without saying that it's about to get significantly worse.


The borrowing was just crazy. I guess they didn't envisage a sudden disaster such as covid19. Paying back those unsustainable loans will be nigh impossible. This will further depress the growth of the Kenyan economy. Then the country has been having a trade deficit for a number of years now. How the hell did that happen? What happened to city your coat according to your size?


This is what we have been telling the little Indians on this thread for years. Your books are cooked. It is why you need to rely on Chinese loans which has choked you now. There is no way you can balance your budget in a long time to come. And again, your trade balance is always negative! Even Togo is better.
Well done, Mr Ikechukwu, Agusto & company country manager for Kenya.

you are really desperate


Ghana NIA data of all registered foreign nationals as required by law says only 20,000 Chinese are in Ghana


Heritage of people living in Ghana can be found on the Ghana 2010 population census.

Afro Chinese is not a thing in Ghana

The picture shows Chinese students in Ghana, we receive a lot of them every year

rvp20182:
Make Google your friend.

Although an exact number is not clear, experts estimate that the Chinese living in Ghana number nearly 700,000 people. 2,4% of the people in Ghana are of Chinese heritage.

Chinese mulatos. Probaly the Only country in Africa to end up with Afro-Chinese people.
https://upload.wikimedia.org/wikipedia/commons/thumb/e/ef/Ghanaian_Chinese-family.jpg/1280px-Ghanaian_Chinese-family.jpg

rvp20182:
I didn't manufacture that 5B. Just google search Gold Ghana 5B 2017.

There were 50,000 of Chinese gold miners. Your police force are very corrupt. I doubt they deported any Chinese.

The documentary by the British Guardian shows a Ghanian who cocoa farm was just grabbed by Chinese and there is nothing he could do.


https://www.youtube.com/watch?v=ohrrE1rjzLo

yes you did

just google Ghana places bank on gold mining

There were no 50,000 Chinese gold miners

According to Ghana immigration service, there are only 20,000 Chinese in Ghana as a whole

5000 of them have since been deported because of their involvement in illegal mining activities and overstayed VISA

My police service in less corrupt than Kenyan police force and one on the most professional force on the continent.




Unless the farm is not his, no one can grab it.

rvp20182:
I don't remember talking about 6B. We are talking 5B in 2017 alone - as discrepancy in International Trade Statistics on Ghana Gold. Africa alone loses 15B dollars to gold smuggling to Dubai alone.

And don't go far - look at the CHINESE - flocking your country.

Spain did the same to Latin America - and basically built incredible wealth - without ever manufacturing anything. Spain didn't even want any more colonies - all they did was to cart gold

Latin America now finds themselves without any gold - just open pits - the legacy of Spanish terror on them. The Chinese are doing this to you in 21st century.

sorry in 2017, Ghana total gold production dropped because the Ghanaian government kicked out all small miners and placed a freeze on their activities so your 5 billion is imaginary

all Chinese that were in the gold business were deported 5000 of them and all equipment seized

rvp20182:
Your smuggled gold show up in China, Dubai and India...and it them reporting there is 5B dollar more gold than you get paid for..don't even talk about Togo, Burkina Faso and other wilderness of west africa.

you keep making noise

No gold gets smuggled from here


all gold export monies stay in the Ghanaian economy as part of the deal Ghana made with gold exporters

the figure is 6 billion dollars under reporting of gold export between 2013 and 2016 by PMMC of Ghana.


it doesn't mean that the export revenue did not come to Ghana through BOG.

Because all gold exporters are under their licensure and they receive special financial vehicles that is not available to ordinary account holders.

How do you think your central bank get to know how much tea was exported? Dumb guy

rvp20182:
How does you Central Bank tell which dollars are gold receipt and which aren't.

https://www.reuters.com/investigates/special-report/gold-africa-smuggling/

Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found.

Customs data shows that the UAE imported $15.1 billion worth of gold from Africa in 2016, more than any other country and up from $1.3 billion in 2006. The total weight was 446 tonnes, in varying degrees of purity – up from 67 tonnes in 2006.

Much of the gold was not recorded in the exports of African states. Five trade economists interviewed by Reuters said this indicates large amounts of gold are leaving Africa with no taxes being paid to the states that produce them.

Ghana local companies that are majority own by Ghanaians and will to structure into large scale players receive incentive from the Ghanaian government.

rvp20182:
The source of discrepancies is not hopeless GHANA - it's Nikkei Asia financial study of gold imports to Asia.

Nikkei pick the wrong report because they have no idea how Ghana resource export receipt reporting is like

According to ACEP, 6 billion dollars of Ghana Gold export was unaccounted for in trade data between 2013 and 2016 when they compared imports from all the gold buyers OF Ghana and the Minerals commission of Ghana.


The Small scale gold miners and export houses only report their export earnings to Bank of Ghana and not Ghana minerals commission according to law. Hence Bank of Ghana have provided their data to the finance ministry which indicated that all gold receipts were accounted for.


This correction in trade data reporting is what led to Ghana overtaking SA in Gold export in 2018

rvp20182:
Discrepancies is not internally - it's external. Ghana report their exports of gold. Other countries report their imports of gold. There is HUGE 5B dollars worth of gold out there that you don't export annually (officially). South Africa has no such issues.

Stop being an idiot.

Like Nigeria claiming to be self-sufficient - while Benin is drowning in rice imports from Thailand.

INTERNATIONAL TRADE

you are dumb

All the countries and organizations that import Gold from Ghana pass through the bank of Ghana

So gold import receipt is not an external discrepancy as your dumb brain conjour

Ghana's minerals commission says Ghana exported 3 billion dollars worth of Gold

Bank of Ghana says it received all 6 billion worth of export trade from gold between 2013 and 2016 that were not accounted for in Ghana's trade report.

rvp20182:
Do you need images hobbit?
https://images.squarespace-cdn.com/content/v1/59a86515c027d8c79faf6c05/1547659475207-95EF5HGKHMC20E1Z3MCP/ke17ZwdGBToddI8pDm48kNvT88LknE-K9M4pGNO0Iqd7gQa3H78H3Y0txjaiv_0fDoOvxcdMmMKkDsyUqMSsMWxHk725yiiHCCLfrh8O1z5QPOohDIaIeljMHgDF5CVlOqpeNLcJ80NK65_fV7S1UbeDbaZv1s3QfpIA4TYnL5Qao8BosUKjCVjCf8TKewJIH3bqxw7fF48mhrq5Ulr0Hg/Guangxi-Ghana-gold-rush-galamsey.png?format=2500w
https://images.squarespace-cdn.com/content/v1/59a86515c027d8c79faf6c05/1547667863600-JTDOPS13E4G3ID7WI85E/ke17ZwdGBToddI8pDm48kC6zQ1d3n4z02dGLnRxhWgtZw-zPPgdn4jUwVcJE1ZvWQUxwkmyExglNqGp0IvTJZamWLI2zvYWH8K3-s_4yszcp2ryTI0HqTOaaUohrI8PI5Y09WcXfCOqZj4qmSrNurwzt1MVv4Um4urptk_ZwPvU/Ghana-gold-rush-Chinese-miners.png?format=1000w
https://images.squarespace-cdn.com/content/v1/59a86515c027d8c79faf6c05/1547658116061-UKVIAM3BHGX5UZNUL7V1/ke17ZwdGBToddI8pDm48kC6zQ1d3n4z02dGLnRxhWgtZw-zPPgdn4jUwVcJE1ZvWQUxwkmyExglNqGp0IvTJZamWLI2zvYWH8K3-s_4yszcp2ryTI0HqTOaaUohrI8PI5Y09WcXfCOqZj4qmSrNurwzt1MVv4Um4urptk_ZwPvU/Ghana-gold-illegal-galamsey-exports-2017-trade.png?format=750w

Like is said

That is because, the Gold trading companies that exports those golds are not under the minerals commission of Ghana who collects Gold trade reports.

The Gold export companies reports to Bank of Ghana hence all the export data in with Bank of Ghana.

rvp20182:
Chinese smuggle all gold out of Ghana. Which is easy - because gold is small precious thing. They simply put the gold inside fish containers and once in China- the gold show up in the market - and when Chinese are asked from where - GHANA.

That is why there is the difference btw what Ghana reports as gold exports - and what countries like China, India, Dubai - report as imports from GHANA.

You're very naive and dumb - which is no longer surprisingly. You're a ghanian.

Not a single gold is smuggled out of Ghana

There is only a reporting difference between Bank of Ghana and the minerals commission because of lack of coordination



You are just dumb as usual

all containers receive opened inspection

Golds are not exported using the maritime trade but Airports.
Before anyone can export gold, they need clearance from Bank of Ghana and Minerals Commission

All Gold export receipts 90% remain in Ghana.


Speak with Facts

rvp20182:
Here again, we go with your poor English comprehension and basic arithmetics.

50,000 Chinese. Assume each gold camp has 10 Chinese. You get 5,000 gold camps. If each is making 10K per day. That is 5B dollars per annum. I am only assuming 300 days..giving the Chinese enough days to bonk Ghanian women and get us chinko-ghanians to join african-americans while exploiting west Africa natural resources.

Exactly the difference btw the actual and official gold receipts - as per export statistics.

there are no 5000 illegal gold camps here

your imaginations are just running wild

rvp20182:
Any documentary evidence of that . The little respect I had for you guys just evaporated when I realize 50K Chinese long descended on your country and are busy taking away all the gold - leaving you with empty pits - poisoning your rivers - and the only legacy will be mosquitos.

There are plenty of investigative report on the owners of the mines
you will get them on youtube

mtisTheQubit:
No man,,your people are becoming poorer every day..

not according to facts

rvp20182:
Nobody knows how much Chinese are making - its jungle out there - whatever they make only Chinese know - but from an article I read - they are sending more yuan back home - than your gov revenues. Think about that. 50,000 Chinese!!!!!!!!!!!!!!

Illegal mining also results in huge sums of lost revenue. In 2016 alone, an estimated $2.3 billion worth of gold left the shores of Ghana through galamsey. The illicit trade avoids taxation and the prevalence of foreign actors means that profits typically flow out of the country

you keep making noise

Whatever Chinese were making is a peasant to what the Ghanaian powers of those mines where making.

Cheap talk as no export takes place without clearance from the Bank of Ghana,
No tax were lost because as Ghanaian companies set up under the Ghana companies act and structuring themselves into large gold explorations are entitled to a 5 years tax break.

The Chinese provides equipment and receive their cut from their Ghanaian owners.

We Ghanaians are not dumb like Kenya who had handed the Indians all their farmlands.

3.Investigation into those illegal mines indicated that they are owned by Ghanaians 60 to 70% and 3.5 billion dollars came in through the Bank of Ghana clearance making lots of Ghanaians richer

rvp20182:
Lol - lying requires some intelligence man. There is no Ghanian allowed inside the tent where the final sampling of gold is done. It is done exclusively by Chinese. Not even the mine owner or even your gov knows how much gold got mined.

You're worse than Nigerians.

No wonder you are hopeless under IMF.

The Chinese were just contractors on Ghanaians mining pits who receive their cut every months.

The next 5 largest gold exporters after Anglo gold in Ghana are all Ghanaian companies.


Too bad, Kenya does not have all these avenues to lift it citizens out of poverty.
All you can do is pick tea on Indian farms to receive 20kshs a day

zombie

rvp20182:
LOL . The hobbit cannot figure out how to exchange gold for money. He wants the Chinese to do everything for him.

you are just dumb on international trade

Keep crying, ain't going to make kenyans rioting for food any less poor

rvp20182:
Too late - I am just done watching the Aljazzera documentary - the poverty in those gold areas - man. The Chinese just made 6K dollars in few hours - and Ghanians are doing all the donkey work.

most of the monies go to Ghanaians who own the mining pits

That is why we sacked them

You don't use gold to pay for international contracts

rvp20182:
You want to borrow 2B dollars when you have all that GOLD. Chinese are sending back more gold than 2B dollars. If one illegal gold camp can make 10K dollars a day - then imagine what 100 camps can make..1M dollars. In one year - that is 3B dollars.

Now think 50,000 Chinese...say 10 per camp - that is 5,000 gold camps - and billion dollars of illegal gold that is smuggled out to China.


https://www.youtube.com/watch?v=ohrrE1rjzLo

After Chineses are done cleaning the gold - they leave with an ecological disaster akin to Nigeria delta oil crisis.

rvp20182:
And now I am not desperate anymore!!!!!!!!!!!! Chinese are taking it.

More than 50,000 Chinese gold miners - two-thirds of them from villages in Shanglin - have poured into Ghana since 2005

And at the height of the gold rush it was estimated that billions of yuan were being sent from Ghana to China—far more than the Ghanaian governmental revenue.


https://www.youtube.com/watch?v=A9QzwKjMNsc

They've all been sent packing thereby making the Chinese government furious


They were so furious that they refused to borrow us 2 billion dollars

rvp20182:
Yes, I am desperately looking for where the Ashanti Gold is buried.

It is in Ghanaian's pocket

We've used it to live in huge comfortable houses


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

That is the poorest neighbourhood in GA East Municipality

Even poor people can afford good housing

You are really desperate

rvp20182:
Yes Ghana have ugandasque kind of houses. Nigeria has american architecture feel. What both lack is greenery - and this is because their zoning laws are either weak or non-existent.In Kenya to have a building plan approved- you have to show at least 20-30% of green space reserved. If you're building a high rise or a road - you may be required to plant thousands of trees elsewhere.

This is example of approval plan being modified by NEMA to increase greenspaces

Arising from the above considerations and findings, the Tribunal unanimously, makes the
following orders:-
i. NEMA was appropriately enjoined in these proceedings as a party;
ii. The approval granted by NEMA in its letter of 17th May 2005 remains
valid.
iii. Proponent takes measures in carrying out the contruction to ensure that
there is no encroachment on the riparian reserve.
iv. In place of a swimming pool and a gym envisaged on the side of the river,
an area be set aside for green space and play ground and such number of
indigenous trees as the area may hold be planted;

Kumasi

vaxx1:
That is a show of leadership . well , kenya is still owing africa union some 3 million dollar , that shouldn't be freeze

They wont be able to pay

They need mercy from AU

Problemkid1:
Port Harcourt is far more developed and beautiful than your Nairoslum. All your crap citis are shitty full of slums.

Port Harcourt again

clean roads