₦airaland Forum

rvp2018:
I believe now they are past 80 percent. Unless something is done urgently esp to stop cedis depriciation they are going to default.

we are at 70% now and our repayment is still less than 50% of revenue..

I believe Kenya is at 78% now and repayment at 80% of revenue

gallivant:
Seems like I touched a nerve...

https://discoverafricanews.com/wp-content/uploads/2019/04/GHANA.png

do you understand what you are posting?

Or you want me to explain how you're shooting yourself in the foot

obaaderemi:
He's such an animal. Trying hard to get everyone's attention with poor grasp of everything economics.

I think he's trying to build up an image of himself as an intellectual since everyone keeps pointing out how he contibutes nothing to the debates.

He doesn't know that he is becoming an even bigger fool

Balogunodua:
How will they think, when they lack brain..

Balogunodua:
Damn...what a shame for little Indians

Kenya is an hellhole on earth...

They just don't think

Balogunodua:
Cry baby
Kenya's debt-service costs make up more
than a third of forex reserves.
https://www.bloomberg.com/news/articles/2022-02-10/-fragile-five-indebted-africa-nations-red-flagged-by-top-lender

It even worst than I taught...68.40%

https://tradingeconomics.com/kenya/government-debt-to-gdp

actually it is 80% of their total revenue now

And that is why they are having food and fuel scarcity

obaaderemi:
We're talking about debts, one pig is posting charts about GDP growth, yet his economy is less than $100bn.

Education

tylann:
Our economy grew 7.5 in 2021 . Faster than those cities above

Your economy only grew by 5.0%

Because of poor education, you don't even know what argument you are making.

Even if those cities above grow at negative %, they will still remain more developed than yours.

[s]

gallivant:
Any mention of Accra?

[/s]

rvp2018:
It depend on what kind of tourist they are 1) Ghanian visiting Nigeria 2) Benin coming to Nigeria 3) Nigerian diaspora visiting with foreign passport 4) Indians and Chinese coming to work illegally in Nigeria using tourist visa.

Otherwise if you're talking about tourist coming for vacation - few people are that insane to visit Nigeria. Nobody even sell Nigeria as tourist destination.

Nigeria does not even have to sell it self as a tourist destination to get more tourist or make more money from tourism.
Nigeria is a big culture hub that everyone wants to experience.

The whole year of return campaign by Ghana has led to a huge gain all across West Africa.

tylann:
Skyscrapers are a sign of a vibrant economy

so the Kenyan economy Is more vibrant than that of Sicily and Stockholm right ? Or Rabat and Algiers?

So do you guys really listen to your own stupidity before posting it here?

rvp2018:
At least Mini Zoo ghana is doing baby steps - I hear lots of Kenyans are in Ghana managing hotels. Improving service levels and such . Kenya is far far ahead in tourism. Kenya Utalii college is as much sought as swiss hotel schools.

managing what ?

Looking for relevance again?

Many Kenyans are here schooling because there nothing better there in Kenya.... The rest are prostituting


Zoo Kenya really need to develop it people

rvp2018:
Kenya electricity is almost as good as Europe; very few disruptions; maybe an odd day in a month lasting an hour or two. Internet in Kenya is incredible..fiber everywhere...speed better than most places.

so sometimes do you listen to the nonsense you post here?

With 1800MW electricity consumption for almost 60 million people of which only 50% have access. And you're talking about almost good as Europe?


I wonder what Ivory Coast and Togo will be saying

gallivant:
When will you post dwarf cities?

When you start posting every part of your dwarf city instead of being ashamed of it underdevelopment

Balogunodua:
Nairaobi is really a terrible construction site

Maybe they are using graphite to build

gallivant:
Not interested in $hit, post dwarf city.

good you know it's terrible and remain unfixed there

gallivant:


Allow me to jog your memory..


https://www.youtube.com/watch?v=FaCi94NaRkk


https://www.youtube.com/watch?v=rF3tl4coyOo

As usual, the point flew over your head.

While Accra has provided good toilet facilities for each house in the old traditional communities of Accra who didn't have toilet, I'm yet to see Kenya do same.


Help yourself
Nasty smelly shit as usual


https://www.youtube.com/watch?v=cGnnMU744CQ

https://www.youtube.com/watch?v=FKwZBL2WEfA

https://www.youtube.com/watch?v=LxB6B8z_2HU

99% of Nairobi looks this messy

Unmarked roads with no road signage. Terrible housing, kiosks everywhere and no drainages. That's if you're lucky to even have your roads tarred.

A drive through of the various neighborhoods in Nairobi will sober you.


https://www.youtube.com/watch?v=uuYhQ_uL6u0

rvp2018:
Even if your permanently live in this forum - Accra will not get to Nairobi level in your lifetime

https://www.youtube.com/watch?v=dUwBpW8hlCE

so far, you're the one permanently living on this forum and you Nairobi is yet to get to Kumasi level.

So shut up, tame your lying mouth and learn to develop that sh*thole.

You shouldn't be making noise about a 6 million tonnes cement consumption, that is like the level of Ivory Coast.

Balogunodua:
Ye...


We have been hearing that since 2015 and Kenya still not on top cement consumers in Africa

say it again oh

They are barely doing 6 million tonnes

theenchanter:
someone that's not feeling fine.

I once read an article where Kenyan govt ask an American company or so to build a 50+ building in Nairobi and I instantly pardoned their bias toward skyscrapers.

just a North Korea shithole

[s]

Shma:
Almost 15m but not 15m - I guess it's 12m, cos you exaggerate a lot of things. Kenya's middle-income population is 23m - the percentage rate is more or less 45% based on 2017 data.


https://oxfordbusinessgroup.com/analysis/top-shelf-growing-middle-class-encouraging-consumer-goods-producers

[/s] usual nonsense

Balogunodua:
Or Sweden

Balogunodua:
The question is...does skyscraper equals development Or most a city have skyscrapers to become developed.

just imagine someone trying to argue that Nairobi is more developed and beautiful than Sicily because of skyscraper

gallivant:
Go fool Nigerians. You don't have the infrastructure to cater for half the number of tourists we receive.

Dream on in your frustration

Anyway, I love dreamers

gallivant:
Ghana is not a tourism destination. Go confuse Nigerians.

yet Ghana receives more tourist than Kenya and earns more from tourism than Kenya.

Has that sank in now?

[s]

gallivant:
What reports? Tourists stay in hotels, maybe in Ghana they stay in private properties. Ghanaians have no clue what entails tourism or any industry for that matter. Unless it's begging the IMF for handouts!

[/s] seek education so you can comprehend

For your information, Ghana earns more than double what your country earns from tourism.

Shma:
Living better should reflect in QOL and life expectancy. Accra as a yardstick with a rate of 22% quality of living standards vs Nairobi @ 86% should be enough evidence to bring your puny brain back on track.

Also, Ghana has a life expectancy lower than Kenya. If you live better, you should stay longer.

I think we both know that Ghana's quality of life is far above that of Kenya in various reports spanning 30 years.

So what's this joke about again?


The middle class in Ghana is almost 15 million which is 3 times of Kenya's. That explains why properties in Kenya largely remain empty and largely dependent on tourist short stay.

gallivant:


There aren't many prominent Ghanaian banks or companies in Africa to warrant your tantrum.

Except there are too many of them Across Africa.

There aren't many Kenyans doing well in Kenya.

Your country has only 5 million middle class people and everyone else is a hell lot poor.

Get that now?

rvp2018:
You're obtuse as always.
10 yrs ago I believe in top 100 banks in Africa by asset - kenya had one or zero bank in there - Poor Ghana is right there.
Nigeria had all the 18 banks after their forced mergers in Obasanjo regime.
Now as we speak - Kenya has more than 10 banks in Africa top 100.
And Equity has climbed to no 22 - it's only behind 4 Nigeria banks. It should overtake 2 banks in 2yrs
And in less than 5yrs it would have overtaken Zenith and First Bank.
10yrs ago - Equity bank total assets were 2B dollars - now it's grown to 12B dollars!! - 6 times in 10yrs.
KCB, CO-OP, NCBA, DTB, name them climbing each year.
Watch the trend.
So you'll find 5 kenyan banks ahead of all Nigeria banks

Yet Ghanaians are living better life than Kenyans..

So how poor is Kenya again?


Don't smoke wee in the morning

gallivant:
Bootlicker.

Just get an education and you'll find your peers.

vankelvin:
Comprehension Comprehension Comprehension

Read over my comment again lol

you're wasting your time