₦airaland Forum

Kazikazi:
Where are all looters in kenya getting the strength to loot?

Mkenya2019:
Min wage in Ghana is just 30 dollars? Mad men from Ghana - any explanation?

jl115:
only thing we don't agree on is privatisation which is a must for Eskom and South Africa

QueenNyakim:
The chart you posted is really vague.

Honestly, $30?!

You think most Ghanaians are toilet cleaners or something like India? Oh, nevermind. India doesn't have any toilets hence why they shit and piss in the Ganges river they bathe themselves in.

Kazikazi:
I support the idea of adding value,actually it have been discussed in various gov platforms in Tanzania and across the continent.

But sometimes Africans are too quick to generalise stuff and most Africans lack a deep knowledge of how mining works.

Take like coal. If we use this notion of saying we shouldn't give away without adding value,that means most of our coal will never be extracted. You can't add much value to coal.

Then you have a guy who has very little of gold. You can't build expensive refinery for a handful of gold.Uneconomical.

And again,having a harmonized mining laws will help to some extent but won't solve everything. That can only work for those minerals which Africa has more than the rest of the world,the mining companies won't have options but to abide by Africa's General mining laws. But to those minerals which we have less,mining companies will just opt to go dig somewhere else.

Industrialisation is not all about adding value to minerals.

QuietMynd:
You don't know wat u re talking about bro.
No industrialized nation developed by exporting raw materials only.
Adding value to product is the main export of industrialized nations.
Give them orange, they make orange juice from it and sell at triple the orange price.
Thats how to develop and create wealth and expertise.
Same goes for minerals, extract raw diamond, use it to make diamond jewelries and sell it x5 the original price like those luxury brands do.
Gucci will source lether in Nigeria and make luxury bag with it and sell back to Nigeria middle class at exorbitant price.

Pic: Nigeria leather industry, this is where American brands source their leather including Gucci.

QuietMynd:
You don't know wat u re talking about bro.
No industrialized nation developed by exporting raw materials only.
Adding value to product is the main export of industrialized nations.
Give them orange, they make orange juice from it and sell at triple the orange price.
Thats how to develop and create wealth and expertise.
Same goes for minerals, extract raw diamond, use it to make diamond jewelries and sell it x5 the original price like those luxury brands do.

Mkenya2019:
Airline industry as whole make losses almost every year. KQ is strategic for other reasons - including bringing in forex, taxes, supporting our horticulture and of course being Africa pride.

Before KQ flew from Accra to Senegal Dakar - you'd normally fly to Portugal - then come back dakar. Many countries in West Africa do that - transit through Europe. Very shameful.

Just30:
KQ is not a strategic asset.
Ghanaians were already flying Senegal route using AWA.

KQ brings in no forex to Kenya.... It even needs support every year to be able to pay for handling facilities outside of Kenya.

Mkenya2019:
Airline industry as whole make losses almost every year. KQ is strategic for other reasons - including bringing in forex, taxes, supporting our horticulture and of course being Africa pride.

Before KQ flew from Accra to Senegal Dakar - you'd normally fly to Portugal - then come back dakar. Many countries in West Africa do that - transit through Europe. Very shameful.

Just30:
KQ is not a strategic asset.
Ghanaians were already flying Senegal route using AWA.

KQ brings in no forex to Kenya.... It even needs support every year to be able to pay for handling facilities outside of Kenya.

Kazikazi:
Exactly, and what's funn though, the Ethiopians are at war,but they overtake kenya which is a at peace

gallivant:
Do you know of any commercial airline that made a profit in the last 3 years? You need KQ otherwise Ghanaians will be driving to Senegal in bad roads. KQ is an essential service, and the pride of Africa.

Mkenya2019:
They normally fly to Libson in Portugal then fly back to Senegal. Sometimes they even fly to London then back to Abuja.

gallivant:
Do you know of any commercial airline that made a profit in the last 3 years? You need KQ otherwise Ghanaians will be driving to Senegal in bad roads. KQ is an essential service, and the pride of Africa.

Kazikazi:
You are plain stupid.
Who is against adding value? What can't u read the whole post?
Africans are just talking for the sake of talking.

Am even surprised to see someone trying to lecture me about adding value while your own country can't do the same. Why can't u start at home, adding value to your cocoa and oil?

My point was simple.
Africa need to get somewhere where we have advantage over others and add value,but we shouldn't put a blanket rule. Even US do that too. They sell raw maize. Ukraine,Russia are busy selling raw sunflowers and wheat.

That's why u get a developed nation selling raw maize to Africa instead of exporting cornflakes or industrial starch.They make more money by selling maize in Africa than selling cornflakes.

It's about being smart than having a one rule for all

Mkenya2019:
Company that makes more than a billion dollar in revenues. KQ will be turned around soon - SAA partnership & Open Skies - represent great opportunity. Despite record oil prices - the bottomline dont look as bad. Top line still problematic.

—Revenue: +66.31% to 116.8B
—Losses Before Tax: -38.3B [2021: -16.0B]
—Losses After Tax: -38.3B [2021: -15.9B]
—Cash and Cash Equivalents: +58.1% to KES 9.6B
—Total Assets: +8.6% to KES 168.9 B

Just30:
less than a billion in revenue and end up spending more than 2 billion in expenses to keep it running.
That's what loss looks like

That's what matters

Mkenya2019:
World bank says a lot of things. You should learn to cite reference. Kenya GDP was 110B last in 2020 or 2021.

Mkenya2019:
Yes, maybe, I dont understand what you mean.
If you mean competition via privatisation then it wont work - esp for supply end.

Let me give you kenya example.
We have regulator.
We have gov owned transmission company owning the backbone - Ketraco
We have privatized generation - IPPS and majority owned Kengen (IPO for 30%) - we want to divest more.
We have privatized KPLC - monopoly supplier - gov has say as majority shareholder is NSSF (social pension scheme) - private sector own 49% -
So yes you can privatize almost everything except Transmission back-bone.
But you will have to be careful at supply end - to avoid private player - excluding unprofitable household.
Atlough you can separate that into gov owned social electricity company - kenya is thinking a long those lines - Rural electricity company - that will run more as subsidy.

Conclusion:
1) Get gov owned regulator, transmission backbone, and finally gov run mostly subsidized rural electricity company to deal with universal access
2) Privatize generation and supply.

Kazikazi:
You are plain stupid.
Don't go this route with me muppet, it's for ur own good.

Who is against adding value? What can't u read the whole post?
Africans are just talking for the sake of talking.
wat rubbish re talking about boy, wat makes u think i didnt read ur write up, you agreed exporting raw material is bad at first, then u later on in the same post encourage exporting raw material, who the hell would buy the finished goods from u when they can get the raw materials at cheaper price, when the receiving country already has machinery to make a superior product from the said raw material u sold them.

Am even surprised to see someone trying to lecture me about adding value while your own country can't do the same. Why can't u start at home, adding value to your cocoa and oil?
Nigeria is largest country in Africa with the highest industrial output in value term. Crack that first
My point was simple.
Africa need to get somewhere where we have advantage over others and add value,but we shouldn't put a blanket rule. Even US do that too. They sell raw maize. Ukraine,Russia are busy selling raw sunflowers and wheat.
you re nt smart, we talking mineral resources, he is talking agriculture, well that aside
who the hell use USA as a comparism, the most advanced nation on planet earth, is USA the underdevelop country or Africa, america that have almost needed by product of maize, he has multinationals like kellogs and others, these companies re even in ur country helping with agro processing.
That's why u get a developed nation selling raw maize to Africa instead of exporting cornflakes or industrial starch.They make more money by selling maize in Africa than selling cornflakes.
you have no point, america don't have shortage of cornflakes or starch, reason he can export raw corn and by the way raw corn can be eaten without transforming into something else.

It's about being smart than having a one rule for all
i cant see how this relate to the long ass gibberish u wrote up there
Let this be the last time u reply me with an insult, I will go hard on u next time, I don't have time for nonsense.
I will curse u straight up.

EnoAkpanOctober:
Land For Sale.

Location: Ajase (Kwara state). Suitable for factory, school, estate, farming.

1hr 15mins from the Ilorin Airport. The area has 17 hrs of power daily.

Secured Location. Very close to Ilorin-Kogi road, 5 mins from local market.

Price 550K per acre

jl115:
Nope Privatise the entire thing, if Government wants to supply electricity they can either keep a % of Eskom or sell it and start a new company to compete in the free market(similar to what you have suggested above) like with Denel and Telcom.

You have 0 actual examples where your suggestions work, where I can name several countries that have entirely privatised their electricity supply and have cheap and reliable electricity because of it. So how can you tell me it won't work when there are real world examples of it working fantastically.

FYI if Government is the largest shareholder then it hasn't been privatised

AfriqueDuZuid:
So world bank is not credible enough to you?

Just30:
less than a billion in revenue and end up spending more than 2 billion in expenses to keep it running.
That's what loss looks like

That's what matters

rvp20182:
So each company will build parallel networks going all directions? I can understand final mile privitisation; but the backbone has been owned by gov.

Name those countries.

rvp20182:
So each company will build parallel networks going all directions? I can understand final mile privitisation; but the backbone has been owned by gov.

Name those countries.

jl115:
why would they need to? They can buy it directly from Eskom?