₦airaland Forum

68816419:
U SHOULD, BUT make Sure u visit not just Nairobi CBD

Dude, Nairobi CBD is not even the best part of Nairobi. Go to Google maps and do a fair comparison between Nairobi and Lagos and you'll see which city has more slums and disorganized places.

68816419:
same pictures but different angle over and over again

You speak as if you've been posting anything different of Lagos. Same pictures different angles all

arinzeejikonye:
Some are,while new ones are been built accross the nation,apart from them more gas turbine plants are been built as we speak,,the problem of existing ones not performing optimally is due to shortage of gas,however the good news is that there are myriads of gas supply pipieline underground,underwarer and undersea networks being constructed,hopefully,before the end of the year or 1st quarter 2018,electricity output should exponentially increase.

As an engineer I can tell you the problem with Nigeria is not generation of electricity but supply. It works just like water - you might have a good source of water but when the supply system is full of leakages, breakdowns, vandalism and other losses the target consumers can never have a stable supply.

gallivant:
[sub][/sub]

You are hilarious.

Absolutely hilarious - and to think the dumb things he's saying have already been said by some Nigerians earlier on this thread and we debunked them severally makes him even more hilarious.

Muafrika2:
The problem with petrodollar economies like your is the GDP include profits of multinationals like shell which are usually exported to the west. It makes you look rich on paper, but the money belongs to George Bush, Rockefellar and other owners of oil multinationals.


That is why the government is still spending less per capita and heavily depends on donors. Our GDP on the other hand is from small and medium sized businesses, including government investments.

I've been telling them that for ages here. Thank you.

Ugosample:
It's on threads like this I see that Africans in general (both Kenyans, Nigerians) and the others are not wise at all.

What good will this dick measuring contest bring

Underdeveloped backward countries always arguing about which country is better , instead of advertising our positive sides, and suggesting how we move our continent forward together.

Shame.

One Kenyan mugu in some pages back was even disparaging pidgin and talking about Swahili as the only.authentic afro language

*sighs*

How different are you? I would rather somebody who's straightforward than that who pretends to be holier than thou yet still partakes of what he's condemning.

MrMaestro:
Wrong again. I don't know why you keep saying it, because it just not true. Vodafone owns 40% of Safaricom.

http://www.4-traders.com/SAFARICOM-LIMITED-6500172/company/

And in terms of its comparison to Glo, the most recent information we have, as you've pointed out, is 2013. Glo has a revenue of
$ 1.178 Billion in 2013, while safaricom has a revenue of $1.428 Billion in 2013. We can speculate, but until hard data is put forth, with SOURCES, these are the numbers. Considering the fact that Glo is 100% Nigerian owned and run by Nigerians, while Safaricom is 60% Kenyan owned and 40% British owned, there really is no comparison here. As kenya only truly owns $857 mill of the revenue.

And yes, ownership matters, because when the British owns 40% of your largest telecoms company, is not really your telecoms company. Its yours as well as the British. Glo has 100% Nigerian OWNERSHIP, and Nigerian operation.

How about you also divide your revenue with your 180 million people and we divide our revenue with our 45 million people if who the revenue goes to matters this much?

MrMaestro:
According to Wikipedia, Vodafone owns 40%, not 35%, after purchasing an additional 5% equity in 2009. But even more interesting is that after digging, I've found that the 60% that is owned by Telkom Kenya, was recently shaken up in terms of its shareholders' percentage. Initially, 51% of Telkom Kenya was owned by France Telecom, with 49% owned by the Kenyan government. But.....

"In January 2013, France Télécom increased its stake in Telkom Kenya to 70% as a consequence of the government's failure to provide its full portion of 2012 funding"

Hold on, it gets even better. France Telecom sold its stake to...

"Subsequent to the agreement to buy, Helios negotiated with the Kenyan government to own 40 percent in the new joint venture, with the investment firm retaining 60 percent.[13] In June 2016, final regulatory approval was received for the deal to proceed"

And now 60% of Telkom Kenya (which owns 60 percent of Safaricom) is now owned by Helios

Who owns Helios you ask? Wait for it......

"Helios Investment Partners was established in 2004 by Babatunde Soyoye and Tope Lawani ". These are both Nigerian guys if their names weren't clear enough.

HAHAHAHAHAHA!!!

So in conclusion, you've come on a Nigerian forum to fight Nigerians touting Safaricom. Come to find out, Nigerians have more claim to your precious Safaricom, than even Kenya does. HA!! And then you have the gall to criticize successful Nigerian entrepreneurship like Adenuga and Dangote as establishment powergrab by remaining private. When public ownership is what lead to Kenya selling its soul to a Nigerian entrepreneur's private company. How ironic. Wow, your shame must be sky high. Nigerians are a powerhouse. let your monumental embarrassment be a lesson.

Oh, and here are the sources, see for yourself.

Safaricom: https://en.wikipedia.org/wiki/Safaricom
Telcom Kenya: https://en.wikipedia.org/wiki/Telkom_Kenya
Helios Inverstments: https://en.wikipedia.org/wiki/Helios_Investment_Partners

Dude, Telecom Kenya DOES NOT OWN Safaricom. Safaricom was made as a subsidiary of Telecom Kenya. Right now Telecom Kenya and Safaricom are two different entities and at the moment Safaricom can buy Telecom Kenya with it's pocket change. When Safaricom was formed as a subsidiary of Telecom Kenya in 1997, the Kenyan government owned 100℅ of Telecom Kenya. France Telecom (now Orange SA) acquired 51℅ of Telecom Kenya (only) in 2007 independently and Telecom Kenya runs their own rival Mobile service provider known as Orange Kenya. ......I told you Vodafone Kenya owns 35℅ of Safaricom. Mobitelea owns 5℅, the Government of Kenya owns 35℅ and the public owns 25℅. Take that to the bank and stop embarrassing yourself anymore. It's hard dealing with people whose only source of info is wikipedia.
Get real information bro.

It's so amusing the extent you guys go to to prove any major company in Africa outside Nigeria is not owned by the natives of that country.

Eastwalk:
Crap you can't even make point from your post it million dollar and not billion Olu317 is right. Myopic

At this point I'm pretty sure I'm responding to someone who's never seen the walls of a classroom. Dude, when somebody says he has $5,700 MILLION what do you understand with that? To you he has millions and not billions because he STATED millions? I just can't. I don't even know whether you're a simpleton, a troll or just stupid. No more responding to you.

MrMaestro:
I don't know if you're just this dense, or if you just don't want to comprehend what most people have already told you. Safaricom isn't a Kenyan company, because it isn't OWNED by a Kenyan. It is a multinational company in kenya. So Safaricom's size is irrelevant. If we're going on size alone and not ownership, then MTN in Nigeria DWARFS Safaricom, but it isn't Nigerian owned. Glo is founded and owned by a Nigerian. And it is hugely successful. If you can't breed individuals to be creators or founders of huge companies, like Mike Adenuga for telecoms, Aliko Dangote in commodities, Tony Elumelu in investments, or others such billionaires, then what are you touting? That other people came into Kenya and got rich? That's nothing to brag about.

Funny how you guys use such foul language yet anyone else does something close to that and you're all over crying.

Safaricom was found by Kenyans. Vodafone bought in shares later. Safaricom was started by Telecom Kenya. Kenyan government and Kenyan shareholders own 65℅ of Safaricom. The remaining 35℅ is owned by Vodafone Kenya which is also partly owned by Kenyans. Thus Safaricom is a brainchild of Kenya that is over 80℅ Kenya owned. You have to be a special kind of thick to compare it with MTN which is a fully SA company found in SA and invested in Nigeria.

......and a company doesn't have to be owned by a single billionaire to be owned by natives. I honestly see nothing to brag about a few individuals bleeding an economy dry to become billionaires while many Nigerians can collectively own companies without being exploited. See, you guys are so proud of those handful billionaires who exploited you to get where they are while in other sane countries that's exactly what people are fighting against - it's called the establishment. It's where a few people connected to the government exploit the rest of the country and become super rich. Here in Kenya people are already questioning how a few super rich individuals connected to the government make lots of money and the consensus is we shouldn't end up like Nigeria while there you foolishly think we envy you.

Shifting goals in an argument is a sign of losing and that's exactly what you guys are doing.

Anyway, you can continue living in your bubble like your fellow idiot Olu up there who thinks Bob Collymore, somebody with a net worth of $1.9 MILLION is the owner of Safaricom, a company whose worth is approaching $10 BILLION.

Eastwalk:
I do know glo has more subscribers than safaricom. Instead of throwing insults to a more exposed fella. And fabricating lies. Please make your claim substantial glo is in 6th position of the networks with highest subscribers when your safaricom is 9th position. www.africantelecomnews.com/Operators/Regulators/List_of_101_Top_African_mobile_operators.html


The owner of glo rank second as the richest men in tech in Africa, the owner of safaricom does not even rank top 10 when two shareholders in MTN Nigeria and the chairman of airtel ranks. www.itnewsafrica.com/2015/10/africas-top-10-richest-in-tech/



SAFARICOM REVENUE ======$1,428

Stop lying

Now who did I insult and what are my insults?

Dude, you're not exposed. You simply googled 'Safaricom revenues' and took the figure that popped up. You didn't even look at the year yet it's clearly indicated there. That's not how exposed people reason. The figure you posted is of 2013. Safaricom has grown very fast since 2013. remember in 2013 it was the 47th biggest company in Africa, a year later in 2014 it rised to number 27. See, in December 2014 Safcom was worth $5.7 billion, just three months later in March 2015 it had rised to $6.3 billion. I don't have it's full data for 2016 but they released their revenue data to the public and it was $2.1 billion.

You don't make it even better when you embarrass yourself but speaking like you don't even understand what's being discussed. We are not talking about owners or richest men in Africa. We are talking about Glo and Safaricom where your friend claimed Kenya has no telecoms country with over $2 billion assets and liability and I showed him the data above where in 2014 Safaricom was worth $5.7 billion and rising fast while Glo wasn't even in the top 50 African biggest companies.

You've gone ahead and posted a useless ranking from a random blog that claims to rank the best Mobile network operators based on the subscribers opinion (lol, as if the blogger talked to all subscribers). What has that got to do with this? Even if your data was correct don't you realize in an opinion ranking the biggest company can rank at the bottom while the smallest can rank at the top? And you call yourself exposed?
And why are you even posting Mike Adenuga's photo? Glo is owned by an individual. Safaricom is owned by the government and several other Kenyan and non Kenyan shareholders. Mike Adenuga being rich doesn't make Glo bigger than Safaricom. So sad for a self proclaimed exposed fellow. Just like with your friend Olu above, I almost lost IQ points responding to you.
Please give me a break.

Olu317:
From South America I meant and not South Africa. I was specifically referring to the continent he came from.That was typo error despite that you still need to go to school to study. Do you know why?

Is the CEO of a Company Always the Majority Shareholder?
In any business, a chief executive officer is pilot of the ship, the individual who makes the final strategic decisions about products, markets, budgets and personnel. On the CEO's shoulders weighs the responsibility of setting out goals and establishing a culture that inspires employees. Traditional corporate structure begins with a CEO at the top of the chart -- but majority shareholder may be another individual, investor group or corporate parent.

Majority Shareholders and Company Size
A chief executive may be the majority shareholder in the company, but in a public corporation of any size, normally is not. Large companies have market capitalizations (total share value) in the hundreds of billions. Their investors may include large institutions, mutual funds, pension funds, hedge funds and banks, all of which have sufficient financial resources to hold big blocks of shares. The smaller the company, the more likely that the CEO will be the majority shareholder or -- in many cases --the only one

Stock Options and Insider Holdings
This does not mean CEOs don't hold large blocks of shares. CEOs and directors of many small companies earn stock options as part (or all) of their compensation. Outside investors consider a significant investment in the company a sign of good faith; federal law requires disclosure of these "insider" holdings in a market-listed company. When a CEO or other officer buys or sells stock, that activity is reported to the Securities and Exchange Commission on a 10-Q form and available to the public through the SEC's Edgar database.
Majority Shares and Influence
If a small-company CEO is not the majority shareholder, she may need to consider carefully the outlook of the individual, or group, that does hold that position. Although some investors are relatively passive, others take an active role, and the majority shareholder often can swing important votes, such as an election of officers or the decision on whether or not to merge with another company. If a majority shareholder feels the CEO is not meeting the requirements of the job, he can also request (or demand) the CEO's resignation or force a vote on the matter

Closely Held Companies
In smaller companies and start-ups, a chief executive officer often is the individual who founded the business and who remains the principal shareholder. Corporate structure and executive positions are not defined by stock holdings, but in cases where a CEO also happens to be a majority shareholder, the company is "closely held" and less subject to shareholder votes and demands. This is the reason many closely held companies resist going public, even after many years of success. For example, Mark Zuckerberg, founder and CEO of Facebook, resisted a public offering of shares for many years before accepting the need to take the business public.

Apart from the 35% owned by Kenya's government , the rest are Vodafone 40% while 25% to the public(free float). Do you have knowledge at all on stocks? or Pooling in Economics? you have to be lettered engage me. Mention one Kenya, j said or forget it.. Sleep on it

Thank you captain obvious.
What a load of crap. Not even related to what I said or your earlier assertions. Like I said, you're incurable. Continue living in your bubble.

Olu317:
You are a big liar. Is safaricom solely own by Guyana guy who even isn't a Kenyan? But immigrant, Or is he not? 40% of safaricom belong to which company? kindly write it out. I asked you to mention a Kenyan and not a South African who just dabble into Kenya in a nearly monotonous Telecom sector where people had no advanced knowledge telephony.Why is your safaricom or gafariom or whatever name it being called and be named as the most innovative and technologically advanced Telecom Company in Africa in the recent survey?.Kenya remind me of old Nigeria when NITEL was the only Telecom company yet her service was poor. Let liberation gain access to that your economy and all safaricom 19million+ subscribers will be reduced drastically. Here you are gallivanting over a foreigner's asset who isn't among the top three richest men in Africa. Let Kenyans go and work harder to achieve being a proud indigenous self Telecom giant like a enigmatic and visionary Chief Mike Adenuga who saw beyond his time.

What are you even talking about? Bob Collymore has no shares in Safaricom......and what South African are you talking about? Which foreigners are you talking about that apparently own Safaricom assets? Dude, you're sick......and who's this madman who voted an imaginary Nigerian company as the best technologically? And why is the imaginary company not in the top 50 largest companies on the continent? This dude is sick.

Olu317:
You simply didn't answer the question. Should I rephrase it or what? Give me one name of a Telecom in Kenya. Don't refer me to South Africa but in KENYA whose asset and liability is worth 2billion$. Then you and I can begin from there.
Little do you know that every country do have it fair share when it comes economy crisis. And Nigeria can't be fault free. Despite all these herculean challenges, she still thrive in the midst of Africa Nation. Lagos state is adjudged as one the largest economy in Africa. What does it imply?, Mentioning Headquarters of world organisations situated in Nairobi,as far as am concern is because of the location and has nothing to do with your GDP. The acclaim 6% is just a paper work to woo the western investors to come your country that isnt viable if compared with Nigeria.

Your boisterous attitude is incurable. It's stupid to boast when you know nothing though. Safaricom has a revenue of over $2 billion. It is a way bigger company that your much hyped Glo. Please, get informed about the rest of the continent and stop living in your bubble. Below is a list of top 50 largest African companies. Safaricom is number 26 at $5.7 billion in 2014 (up from number 47 the previous year - you can guess where it is now) and no Nigerian telecommunications company features.

naijalander:
I've been to Kigali a couple of times and I stil don't get the hype. Totally overrated. Don't see what they have that Nigeria doesn't have.

They're clean. What does Nigeria have that Kigali doesn't? The problem with some of you guys is - any statistics about an African country that's positive is an overate unless it's about Nigeria. Interestingly you'll force yourself to believe negative statistics from the same countries no matter how absurd they are - like how some of you here are adamant that Kibera has 2.5 million people. lol

darfay:
I swear to GOD I don't care about Kenya

Nobody cares about what you care about mister.

Ugosample:
And why can't you compare Swahili with the two?

Swahili probably at some point was a corrupted language too, but none of you are old enough to know...

Just as you can say English is "corrupted French" because 60-65% of English words have French origins (Due to the fact that the French colonised them 1000 years ago)

Or how say Spanish is a "corrupted" language because of its foundation in Latin.

Swahili provably has such history too

English may have borrowed several words from French (though definitely nowhere close to the 65℅ that you claim) but the language structure is a distinct language. Pidgin on the other hand is simply English with the English language structure but having vocabulary from your local languages. Even here in Kenya our English doesn't sound exactly like the British English. I can say we have our own kind of pidgin but I can't claim that pidgin as our African language.

Now, thank you guys for all the fun we've had so far. Would you mind then checking out my blog and leaving a few comments if you can?

www.solacecity.com

ianSweet:
Yemi Alade and Sauti sol sang together in both pidgin and swahili (representing both cultures).
However, Akothee is a Kenyan lady not known by most Nigerians but she sang in Nigerian pidgin. I think it's just her strategy to capture the Nigerian audience.
It's a nice song tho and i like it.

There's another song (nasema asante) that Yemi sang alone in Swahili. You're clearly trying too hard.

darfay:
@iblawi,iansweet and co don't mind all this kanyans, I think they actually admire we Nigerians. I wonder what I will be doing on a Kenyan forum when I neither stay there or even plan on going there
So the other day I decided to check out what Kenyan music looks and a Kenyan: Akothee in her song titled benefactor sang in very fluent Nigerian pidgin English and the so called song is a top ten song over there
@whoever I am quoting I have read countless articles of how Kenyans are becoming more interested in pidgin English. I wonder why you are telling lies here. Nigerian influence is massive in Africa ( kenya inclusive) due to our movies, music, political strengths and co. you must be one self hating Kenyan to deny this facts, I wonder why you guys hate Nigerians way e no even send una one bit. the best we Nigerians know about Kenya is that it's a country in Africa (honestly speaking)

@pazienza your life must really suck and the way you dey hawk Igbo matters for head like bread is really worrisome, you go around nairaland portraying igbos in bad light when igbos are from this in reality smh

The best you know about Kenya is that it's a country in Africa yet you want to be the voice that tells everyone on this forum the truth about Kenya? SMH

PissedYagami:
My bad, they are all complete. did some research. But Millennium Tower is not a skyscraper. But it is the tallest structure. When it comes to ranking of the tallest buildings it wont feature. The tallest building in Nigeria is Necom house 160m

Lorenzo house is not complete.

iblawi:
I & M tower is 99.1 meters,

Le'mac tower is 98 meters

Sheheena Marina Apartments 90 meters and it has 22 floors.

Now my own list.
1 Millennium Tower 170m
2 Necom house 160m
3 Eko white pearl tower 135
4 Union Bank building 124
5 Wtc tower 120
6 Eko black pearl tower 113
7 Wtc tower 2 110
8 Ministry of communication 109
9 The Lorenzo Tower 108
10 Cocoa house 105
11 Intercontinental 105
12 Independence 103
13 CBN 100
14 Eko tower 2 110m

Am still updating the list

I&M is 100m, Sheheena was modified during construction to 100m and LéMac is 126m (Also modified during construction when the dome that wasn't in the initial design was added to it).

Meanwhile, you're including proposed towers and towers that are not yet topped out.

1. Eko tower 2 - not yet topped out
2. Lorenzo tower - proposed

highheybee:
Necom house 160m
Eko white pearl tower 135
Union Bank building 124
Wtc tower 120
Eko black pearl tower 113
Wtc tower 2 110
Ministry of communication 109
Cocoa house 105
Intercontinental 105
Independence 103
CBN 100

Despite including two incomplete towers, Kenya's still ahead of Nigeria contrary to Iblawi's claim.

iblawi:
When it comes Skyscrapers above 100m, South Africa takes the lead with 49 skyscrapers, Egypt comes second and Nigeria third. This is base on what is on ground already.

The fact that you think Kenya has only 14 buildings over 80m tells how misguided you are on this height stuff.

I know SA is number one, Egypt number 2 Kenya number 3. I'll list you topped out structures in Kenya with over 100m height and you list me the same in Nigeria.

1. Britam Tower 200m
2. UAP Tower 163m
3. Times Tower 140m
4. Prism Tower 134m
5. LéMac Tower
6. Teleposta Tower 120m
7. KICC 105m
8. MUPS Tower 104m
9. NSSF building 103m
10. I&M building 100m
11. KCB Tower 100m
12. Sheheena Marina Apartments 100m

Now you list Nigeria's towers (complete or topped out) over 100m before you make your ridiculous claims.

obaaderemi:
Defend your grammatical blunder first.'queens language' indeed.but i want us to forget all that,seriously.can you help me with this;what does 'kiungulia' mean?i read it somewhere i can't remember.

I like the fact that the only grammatical error you can find in my posts is a simple lack of apostrophe. Meanwhile it's interesting how you consistently type lower case 'i' as a complete word.

Kiungulia is heartburn in Swahili.

naijalander:
Can I just say that you do have colonial mentality. So because he can't speak English he's not intelligent? Why am I even arguing with you.

It's people with colonial mentality who are overly sensitive about race. If you think having good English skills is colonial mentality then why are you even typing in English? Why is English the language of instruction in your academic institutions? I wouldn't say a Senegalese who can't type good English is stupid or uneducated because English is not their language of instruction. The first step in getting knowledge is understanding the language that's the medium of relaying the knowledge - if somebody comes from a country that uses English as the medium yet has poor English comprehension then it simply means he failed the first and most basic test - he's stupid unless he's uneducated. (Yes, you can be uneducated and smart)

naijalander:
No and English is not my first language and for that reason my inability to comprehend some exceptional reasons should be excused.

If I was thought things like physics in Yoruba, I think I'd be more inventive. This is one of the fundamental stuff Africans miss in general.

I'm not talking of anything exceptional - the guy you're defending is unable to construct simple English sentences coherently. He's either uneducated or Nigeria's education system and education institutions are shitty. You went to college in Kenya and your grammar is good.

Kenyanstar:
Bro, your grammar isn't something to write home about either.... This sentence is a perfect example of your tottering in the use of the language.


Its supposed to be, If you read what he posted and what you quoted.... that is in reference to one party which is obsolete in your sentence.


You use "a" when referring to nouns that can be classified in plural or singular form

You're wasting your time brother. His grammar is too poor to correct. It is easier to correct someone who makes a few grammatical errors but impossible to correct anyone whose whole writing is a plethora of shitty grammar.

naijalander:
Oga I know a lot of smart dudes who can cook up complex mathematical equations in seconds but flunked English in school. Read my previous post, the Chinese guy doesn't have to learn a language foreign to him so it's easier for him to advance but in Africa when you go to school., you first have to learn the language of instruction, then learn what you came to learn, that is where the issue is because if you are not some one with a natural grasp of language, how do you cope with speaking it?

The Chinese doesn't have to learn English because their universities teach in Chinese. Do Nigerian universities teach in Yoruba?

obaaderemi:
Coming from the same guy whose grammatical error i corrected and who could put nothing up in his own defense. Mr 'Queens language'.kenyans and poor English grammar are like jacob zuma's two index fingers.Hahahahaha.

You're embarrassing yourself.

naijalander:
No it's not! Some people are just not good at learning languages especially when it's foreign to them. Most countries excel in education because their students learn in their home languages, it's in Africa where you speak your trad language at home and in school they teach you in a foreign language, this is one of the reasons Africa lags behind in education.


Also I have met a lot of highly technically capable guys who cannot construct a simple sentence in English. Dude can build you a car but doesn't speak English, does that make him any less intelligent? No.

Right there is the colonial mentality you Kenyans carry around.

You don't understand do you? A Chinese can build a car but not be able to construct an English sentence because the Chinese was taught to build the car in Chinese. However, the same Chinese will be very fluent in Chinese (Mandarin) the language through which he was instructed. The only reason the Chinese guy can't speak proper English is he was NEVER taught English in school to begin with. If a Nigerian is to build a car, he was obviously taught how to build the car in English - if the Nigerian can neither type or comprehend proper English grammar, how would you expect him to learn how to build a car? If the Nigerian couldn't learn simple grammar how do you expect him to learn more complex differential equations, distribution of forces, combustion equations etc? That's like expecting someone who can't comprehend simple arithmetics to understand and solve complex Euler equations for instance.

naijalander:
I think the English language a tool of expression not a measure on intellect.

Also keep your Kenyan disrespect for women out of this forum. No need to call a woman a b#tch cos she's beating you at argument.

When you can't express yourself in a language that's the main language of instruction in all your academic institutions and your national language then that's stupidity.