₦airaland Forum

rvp2018:
First Learn English and I may understand what you're saying.
Forex are sold like tomatos in Makola market by women there while trying to turn some marginal profit.
The sellers buy low from farmers and try to sell high to customers.

The price is really not constant; you negotiate based on how much you're buying or selling.

To get the prevailing exchange rate - is basically the mean of buys and sells.

If you're selling dollars - your bank will buy low. If you are buying - they will sell high. The difference is their profit.

The exchange rate is generally indicative of mean of buys and sells but everyone buys at almost different exchange rate.

indeed you are a poor student .

jl115:
next time stay in your lane and know your role....

Shut up, hunter

Shma2022:
Basing on what, QoL? For f*ckin sake, rest!

https://www.lboro.ac.uk/microsites/geography/gawc/

Accra is a fourth-tier city according to the global research institute. Nairobi, Capetown, and Casablanca in the same class --- closely followed by Lagos. Cairo and Joburg are in the same 1st class lower.

https://www.spottedbylocals.com/blog/alpha-beta-and-gamma-cities/

Do you understand what these rankings mean? Your do you just post it for the fun?

rvp2018:
What do they teach you in Ghana school;
Not English? Not logic? Not Economics.
Why are exactly are spending money to finance an education system that output idiots like you.
The exchange rate is median btw buys and sells;

Kenya Shilling Slides To Ksh.123 Mark Against The U.S Dollar
https://www.citizen.digital/business/kenya-shilling-slides-to-ksh123-mark-against-the-us-dollar-n311267

keep confusing yourself with things you don't understand

vaxx:
this is the illiteracy I am taking about ? A stupid individual like you is written my word back to me as if he is making sense , you are only repeating the same thing I let you know. Fool. There is a benchmark price that your national banks value your currency when compared with dollars ( that is the amount she will sell it to the banks or other regulated agency ) and your banks will make a profit margin when trading it hence the reason you can't get it 123 the same price your national bank will sell it to your bank.


You monkey

He's learning by each comment

Shma2022:
Cairo economy is nearly twice Joburg, That's one.
On Infrastructure development index ; Egypt thrushes South Africa by far.
Problemchild1, continue.

When did I say Johannesburg has a bigger economy? Cairo has 4 times the population of Joburg.

Also infrastructure? Where's Egypt?

https://lpi.worldbank.org/international/global

https://cms.law/en/int/publication/cms-infrastructure-index-2021/africa

https://gqii.org/

ProblemChild1:
Shut up, hunter

don't think I will

QOL - ranks stuff like political stability and democracy - gay rights - and that is where Egypt will score poorly - and South Africa will win - but everyone knows Joburg is crime capital, rape capital, drug capital and now even electricity & water are no longer assured.

Be afraid of the dangers of one story.

It reeks of desperation to always have one index like DESPERATE Tanzanian.

One of my favourite Nigerian - this very brilliant writer - she talks about the danger of single story. You need to widen your horizon - and you'll see many cities in last two decades have left South Africa - Dubais, Qatars, Chinese cities.

These chinese and middle east cities will score zero for democracy - but when it come to infrastructure, housing, transport - they are WORD CLASS - better than any city in the world.


https://www.youtube.com/watch?v=D9Ihs241zeg

South Africa cities are slowly become just another SSA city - without basic services with crime out of hand - and that is very clear to me. Nairobi on the other hand is growing very rapidly.

jl115:
All that investment and its still a sh1t place to live.... Almost as sh1t as Nairobi......

So tell me why are our cities nearly a 100 places ahead of Cairo in terms of QOL??

Not just that if we look at infrastructure our cities also rank considerably higher...

Just30:


He's learning by each comment

I can't just imagine , he is written my word back to me as if he is making sense . I just lectured him he can't get the dollar anywhere in Nairobi for 123 because that is the benchmark price and business will have to make profits . Instead of him to swallow his pill of ignorance , he prefer to paraphrase my words and wrote it back to me . I just don't get what the understanding mean . Very daft and stupid of him.

We are making progress; after five years; you've now discovered other indices out there;

jl115:
When did I say Johannesburg has a bigger economy? Cairo has 4 times the population of Joburg.

Also infrastructure? Where's Egypt?

https://lpi.worldbank.org/international/global

https://cms.law/en/int/publication/cms-infrastructure-index-2021/africa

https://gqii.org/

Stop gossiping. It's not manly. Learn to stand on your ground. Your argument should stand on their own feet. You dont need a mad man to prop you. It wont help you case. It makes it even more dire.

And both of you should learn some English. It's hard enough following the messed-up logic.

vaxx:
I can't just imagine , he is written my word back to me as if he is making sense . I just lectured him he can't the dollar anywhere in Nairobi for 123 because that is the benchmark price and business wi have to make profits . Instead of him to swallow his pill of ignorance , he prefer to paraphrase my words and wrote it back to me . I just don't get what the understanding mean . Very daft and stupid of him.

rvp2018:
Stop gossiping. It's not manly. Learn to stand on your ground. Your argument should stand on their own feet. You dont need a mad man to prop you. It wont help you case. It makes it even more dire.

And both of you should learn some English. It's hard enough following the messed-up logic.

swallow your pill of ignorance , you are not making sense . You knows nothing .

rvp2018:
QOL - ranks stuff like political stability and democracy - gay rights - and that is where Egypt will score poorly - and South Africa will win - but everyone knows Joburg is crime capital, rape capital, drug capital and now even electricity & water are no longer assured.

Be afraid of the dangers of one story.

It reeks of desperation to always have one index like DESPERATE Tanzanian.

One of my favourite Nigerian - this very brilliant writer - she talks about the danger of single story. You need to widen your horizon - and you'll see many cities in last two decades have left South Africa - Dubais, Qatars, Chinese cities.

These chinese and middle east cities will score zero for democracy - but when it come to infrastructure, housing, transport - they are WORD CLASS - better than any city in the world.


https://www.youtube.com/watch?v=D9Ihs241zeg

South Africa cities are slowly become just another SSA city - without basic services with crime out of hand - and that is very clear to me. Nairobi on the other hand is growing very rapidly.

This is what QOL ranks .. you can learn a thing or 2 and improve

electricity
water
Roads
public transportation
traffic congestion
medical supplies and services
infectious diseases
sewage
waste disposal
air pollution
standards and availability of schools
restaurants
theatres
cinemas
sports and leisure
availability of food/daily consumption items, cars
Improve Housing
Improve household appliances availability,
furniture availability,
Improve infrastructure maintenance services

Which QOL and by which org. I rather you stick to your school yard pranks.

Economist Intelligence Unit uses these indicators

The nine quality-of-life factors, and the indicators used
to represent these factors, are:
1. Material wellbeing
gdp per person, at ppp in $. Source: Economist Intelligence
Unit
2. Health
Life expectancy at birth, years. Source: us Census Bureau
3. Political stability and security
Political stability and security ratings. Source: Economist
Intelligence Unit
4. Family life
Divorce rate (per 1,000 population), converted into index
of 1 (lowest divorce rates) to 5 (highest). Sources: un; Euromonitor
5. Community life
Dummy variable taking value 1 if country has either high
rate of church attendance or trade-union membership; zero
otherwise. Sources: ilo; World Values Survey
6. Climate and geography
Latitude, to distinguish between warmer and colder climes.
Source: cia World Factbook
7. Job security
Unemployment rate, %. Sources: Economist Intelligence
Unit; ilo.
8. Political freedom
Average of indices of political and civil liberties. Scale of 1
(completely free) to 7 (unfree). Source: Freedom House
9. Gender equality
Ratio of average male and female earnings, latest available

And Mercer QOL - is mainly for expats living in a country

The total index is based on the following categories:

Consumer goods
Economic environment
Housing
Medical and health considerations
Natural environment
Political and social environment
Public services and transport
Recreation
Schools and education
Socio-cultural environment

Just30:
This is what QOL ranks .. you can learn a thing or 2 and improve

electricity
water
Roads
public transportation
traffic congestion
medical supplies and services
infectious diseases
sewage
waste disposal
air pollution
standards and availability of schools
restaurants
theatres
cinemas
sports and leisure
availability of food/daily consumption items, cars
Improve Housing
Improve household appliances availability,
furniture availability,
Improve infrastructure maintenance services

Many people are seeing Nairobi preminence as Africa capital


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

rvp2018:
Many people are seeing Nairobi preminence as Africa capital


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

Africa Capital in what sense?
You're neither the economic power house
Or military power house. In both you come 10th or far top 20
There's nothing you rank first or even 3rd in Africa. How exactly do you want to become Africa Capital?

Loss making business.

rvp2018:
QOL - ranks stuff like political stability and democracy - gay rights - and that is where Egypt will score poorly - and South Africa will win - but everyone knows Joburg is crime capital, rape capital, drug capital and now even electricity & water are no longer assured.

Be afraid of the dangers of one story.

It reeks of desperation to always have one index like DESPERATE Tanzanian.

One of my favourite Nigerian - this very brilliant writer - she talks about the danger of single story. You need to widen your horizon - and you'll see many cities in last two decades have left South Africa - Dubais, Qatars, Chinese cities.

These chinese and middle east cities will score zero for democracy - but when it come to infrastructure, housing, transport - they are WORD CLASS - better than any city in the world.


https://www.youtube.com/watch?v=D9Ihs241zeg

South Africa cities are slowly become just another SSA city - without basic services with crime out of hand - and that is very clear to me. Nairobi on the other hand is growing very rapidly.

another long monologue that says very little.... I said show me an index that puts Cairo ahead of Joburg be it in QoL or infrastructure , its a simple request.

rvp2018:
Which QOL and by which org. I rather you stick to your school yard pranks.

Economist Intelligence Unit uses these indicators

The nine quality-of-life factors, and the indicators used
to represent these factors, are:
1. Material wellbeing
gdp per person, at ppp in $. Source: Economist Intelligence
Unit
2. Health
Life expectancy at birth, years. Source: us Census Bureau
3. Political stability and security
Political stability and security ratings. Source: Economist
Intelligence Unit
4. Family life
Divorce rate (per 1,000 population), converted into index
of 1 (lowest divorce rates) to 5 (highest). Sources: un; Euromonitor
5. Community life
Dummy variable taking value 1 if country has either high
rate of church attendance or trade-union membership; zero
otherwise. Sources: ilo; World Values Survey
6. Climate and geography
Latitude, to distinguish between warmer and colder climes.
Source: cia World Factbook
7. Job security
Unemployment rate, %. Sources: Economist Intelligence
Unit; ilo.
8. Political freedom
Average of indices of political and civil liberties. Scale of 1
(completely free) to 7 (unfree). Source: Freedom House
9. Gender equality
Ratio of average male and female earnings, latest available

And Mercer QOL - is mainly for expats living in a country

The total index is based on the following categories:

Consumer goods
Economic environment
Housing
Medical and health considerations
Natural environment
Political and social environment
Public services and transport
Recreation
Schools and education
Socio-cultural environment

Mercer

Shaytun:


Loss making business.

it's the right thing to do... Bleeding money for 10 years does not make sense

GeneralDae:
What are your perspectives on the issues between Ghanaian and Burkinabe Governments @Just30, vaax, vankelvn??

Very stupid of him
I don't know what he was thinking in the first place. If there is any country that has solid Intel about other countries it should be US.
Why would an old President like him try to betray a neighboring country? for what exactly?

Last month was the foreign Minister who issued some statement about Abuja and was highly condemned for that and today it's the President himself doing same about Burkina Faso.

Shaytun:


Loss making business.

this is a good thing

rvp2018:
We are making progress; after five years; you've now discovered other indices out there;

I've posted these sources before....just consult the archives

Shaytun:


Loss making business.

Where are the K-nyansh guys on this platform
As we've always told you, better we not have a national airline than to have a useless non profiting Airline like Kenyan Air. Primitives

jl115:
this is a good thing

Exactly.

Government have no business holding management right in an entity.

rvp2018:
Many people are seeing Nairobi preminence as Africa capital


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

stop fooling yourself . Nairobi is not the only part of kenya. Though, it even suck.

Why is there no single international airport in your northern part, No stable electricity in northern kenya , No single interchange in northern kenya. There are more setbacks as well. But let's limit it to this item .

if you want to know how developed an africa country look like , Ask for their northern development. people overlook it too much.

Too many people in your northern county will be consider as slaves in Ghana .

Shaytun:


Loss making business.

We said this on the other thread. The only thing keeping that bird in the sky is pride.

I wonder why it's so hard for Africans to run airlines profitably. Government officials usually fly with their families without paying when using government owned airlines.

jl115:
Do you understand what these rankings mean? Your do you just post it for the fun?

No, I don't.

I just posted them for fun.

But I believe the information contained in the description is way above a deranged fathomable ability. Or reading and grasping the content goes beyond the capacity of a glaucoma-affected eye.

Nevertheless, since you know better, go ahead and decompound it for us, Mr know it all.

...

jl115:
When did I say Johannesburg has a bigger economy? Cairo has 4 times the population of Joburg.

Also infrastructure? Where's Egypt?

https://lpi.worldbank.org/international/global

https://cms.law/en/int/publication/cms-infrastructure-index-2021/africa

https://gqii.org/

Go and check AIDI report. This is a summary from Statista.

https://www.statista.com/statistics/1198287/africa-infrastructure-development-index-by-country/#:~:text=In%202021%2C%20Seychelles%20was%20the,88.74%20and%2083.62%20points%2C%20respectively.

Where is South Africa?

Excuses after excuses! Do you believe Cairo's nominal GDP is way above Joburg's? I know you didn't say, but that's one among many indexes where Cairo smashes Joburg.

But from your source, do you believe Kenya only comes second to South Africa in the Quality infrustraructire index?
THANKS FOR BRINGING THAT SOURCE!

It's better than QOL --- in the aspect of the most dynamic cities.

jl115:
When did I say Johannesburg has a bigger economy? Cairo has 4 times the population of Joburg.

Also infrastructure? Where's Egypt?

https://lpi.worldbank.org/international/global

https://cms.law/en/int/publication/cms-infrastructure-index-2021/africa

https://gqii.org/

LPI report is also amazing. Do you see Kenya?

jl115:
When did I say Johannesburg has a bigger economy? Cairo has 4 times the population of Joburg.

Also infrastructure? Where's Egypt?

https://lpi.worldbank.org/international/global

https://cms.law/en/int/publication/cms-infrastructure-index-2021/africa

https://gqii.org/

Before you justify the validity and methodology of this source, do you believe that Kenya is the only country after Egypt and South Africa with the highest quality infrastructure in Africa?