₦airaland Forum

rvp20182:
Uniliver Tea is kenyan - but we can give it to Unilver Global in Netherlands - coz we have so many kenya teas.

SO all the South Korean and Swiss Chocolate brands are Ghanaian?

is that what you are saying?

backward Kenyans

Logobenz0:
That's how that fool reason. He doesn't want to accept that we're far ahead of them something that we all know and see how useless their country is just see their federal road in Kisumu. Kenya is a Big zoo abeg

no wonder only 7000KM of roads in Kenya are tared

when we say ordinary Ghanaians live in better houses,

this is what we mean


Ordinary Ghanaian neighbourhoods

rvp20182:
The third question? Why is Kenya doing debt-refinancing. This one is the easiest. SO WE DO NOT BECOME ANOTHER GHANA - an IMF colony.

We know at our level of (under) development - a low middle class country - our debt to gdp - should be around 50% - with debt repayments not exceed 30% of the revenues/budget. That is what prudent debt management demands.


So when our debt to gdp started to approach 60% - from around 55% - we stop debt leveraging - and started debt refinancing.

Debt refinancing is used by many countries including US, China and even private companies
Here is Apple - https://www.cnbc.com/2019/09/08/apple-pockets-cheap-debt-refinancing-heres-the-big-money-lesson.html

What it mean is basically your borrow new loans at better terms - and don't really get the cash - but use the loan to retire the old expensive loans.

One example is our last eurobond..in 2019...we took it and use parts of the proceed to retire the other eurobond.

https://www.businessdailyafrica.com/news/Treasury-gets-Sh125bn-loans-to-refinance-debt/539546-5092412-r8wb35z/index.html

http://www.treasury.go.ke/media-centre/news-updates/608-kenya-successfully-issues-us-dollar-2-1-billion-euro-bond-on-15th-may-2019.html

"We reduced debt by paying off an already existing debt and took a fresh loan; so no change in debt stock to the extent of the maturing loan repaid.

"This is called liability management in international finance circles,” Treasury secretary Henry Rotich told Business Daily.

This what PRUDENT DEBT MANAGEMENT REALLY IS ALL ABOUT.

“There’s no addition in debt stock,” Dr Sirima told Business Daily. “The whole idea is to manage costs and risks. It is purely a debt management operation.”

[b ]We cannot procure new loans like a drunken Ghanian sailor when we are already near the red line (60%) - Ghana plays around 75% (and this year despite rebasing will exceed 60%) [/b]

anyway my questions have not been answered

Ghana debt stands at 57%

rvp20182:
We don't yet sell our tea to west africa - small volumes - you still call tea - English breakfast - a novelty in West Africa preferring to eat rodents - kenya black tea is popular in countries that consume black tea - pakistan, egypt, sudan, england,afghanistan - the likes of algeria, tunisia, morocco prefer green tea.

Kenya Tea brands - each brand has many varieties.
Kericho Gold.
Ketepa.
Melvins.
Equitorial Natural.
Baraka.
Lipton.
Eden.

etc etc.

For example Ketepa tea
https://ketepa.com/wp-content/uploads/2017/07/blog-2.jpg
Melvins Tea.

when i go to Morrocco and Egypt i will check for your tea and see

when did Lipton become a kenyan brand ?

Troy404:
Our real estate sector is ranked only below SA in sub-sahara Africa.

Our retail sector is again only below SA,

Our transport sector is on another level, we are an aviation hub, marine hub etc.

Pick your battles wisely.

hahaha

funny funny joke

you can only call your real estate sector mature when you are doing a cement consumption above 10 million metric tonnes
for your size

mtisTheQubit:
Ok then, where does the rich Ghananians shop ?...

the rich Ghanaians shops at UTC
wide spread street shopping centres that lines up every street in THEIR neighbourhood

rvp20182:
I am sure I have pasted kenya brands tea for like 3 times. So you're just being dishonest as your run on the empty.

Open this link - and checkout - more than 10 kenya tea brands
https://www.jumia.co.ke/tea-6667/

As regard who owns Tea - my own mother, father, etc own tea farms - as smallholders.

Kenya tea is divided into two - large scale (largely unilver, finlays, tata, and many big kenyans own large tea estates) and small scale.

Small scale farmers are organized into companies under Kenya Te Development Holding company - THE LARGEST SUCH FARMING ORGANISATION IN AFRICA.

KTDA (H) Ltd is currently managing 66 tea factories that serve over 560,000 smallholder tea growers cultivating about 130,000 hectares of tea spread in all the 17 counties of Kiambu, Murang’a, Nyeri, Kirinyaga, Embu, Tharaka-Nithi, Meru, Kericho, Bomet, Nakuru, Kisii, Nyamira, Nandi, Kakamega, Vihiga, Trans-Nzoia and Narok. KTDA also manages two factories in Rwanda namely Shagasha and Mulindi.

Is it because your tea is not good enough so it doesn't go anywhere but Kenya?

as you claim that you have tea brands
all i see are two brands

mtisTheQubit:
Just30 first am not a tanzanian ,,
Second someone asked ths important question..the rich Gunias ,do they shop in shacks or what..

ask me when you get your spellings right

Troy404:
hohoho your minister has confirmed that or are you saying he's lying.

You are suffering from denial.

my minister was never there in the first place to make that comment


In an attempt to ask for money from parliament and the corporate societies in Ghana,
she will have to play a card that will play to the emotions of Ghanaians.

mtisTheQubit:
Look dude no one is buying your middle class crap ..the photos betray you..you niggs look poor an you are poor...

haha


yunny enough

the stats and reality Betrays both Kenya and Tanzania

rvp20182:
The cooked stats cannot help them.

when you are beaten

you return to cooked stats

your consolation comment

mtisTheQubit:
What about ths..

you still haven't shown a stranded Ghanaian yet.

one thing Ghanaians never do is kill their brother outside of Ghana

mtisTheQubit:
very true..i dont see anything like middle class stuff in Ghana

fact that you dont even have a middle clace and thereform slums
everywhere does not mean everyone is as poor as you are

rvp20182:
Let move to second questions. Kenya Tea and it's brand.

Kenya again is not Ghana - where all cocoa beans & paste are taken to swiss for Nestle to re-brand and make a huge fortune.

First kenya has more than 150 tea factories - that process tea leaves - and we also have Mombasa Tea Auction - where all Africa tea is traded.

I know west africans are not tea people - you hardly can afford milk - so maybe the only tea you ever saw was LIPTON TEA by uniliver.

But there are many kenyan tea brands outside Lipton tea. Google and type ' Kenya Tea brands' - see what you get.

As of 2017 - Kericho Gold had overtaken Unilver

Kericho Gold firm overtakes Unilever to top Africa's tea purchases at Mombasa auction

https://www.businessdailyafrica.com/markets/commodities/Kericho-Gold-Unilever-top-Africa-tea-purchases-Mombasa-auction/3815530-4284208-p5mie/index.html

hahahaha

you've still not mentioned a single Kenyan tea brand

you'll never be Ghana too.

whiles in Ghana, ordinary Ghanaians own their cocoa farms
ordinary Ghanaians own their cocoa products brands and chocolate brands.

Kenyans are busy farming for their lords

mtisTheQubit:
dude stop with the lies man..You Ghananians lie more than naijas i tell you

these where Ghanaians waiting to be airlifted back to Ghana
when the crisis became severe

rvp20182:
Ghacem themselves last year sold 56M bags of cements. Do the maths - 56m*50kgs and come & lie to Nigerians.

keep conjuring

aint going to make you cement consumption leave 5M to 12M

rvp20182:
Which services sectors? Your hotel sector is nothing to write home about? Your banking and insurance sector the same? Your transport, retail & wholesaling nothing. Your real estate NOTHING.

Just informal sector where a typical Ghanaian in Accra or Kumasi opens a pop & mom shop, trade in banku & rodents, sell fish on the roadside, drives 30yr old taxi, open a roadside eatery. maybe a salon & hair dressing shop.

That is why 15 m urbanization has not produced any tangible economic benefits.

Kenya is still largely rural - and they are engaged in small holder farming - some of the best small holder farming in the world.

my real estate sector beat yours
that has already been proven

my transport sector beat yours as well
It is runned by ordinary Ghanaians.

those business owners are the reason why the ordinary Ghanaian live a comfortable life
Owning a business is a great thing.


the 15 million Ghanaians have built an economy that is richer than Kenya.

Mkenya2019:
I see you are back to opening many threads. You failed the common sense test of prosperity. It only exist in data. And you produced 5.2M metric tonnes of cement. You peak power demand is 2,500Mw with about half of that going to minning

Cooking data has not helped you wade off IMF from runnin your country for nearly all your years as "independent" country.

hahaha

even just GHACEM is producing 5 million metric tonnes

funny Kenyans

Troy404:
So Ghanaians now have left refugee camps in libya and taken up the local jobs amazing.

So now they nolonger trek through Sahara desert but fly.

So Ghana is now an avation hub more than Kenya. Haha

Wake up from delusions.

Ghanaians where never in refugees camps

they were either running those camps to prevent death in the Mediterranean

rvp20182:
If the data is not cooked - shows us the pictures or images of that prosperity. Why again I ask is your GDP per capita equal to kenya. 70B/30B and 100B/48B despite a re-basing that most thought was curious and despite being 'alleged' 50% urbanized like middle class countries.

What are all those 15M Ghanians doing in urban centers where all your exports is minerals and cocoa beans?

15M Ghanaians are either working in the service sector or running their own companies
or working in the manufacturing sector.
those 15M Ghanaians are driving a real estate boom.


what are the 35M kenyans doing in rural areas?

Jonraid:
But 40% of the Kumasi population lack access to toilets. What's the difference between Kumasi and a slum then?

there is not even a single house in Kumasi without toilet

Mkenya2019:
There are many countries that have made extreme poverty history including many in Africa.Relative poverty cannot be eliminated.For example in many developed countries like US anyone earning less than 20k dollars a year is considered poor but definitely they have eliminated extreme poverty (1.9 dollars a day a person).Even a beggar in US can surely ace that.When did Kenya poverty increase when every data has been suggesting drastic drop of poverty.I think now should be well under 30% not far from cooked Ghana 20% despite urbinazation or shanization or whatever you call those mega slumpolis

so when someone is doing better than you, the person has cooked data

funny logic to convince yourself that youre not doing so bad

Troy404:
Hundreds of thousands of Ghanaians in libya and many countries including kenya will beg to differ.

there is nothing in Kenya for Ghanaians to do there

your ego will kill you.

Troy404:
Hundreds of thousands of Ghanaians in libya and many countries including kenya will beg to differ.

100s of 1000s of Ghanaians are skilled workers in Libya
they worked in the oil industry, manufacturing, construction and service industries of that country.


the ordinary Kenyan has no skill and therefore a labourer on tea farms of Qatar and multinationals
so cant afford to even travel anywhere.

Mkenya2019:
Why doesn't it reflect in GDP per capita? Your GDP per capita should be twice kenya. You should basically be a middle class country - where likes of Morocco, Tunisia, Egypt and South Africa are.

Look at China - they recently got to 50% urbanization.

I see you run into poverty - I wonder what the Nigerian will say .

At 50% urbanization - your poverty should be nearly history. I know when Kenya get to 50% urbanization we would have made poverty history.

When it come to poverty data - I have seen something like Ghana has poverty rate of 24% against kenya 36%(in 2015 - should be around 30%) now.

even with the US kind of urbanization

there are still 40 million poor americans

forget about eliminating poverty
its impossible.

But like US, you can make your citizens lives better even when they are poor.
provide good roads, schools, hospitals, job opportunities

a poor person in Ghana can do labour works and put up a three bedroom house for his family.
that is the Ghanaian dream.

whiles you are dreaming

2019, Ghana poverty figure is 20% which is 6 million people.

whiles that of Kenya has increased to 40%

Mkenya2019:
Except the main thrust of our argument is that it's doesn't look ahead.. Accra failed the picture test...actually the COMMON SENSE test....Nigeria once claimed to have 500B dollar economy and we now know without any doubts that it world poverty capital.

so economics discussions are now reduced to pictures ?

what backwardness


Fact still remains that ordinary Ghanaians live in better houses
Have better health care
attend better schools.
have better access to services.

when we unload pics and videos
you wont survive


there is a reason why we consume 12M metric tonnes of cement and you consume 5M



this is all that matters

the fruit of Ghana urbanization is the fact that
we've moved 60% 0f our poor people out of farming to feed themselves
into the service sector and farming on a large scale.

thereby making them middle class citizens


its not bad to dream.
By the time you reach 50% urbanization

there wont be any poor people in Ghana

Mkenya2019:
Run away ? Again we are here to have conversation - not for you to bombard me with half-thought half-baked questions - when you have hardly done any research or understood the concepts.

Let me answer you the first one and ask you one question related to it. Then we move to the next one.

Urbanization. Kenya is EXACTLY where it's supposed to be urbanization wise. Urbanization is great - it should lead to greater economic development.Ghana & her big brother Nigeria claims to be 50% urbanized - which is all good except when I google ' GHANA GDP per Capita' and ' Kenya GDP per Capita'.

Ghana - 1,641.49 USD (2017)
Kenya - 1,507.81 USD (2017)

I think as of 2019 - Kenya is around 2,000 and Ghana is slightly ahead - maybe 2,200. Even if we look at PPP - not much difference.

Now the question for you. Why is that despite Nigeria & Ghana urbanized is poverty that rampant? Where are the fruits of that urbanization? Why do you urban centers look really BAD?

I can tell you for free - when Kenya reaches 50% urbanization ( we are urbanizing at 4% annually) - somewhere after 2030 - we will look like South Africa or Namibia - proper middle class countries.

You and Sammy the dreamer (for Nigeria curious case) can answer us now...and we can move to the next question.

he is running away from them

samorobo:
No need to run away..just answer the questions he asked you one by one..simple..
Here you go...




why are 70 % of kenyans villagers?
why is there no kenyan tea brand?
Why is Kenya borrowing to pay debts?
why i kenya borrowing to support the kshs?
i want to believe you know Zimbabwe ?
Why is Kenya such an underdeveloped country?
why are roads in Kenya so bad?
Kenya has a road network of about 177,800 km out of which only 63,575 km ... During the same period, the paved road length grew from 1,811 km to 9,273 km.

why does Kenya have such poor health care facilities

answer the questions and stop diverting

;Dwhen you learn to paragraph
then you can engage me

Ghana exports already have it destination
We dont want to put ourselves in a situation whereby the tyranny oF USA will have a greater impact on our economy

Mkenya2019:
One question at a time besides I think we ready covered this in last 5000 pages with Nigeria.I see you're desperately trying to divert attention from Ghana.Remove minerals and oil..what do you export..cocoa beans?You want to compare yourself with Kenya that has solid macro economics, prudent financial management including debt management and is winning the war against poverty when she is 89 % semi arid and has no minerals.That rich coming from aid dependant natural resource IMF colony whose citizens are immigrating enmasse.Kenya tea production has risen to be global leader on the back of small holder farmers with our Kenya Tea Dev Agency paying nearly a billion dollars annually to farmers. Mombasa tea auction is world biggest with tea from all over Africa sold there.The same is replicated in horticulture where Kenya vegetables dominate supermarket shelves of Europe and Middle East.We lead Africa in export of apparels & textiles to the US.We lead Africa in intra-africa trade.We are one of Africa biggest source of foregn investment outside South Africa with our companies spread all over SSA. We have 20k road network in a country where 2/3 of it is hardly populated and existing road network is good enough.In the last 15 yrs our economy has grown from 15b to 100b and nothing suggest that growth rate is about to stop..so another 15yrs our economy will most likely be worth 600B.. certainly in 3-4 yrs we will overtake Morocco to sit just below Algeria.We have one of Africa most educated professional force and MNC are choosing Nairobi over Joburg for that reason as their Africa HQ or entry point.We are nailing demographics..pop growth rate now 2.1% from 2.9% 10yrs ago..and are just about 5yrs from entering a demographic transition of more adults than kids that will further fuel our economic growth.Our cities certainly look way better than any of your shanties including Accra. Surely it is very rich for an IMF colony like Ghana that has tried to rebase itself from one Africa poorest country to where it is now but has not managed to handle hyperinflation and currency deprication..a country that depends on AID and is one year from another economic meltdown.Your best highway is a gift from George bush for being the whims.Our advice..learn from Kenya, diversity your economy, formalize your economy and join the modern world.You live just across the US and you cannot take advantage of AGOA that allow duty free quota free imports of 600 items from Africa? Your big idea is to bring back the messed up African Americans to Ghana?How can they help Ghana when they are the dregs in their countries?The year of return for the scum of earth back to motherland indeed

How are you going to pay the SGR debt that is drivng investors away from yout non productive economy?
Why have you sold all your farmlands to multinationals and Qatar for your people to become slaves on their own lands?

Why is Kenya's export just a meagre 5 billion dollars?
why are so many kenyan so poor?

why are 70 % of kenyans villagers?
why is there no kenyan tea brand?
Why is Kenya borrowing to pay debts?
why i kenya borrowing to support the kshs?
i want to believe you know Zimbabwe ?
Why is Kenya such an underdeveloped country?
why are roads in Kenya so bad?
Kenya has a road network of about 177,800 km out of which only 63,575 km ... During the same period, the paved road length grew from 1,811 km to 9,273 km.

why does Kenya have such poor health care facilities?

Mkenya2019:
Splitting the hairs. Do you think what Cocoa has done to Ghana is comparable to what Gold or Oil has done? Of course the answer you don't want to answer is NO. Oil only contribution to your GDP is that offshore OIL RIG - and measly 1B dollars - otherwise the rest of the money ends up abroad - in oil majors account in Swiss or Luxembourg.

Here is your latest export data for 2018 - about 14B dollars in 2018 ..Oil(4.5)+Gold(5.5)+Cocoa(2).

https://www.ghanaweb.com/GhanaHomePage/business/Ghana-s-2018-export-improve-significantly-BoG-data-718978#
1)Receipts from oil exports increased from USD 3.1 billion dollars in 2017 to USD 4.5 billion dollars in 2018.

2) Gold exports on the other hand witnessed a marginal decline from USD 5.7 billion dollars exported in 2017 to USD 5.4 billion dollars exported in 2018. This represents a decline of 5.6 percent.

3) While cocoa exports for 2017 stood at USD 2.6 billion dollars, the figure for 2018 dropped significantly by 21.4 percent to USD 2.09 billion dollars for 2018.

Can you explain why all the tea farms in Kenya are own by multinationals ?
mention one kenyan tea brand and i will mention 10 Ghanaian cocoa products and chocolate brands

gallivant:
Why would I need a thesis? Drilling for oil is not rocket science and Kenya has had a refinery since the 70s, the largest in the region and we produce almost none of it. The cocoa industry has been proven to be one of the worst cases of Neocolonism left in the world. Imagine the Swiss making all the money in chocolates yet they produce none? People should seriously pray for West Africa.