This is insane- I am speechless.Africa needs to stop this madness.

https://www.youtube.com/watch?v=bGY0kCLrqIE

68816419:
From a reliable source
GTB kenya To aquire Equity Bank Kenya
is Nigeria’s biggest bank by market capitalization. It already has branches in Kenya, Ghana and eight other countries

Dream on

samorobo:
This is insane- I am speechless.Africa needs to stop this madness.

https://www.youtube.com/watch?v=bGY0kCLrqIE

Most Ghanaian going by this thread are mad

Just40:
take er

https://www.tor.com.gh/tors-services/storage/

Since you are denying that you saw it

You banned my account for no reason but the fact that you didn't like seeing that your Kipevu was 30 times smaller than just one product storage at Tema oil

You don't get tired talking nonsense day in day out

Quantum - Tema - 15M litres per day capacity. Very TINY - compared to Kenya current oil terminal built in 1963 (Kipevu terminal) - leave alone the new one.

New Kipevu - can handle 750M litres per one fueling session - in four berths. Each of the four vessels will take 5 hours to offload fuel, a total capacity of 20 vessels daily. That is 3 billion litres per day...compared to Tema (Quantam) 15 million litres

The total berth length is 770m - and can handle 4 post-panama ships at one go.

Dont bring your little crap and compare with Africa biggest fuel terminal that will be handling demand for almost 4 countries. This why Chinese foreign minister was opening it.


NOT THIS CRAP

Tema Oil Facility - Quantum Terminals Group
The facility has a truck park that can hold up to 50 trucks a time and has the capacity of loading out 15,000,000 liters of products daily, from its 16-truck loading bays. The facility has; Six (6) Gasoil Loading Pumps and four (4) Gasoline loading pumps providing the fastest loading rate of any terminal in Ghana.

How can small bank - GTB - buy a big bank like Equity - Equity I bet by now has overtaken GTB. Concentrate on fixing the cash shortage in your crazy zoo - where people go to the bank and there is no money . Never happened in Kenya unless those small banks that collapses.

samorobo:


Rvp will not like this

rvp2018:
Dream on

Time shall tell, the same way u stylishly stopped Dangote from taking over your cement industry?

How can GTB afford to buy a bank of it's equal? A bank that is growing very fast.
Dangote is free to come but he is afraid of competition.
Look Dangote is killing your country - a 50 bag of cement is retailing at 4,100 NAIRA converted almost 1,200 Kshs.
Almost a third the price in Kenya
Simba Cement prices: Sh470 per bag. Savannah Cement prices: Sh485 per bag. Bamburi Cement prices: Sh480 per bag. Mombasa Cement prices: Sh480 per bag.17 Jul 2021

68816419:

Time shall tell, the same way u stylishly stopped Dangote from taking over your cement industry?

samorobo:
This is insane- I am speechless.Africa needs to stop this madness.

https://www.youtube.com/watch?v=bGY0kCLrqIE

it's a skit

He does it every year to create conversation on the nonsense happening in Africa...

Last year's own, he was removing pant or so.

rvp2018:
Most Ghanaian going by this thread are mad

you are very stupid

That guy right there is an artist using his art to create actual conversation on the stupidity happening in stupid countries like Kenya...


I found out that the man seen in the viral video is known as Mark Mensah, CEO of Phens Multimedia, a media organization based in Ghana. He is popularly called Pastor Blinks. I also found out that the man is not even a pastor but a skit-maker who deliberately make videos mocking pastors and the Christian faith. The videos are edited and published as if it happened in real life without any hint to viewers that it’s a skit. Many people watch the videos, curse pastors believing that what they watched actually happened

[s]

rvp2018:
You don't get tired talking nonsense day in day out

Quantum - Tema - 15M litres per day capacity. Very TINY - compared to Kenya current oil terminal built in 1963 (Kipevu terminal) - leave alone the new one.

New Kipevu - can handle 750M litres per one fueling session - in four berths. Each of the four vessels will take 5 hours to offload fuel, a total capacity of 20 vessels daily. That is 3 billion litres per day...compared to Tema (Quantam) 15 million litres

The total berth length is 770m - and can handle 4 post-panama ships at one go.

Dont bring your little crap and compare with Africa biggest fuel terminal that will be handling demand for almost 4 countries. This why Chinese foreign minister was opening it.


NOT THIS CRAP

Tema Oil Facility - Quantum Terminals Group
The facility has a truck park that can hold up to 50 trucks a time and has the capacity of loading out 15,000,000 liters of products daily, from its 16-truck loading bays. The facility has; Six (6) Gasoil Loading Pumps and four (4) Gasoline loading pumps providing the fastest loading rate of any terminal in Ghana.

[/s]

Must you always have to lie just to try to compete ?

KPC is currently in talks with Kenya’s Ministry of Energy to put up a dedicated LPG storage facility with an initial capacity of 25,000 tones.

Your entire kipevu has just a 100,000 metric tonnes capacity...

The old facility had just a 35,000 metric tonnes capacity and now it has been doubled to 70,000 metric tonnes but your video said it's 100,000 metric tonnes so it give you that...

Even one of the smallest terminal like quantum gas have more than half that capacity...

BOST has more than twice that capacity in Accra...

Tema oil Refinery Jetty has 60 times that capacity.

VRA jetty has more than 100 times that capacity

The new Takoradi oil Jetty has more than that

If I continue listing all the companies with more than this capacity... I will fill this page.


Combine Kenya, Rwanda and Uganda energy consumption together and it will still not come close to the amount of energy consumed in Ghana.. (note: I'm not talking about electricity).
It just makes sense that Ghana has more than you

samorobo:
This is insane- I am speechless.Africa needs to stop this madness.

https://www.youtube.com/watch?v=bGY0kCLrqIE

I read somewhere that that was a comedy skit.

More nonsense. Understand the basics before you start talking nonsense.

1) We have been talking about OIl Terminal. This is a facility where ships arrive and offload the cargo. Kenya had a single berths (berth 19-20 of Mombasa port) - so ships had to wait. That Kipevu(old) oil terminal. It was costing us 20m dollars in demurrage.

2) The New Kipevu is adding 770M of 4 berths - that nearly a kilometer - and will be able to handle 4 panamax/post-panamax at a go - the four can discharge 750 million litres of oil products in a single session. Arguably the biggest such oil terminal in Africa.

3) Once discharged the oil is temporarily stored (100,000 metric capacity for new Kipevu) before being pumped to Kenya Pipeline network of depots via the pipeline - and KPRL facility in Changamwe (refinery now being used as storage)

4) Kenya pipeline has capacity of 884,000,000 litres - about 884,000 metric tonnes - while KPRL has capacity of 650,000 metric tonnes - in storage farms. There is nothing close to that in Ghana. Those are large storage farms.

That is Gov of Kenya - Kenya Ports, Kenya Pipeline and Kenya Petroleum Refineries - state corporations.

5) Now Kenya oil companies - pick their oil from Kenya Pipeline depots - have their own storage systems for dealing with regional or town demands - most of them spread across east, southern and even part of north/south africa - Kenya oil companies operate in Ethiopia, South Sudan, Congo, Uganda, Tanzania, Rwanda, Burundi, Zambia and even Malawi.

Now throw your careless numbers as usual. You have the credibility of an ashawo in the street of Accra.

Just40:
[s][/s]

Must you always have to lie just to try to compete ?

KPC is currently in talks with Kenya’s Ministry of Energy to put up a dedicated LPG storage facility with an initial capacity of 25,000 tones.

Your entire kipevu has just a 100,000 metric tonnes capacity...

The old facility had just a 35,000 metric tonnes capacity and now it has been doubled to 70,000 metric tonnes but your video said it's 100,000 metric tonnes so it give you that...

Even one of the smallest terminal like quantum gas have more than half that capacity...

BOST has more than twice that capacity in Accra...

Tema oil Refinery Jetty has 60 times that capacity.

VRA jetty has more than 100 times that capacity

The new Takoradi oil Jetty has more than that

If I continue listing all the companies with more than this capacity... I will fill this page.


Combine Kenya, Rwanda and Uganda energy consumption together and it will still not come close to the amount of energy consumed in Ghana.. (note: I'm not talking about electricity).
It just makes sense that Ghana has more than you

gallivant:


You see obaboon, how little things excite feeble minds.

Yes, gallipig. Like when you get excited because someone called you a little Indian.

GeneralDae:

I read somewhere that that was a comedy skit.

it's a comedy skit like SNL that he does every year to mock the stupidity happening in Africa

68816419:
From a reliable source
GTB kenya To aquire Equity Bank Kenya
is Nigeria’s biggest bank by market capitalization. It already has branches in Kenya, Ghana and eight other countries

It's possible. We built roads in Kenya, have banks there, and now has their ihub in our back pocket.

rvp2018:
How can small bank - GTB - buy a big bank like Equity - Equity I bet by now has overtaken GTB. Concentrate on fixing the cash shortage in your crazy zoo - where people go to the bank and there is no money . Never happened in Kenya unless those small banks that collapses.

Gtb is bigger than equity. Equity is not a big bank, Rip2008.

Obaboon, Let me know if you have a problem reading that last year graph (they improved 3 positions last year alone). By this year - Equity has gone above GTB - their expansion in DRC already overtaking Kenya. They literally hit a jackpot in DRC. 5yrs from now - Zenith and First Bank of Nigeria - will be seeing Equity Bank from behind.

Helios Partners are arguably the most stupid investors in entire planet - for selling 24 percent of Equity for Kenya Telkom

https://www.businessdailyafrica.com/bd/corporate/companies/equity-sees-its-drc-business-overtake-kenya-unit-3458074
WHAT IS THE PLACE OF DRC BUSINESS IN EQUITY GROUP?

In DRC, we seem to have really touched a juggler pipe that will change this group forever.

DRC business will fundamentally change Equity Group. DRC at the moment contributes 27 percent of the group balance sheet and is growing at about 60 percent annually and may overtake Kenya between the third and fifth year.

Even in profitability, DRC will start rivalling Kenya and rise above on profits and balance sheet size eventually.

DRC has quickly made us a market leader in financial services both in balance sheet and profitability as well as customer base.

Given the momentum of growth in DRC, the possibility of standing out and becoming more attractive is so near. Equity should now be trading at the same rate as Capitec Bank of South Africa.

obaaderemi:
Gtb is bigger than equity. Equity is not a big bank, Rip2008.

Just40:
you are very stupid

That guy right there is an artist using his art to create actual conversation on the stupidity happening in stupid countries like Kenya...


I found out that the man seen in the viral video is known as Mark Mensah, CEO of Phens Multimedia, a media organization based in Ghana. He is popularly called Pastor Blinks. I also found out that the man is not even a pastor but a skit-maker who deliberately make videos mocking pastors and the Christian faith. The videos are edited and published as if it happened in real life without any hint to viewers that it’s a skit. Many people watch the videos, curse pastors believing that what they watched actually happened

That one will cling to anything like the drowning man he is.

another landmark china Africa cooperation project

The 770m jetty, fully funded by the Kenya Ports Authority (KPA) is the largest of its kind in Africa, with capacity to load and offload very large vessels of up to 200,000 DWT carrying all categories of petroleum products including crude oil, white oils and LPG.

The President was accompanied on the inspection tour of the mega project, which is currently 96% complete, by visiting Chinese State Counsellor and Minister for Foreign Affairs Mr Wang Yi.

700MW plant will be commissioned across four phases this year 2022., We are surely getting there

rvp2018:
More nonsense. Understand the basics before you start talking nonsense.

1) We have been talking about OIl Terminal. This is a facility where ships arrive and offload the cargo. Kenya had a single berths (berth 19-20 of Mombasa port) - so ships had to wait. That Kipevu(old) oil terminal. It was costing us 20m dollars in demurrage.

2) The New Kipevu is adding 770M of 4 berths - that nearly a kilometer - and will be able to handle 4 panamax/post-panamax at a go - the four can discharge 750 million litres of oil products in a single session. Arguably the biggest such oil terminal in Africa.

3) Once discharged the oil is temporarily stored (100,000 metric capacity for new Kipevu) before being pumped to Kenya Pipeline network of depots via the pipeline - and KPRL facility in Changamwe (refinery now being used as storage)

4) Kenya pipeline has capacity of 884,000,000 litres - about 884,000 metric tonnes - while KPRL has capacity of 650,000 metric tonnes - in storage farms. There is nothing close to that in Ghana. Those are large storage farms.

That is Gov of Kenya - Kenya Ports, Kenya Pipeline and Kenya Petroleum Refineries - state corporations.

5) Now Kenya oil companies - pick their oil from Kenya Pipeline depots - have their own storage systems for dealing with regional or town demands - most of them spread across east, southern and even part of north/south africa - Kenya oil companies operate in Ethiopia, South Sudan, Congo, Uganda, Tanzania, Rwanda, Burundi, Zambia and even Malawi.

Now throw your careless numbers as usual. You have the credibility of an ashawo in the street of Accra.

and I told you that it doesn't even come close to being the biggest in Africa...

645,637,000 liters is the entire storage capacity in your entire country.. That's 571388.745 metric tonnes
This is peanut, even one company alone in Ghana does that.
https://www.bost.com.gh/about-us/storage-capacity
One company has the combine capacity of your entire country

Secondly, 770m quay to berth 4 small panamax vessels measuring 200m long.. those are small oil tankers ...

It will be able to berth 4 smaller vessels at a go..


Just look at those small numbers from your country ...


Tema oil Refinery ABB jetty has two bouys offshore measuring 1000m to berth 2 ULCC with dwt of 200,000 to 600,000 ... Those are some of the largest oil tankers in the world at a go.... Your 4 panamax vessels combined cannot match even 1 ULCC

The refinery has a tank farm for storing 3 million metric tonnes of crude and 3 million metric tonnes of LNG for VRA.
The LNG is held for onward pumping to power plant in the Tema power enclave..
All the power stations also have their own tank farms for holding gas

ABB is able to discharge 2 dwt 400,000 vessels in just 12 hours.

I've already given link for all my numbers .... You can rant all you want but your country is not getting close to that

obaaderemi:
That one will cling to anything like the drowning man he is.

The guy will even lie to his mother

Nonsense as always. Ghana is small baby in these stuff. Let Lome port of Togo talk. Not useless Tema - where you work as security guard.

Just40:
and I told you that it doesn't even come close to being the biggest in Africa...

Secondly, 770m quay to berth 4 small panamax vessels measuring 200m long.. those are small oil tankers ...

It will be able to berth 4 smaller vessels at a go..


Just look at those small numbers from your country ...


Tema oil Refinery ABB jetty has two bouys offshore measuring 1000m to berth 2 ULCC with dwt of 200,000 to 600,000 ... Those are some of the largest oil tankers in the world at a go.... Your 4 panamax vessels combined cannot match even 1 ULCC

The refinery has a tank farm for storing 3 million metric tonnes of crude and 3 million metric tonnes of LNG for VRA.
The LNG is held for onward pumping to power plant in the Tema power enclave..
All the power stations also have their own tank farms for holding gas

ABB is able to discharge 2 dwt 400,000 vessels in just 12 hours.

I've already given link for all my numbers .... You can rant all you want but your country is not getting close to that

Durban Fuel terminal is on berth 4 to 8 - total length of 725M - while New Kipevu is 770M - therefore primafacia it's indeed the biggest in Africa.

Little Ghana should try to compete with Benin port or Lagos ports.

Lome is already too much for you

rvp2018:
Nonsense as always. Ghana is small baby in these stuff. Let Lome port of Togo talk. Not useless Tema - where you work as security guard.

Ghana consumes 10 times the fuel consumed in Kenya, Rwanda and Uganda combine..

Now run your watery mouth as to who is small...

The total storage capacity in your entire country can only be compared to one company in Ghana...

No wonder you are desperate to prove a point

... don't loose yourself watching the beautiful hills, eyes on the road

rvp2018:
Durban Fuel terminal is on berth 4 to 8 - total length of 725M - while New Kipevu is 770M - therefore primafacia it's indeed the biggest in Africa.

Little Ghana should try to compete with Benin port or Lagos ports.

Lome is already too much for you

you are still making useless noise when your Kipevu total capacity is just 100,000 metric tonnes

While Tema ABB is doing 1000M 2 ULCC berths doing 6 million metric tonnes capacity

Useless noise maker, I told you that your kipevu won't be in the top 10 in Africa ... Even in Sub Saharan Africa, it won't compete in top 10....

I've supplied fuel to all the largest jetty's along the African coast and yours doesn't even come close

rvp2018:
Obaboon, Let me know if you have a problem reading that last year graph (they improved 3 positions last year alone). By this year - Equity has gone above GTB - their expansion in DRC already overtaking Kenya. They literally hit a jackpot in DRC. 5yrs from now - Zenith and First Bank of Nigeria - will be seeing Equity Bank from behind.

Helios Partners are arguably the most stupid investors in entire planet - for selling 24 percent of Equity for Kenya Telkom

https://www.businessdailyafrica.com/bd/corporate/companies/equity-sees-its-drc-business-overtake-kenya-unit-3458074
WHAT IS THE PLACE OF DRC BUSINESS IN EQUITY GROUP?

In DRC, we seem to have really touched a juggler pipe that will change this group forever.

DRC business will fundamentally change Equity Group. DRC at the moment contributes 27 percent of the group balance sheet and is growing at about 60 percent annually and may overtake Kenya between the third and fifth year.

Even in profitability, DRC will start rivalling Kenya and rise above on profits and balance sheet size eventually.

DRC has quickly made us a market leader in financial services both in balance sheet and profitability as well as customer base.

Given the momentum of growth in DRC, the possibility of standing out and becoming more attractive is so near. Equity should now be trading at the same rate as Capitec Bank of South Africa.

and you think Gtbank ain't expanding as well, manze dreaming is allowed and how do u claim to be growing yet u keep borrowing, we all know how Kenyans cooks all figures to suit their egos, the truth will be known soonest

rvp2018:
Obaboon, Let me know if you have a problem reading that last year graph (they improved 3 positions last year alone). By this year - Equity has gone above GTB - their expansion in DRC already overtaking Kenya. They literally hit a jackpot in DRC. 5yrs from now - Zenith and First Bank of Nigeria - will be seeing Equity Bank from behind.

Helios Partners are arguably the most stupid investors in entire planet - for selling 24 percent of Equity for Kenya Telkom

https://www.businessdailyafrica.com/bd/corporate/companies/equity-sees-its-drc-business-overtake-kenya-unit-3458074
WHAT IS THE PLACE OF DRC BUSINESS IN EQUITY GROUP?

In DRC, we seem to have really touched a juggler pipe that will change this group forever.

DRC business will fundamentally change Equity Group. DRC at the moment contributes 27 percent of the group balance sheet and is growing at about 60 percent annually and may overtake Kenya between the third and fifth year.

Even in profitability, DRC will start rivalling Kenya and rise above on profits and balance sheet size eventually.

DRC has quickly made us a market leader in financial services both in balance sheet and profitability as well as customer base.

Given the momentum of growth in DRC, the possibility of standing out and becoming more attractive is so near. Equity should now be trading at the same rate as Capitec Bank of South Africa.

Rip2008, I know you are corpse by your moniker. So I don't expect much from you.

From your own graph Gtbank is ahead of your equity as at the end of the last financial year.

Sane people talk with relevant facts. Where is your link that equity is ahead of Gtbank?

You're desperate to compare yourself to kenya.
South Africans consume 11,1-billion litres of petrol and 12,1-billion litres of diesel a year - with 11 million cars - at pre-covid.
Kenya consumes about 6.3 billion litres of petrol, diesel and others.
South Africa consumes about 4 times Kenya.

Now how can little Ghana consumes 10 times Kenya and 3 times South Africa.

Ashawo. Nigeria does I think 18B litres if I can recall correctly and little Ghana does 4 billion liters.

Just40:
Ghana consumes 10 times the fuel consumed in Kenya, Rwanda and Uganda combine..

Now run your watery mouth as to who is small...

The total storage capacity in your entire country can only be compared to one company in Ghana...

No wonder you are desperate to prove a point

@Kaz
The real Giant of East Africa

We are bending backwards because the current president of TZ - Suluhu -is more reasonable than tinpot dictator the late Magufuli who had almost killed regional trade. If they were to allow free trade to flourish - Kenya will take them to cleaners.

Kenyan manufacturers had in recent years protested “discriminative” duties and non-tariff barriers such as double inspection of goods for standards by Tanzania which had made supplies such as meat, milk, and related products to the neighbouring country uncompetitive.
The protectionist fees, Kenyan manufacturers argued, was against the EAC Common Market Protocol, which requires member states to open up borders to facilitate free movement of goods, labour, services as well as capital.

68816419:
@Kaz
The real Giant of East Africa