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South Africa's Economy Falls To Third Behind Nigeria, Egypt - Politics (5) - Nairaland

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Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by 14(m): 12:13pm On May 13, 2016
LeSudAfricaine:
Lies Lies Lies, all in the name of making yourself feel better and Naija to look good, I grew up in Soweto. Soweto is arguably the most developed township in all of Africa and is not made of informal settlements. In South Africa there's a huge difference between a township and an Informal Settlement aka slums, yes there is constant electricity and constant water supply. Just to put things in perspective, Soweto is a tourism hostspot, Soweto has museums, the biggest Hopsital in Africa is situated in Soweto so is Africa's biggest football stadium, All the roads are tarred, number of sophisticated malls, restaurants etc, many of our celebrated people who can live anywhere have chosen to live in Soweto. If Soweto were to be in your country no doubt chances it would have been your capital city. I wonder why you people like talking about South Africa while you have no clue about thhe country, stop misleading people with your lies

True, SOWETO is not a slum. I dont know where do people get this thought about soweto being a massive slum, where poverty is the order of the day. In Soweto, there is 24hrs constant electricity, 24hrs constant water supply, all roads are tarred. If you have doubts, try this google streetview, www.vpike.com select south africa and go to Soweto. Tell me if you will fine a road that is not tarred.
http://www.vpike.com/?ci=953781&country=ZA

1 Like

Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by lexyclasy: 12:27pm On May 13, 2016
Dudeweedlmao:


If you look closely at that chart you will see that nigeria's economy started taking a downward slope from 2014.
Who was president then? Its not even jonathans fault. That was when oil started freefalling. It was literally out of our hands.
your brain need surgery
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by 14(m): 12:28pm On May 13, 2016
LeSudAfricaine:
Ofcourse there are poor in people in Soweto ,heck there are poor people in Paris. I'm disputing that Soweto is an Informal settlement, there is no constant electricity or water supply etc those are lies. Nigerians think Soweto is some kind of slum and they would be very suprised should they get to see it. Yes I do believe Soweto is beter than Lagos, Jos, Kaduna, Maiduguri etc

Thats true, Soweto is way better than Lagos.

http://www.vpike.com/?ci=953781&country=ZA

2 Likes

Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by Nobody: 12:36pm On May 13, 2016
junketer:
one percent my foot. A broke person living in soweto lives a better life than that billionaire that lives in lekki. The sowetan has 24hrs electricity,water, good roads from his door step to wherever, and all the other amenities u can think of. A lekki billionair only has comfort in his house by atleast using generator to power his house, drilling his own borehole for water and thats about it. Once he drives out of his gate with his bentley he must drive on the bad roads in lagos, get stuck in traffic jams for hours. Etc. Naija is messed up
lol dude, you are so ignorant... Stop using Johannesburg to judge south Africa.. South Africa is a giant shithole just like most countries in Africa..

They also have power problems and poor infrastructure..

1 Like 1 Share

Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by 14(m): 12:36pm On May 13, 2016
CaptainECole1:
its not lies bro... he said the truth. m come to Soweto and see for yourself

Why do people making stupid assumption on internet? we dont need to prove to you, you just have to google and find your answer, very simple.
http://www.google.co.za/search?q=aerial+view+of+soweto&client=ms-opera-mini-android&prmd=ivnsm&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjZl7LD-dbMAhVsKMAKHfimBjcQ_AUIBigB
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by MPSA(m): 12:39pm On May 13, 2016
The people of the most corrupt country in the world are talking, I am listing grin

3 Likes 1 Share

Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by EmekaBlue(m): 12:46pm On May 13, 2016
oldnews..they went to 3rd months ago
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by ZeeAfrica(f): 12:58pm On May 13, 2016
We can argue and fight with all our energy, but the truth still remains, as much as Nigeria got that stupid rank. Poverty in this country is real, and south African's can never even catch us with poverty even if they tried. South Africa is paradise compared to this shit in Nigeria. What are we doing with the claims that we are richer?. Guys lets go to SA and see their poor sides and compare to Nigeria's richest sides. truth still remains our country is bleeped up. Nigeria needs to wake up and stop being big headed for nothing

4 Likes

Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by 14(m): 1:00pm On May 13, 2016
OohLalah:


Save your energy bra! Who cares about this biggest economy nonsense when our living standards are close to the European and US? Don't we have Nigerians and Egyptian in millions struggling for our left overs while leaving their so called biggest economies behind? Do you know of any South Africans looking for greener pastures in the biggest economies like Nigeria and Egypt?

As for the rubbish spewed by this op, no need to refute what you know will not change. They can lie all they want okusalayo we are 100 light years ahead of them whether they like it or not and its not going to be changed by lies. Their lies jare just to make their suffering bearable.


Besides that, let them leave their currency to float and see whether they can remain at the top. Both these countries have a tight control over their currency, they peg their currency. for an example, Naira has been pegged to N200 to the $1, but in the parallel market its N320=$1, Egypt have also done the same, egyptian pound has been pegged at 8.85 =$1. South africa is the only country on the continent which keeps its currency float, this makes south africa to be globally competative and use their currency as a shock absorber, the rest are just an artificial economies, they cannot compete with south african economy in all spheres.

The so called 3rd biggest economy in africa still controls 80% of africa stork exchange, still has the biggest middle class, still has the biggest budget in the entire continent, is still the biggest investor in the entire continent, still produces 60% of electricity power of the entire continent.

2 Likes

Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by mmsen: 1:18pm On May 13, 2016
MetaHuman:
lol dude, you are so ignorant... Stop using Johannesburg to judge south Africa.. South Africa is a giant shithole just like most countries in Africa..

They also have power problems and poor infrastructure..


South Africa, the world’s rape capital:
http://www.unisa.ac.za/news/index.php/2013/02/south-africa-the-worlds-rape-capital/

Soweto
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by MPSA(m): 1:21pm On May 13, 2016
Nairalanders grin, Who can locate Nigeria(The giant of africa) from this map? Circle the map to show me where it is grin
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by mikolo80: 2:08pm On May 13, 2016
DesChyko:


A literate shouldn't make this kind of grammatical blunder. Look up the definitions of ignorant and illiterate and try to come up with an excuse for using the former as an adjective for the latter.
i hate writing so i no argue with you say i no sabi punctuation and parts of speech but i still get 70 in every english exam i've ever sat for.wetin you de get.
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by mikolo80: 2:11pm On May 13, 2016
DesChyko:


A literate shouldn't make this kind of grammatical blunder. Look up the definitions of ignorant and illiterate and try to come up with an excuse for using the former as an adjective for the latter.
BTW what is your suggestion, "illiterate ignorants"?
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by mikolo80: 2:27pm On May 13, 2016
malton:



Looks like you've made it a lifelong mission to litter the reverred nairaland with garbage!

Simpleton!
thank you.i just wonder the kind of education pipu are getting.and the mumu will go about telling pipu he is educated
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by mikolo80: 2:29pm On May 13, 2016
oduastates:
Nigeria need to get power supply sorted as soon as possible.
With power, we can actually give China, India and the rest a run for their money.
We cannot do it the south Korean way. What Nigeria can latch on to is outsourcing in manufacturing( especially textiles), IT services, telesales and customers services.
why not.crony capitalism works just fine in korea and will actually be the fastest most feasible way out for us cos looters will make the money work for the economy indirectly.it's not pretty but it's waaaaay better than loosing all that lovely lolly to foreign economies
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by OohLalah(f): 2:39pm On May 13, 2016
14:


Besides that, let them leave their currency to float and see whether they can remain at the top. Both these countries have a tight control over their currency, they peg their currency. for an example, Naira has been pegged to N200 to the $1, but in the parallel market its N320=$1, Egypt have also done the same, egyptian pound has been pegged at 8.85 =$1. South africa is the only country on the continent which keeps its currency float, this makes south africa to be globally competative and use their currency as a shock absorber, the rest are just an artificial economies, they cannot compete with south african economy in all spheres.

The so called 3rd biggest economy in africa still controls 80% of africa stork exchange, still has the biggest middle class, still has the biggest budget in the entire continent, is still the biggest investor in the entire continent, still produces 60% of electricity power of the entire continent.


You are talking to desperados bra, they won't accept the truth even if it slaps them right between their eyes. They are into talking big and living crappy. As long as they pretend to be the "biggest" anything in Africa. Ego is their currency to life with nothing to show for. Its sad really if you think about it.
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by vivaciousvivi(f): 2:44pm On May 13, 2016
TippyTop:
Jonathan made Nigeria the richest country in Africa, Buhari is currently reversing it.
Children like you only reason in Black and White. Without a doubt, u clearly didn't understand the article. I am also sure u don't even know the meaning of Nominal GDP. Such sillyness. lipsrsealed
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by mikolo80: 2:48pm On May 13, 2016
junketer:
one percent my foot. A broke person living in soweto lives a better life than that billionaire that lives in lekki. The sowetan has 24hrs electricity,water, good roads from his door step to wherever, and all the other amenities u can think of. A lekki billionair only has comfort in his house by atleast using generator to power his house, drilling his own borehole for water and thats about it. Once he drives out of his gate with his bentley he must drive on the bad roads in lagos, get stuck in traffic jams for hours. Etc. Naija is messed up
he rides a 4 x 4 that does'nt know bad road and the sowetan is hungry cos no job so no go slow(if he had somewhere to go he would als o enter the go slow
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by LeSudAfricaine: 2:52pm On May 13, 2016
forghon:
a billionaire in nigeria can by ur whole soweto and d pple inclusive
Ultimately your point is as useless as a used condom

1 Like

Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by mikolo80: 2:57pm On May 13, 2016
14:


Besides that, let them leave their currency to float and see whether they can remain at the top. Both these countries have a tight control over their currency, they peg their currency. for an example, Naira has been pegged to N200 to the $1, but in the parallel market its N320=$1, Egypt have also done the same, egyptian pound has been pegged at 8.85 =$1. South africa is the only country on the continent which keeps its currency float, this makes south africa to be globally competative and use their currency as a shock absorber, the rest are just an artificial economies, they cannot compete with south african economy in all spheres.

The so called 3rd biggest economy in africa still controls 80% of africa stork exchange, still has the biggest middle class, still has the biggest budget in the entire continent, is still the biggest investor in the entire continent, still produces 60% of electricity power of the entire continent.
now imagine what will happen when our stock exchange decides to harness that economy and organise the finances properly and when we eventually decide to fix power problems.southy will look like an outpost
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by junketer(m): 2:57pm On May 13, 2016
mmsen:


A broke person in Soweto lives in poverty, often times around drunkards, habitual drug users and criminals - those who have been abused at home, mistreated at school and probably victimized by the police.

And no, they do not have constant electricity, partly because many of these townships are informal settlements, there's no way of metering many of these homes but also because South Africa has its own energy problems. Nor do they have constant water supply.

Besides, all those things cost money so how does one without money pay for services that cost?
u mistake soweto for something else. Soweto is a well planned townships with malls and like i said all the basic amenities. It also has baragwanath which is the biggest hospital in africa. All those shacks u see are not soweto.
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by mikolo80: 2:57pm On May 13, 2016
14:


Besides that, let them leave their currency to float and see whether they can remain at the top. Both these countries have a tight control over their currency, they peg their currency. for an example, Naira has been pegged to N200 to the $1, but in the parallel market its N320=$1, Egypt have also done the same, egyptian pound has been pegged at 8.85 =$1. South africa is the only country on the continent which keeps its currency float, this makes south africa to be globally competative and use their currency as a shock absorber, the rest are just an artificial economies, they cannot compete with south african economy in all spheres.

The so called 3rd biggest economy in africa still controls 80% of africa stork exchange, still has the biggest middle class, still has the biggest budget in the entire continent, is still the biggest investor in the entire continent, still produces 60% of electricity power of the entire continent.
now imagine what will happen when our stock exchange decides to harness that economy and organise the finances properly and when we eventually decide to fix power problems.southy will look like an outpost of africa
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by GambaOsaka: 3:00pm On May 13, 2016
skywalker001:
****. Do u wanna compare the worth of crude oil in parallel market then to how much it is now. I can see your hand works faster dan ur brain... Grow up kid and stop hating

Chai.... see knock out.
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by igwegeorgiano(m): 3:01pm On May 13, 2016
mod, submitt all comments to my secretary for screening and onward transfer to mr president's office. i shall be back when am thru with meeting all agrieved groups in da country. thank you.
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by mikolo80: 3:01pm On May 13, 2016
junketer:
u mistake soweto for something else. Soweto is a well planned townships with malls and like i said all the basic amenities. It also has baragwanath which is the biggest hospital in africa. All those shacks u see are not soweto.
yet na d shacks we know
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by bennymark(m): 3:04pm On May 13, 2016
junketer:
Naija is messed up


Just as you are messed up too
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by macaranta(m): 3:05pm On May 13, 2016
Okay
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by OohLalah(f): 3:07pm On May 13, 2016
mikolo80:
now imagine what will happen when our stock exchange decides to harness that economy and organise the finances properly and when we eventually decide to fix power problems.southy will look like an outpost of africa

Good! Now shut up we are talking and call us back when all of the above happens. We re not competing with dreams. tongue

1 Like 1 Share

Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by junketer(m): 3:10pm On May 13, 2016
OohLalah:


Save your energy bra! Who cares about this biggest economy nonsense when our living standards are close to the European and US? Don't we have Nigerians and Egyptian in millions struggling for our left overs while leaving their so called biggest economies behind? Do you know of any South Africans looking for greener pastures in the biggest economies like Nigeria and Egypt?

As for the rubbish spewed by this op, no need to refute what you know will not change. They can lie all they want okusalayo we are 100 light years ahead of them whether they like it or not and its not going to be changed by lies. Their lies jare just to make their suffering bearable.

read my first post on page one. I started this. I'm a nigerian but i live in south africa. U can't compare the two countries. Infact it is an insult to south africa if u try to compare it to nigeria. South africa is 1million times better than nigeria. Its only the nigerians who have never left nigeria that keep saying otherwise.

3 Likes

Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by GambaOsaka: 3:11pm On May 13, 2016
MPSA:
Nairalanders grin, Who can locate Nigeria(The giant of africa) from this map? Circle the map to show me where it is grin

And you think your image is funny, right?
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by junketer(m): 3:15pm On May 13, 2016
mmsen:



South Africa, the world’s rape capital:
http://www.unisa.ac.za/news/index.php/2013/02/south-africa-the-worlds-rape-capital/

Soweto
this is not soweto. These kinds of shacks are not in soweto. This picture is that of a slum.
Re: South Africa's Economy Falls To Third Behind Nigeria, Egypt by MPSA(m): 3:15pm On May 13, 2016
GambaOsaka:


And you think your image is funny, right?

Sir! Tell me, what is wrong with my image? grin

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