₦airaland Forum

He is playing dumb

forgiveness:
Is Mercer same with Ecofinagency?

MERCER

TayserMahrii:
Show me anything close in Ghana

Atleast your neigbors have a concentration camp as the largest mall

I know for a fact with your cross dressing president cant afford to build anything like that

I don't like arguing over useless stuffs but you're pretty dumb



Kumasi Central Market

172,197 square meters

Cost 250 million dollars to build

When completed the market will have 6500 leased stores commercially, 5,400 stores closed, 800 kiosks, 50 restaurants, 40 livestock stores, 210 fish monger and butcher spaces and community facilities of 1,800 square meters. It is estimated to cover a total area of 172,197 square meters.


Nothing in Kenya comes close

Shma:
lol!
Is that all,? Every country is aiming at that. But the question should be, how long will it take for Ghana to recover completely and start showing economic growth??
Manufacturing alone can not do you favour, in kenya We expect the GDP growth to recover, driven by a recovery in agriculture, manufacturing and financial services sector( though am quite sure unemployment rate will rise drastically due to this epidemic) I don't know how our government will tackle this,. we also expect improved private sector credit growth to be beneficial to GDP growth. Currently many things have stalled, it will be so difficult to shield it, am not talking about kenya alone even Ghana and worse of Nigeria with her shambling economy. All economy is facing a grim future you know,

Here, it is not just an expectation but a surety that the economy will grow more than predicted



sorry not all economies are facing a grim future

Economies like Kenya have no escape route because of your failures

Shma:
every thing.

Accra is ahead of Lagos(can be true but am doubting )
Accra is ahead of Nairobi(total lie )
Eastleigh developed by Somali( lies )

Prove me wrong

Does Nairobi have water supply? NO
Does Nairobi have roads? NO

Does Nairobi have world-class health facilities? NO

In this case, Nairobi is underdeveloped


Everyone knows Eastleigh to be a Somali business area including Kenyans themselves

Shma:
effects will unfold after corona endemic, even kenya is trying to shield her economy but recession is still inevitable. In this matter, our government will seek rescue from IMF to protect our economy. Ghana is not exceptional as it has done it a number of time before.
IMF can only be our survivor during this tough time ..

after corona virus

there is economic growth for us

My government will put enough money to manufacturers to get them in good positions to purchase raw materials .

He is just a cheerleader here

hasn't ever posted anything sensible

samorobo:
I bet my last finger he doesn't know what is a lie and fact ..

I am very sure he just wrote the word "lie" for writing sake...
Lol do you want him to tell you what he doesn't know

Shma:
you can't answer this because you know all these are lies,
You don't spew facts but hatred.
You and tomboy (the only ugly woman trying to compete other women in this forum)
Are on the same bout of jealousy the difference is that you argue like a man( Heart broken though) and you're a little quick-witted as compared to your fellow dumb counterpart(tomboy)..

which one is a lie ?

Shma:
recession is inevitable bro especially during this corona endemic I wonder how is Ghana managing it?
Only, Big countries(with stable economy) will survive, that's only within short period maybe less than a year or so. Kenya of course is likely to face recession and it will take us less than two years at most to recover, I wonder what will happen to Nigerian with there stagnant economy ..

Ghana is managing just fine

the impact of it will be less felt here.

Hope Kenya comes out of it without picking up more debts

Kenyans are naturally dumb

samorobo:
It is the truth...he is used to echo out people's effort without even caring to confirm if it is worthy...if I ask him now to prove that nairobi will surface Lagos , he would go and pick of the nonsense from that Mauritius private bank as fact (something he downloaded from his fellow Riff raff here without even Understanding it talkless of knowing if it is true or false).....

A begI suffice it to say he his a "capital olodo" simple

Chaley

riff raff paa

that is wicked

samorobo:
Go back to skyscraper centre and click on more stalled/cancelled/dead project.... economics is not forte....the best you can do is pick up the B.S of your fellow Riff raff and run around with it like a mad man

You want to know where our oil money dwell then go to port Harcourt,Abuja e.t.c...lagos is not dependent on oil .
Lagos GDp is bigger than nairobi, oh wait what am I even saying..I mean Lagos GDP is bigger than that of your entire country with 53m population after 56 years of independence....

waa see




the global recession hasn't even started in full yet oo

samorobo:
Hahahaha Kenya economy is gradually grounding to a halt...Every sector is closing down....none is spared



[b]Central Bank of Kenya (CBK) usable foreign exchange reserves dropped Sh35.87 billion in the week to March 26, to over two-year lows.
The decline comes on reduced inflows of export earnings due a freeze on imports of fruits and vegetables to China, reduced orders for flowers from consumers in Europe and the Middle East.
This has been coupled with reduction in airfreight and shipping volumes due to closure of borders to fight spread of the coronavirus.
Advertisement

Central Bank of Kenya (CBK) usable foreign exchange reserves dropped Sh35.87 billion in the week to March 26, to over two-year lows.

CBK data show the reserves now stand at Sh836.33 billion ($7,965 million) down from Sh872.20 billion ($8,298 million) recorded in the week ending March 19, marking the lowest point since the week ending March 8, 2018 of $7155 million or 4.78 months of import cover.

This represents the sharpest drop compared to a fall of Sh12.6 billion a week earlier. It is an Sh83.26 billion drop from Sh919.59 billion ($8758 million) of reserves representing 5.39 months of import cover recorded in the first week of the year.

“The CBK usable foreign exchange reserves remained adequate at USD7,965 million (4.84 months of import cover) as at March 26. This meets the CBK’s statutory requirement to endeavour to maintain at least 4 months of import cover, and the EAC region’s convergence criteria of 4.5 months of import cover,” CBK stated.

The decline comes on reduced inflows of export earnings due a freeze on imports of fruits and vegetables to China, reduced orders for flowers from consumers in Europe and the Middle East.[/b]

rvp20182:
Yes, that is what Ghana has been doing since 15th century. Build other economies. Not through their brains - but their brawl. You're the nearest to a human mule. Still manufacturing and exporting slaves.

Start BUILDING GHANA. In Kenya we have Buy Kenya. Build Kenya.

Hahahaha

you are so pissed that for 50 years of your independence, you have not been able to match Ghana's level of development and socio-economic progress.
Ghanaian exceptionalism has led to a global clamour for their skills and mental fortitude.

One that has brought in billions of dollars to Ghana.

Always clamouring for Ghana's policy framework in other to make Kenya better like Ghana.

rvp20182:
I see a lot of concrete there - or you want Dangote cement concrete road. Americans and British road standards are out. What is in are Chinese road standards. They are built using stabilized soil. Dont let Dangote rip you off...with rough concrete roads.

such a broke shame

rvp20182:
IMF might want to disagree...especially as you are now calling for 17th bailout. You're the poster child for a mismanaged economy. An IMF guinea pig for all kinds of experiments. Meanwhile, the average Ghanian is escaping Ghana as we speak.

At least we are not a Chinese lab rat

I will pick the IMF over China that seeks to dismember a country.
Good luck paying 80 billion in Chinese loans with that your useless economy



The average Ghanaian is so educated and confident in himself such that they venture to go and create businesses in other countries to return billions into Ghana

Austine1212:
I think the number of people have started to slow down even thou we massive people testing

The would will pass through it

meaning you've peaked

For instance

Ghana Vision 2020 has led to the establishment of
1.Modern health facilities
2. Telemedicine is now possible
3. E-government is now possible with the laying of the country fibre optic backbone
4. Expansion of transport facilities all around the country (Airport, Harbours, Rail, roads)
5. E-education ( as the school are locked down, students are still receiving education)
6. Increased water provision to 84%
7. Increased electricity access 90%( New Nuclear Reactors will soon go into construction)
8. Reduced poverty to 18% currently
9. Eliminated hunger and starvation
10.Diversified our economy to a broad base productive economy that has led to a drop in import.
11. Made Education free and accessible to all.

that is not a concrete road

rvp20182:
It's already been built - and is in use.
During construction.
[img]https://natekev.files./2013/06/globe-cinema-roundabout-then.jpg[/img]
[img]https://natekev.files./2013/06/globe-roundabout-1-now.jpg[/img]

And Now.

And we are building this one too...about 700M dollars for like 20kms.

The road you see there - will be one of Africa longest double-decker roads - construction started.

you guys are doing well

Austine1212:
SA Health Minister Zweli Mkhize, officially launched 67 mobile sampling and testing units to be deployed nationwide to all districts and metropolitan municipalities.



President Cyril Ramaphosa announced the roll out of the large-scale screening, testing, tracing and a medical management programme on Monday.



Around 10 000 field workers will be visiting homes in villages, towns and cities to screen residents for COVID-19 symptoms.



Meanwhile, the number of confirmed cases of COVID-19 has risen to 1380, with over 40,000 tests conducted.





https://www.sanews.gov.za/south-africa/sa-rolls-out-mobile-covid-19-testing-units

Vision 2020 document that was put together by the National Development Planning Commission (NDPC) as Ghana's blue print for sustainable socio-economic development.


This is why Ghana outmatch Kenya on all the socio-economics



Ghana vision 2020 has mostly been achieved


The Ghana economy is an emerging digital-based mixed economy with an increasing primary manufacturing sector and exportation of digital technology goods along with assembling and exporting automobiles and ships, agricultural products primarily cocoa, petroleum and natural gas and information and communications technology sectors.

Ghana’s blue print for sustainable socio-economic development is the Vision 2020 document put together by the National Development Planning Commission (NDPC). With the economic program “Ghana: Vision 2020“, Ghana intends to achieve its goals of accelerated economic growth and improved quality of life for all its citizens.

The document recognizes the fact that the only means by which the country’s resources can be used efficiently to achieve rapid economic growth while maintaining the integrity of the environment hinges is on the integration of Science and Technology in the various programmes.

The NDPC which is the highest planning authority is responsible for coordinating the development programmes of all sectors in a manner as to ensure that sector policies and legislation concerning international cooperation for sustainable development are well coordinated and integrated to achieve the national goal.

The utilization of Science and Technology to quickly deliver Ghana’s advancement to enhance the personal satisfaction for all while keeping up the honesty of nature is this nation’s present need being developed. In this way, all divisions are being urged to utilize science and innovation to address their project in a supportable way.

Ghana’s public administration system has been decentralized to the district level thus making it possible for Districts to take responsibilities for their development programmes and resources in line with Ghana’s Vision 2020 programme. Cities, towns and communities have established bilateral informal relationship with their counterparts in the developed countries for purposes of development.

Government is creating an enabling environment for the private sector to acquire and use environmentally sound technologies through international cooperation.

rvp20182:
Our vision has 3 pillars - the economy is one of the pillars. Our vision 2030 is to be like South Africa - a proper middle class. Not a cooked one like Nigeria or Ghana.

Once we get there - we will plan for 2050 - to be a developed country like UK or etc.

Good luck dreaming

you first have to build that concrete road

19km of the concrete road will cost you 2.5 billion dollars.

For now you are broke

rvp20182:
We have vision 2030 - that we are following since 2005]

well done

hope it increases your export to make you truly competitive so you don't depend on loans

rvp20182:
Saudis and UAES - are working on diversify from Oil - they know it's unsustainable - so don't confuse FISCAL break point from real production break point. They can sell oil at 1 dollar and still make profit. But they are aggressively expanding their economy , saving and the works.

Don't confuse a rich country who has set a target to hit the moon - with Ghana whose target is in Nairobi.

Their diversification has not yielded much result.

Saudi selling oil at 1 dollar will mean no development for them
They wont be able to keep their currency peg to the dollar.
There will be a revolution
They wont be able to give all the free things that they give to their citizens.


All this noise you are making, The Saudis knows best and that is why they been running to Russia begging that Russia agrees to a cut in production

I suggest you get one for Kenyatta

Maybe it will help Kenya get out of it current debt situation and be more developed like Ghana.

rvp20182:
Here we go again.

rvp20182:
Saudi Arabia is a lake of Oil. Continue dreaming. If not for US cajoling and pleading - they can crash everyone. Gawar oil field alone has 70B proven oil reserves. And if Oil is going to go out - don't think Saudis will wait for you to break even - they will flood the market with it.

what is a lake of oil when oil brings them very little money such that they have to deplete their reserves in 2 years?

Saudi flooding the market is just a foolish idea of them, they did it in 2014 to 2016 and lost 250 billion in reserves and Doug a 100 billion hole in their budget. Monies they've still not recovered.

There will be a palace coup in Saudi before the other Princes allow Mbs to ruin the wealth of the kingdom.
This is why Mbs is so paranoia and rounding up his cousins in hotels.

rvp20182:
Their president vision for Ghana 2050.

Ghana vision 205 is too big for your dreams

So Kenya is not selling cows and other wildlife for forex?


that is the definition of being broke in just one month

rvp20182:
Let me teach your economics 101. Our source of forex is diversified. The demand for forex diversified. So if flowers don't get sold for 1yr - we are talking 1B dollars - out. That flower sector alone also requires forex.

Now Nigeria. Oil is the main source of forex and gov revenues. If oil drops to 10 dollars..your forex will evaporate into the THIN AIR...and entire economy will come crushing in months if not days.

Get the difference btw diversified economy and resource dependant economy.

It's like Nigeria has a one-grade cow and Kenya has many chickens,ducks and fowls.

When your only grade cow get sick - the owner also get sick - but the guy with some many fowls - will not lose sleep over one or two chicken.

God help you if the cow DIES.

Bottom line: Don't rush to buy or depend on a cow - like the rich or developed neigbour - diversify into chicken, rabbits, rodents (if you're ghanian), ducks, sheep, goats -- before you spend the last dime on a grade cow.

As you become rich - buy many calves - learn about cow business - and eventually you'll have many grade cows - in addition to chicken, ducks, turkey,etcs.

leo552:
You just wish Nairobi would have been your Capital........

SORRY

we don't wish for more slums
We have already successfully demolished most of out slums .

XhosaNostra:
Stay safe.

Same to you
Dear

Danielnino00:
How much do you have in your forex reserve again ?

Less than $800m ...
Your major source of foreign exchange earning has been frozen...

The decline comes on reduced inflows of export earnings due a freeze on imports of fruits and vegetables to China, reduced orders for flowers from consumers in Europe and the Middle East.


https://www.google.com/amp/s/www.businessdailyafrica.com/markets/capital/Forex-reserves-drop-to-Sh836-billion/4259442-5512256-view-asAMP-rx7m8uz/index.html

rvp20182:
I can see Oil-producing minnows trying to console themselves but remember this

"Saudi Arabia can pump a barrel of oil from certain fields for as low as a $1."
https://www.middleeasteye.net/news/oil-prices-how-saudi-arabia-gambit-russia-could-backfire-vision-2030

Saudi Arabia will go broke when it does that

Currently, they are bleeding money badly and that is why they are so desperate

Problemkid1:

tylann:
Which business
The business in eastleigh are owned by Somali Kenyans
Somalis from Somalia are waiting for relief food in refugee camps

see how you so eagerly want to claim the hard work of others