₦airaland Forum

Vlain:
Lol

Retail occupancy is low already

Who will fill those spaces? Nakumatt?

Shackman first rebuild the malls you burnt and looted to the ground. You looted 3000 stores and destroyed 100 malls. Stop hallucinating about growth. Focus on trying to maintain your middle class status - as it look likely you're soon going to be another failed state.

[img]https://image-prod.iol.co.za/resize/610x61000/?source=https://xlibris.public.prod.oc.inl.infomaker.io:8443/opencontent/objects/dbb7714a-98b4-5339-9263-a9add8d153d6&operation=CROP&offset=0x0&resize=693x451[/img]

It has been calculated that so far about 800 stores were looted and 100 malls were either burnt down or suffered significant fire damage and a number of distribution centres, particularly in Durban, KwaZulu Natal, were looted with serious structural destruction.

Meanwhile, the eThekwini Economic Development and Planning Committee says about R1.5 bn has been lost in stock, a R15 bn loss to property, over 50 000 informal traders have lost their livelihoods, approximately 1.5 million people have lost their potential to earn an income and there are some 150 000 jobs at risk.

The overall result of the devastation is that there has been an estimated loss to the eThekwini GDP of upwards of R20 bn.



“Rebuilding may take two years depending on the extent and size of the centre. Some landlords may however decide to not rebuild as the risk is too high for future incidents.”

And the further tragedy is that owners have no measures left with which to protect their properties.

AfriqueDuZuid:
So in your mind kenya is the only country with retail scope?

So in your mind the rest of the world is waiting and standing while kenya is expanding?

By the way i hear of your scope,,, but your retail occupation is one of lowest in africa

Just one retail company suffered 29 billon euros -

Intention to cause maximum damage'
Exemplar REITail Limited owns about 20 shopping malls across South Africa. The company's CEO, Jason McCormick, admitted that the rebuilding process will not be child's play.

"Somewhere close to €29 billion worth of damage," McCormick told DW. "We haven't finalized the details yet. The surveyors and engineers are still finalizing their reports, but it's certainly not a couple of tens of millions. It's significant.

"There was no doubt that this was sustained. This was planned. There was an intention to cause maximum damage. They disabled our fire prevention systems in the malls. They attacked them so that we couldn't put out the fires," he added.

rvp2018:
Shackman first rebuild the malls you burnt and looted to the ground. You looted 3000 stores and destroyed 100 malls. Stop hallucinating about growth. Focus on trying to maintain your middle class status - as it look likely you're soon going to be another failed state.

[img]https://image-prod.iol.co.za/resize/610x61000/?source=https://xlibris.public.prod.oc.inl.infomaker.io:8443/opencontent/objects/dbb7714a-98b4-5339-9263-a9add8d153d6&operation=CROP&offset=0x0&resize=693x451[/img]

It has been calculated that so far about 800 stores were looted and 100 malls were either burnt down or suffered significant fire damage and a number of distribution centres, particularly in Durban, KwaZulu Natal, were looted with serious structural destruction.

Meanwhile, the eThekwini Economic Development and Planning Committee says about R1.5 bn has been lost in stock, a R15 bn loss to property, over 50 000 informal traders have lost their livelihoods, approximately 1.5 million people have lost their potential to earn an income and there are some 150 000 jobs at risk.

The overall result of the devastation is that there has been an estimated loss to the eThekwini GDP of upwards of R20 bn.



“Rebuilding may take two years depending on the extent and size of the centre. Some landlords may however decide to not rebuild as the risk is too high for future incidents.”

And the further tragedy is that owners have no measures left with which to protect their properties.

That has already begun deciding not to rebuild is not the problem they will build another one in another location, don't worry insurance has already paid

This year alone we've seen 5 new malls/shopping center in our area, with 2 more under construction

Potential to earn rebuilding will create more jobs, again no person will lose jobs when rebuilding they will be paid or moved to a near by stores as demand there is higher

Those that were just looted are operating as we speak, those few that burned are being rebuild.

Toyota is adding billions to KZN ECONOMY, LG is expanding again

rvp2018:
Just one retail company suffered 29 billon euros -

Intention to cause maximum damage'
Exemplar REITail Limited owns about 20 shopping malls across South Africa. The company's CEO, Jason McCormick, admitted that the rebuilding process will not be child's play.

"Somewhere close to €29 billion worth of damage," McCormick told DW. "We haven't finalized the details yet. The surveyors and engineers are still finalizing their reports, but it's certainly not a couple of tens of millions. It's significant.

"There was no doubt that this was sustained. This was planned. There was an intention to cause maximum damage. They disabled our fire prevention systems in the malls. They attacked them so that we couldn't put out the fires," he added.

No retailer lost €29 billion

Like i already told you insurance will pay up ,

Lol you still wallowing on lootings, life went on long ago

Empty words. Provide at least a link. Or some evidence

AfriqueDuZuid:
That has already begun deciding not to rebuild is not the problem they will build another one in another location, don't worry insurance has already paid

This year alone we've seen 5 new malls/shopping center in our area, with 2 more under construction

Potential to earn rebuilding will create more jobs, again no person will lose jobs when rebuilding they will be paid or moved to a near by stores as demand there is higher

Those that were just looted are operating as we speak, those few that burned are being rebuild.

Toyota is adding billions to KZN ECONOMY, LG is expanding again

So the Retail Owner is Lying and you - a looter - is telling the truth.

AfriqueDuZuid:
No retailer lost €29 billion

Like i already told you insurance will pay up ,

Lol you still wallowing on lootings, life went on long ago

Mkenya2019:
So the Retail Owner is Lying and you - a looter - is telling the truth.

Who is that retail owner?

Exemplar REITail Limited owns about 20 shopping malls across South Africa. The company's CEO, Jason McCormick, admitted that the rebuilding process will not be child's play.

AfriqueDuZuid:
Who is that retail owner?

Shma2020:
Expressway is being funded through PPP, no loan has been taken to fund it.

Point number 2, there is nothing like red line project, it is a nonexistent project.

Point number 3, your blue line project started in 2011 - 10yrs ago. Click this link and enlighten yourself.

https://www.skyscrapercity.com/threads/lagos-urban-rail-blue-line-under-construction.1544028/

The red line is quite literally under construction right now as we speak go onto skyscrapercity and look properly literally search it and read the news I know someone who is working on financing the project it is very real whether you like it or not

Lots of infrastructure work in Mombasa city - gov has invested 36 billion dollars (Sh3.6 trillion at the Coast since 2013.)


https://www.the-star.co.ke/counties/coast/2021-08-12-uhuru-camps-at-coast-to-fast-track-legacy-projects/
The projects earmarked for completion before Uhuru’s exit from State House in August next year are; the Sh4.5 billion Makupa bridge, Sh16 billion three-decker Changamwe inter-change and dual road network to Kwa Jomvu and Sh19 billion dual road from Kwa Jomvu to Mariakani.

Others are the Sh40 billion new Kipevu Oil Terminal at the Port of Mombasa and phase II of the second container terminal at the Port of Mombasa, which has an additional capacity of 450,000 containers.

So far, the President has launched Phase I of the Dondo Kundu bypass which cost Sh11 billion and the Sh1.9 billion Likoni floating bridge.

On May 20, he commissioned the first berth of the Sh40 billion Lamu Port.

Other mega projects for Mombasa are the Dongo Kundu Special Economic Zone, dualing of the Mombasa-Malindi highway and the Sh85 billion permanent bridge across the Likoni crossing channel.

The 1.4km Mombasa Gateway Bridge, will connect Mombasa Island with South Coast, substituting the 84-year-old ferry service that suffers perennial breakdowns delaying traffic flow to and from Mombasa.

The interchange is meant to address the congestion that was being experienced at Changamwe roundabout as trucks heading to the port of Mombasa to pick cargo sometimes block those going to Moi International Airport to catch a flight.

“This will be one of the modern interchanges in Africa and is due for completion on October 21. This project will make Mombasa beautiful,” the CS said.

On phase II of the Dongo Kundu bypass, Macharia said a Japanese consortium, Fujita Corporation-Mitsubishi Corporation, is working to complete the project on time.

The project is now 33 per cent done.

The Sh25 billion project will include an 8.96km dual carriageway, construction of an interchange at the Likoni-Lunga Lunga highway and two bridges; a 660-metre long one at Mwache and another at Mteza straddling 1,440 metres.

“This will be the longest bridge in the country,” Macharia said.

Phase III of the project, which will connect the Mteza Bridge to South Coast road in Kibundani area, is 85 per cent complete.

Macharia said Phase I of the Dongo Kundu bypass, which was commissioned in May 2018, has proven to be a game changer.

“Once this project is completed, people coming from Nairobi, will not need to use the Likoni crossing channel to get to the South Coast,” he said.

Currently, crossing from Mombasa to Kwale might take a motorist about three hours depending on the traffic snarl up at the Likoni ferry crossing channel.

“After the completion of this road, it will take you an average of 30 minutes to drive from Mombasa town to the South Coast,” Macharia said.

The Dongo Kundu project is connected to the Miritini Standard Gauge Railway terminus and the Moi International Airport.

The CS said to also address the challenge of traffic snarl up at Kibarani in Makupa causeway, the government is committed to complete the bridge within the next 10 months.

He said currently, Mombasa is not a true Island because the Makupa causeway has blocked water from flowing around the Island.

“After the completion of the bridge, we will demolish the causeway to allow water to move around. We will now reaffirm the status of Mombasa as a true Island,” he said.

Vlain:
Doesn’t seems that way from where I am standing

You have 4 times our population but you're still struggling to compete us.

I will repeat, quality will always win over quantity, post your 5 biggest mall and I will do the same, or even ten if you can. Let's see the zoo. I hope you apply the same audacity you used to post Abuja resorts

I am not sure where UNCTAD normally get it's data from (always looked suspiciously low for kenya) - but Kenya gov claims 10B dollars FDI inflow in 2019 alone.

Shma2020:
You have 4 times our population but you're still struggling to compete us.

I will repeat, quality will always win over quantity, post your 5 biggest mall and I will do the same, or even ten if you can. Let's see the zoo. I hope you apply the same audacity you used to post Abuja resorts

What exactly do u what to argue about.the fact that u guys kept lying consistently that u had the second highest mall in SSA or the fact that u y’all lied to have a booming formal retail sector when that isn’t the case .so which is it.

Go talk quality with Uganda else your zoo should be struggling to compete with kaduna.

Mkenya2019:
I am not sure where UNCTAD normally get it's data from (always looked suspiciously low for kenya) - but Kenya gov claims 10B dollars FDI inflow in 2019 alone.

Lol

Vlain:
Doesn’t seems that way from where I am standing

These guys are empty barrels, they make the loudest noise

Mkenya2019:
Lots of infrastructure work in Mombasa city - gov has invested 36 billion dollars (Sh3.6 trillion at the Coast since 2013.)


https://www.the-star.co.ke/counties/coast/2021-08-12-uhuru-camps-at-coast-to-fast-track-legacy-projects/
The projects earmarked for completion before Uhuru’s exit from State House in August next year are; the Sh4.5 billion Makupa bridge, Sh16 billion three-decker Changamwe inter-change and dual road network to Kwa Jomvu and Sh19 billion dual road from Kwa Jomvu to Mariakani.

Others are the Sh40 billion new Kipevu Oil Terminal at the Port of Mombasa and phase II of the second container terminal at the Port of Mombasa, which has an additional capacity of 450,000 containers.

So far, the President has launched Phase I of the Dondo Kundu bypass which cost Sh11 billion and the Sh1.9 billion Likoni floating bridge.

On May 20, he commissioned the first berth of the Sh40 billion Lamu Port.

Other mega projects for Mombasa are the Dongo Kundu Special Economic Zone, dualing of the Mombasa-Malindi highway and the Sh85 billion permanent bridge across the Likoni crossing channel.

The 1.4km Mombasa Gateway Bridge, will connect Mombasa Island with South Coast, substituting the 84-year-old ferry service that suffers perennial breakdowns delaying traffic flow to and from Mombasa.

The interchange is meant to address the congestion that was being experienced at Changamwe roundabout as trucks heading to the port of Mombasa to pick cargo sometimes block those going to Moi International Airport to catch a flight.

“This will be one of the modern interchanges in Africa and is due for completion on October 21. This project will make Mombasa beautiful,” the CS said.

On phase II of the Dongo Kundu bypass, Macharia said a Japanese consortium, Fujita Corporation-Mitsubishi Corporation, is working to complete the project on time.

The project is now 33 per cent done.

The Sh25 billion project will include an 8.96km dual carriageway, construction of an interchange at the Likoni-Lunga Lunga highway and two bridges; a 660-metre long one at Mwache and another at Mteza straddling 1,440 metres.

“This will be the longest bridge in the country,” Macharia said.

Phase III of the project, which will connect the Mteza Bridge to South Coast road in Kibundani area, is 85 per cent complete.

Macharia said Phase I of the Dongo Kundu bypass, which was commissioned in May 2018, has proven to be a game changer.

“Once this project is completed, people coming from Nairobi, will not need to use the Likoni crossing channel to get to the South Coast,” he said.

Currently, crossing from Mombasa to Kwale might take a motorist about three hours depending on the traffic snarl up at the Likoni ferry crossing channel.

“After the completion of this road, it will take you an average of 30 minutes to drive from Mombasa town to the South Coast,” Macharia said.

The Dongo Kundu project is connected to the Miritini Standard Gauge Railway terminus and the Moi International Airport.

The CS said to also address the challenge of traffic snarl up at Kibarani in Makupa causeway, the government is committed to complete the bridge within the next 10 months.

He said currently, Mombasa is not a true Island because the Makupa causeway has blocked water from flowing around the Island.

“After the completion of the bridge, we will demolish the causeway to allow water to move around. We will now reaffirm the status of Mombasa as a true Island,” he said.

$36B ? And nothing to show for , you could use that money to Develop mombslum into a world-class city, indeed, u guys are cursed

Mkenya2019:
Lots of infrastructure work in Mombasa city - gov has invested 36 billion dollars (Sh3.6 trillion at the Coast since 2013.)


https://www.the-star.co.ke/counties/coast/2021-08-12-uhuru-camps-at-coast-to-fast-track-legacy-projects/
The projects earmarked for completion before Uhuru’s exit from State House in August next year are; the Sh4.5 billion Makupa bridge, Sh16 billion three-decker Changamwe inter-change and dual road network to Kwa Jomvu and Sh19 billion dual road from Kwa Jomvu to Mariakani.

Others are the Sh40 billion new Kipevu Oil Terminal at the Port of Mombasa and phase II of the second container terminal at the Port of Mombasa, which has an additional capacity of 450,000 containers.

So far, the President has launched Phase I of the Dondo Kundu bypass which cost Sh11 billion and the Sh1.9 billion Likoni floating bridge.

On May 20, he commissioned the first berth of the Sh40 billion Lamu Port.

Other mega projects for Mombasa are the Dongo Kundu Special Economic Zone, dualing of the Mombasa-Malindi highway and the Sh85 billion permanent bridge across the Likoni crossing channel.

The 1.4km Mombasa Gateway Bridge, will connect Mombasa Island with South Coast, substituting the 84-year-old ferry service that suffers perennial breakdowns delaying traffic flow to and from Mombasa.

The interchange is meant to address the congestion that was being experienced at Changamwe roundabout as trucks heading to the port of Mombasa to pick cargo sometimes block those going to Moi International Airport to catch a flight.

“This will be one of the modern interchanges in Africa and is due for completion on October 21. This project will make Mombasa beautiful,” the CS said.

On phase II of the Dongo Kundu bypass, Macharia said a Japanese consortium, Fujita Corporation-Mitsubishi Corporation, is working to complete the project on time.

The project is now 33 per cent done.

The Sh25 billion project will include an 8.96km dual carriageway, construction of an interchange at the Likoni-Lunga Lunga highway and two bridges; a 660-metre long one at Mwache and another at Mteza straddling 1,440 metres.

“This will be the longest bridge in the country,” Macharia said.

Phase III of the project, which will connect the Mteza Bridge to South Coast road in Kibundani area, is 85 per cent complete.

Macharia said Phase I of the Dongo Kundu bypass, which was commissioned in May 2018, has proven to be a game changer.

“Once this project is completed, people coming from Nairobi, will not need to use the Likoni crossing channel to get to the South Coast,” he said.

Currently, crossing from Mombasa to Kwale might take a motorist about three hours depending on the traffic snarl up at the Likoni ferry crossing channel.

“After the completion of this road, it will take you an average of 30 minutes to drive from Mombasa town to the South Coast,” Macharia said.

The Dongo Kundu project is connected to the Miritini Standard Gauge Railway terminus and the Moi International Airport.

The CS said to also address the challenge of traffic snarl up at Kibarani in Makupa causeway, the government is committed to complete the bridge within the next 10 months.

He said currently, Mombasa is not a true Island because the Makupa causeway has blocked water from flowing around the Island.

“After the completion of the bridge, we will demolish the causeway to allow water to move around. We will now reaffirm the status of Mombasa as a true Island,” he said.

So where is the $36bn in Mombasa.when u drive round Mombasa doesn’t it seems to u like $100 m has even been spent in infrastructure.

AfriqueDuZuid:
Retail occupancy is low already

Who will fill those spaces? Nakumatt?

No one. Expect more empty nakumatt.

rvp2018:
Shackman first rebuild the malls you burnt and looted to the ground. You looted 3000 stores and destroyed 100 malls. Stop hallucinating about growth. Focus on trying to maintain your middle class status - as it look likely you're soon going to be another failed state.

[img]https://image-prod.iol.co.za/resize/610x61000/?source=https://xlibris.public.prod.oc.inl.infomaker.io:8443/opencontent/objects/dbb7714a-98b4-5339-9263-a9add8d153d6&operation=CROP&offset=0x0&resize=693x451[/img]

It has been calculated that so far about 800 stores were looted and 100 malls were either burnt down or suffered significant fire damage and a number of distribution centres, particularly in Durban, KwaZulu Natal, were looted with serious structural destruction.

Meanwhile, the eThekwini Economic Development and Planning Committee says about R1.5 bn has been lost in stock, a R15 bn loss to property, over 50 000 informal traders have lost their livelihoods, approximately 1.5 million people have lost their potential to earn an income and there are some 150 000 jobs at risk.

The overall result of the devastation is that there has been an estimated loss to the eThekwini GDP of upwards of R20 bn.



“Rebuilding may take two years depending on the extent and size of the centre. Some landlords may however decide to not rebuild as the risk is too high for future incidents.”

And the further tragedy is that owners have no measures left with which to protect their properties.

Your link said 800 stores but u pulled 3000 stores from ur ass.

Mkenya2019:
Empty words. Provide at least a link. Or some evidence

U provide ur link but influenced ur figure so what ur point.

The link also talks about 3000 stores looted by the Shackman - there an image I attached.

Vlain:
Your link said 800 stores but u pulled 3000 stores from ur ass.

You cannot see SGR? You cannot see Mombasa port expansion - now handling more than Lagos two ports combined? You cannot see Lamu Deep Sea Port - with 3 berts completed? The inner roads, the by-passes?

Maybe you're a blind?

The mombasa roads are under massive construction - especially in the mainland - so wait for a little longer - a year - you will see serious roads, interchanges and bridges in Mombasa.

Vlain:
So where is the $36bn in Mombasa.when u drive round Mombasa doesn’t it seems to u like $100 m has even been spent in infrastructure.

Student hostel construction in kenya - by Accorn and others.

Beds available across the country are approximately 280,000 against the total number of university students of about 600,000, according to Acorn.

Student housing deficit - represent 40 percent of the housing deficit. 300,000 bed unit capacity annually and growing.

May such hostels are coming up - some nearly 20 floors tall

Qwetu - is one of leading private sector hostel providers - with 5 residences in various parts of Nairobi and more under constructions
https://qwetu.co.ke/

Typical students rooms - in private hostels

rvp20182:
The link also talks about 3000 stores looted by the Shackman - there an image I attached.

It’s 800 stores I saw

Read again; there is a infographic there; showing the extensive damage the Shackman did on their retail sector; even worse on informal retail

Vlain:
It’s 800 stores I saw

rvp20182:
You cannot see SGR? You cannot see Mombasa port expansion - now handling more than Lagos two ports combined? You cannot see Lamu Deep Sea Port - with 3 berts completed? The inner roads, the by-passes?

Maybe you're a blind?

The mombasa roads are under massive construction - especially in the mainland - so wait for a little longer - a year - you will see serious roads, interchanges and bridges in Mombasa.

Forget it Mombasa has no road or infrastructure.a drive through that slum and u will be surprised.
Nairobi-Mombasa rail is a federal infrastructure linking both cities.
Lamu is an abandoned wet pipe dream that is not feasible. Mainland is trash.,no road,no sewage just slum and dilapidated building.

Who cursed u guys

Mkenya2019:
Exemplar REITail Limited owns about 20 shopping malls across South Africa. The company's CEO, Jason McCormick, admitted that the rebuilding process will not be child's play.

Exemplar REITail Limited? They don't even own good malls

Only 6 of their 20 was affected enyire 14 its normal, how do they lose €23bilion when their entire malls are not worth that amount?

Kenya - Private Hostel Sector - just starting from scratch - I think South Africa have like 150,000 private hostel beds


https://www.youtube.com/watch?v=2NbYxisnac4&t=2s

rvp20182:
Typical students rooms - in private hostels

Lol u don’t want me to show u what ur students hostel look like in Nairobi uni