₦airaland Forum

rvp2018:
Kenya GDP PPP last i check was approaching 300B...probably it hard to keep it upto date.
South Africa are facing middle class trap.
And I dont see how it will escape...now with 40% joblessness, immigration mess, corrupt ANC and now ESKOM.
Post Ramaphosa...look likely gone.
Look like Zuma or one his many wives could be in contention

you do know SAs GDP ppp is $1.25 trillion

Just40:
Focus on curbing the massive forex smuggling in Kenya that cause you to lose 6 billion dollars yearly through dubious schemes like this... Your central bank says it gave 770 million for shoe import and your country only imported 6 million pairs.


Kenya has the highest forex outflows on the continent and it all has to do with the fact that Indians and Chinese own everything in your country so the have to repatriate that much money yearly

The bolded is what shames them so. The indigenous little Indians are so lazy they own very little in their own country and are so comfortable with it. They have no push, no grit whatsoever. It's the same thing in their sports where they only Excel in sports that rely on geography and genome. They're not smart.

You are talking about phantom shoe imports and $700m, you've not heard of that time an Indian youth(real Indian) scammed the country of Kenya of a third of its GDP claiming to help them sell gold they never had? They're the most stvpid group of people on Earth.

One boy was talking about reinsurance companies from little India yesterday...
Africa's biggest reinsurers, where's Kenya?

rvp2018:
Ruto launched the revolutionary Hustler Fund - and 48 hours later. 6.5Million kenyans have registered. Look likely it could get to all the 30m adult kenyans by the weekend end.

The Hustler Fund - features low interest (almost zero if you borrow and repay within 14days) - 8 percent annually -0.002% daily- but most importantly every 5% is banked into saving & pension plan.

Similar product Fuliza in 3yrs is now loaning out 5B dollars..with only 7 million customers. This one could get into trillions Ksh easily but most important apart from providing low interest micro-loans it will build pension plans for almost every kenyan - informal or not.

Kenya gross saving is about 13% to GDP - very low compared to global average of 25% - and this will likely add almost 5% - reducing the needs to borrow from Chinese and others.


Update - 3:00 PM

Amount disbursed= 2,064,100,521 (up from 1.6b at 11am today)

Total Repayment: 75,809,412 ( Up from 49.7m)

Opted in customers= 6,449,726

Total transactions= 3,542,221

Transactions Per Second (TPS) = 283

Hustler Fund is about bringing dignity and wealth to bottom of the society - the large informal sector - giving every low interest loan - mandatory savings - and pension fund.

To qutoe someone.
Hustler Fund is GoK starting a HR department for informal sector --> mandatory pension + matching benefits + biweekly wage + real time KPI (credit score)

Great Idea.

It should work and perhaps be a model to bootstrap other African markets.

very archaic way of reducing poverty among numerous turkana. Many people will not make a positive used of it. It will largely be spend on food and water they are lacking . Build a rich food and water secured environment first .

You are only creating dependency by rewarding indolence. Rather fight government overspending , create decent national borrowing , focus on proper economic growth . All this positive response yield into poverty reduction. It has been proving that a real GDP growth not the (fake statistics) reduce poverty by 1 percent , using Paul money to pay peter doesn't . Too many money thrown at the poor can't eliminate poverty . A good country should rather eliminate redundancy in tech, agriculture, education etc. There should be free education to the basic ,most importantly,acualization of skills. Endowment like land and natural resources should be well managed and not taking by foreigner etc.. foreigner shouldn't get the best part of you.

Country where skills are in abundance hardly lack (no poor skillful country) . Increased your welfare on that first ( then introduce a social security for the less privileged) i.e , those who are biologically incapable to work .

vaxx:
very archaic way of reducing poverty among numerous turkana. Many people will not make a positive used of it. It will largely be spend on food and water they are lacking . Build a rich food and water secured environment first .

You are only creating dependency by rewarding indolence. Rather fight government overspending , create decent national borrowing , focus on proper economic growth . All this positive response yield into poverty reduction. It has been proving that a real GDP growth not the (fake statistics) reduce poverty by 1 percent , using Paul money to pay peter doesn't . Too many money thrown at the poor can't eliminate poverty . A good country should rather eliminate redundancy in tech, agriculture, education etc. There should be free education to the basic ,most importantly,acualization of skills. Endowment like land and natural resources should be well managed and not taking by foreigner etc.. foreigner shouldn't get the best part of you.

Country where skills are in abundance hardly lack (no poor skillful country) . Increased your welfare on that first ( then introduce a social security for the less privileged) i.e , those who are biologically incapable to work .

Did the black losers of Ghana touch down in hobbitopia yet?

obaaderemi:
One boy was talking about reinsurance companies from little India yesterday...
Africa's biggest reinsurers, where's Kenya?

You have to drop the link, otherwise, your rhetoric will be meaningless.

https://www.atlas-mag.net/en/article/top-100-insurance-companies-in-africa

Giants of insurance companies in Africa are South Africa and Kenya then North African nations_ followed closely by the Zoo(Nigeria)

SA represents 37% of the entire companies while Kenya and Morocco follow by a distance far with 12% each. I think Algeria comes third.

jl115:
- vollyball... Really?

- we rank higher in tennis

- Wayde van Niekerk

Amazing! And I didn't say anything contrary to that. My point to Afrique is " Show me any Khoisan winning trophies in Australia opens"... I've checked SA players and the dominant ones are Boers.

Shma2022:
You have to drop the link, otherwise, your rhetoric will be meaningless.

https://www.atlas-mag.net/en/article/top-100-insurance-companies-in-africa

Giants of insurance companies in Africa are South Africa and Kenya then North African nations_ followed closely by the Zoo(Nigeria)

SA represents 37% of the entire companies while Kenya and Morocco follow by a distance far with 12% each. I think Algeria comes third.

Kenya 2nd?

Hell no!

Shma2022:
Amazing! And I didn't say anything contrary to that. My point to Afrique is " Show me any Khoisan winning trophies in Australia opens"... I've checked SA players and the dominant ones are Boers.

Khoisan are less than 1% of population

Baseless rant.

vaxx:
very archaic way of reducing poverty among numerous turkana. Many people will not make a positive used of it. It will largely be spend on food and water they are lacking . Build a rich food and water secured environment first .

You are only creating dependency by rewarding indolence. Rather fight government overspending , create decent national borrowing , focus on proper economic growth . All this positive response yield into poverty reduction. It has been proving that a real GDP growth not the (fake statistics) reduce poverty by 1 percent , using Paul money to pay peter doesn't . Too many money thrown at the poor can't eliminate poverty . A good country should rather eliminate redundancy in tech, agriculture, education etc. There should be free education to the basic ,most importantly,acualization of skills. Endowment like land and natural resources should be well managed and not taking by foreigner etc.. foreigner shouldn't get the best part of you.

Country where skills are in abundance hardly lack (no poor skillful country) . Increased your welfare on that first ( then introduce a social security for the less privileged) i.e , those who are biologically incapable to work .

AfriqueDuZuid:
Kenya 2nd?

Hell no!

How did you end up getting obsessed with Kenya? The Ghanaians and Nigerians I understand but why you? It's baffling to say the least.

Africa Reinsurance is not Nigerian.
Africa Re was set up by 36 African states in 1976, following a recommendation of the African Development Bank (AfDB), to develop the insurance and reinsurance industry in Africa through increased underwriting and retention capacities, and to support the economic development of the continent.

obaaderemi:
One boy was talking about reinsurance companies from little India yesterday...
Africa's biggest reinsurers, where's Kenya?

Hell yes. Kenya insurance and re-insurance boost of more than 50 companies in kenya and many have expanded regionally.

AfriqueDuZuid:
Kenya 2nd?

Hell no!

Shma2022:
You have to drop the link, otherwise, your rhetoric will be meaningless.

https://www.atlas-mag.net/en/article/top-100-insurance-companies-in-africa

Giants of insurance companies in Africa are South Africa and Kenya then North African nations_ followed closely by the Zoo(Nigeria)

SA represents 37% of the entire companies while Kenya and Morocco follow by a distance far with 12% each. I think Algeria comes third.

You know Nigerians and desperation. If I was Obaboon I would also just post the part that only fits my narrative.

jl115:
- vollyball... Really?

- we rank higher in tennis

- Wayde van Niekerk

Actually, I've just checked. SA is nowhere close to kenya in Tennis ranking -- from both the higest ranking to overall top 100 payers.

https://en.m.wikipedia.org/wiki/List_of_highest_ranked_tennis_players_per_country

jl115:
- vollyball... Really?

- we rank higher in tennis

- Wayde van Niekerk

Yes, really. Volleyball.

AfriqueDuZuid:
Kenya 2nd?

Hell no!

Count the No. Don't be silly.


If you don't know how to do percentage count, I will help you.


Finish then tell me.

Shma2022:
Actually, I've just checked. SA is nowhere close to kenya in Tennis ranking -- from both the higest ranking to overall top 100 payers.

https://en.m.wikipedia.org/wiki/List_of_highest_ranked_tennis_players_per_country

Highest ranked man
Kenya :100
SA : 5

Highest ranked women
Kenya : 1500
SA : 3

Kenya ranks very low,

AfriqueDuZuid:
Khoisan are less than 1% of population

Cool... Give me one Zulu dominating in Australia opens?

Heck! Boers are only 9% and yet they are dominating pretty much everything in your nation : Rugby, cricket, tennis, swimming, board games, etc... Like you have no excuse.. Unless you acknowledged yourself to be inferior.

This was almost 10yrs ago

Kenya’s insurance market will grow two fold in the next two years according to assurance, tax and transaction advisors Ernst and Young (EY). The fastest growing sector in Africa was reported to be Kenya’s insurance sector, which generated insurance premiums to the value of approximately $1.8 billion in 2014 (the largest in sub-Saharan Africa outside of South Africa).

That would be the fake Nigeira GDP PPp. I think your's is about 800b.

jl115:
you do know SAs GDP ppp is $1.25 trillion

Shma2022:
Count the No. Don't be silly.


If you don't know how to do percentage count, I will help you.


Finish then tell me.

Value of those

For example Just like in banking SA standard bank is more valuable 7 times more all banks in Kenya combined

Morocco and Egypt n Nigeria has lesser number, but they all have more value than that of kenya

You dont have indigenous talents - you have diaspora kids coming to Nigeria to try the impossible - before failing. They soon realize they are spending more money and time buying generator fuel than running their business and paying tonnes for security.

They should have listen to their parents who swear never to go back to Nigeria.

GeneralDae:
I swear. It's shocking the amount of foreigners in their tech sector. Imagine we allow these amount of foreigners into our techspace combined with the indigenous talents and potentials we already have. Mehn.

rvp2018:
That would be the fake Nigeira GDP PPp. I think your's is about 800b.

. SA is $1.250 trillion

Slum dog, stop writting nonsense,
Your entire total banking assets are about 300B.
Kenya is now about 60B.
Nigeria is 110B.

Standard Bank is about 170B. That is just about 13 times bigger than Kenya equity now at 13B.
If we combine kenya top 3 banks their total assets are close to 30B...just 6 times or less than Standard Bank

AfriqueDuZuid:
Value of those

For example Just like in banking SA standard bank is more valuable 7 times more all banks in Kenya combined

Morocco and Egypt n Nigeria has lesser number, but they all have more value than that of kenya

Shma2022:
Amazing! And I didn't say anything contrary to that. My point to Afrique is " Show me any Khoisan winning trophies in Australia opens"... I've checked SA players and the dominant ones are Boers.

still pulling the race card jeezez you must have a sad life feeling so inferior to us Whities

rvp2018:
This was almost 10yrs ago

Kenya’s insurance market will grow two fold in the next two years according to assurance, tax and transaction advisors Ernst and Young (EY). The fastest growing sector in Africa was reported to be Kenya’s insurance sector, which generated insurance premiums to the value of approximately $1.8 billion in 2014 (the largest in sub-Saharan Africa outside of South Africa).

Isnt it funny that yall always use race in everything

Here you are again excluding northafrica

Now even Info from sources like imf is fake cos....

What's next?

jl115:
still pulling the race card jeezez you must have a sad life feeling so inferior to us Whities

I told you he a sad soul, feeling so inferior to whites

He's a weak kenyan men, white ass licker

Sub-Sahara africa is used by many people including IMF/WB/UN. This is not my invention.
Infact the best would be SSA outside Boer land of South Africa
Because the region has similar xtics.
Magreb - North Africa and middle east - are grouped together.

AfriqueDuZuid:
Isnt it funny that yall always use race in everything

Here you are again excluding northafrica

Now even Info from sources like imf is fake cos....

What's next?

rvp2018:
That would be the fake Nigeira GDP PPp. I think your's is about 800b.

the IMF is now fake?

AfriqueDuZuid:
Highest ranked man
Kenya :100
SA : 5

Highest ranked women
Kenya : 1500
SA : 3

Kenya ranks very low,

Look at his profile.

The lady --- Okutoyi is ranked number 1500 while still on top. she has started his career - hence the few points. She is now 18years.