₦airaland Forum

rvp2018:
The Zoo talking about image

Of course,when you go about with your bowl begging for common food you don’t expect that to be putting africa in good light. You are a disgrace and you are proving the world right about the continent. Nuke your stupid zoo or fix it. Enough with the embarrassment.

Kenyans proudly wear the flag because we are very proud of our country. Your Zoo should fix basic like electricity first.

samorobo:
Of course,when you go about with your bowl begging for common food you don’t expect that to be putting africa in good light. You are a disgrace and you are proving the world right about the continent. Nuke your stupid zoo or fix it. Enough with the embarrassment.

Another tall structure coming up in Riverside. Samorobo how do you feel?

rvp2018:
Kenyans proudly wear the flag because we are very proud of our country. Your Zoo should fix basic like electricity first.

You are very stupid,75% of Kenyans have never seen their bulb lit and an idiot like you is trying to brag about electricity. When I say you are disgracing us I am not mincing words,18m hungry human trekking to wfp with their begging bowl is something that put africa in a good light. No about of your flag wearing would run of that shame unless you sit up and stop that menace. Do irrigation and build dams. This nonsense has to stop,you can’t keep dragging africa into the mud. Enough is enough.

Wuoche:
Another tall structure coming up in Riverside. Samorobo how do you feel?

What tall structure?

samorobo:
What tall structure?

The one with the green net and a crane. Or you don't have eyes?

Very nice article explaining Kenya likely to leapfrog in a decade, followed by Rwanda, Uganda in two decades and Tanzania in 3 decades - Nigeria in about 5 decades from now.

Combination of literacy, democracy, savings, investment, etc

https://twitter.com/i/web/status/1583723363507195904

When will countries in east Africa see their economies take-off, sustainably and with rapid GDP growth for decades?

Kenya 1st
Rwanda 2nd
Uganda 3rd,
Tanzania 4th,
Burundi last.
Unless government policies change
Ethiopia a harder call

One of best threads I’ve done

Wuoche:
80% of Tanzanian buses are fabricated in Kenya, the remaining 20% are from China.

Assembled in Kenya, not fabricated

IGpro1:
Assembled in Kenya, not fabricated

How?
Most Tz buses are China's,and Yutong is the biggest brand in Tz.

Wuoche:
The one with the green net and a crane. Or you don't have eyes?

So how it make it a tall structure. All I see is a green net.

Wuoche:
There's nothing you export to Kenya. You buy completed land cruiser from Kenya and all you do in Tanzania is just body elongation. To make things interesting, nowadays the elongation is done in Mombasa road Kenya .

For buses I can count Tanzanian companies that import their buses from Kenya.

Example of Tanzanian bus companies importing their buses from Kenya.

Saul
Rungwe Express
Ratco
Simba
Rabi
Shatriff
Dar Express
SR Classic
Falcon
Igembe Msabi

If you continue talking I'll add the rest.

Just because u have few buses sold to Tz Don't think u have eaten a whole elephant. Even the much talked Sauli buses don't usually use Ava bodies. Remember we have hundreds of bus companies in Tz.
Here is Sauli and the marcopolo from kibera I presume ;khekhekhekhekhekhe

https://www.youtube.com/watch?v=EW8eS98LTRY

Wuoche:
Do you assemble Toyota vans in Tanzania? Just say that what you do is import the complete vehicle from Mombasa then you do body elongation. Here are those vans being made at AVA in Mombasa.

HAL have been selling tourist vans to kenyan markets for generations before that workshop in mombasa started making those few cars which makes u shout to the roof.

These Canadian couple now going three years have been to almost everywhere in Kenya shooting epic videos of kenya resorts and related. Just watching their videos of their time in Kenya - all over the country - you'd appreciate why Kenya is one of most beautiful place on earth and how incredibly lucky we are as kenyans to have all these facilities.


https://www.youtube.com/watch?v=OAVMXl04R-U&t=972s

https://www.youtube.com/watch?v=gmFOH0uStzs


https://www.youtube.com/watch?v=6yDKbk5Ny4U

Maasai Mara- the wilderbest migration the 8th wonder of world - Kazikazi with large serengeti with imposible infrastructure unless you charter a flight might wish to disagree

https://www.youtube.com/watch?v=mbqCXpmo15A&t=104s

rvp2018:
These Canadian couple now going three years have been to almost everywhere in Kenya shooting epic videos of kenya resorts and related. Just watching their videos of their time in Kenya - all over the country - you'd appreciate why Kenya is one of most beautiful place on earth and how incredibly lucky we are as kenyans to have all these facilities.


https://www.youtube.com/watch?v=OAVMXl04R-U&t=972s

https://www.youtube.com/watch?v=gmFOH0uStzs


https://www.youtube.com/watch?v=6yDKbk5Ny4U

rvp2018:
Maasai Mara- the wilderbest migration the 8th wonder of world - Kazikazi with large serengeti with imposible infrastructure unless you charter a flight might wish to disagree

https://www.youtube.com/watch?v=mbqCXpmo15A&t=104s

Cringe as usual.

rvp2018:
You cant even do the barest minimum of research.
Helios - UK fund - not even Nigeria made boneheaded investment.
Kenya has more PE/Venture funds than Nigeria.

I have no problem with Helios - I just have a problem with their bone-headed decision to invest in Telkom.

Their investment in Equity was genius. In 2007 they invested ($120.2 million) for 25% stake.
In 2015 - they sold it for four times the amount - 500M - about 250M dollars for 12.5% stake to Norfund.
The Norwegian still hold that 12.5% of Equity Group - brilliant japs.

Now the Nigerian-Britons - made boneheaded decision - took 600M dollars - gave it to Orange group for 70 percent of bankrupt company whose liabilities far exceed it's asset.

Now they have sold to Kenya gov for 50m dollars - that is height of stupidity and desperation.

This guy is funny. Orange dumped that company after making their money I'm sure, how then do you think a company like Helios would pay $600m for a company orange bought for about half of that? Where's your source?
A company Orange left with a debt of $14m. You should be smarter than this, boy. The only reason your government is hiding the details of the initial Helios deal is because that company was sold cheaply. Helios probably bought it for less than the$50m Ruto paid them. The only reason Helios bought telkom Kenya was to sell off its valuable assets and scram. And immediately they did that, they dumped it back on Ruto, the idiot, leaving behind huge debts. And still got $50m for nothing. For a company with little assets left. That's why knowledgeable little Indians are asking Treasury to do an audit of the whole thing.

You don't mess with companies like Helios. They're in charge of people's money so they can neither afford to stay too long in an investment nor waste their clients money. By the time the deal is properly investigated you will cry blood and curse your politicians.
You can see what Helios did at Equity. Theye are your Masters. Take it or leave.

AskiaHarem:
Cringe as usual.

They always craving praise from foreigners.

rvp2018:
Very nice article explaining Kenya likely to leapfrog in a decade, followed by Rwanda, Uganda in two decades and Tanzania in 3 decades - Nigeria in about 5 decades from now.

Combination of literacy, democracy, savings, investment, etc

https://twitter.com/i/web/status/1583723363507195904

When will countries in east Africa see their economies take-off, sustainably and with rapid GDP growth for decades?

Kenya 1st
Rwanda 2nd
Uganda 3rd,
Tanzania 4th,
Burundi last.
Unless government policies change
Ethiopia a harder call

One of best threads I’ve done

There's no reason why people should not start having just one child per family.

Kenya is also having problems with population considering the fact that a large part of the country is semiarid. Nigeria's fertility rate is also dropping especially in the south.

obaaderemi:
This guy is funny. Orange dumped that company after making their money I'm sure, how then do you think a company like Helios would pay $600m for a company orange bought for about half of that? Where's your source?
A company Orange left with a debt of $14m. You should be smarter than this, boy. The only reason your government is hiding the details of the initial Helios deal is because that company was sold cheaply. Helios probably bought it for less than the$50m Ruto paid them. The only reason Helios bought telkom Kenya was to sell off its valuable assets and scram. And immediately they did that, they dumped it back on Ruto, the idiot, leaving behind huge debts. And still got $50m for nothing. For a company with little assets left. That's why knowledgeable little Indians are asking Treasury to do an audit of the whole thing.

You don't mess with companies like Helios. They're in charge of people's money so they can neither afford to stay too long in an investment nor waste their clients money. By the time the deal is properly investigated you will cry blood and curse your politicians.
You can see what Helios did at Equity. Theye are your Masters. Take it or leave.

You're rambling.Orange dumped it to Helios.Helios after seven years of losses wanted to sell out.Gok knowing they were desperate took their pre emptive right and bought it for cheap.Do you know a license for say 4G frequencies is more than 50m Helios got.Now Kenya gov have it after selling it for 26 billion buying it back at 6 billion... profit of 200m dollars...for a bankrupt company that orange and Helios sustained.Ruto was not involved at all in this..it's Uhuru.Ruto will now turn it around and sell it for more than a billion dollars in four years max.

obaaderemi:
There's no reason why people should not start having just one child per family.

Kenya is also having problems with population considering the fact that a large part of the country is semiarid. Nigeria's fertility rate is also dropping especially in the south.

Kenya north is not densely populated like Nigeria north...even if they lag behind in many indicators there are not even 5% of Kenya population.. consisting of a million Turkana, two million Somalis & oromo and a million samburu Maasai... maybe another million pokots & such.Those are the tribes lagging behind otherwise Kenya is benefiting from huge investment in population control and planning.Kenya has highest contraceptive use in Africa.We have reduced births from 8 in 1980s to now almost 3.Nigeria still at almost 7..zero investment in family planning, contraceptive and education.That is why Kenya is at cusp of leapfrogging to high growth industrialization while Nigeria is 50yrs from it

rvp2018:
Kenya north is not densely populated like Nigeria north...even if they lag behind in many indicators there are not even 5% of Kenya population.. consisting of a million Turkana, two million Somalis & oromo and a million samburu Maasai... maybe another million pokots & such.Those are the tribes lagging behind otherwise Kenya is benefiting from huge investment in population control and planning.Kenya has highest contraceptive use in Africa.[b]We have reduced births from 8 in 1980s to now almost 3.Nigeria still at almost 7..zero investment in family planning, contraceptive and education.[/b]That is why Kenya is at cusp of leapfrogging to high growth industrialization while Nigeria is 50yrs from it

You always talk like an slowpoke. If Nigeria had invested zero in family planning, then how come the fertility rate dropped? Nigeria is 5.5. How's that almost 7? Why not call it close to 5 and Kenya 4 since you are 3.5?

rvp2018:
You're rambling.Orange dumped it to Helios.Helios after seven years of losses wanted to sell out.Gok knowing they were desperate took their pre emptive right and bought it for cheap.Do you know a license for say 4G frequencies is more than 50m Helios got.Now Kenya gov have it after selling it for 26 billion buying it back at 6 billion... profit of 200m dollars...for a bankrupt company that orange and Helios sustained.Ruto was not involved at all in this..it's Uhuru.Ruto will now turn it around and sell it for more than a billion dollars in four years max.

If orange dumped it, that's more like giving it away. I wonder why it's hard for you to show us with the aid of a link what Helios paid for the company. Kenya was stupid to buy that company that has been sucked dry by the French and the Nigerians.

4g frequency in Kenya is just $24m. I don't know what you gain by lying constantly. Or Maybe you simply don't know what is going on in your own Shithole like you've proven many times. $24m is nothing close to the $170m Helios got by selling off the towers, not to talk of other assets, and the debt they pushed on to Ruto. He shouldn't have paid Helios a shilling for that scrap.

Massive and extreme fuel shortage in all parts of Nigeria no petrol in the petrol stations. Watch the video and see Nigerians like dogs





https://www.youtube.com/watch?v=tFrfjc1y6cg

Shma2022:
This is terrible.

Cedi has depreciated by a whopping 119%. Damn!

Having a weak Cedi is not all bad..Its kinda a double edged sword

Cedi depreciation could make the jump for Ghana to be a export oriented nation possible since exporting shit will be comparatively cheaper. Places like Japan and South Korea artificially weaken their own currencies for this reason. Its just that if you were to import anything or travel aboard, it becomes more expensive as a result.

It also raises the price of goods but you wouldn't really have this problem if Ghana actually invested in its agiculture sector. 20.6% of arable land and over 7 million Ghanaian farmers yet NPP imports more than $2 billion worth of food that could be produced locally and banks make it hard for farmers to get access to capital and also screwing small businesses over with high interest payments.

Of course cutting such imports that could be produced locally would strengthen the Cedi too. Really, 1D1F initiative should of allowed boom of factories and creation of jobs via creating wealth and allowing Cedi to depend on itself. Thereby increasing the Cedi value. I don't know whats really happened there though.

TookDownYourMum:
Having a weak Cedi is not all bad..Its kinda a double edged sword

Cedi depreciation could make the jump for Ghana to be a export oriented nation possible since exporting shit will be comparatively cheaper. Places like Japan and South Korea artificially weaken their own currencies for this reason. Its just that if you were to import anything or travel aboard, it becomes more expensive as a result.

It also raises the price of goods but you wouldn't really have this problem if Ghana actually invested in its agiculture sector. 20.6% of arable land and over 7 million Ghanaian farmers yet NPP imports more than $2 billion worth of food that could be produced locally and banks make it hard for farmers to get access to capital and also screwing small businesses over with high interest payments.

Of course cutting such imports that could be produced locally would strengthen the Cedi too. Really, 1D1F initiative should of allowed boom of factories and creation of jobs via creating wealth and allowing Cedi to depend on itself. Thereby increasing the Cedi value. I don't know whats really happened there though.

The problem here is that you don't just become export oriented in one day. The easiest is to begin with the agricultural sector. Adopt the Buhari policy of banning imports of rice and stuff like that which can be produced locally.
Local prices would be high at first due to lesser competition but with time more people would be encouraged to farm and export.
A depreciating cedi to the dollar at the rate it is going is not good for the Ghanaian economy at the moment because it affects everything.

GeneralDae2:
The problem here is that you don't just become export oriented in one day. The easiest is to begin with the agricultural sector. Adopt the Buhari policy of banning imports of rice and stuff like that which can be produced locally.
Local prices would be high at first due to lesser competition but with time more people would be encouraged to farm and export.
A rising cedi to the dollar at the rate it's going is not good for the Ghanaian economy at the moment because it affects everything.

Funny thing you mention rice actually.

Ghana originally had a import ban on rice and the government originally subsidised their rice farmers but when they went to the IMF for a loan, the condition was to lift the import ban and remove subsidies for said Ghanaian rice farmers. You can guess what happened next? The local rice farmers couldn't compete with the US produced rice (whose farmers recieved subsidies from their government) and fell into poverty as a result.

TookDownYourMum:
Funny thing you mention rice actually.

Ghana originally had a import ban on rice and the government originally subsidised rice farmers but when they went to the IMF for a loan, the condition was to lift the import ban and remove subsidies for said rice farmers. You can guess what happened next? The local rice farmers couldn't compete with the US produced rice and fell into poverty as a result.

This is the problem with going to the IMF.

GeneralDae2:
This is the problem with going to the IMF.

I know their agenda quite well, theres a reason South Americans hate the IMF and why Ghanaians were not pleased when NPP did a U-Turn to getting back in bed with the IMF. Always strings attached for their loans be it social policy (LGBT who I have nothing against personally) or economic. Honestly, it gave me new insights why many African nations (as well as other developing countries around the world) go to China for loans.

Almost zero drop since 1950 it was 6.5 to now 5.5. Kenya has dropped from high of 8 to now close to 3.

obaaderemi:
You always talk like an slowpoke. If Nigeria had invested zero in family planning, then how come the fertility rate dropped? Nigeria is 5.5. How's that almost 7? Why not call it close to 5 and Kenya 4 since you are 3.5?

Orange of course dumped it after they incurred 700M (390M to purchase & another cash injection in loan to Telkom - later converted to Equity) plus loss of opportunity.

They dumped it to Helios for a loss of 100M dollars. Helios bought it at 600M.

Now Helios have dumped it at 50m...whoppping loss of 550M dollars.

I dont know what they teach you in Nigeria - basic accounting - when Telkom kenya sells an asset - the shareholders being Kenya Gov and Helios - dont get paid - unless Telkom declared profit that year - and they get paid as dividend.

Kenya gov would have cashed 30% of that 170M from American Towers - but we know it never cashed anything.

The reason Telkom Kenya has been bankrupt for a long time. Now it's been valued at 10B kshs - and it surely will crawl out of its hole - now that it back to business.

In terms of licensing - 24M is annual 4G license - the initial license cost Telkom - 50m (the amount the idiots Helios paid)

https://www.itnewsafrica.com/2007/08/kenya-government-set-to-license-fourth-mobile-operator/
But Telkom Kenya will be required to pay a licence fee of $55 million (Sh3.9 billion) —similar to the amount paid by Safaricom and Celtel. Econet is being asked to pay $27 million .

obaaderemi:
If orange dumped it, that's more like giving it away. I wonder why it's hard for you to show us with the aid of a link what Helios paid for the company. Kenya was stupid to buy that company that has been sucked dry by the French and the Nigerians.

4g frequency in Kenya is just $24m. I don't know what you gain by lying constantly. Or Maybe you simply don't know what is going on in your own Shithole like you've proven many times. $24m is nothing close to the $170m Helios got by selling off the towers, not to talk of other assets, and the debt they pushed on to Ruto. He shouldn't have paid Helios a shilling for that scrap.

IMF doesnt invite itself; you invite them; The country should try to as much as possible avoid IMF but when it's inevitable like Ghana now - you will have to welcome them - otherwise it will be like 1962 when Army kicked out Nkurumah and invited IMF - because the country will become another Zimbabwe - and dealing with hyperinflation is a mess. A huge mess I wouldnt want to wish on Ghana. It will take decades to come out of it.

In short - stop long theories - invite IMF - you need them more than ever. If IMF deal doesnt come soon - Ghana will go bankrupt, cedis will be worthless and ensuing mess.

After they are done with you - next time watch your macro-economics - dont go for debt binge again.

You dont refuse to go to hospital when youre sick - next time you work on preventative measures

TookDownYourMum:
I know their agenda quite well, theres a reason South Americans hate the IMF and why Ghanaians were not pleased when NPP did a U-Turn to getting back in bed with the IMF. Always strings attached for their loans be it social policy (LGBT who I have nothing against personally) or economic. Honestly, it gave me new insights why many African nations (as well as other developing countries around the world) go to China for loans.