₦airaland Forum

English comprehension. They denied a report of full merger. KQ and SAA formed a partnership - a very common thing in airlines. Previously KQ had partnership with KLM and Air France. What is SAA compared to KLM? We are not desperate for them - we had strategic partnership with KLM - but they have given up on injecting new capital - and we are now free to look for new partners.

Now full merger? Who will be acquiring who? Definitely as we speak it
1) ET
2) KQ
3) SAA - belly up and trying to crawl - they need KQ

samorobo:
You tell me,I am just stating what is out there on the net.

In a single year we invested 1 billion dollars in Ethiopia. We are again - 2nd to South Africa - in investing. Now we are putting our money in DRC.

samorobo:
But bigger than your total fdi in that year.

Mind you tgat fir a single project ,so yeah go figure.

How can bankrupt belly up SSA airline flying to Maputo and few such destination reject KQ - flying to 50 plus destinations.

Angola
Luanda (LAD)

Benin
Cotonou (COO)

Botswana
Gaborone (GBE)

Burkina Faso
Ouagadougou (OUA)

Burundi
Bujumbura (BJM)

Cameroon
Douala (DLA)

Yaounde (NSI)

Central African Republic
Bangui (BGF)

Chad
N'Djamena (NDJ)

China
Guangzhou (CAN)

Comoros
Moroni (HAH)

Djibouti
Djibouti (JIB)

DR Congo
Lubumbashi (FBM)

Kinshasa (FIH)

Kisangani (FKI)

Egypt
Cairo (CAI)

Equatorial Guinea
Malabo (SSG)

Ethiopia
Addis Ababa (ADD)

France
Paris (CDG)

Gabon
Libreville (LBV)

Ghana
Accra (ACC)

Hong Kong
Hong Kong (HKG)

India
Mumbai (BOM)

Delhi (DEL)

Ivory Coast
Abidjan (ABJ)

Kenya
Kisumu (KIS)

Lamu (LAU)

Mombasa (MBA)

Malindi (MYD)

Nairobi (NBO)

Liberia
Monrovia (ROB)

Madagascar
Antananarivo (TNR)

Malawi
Lilongwe (LLW)

Mali
Bamako (BKO)

Mauritius
Mauritius (MRU)

Mayotte
Dzaoudzi/Mamoudzou (DZA)

Mozambique
Nampula (APL)

Maputo (MPM)

Netherlands
Amsterdam (AMS)

Nigeria
Lagos (LOS)

Oman
Muscat (MCT)

Republic of the Congo
Brazzaville (BZV)

Rwanda
Kigali (KGL)

Saudi Arabia
Jeddah (JED)

Senegal
Dakar (DKR)

Seychelles
Victoria (SEZ)

Sierra Leone
Freetown (FNA)

South Africa
Cape Town (CPT)

Johannesburg (JNB)

Sudan
Juba (JUB)

Khartoum (KRT)

Tanzania
Dar es Salaam (DAR)

Kilimanjaro (JRO)

Zanzibar (ZNZ)

Thailand
Bangkok (BKK)

Turkey
Istanbul (IST)

Uganda
Kampala (EBB)

United Arab Emirates
Dubai (DXB)

United Kingdom
London (LHR)

Zambia
Lusaka (LUN)

N'Dola (NLA)

Zimbabwe
Harare (HRE)

How can they reject a airline that flies to 50 destinations - when they are starting from the scratch.

South African Airways announced last month that it had set a date (September 23rd) to resume operations. True to its word, SAA will relaunch today after a year of inactivity and almost 18 months without a commercial flight.

The carrier will initially offer flights from Johannesburg to Cape Town, Accra, Kinshasa, Harare, Lusaka and Maputo.

samorobo:
But they rejected you like a plague,must be shameful and embarrassing. Just imagining how you took your ass back to Kenya empty handed.

SA is a failure...we are still flying. We signed a strategic partnership. Not a merger. Code sharing and all that.

samorobo:
Stop making noise.you went to SA fir a merger and they rejected you like diseased person. No one want to associated with failure.

600M dollars is too small for Nigeria.

samorobo:
You are a fool. This happened in 2020 amidst COVID.now tell me did Kenya get up to $600m fdi in the year 2020.And pls bear in mind that this is just for a single project,they are other projects/sector that guzzled investment as well.

I repeat our non-oil fdi is bigger than your entire annual fdi,Facts.


Managing Director of African Industries Group of Companies, Mr. Alok Gupta, Monday, said the company’s $600 million Integrated Steel Plant will be Nigeria’s biggest non-oil foreign direct investment, FDI.

That road plus brt will fix Nairobi major problem - traffic jams - once that is fixed - Nairobi will attract more investments, visitors and tourist. We need to double down on such investment - because Nairobi has economies of location working for it - and will overtake Joburg as the Africa HQ.

Shma:
People are still stuck in the old fashion. The kind of development going in Kenya is quite mind-boggling.

It was already done - and the result - kenya is africa largest non-mineral economy - a well diversified liberalized economy that has grown non stop since 2003 - and will grow at same pace if not more for more years. It's the trick you will not get.

GeneralDae:
rvp2018 do you want us to compare the non resource sectors of Kenya to the top 5 countries on that list?

Nigeria Oil curse. A well studied subject. Kenya is doing very very well with sustainable growth from non-mineral sectors. We aint going to stop growing

GeneralDae:
@ the bolded. Why not speak of what you know? Do you know how many Nigerians possess oil wells? How can you say it makes mostly foreigners rich? Are you speaking of Shell, Chevron, and Total?
I agree though that more investments aside resources have to be made but even if we compare non resource investments, do you think Kenya comes close to any of these top ten countries on the list? aside probably Algeria?

Dream on. In Subsahara Africa - KQ is now 2nd to Ethiopia - after SA went belly up.
KQ's subsidiaries like Precision Air or JamboJet - beat your useless airline.
Airline business is not owning jets - you can lease them - it's the entire operation that need to work like a clockwork
Something you lazy dull Tanzanians CANNOT HACK

Kazikazi:
Uhuru went to SA seeking a merger with SAA. But unfortunately, the SAA realized you own only 3 old planes. Now SA dont want a merger with KQ.How could someone with 50 planes merge with a poor man of only 3 planes? Who would've accepted that bullshit?

What Kenya was doing was madness. You were just looking for someone to drown with since you can't swim,you decided to hold on the feet of someone hoping you will survive the imminent death from tough waters which are ruled by big boys ( air TZ,Rwandair,Ethiopians, etc)

The right kind of investment - we need more of these from Chinese and the likes.

Shma:
This is what we call development. Lagos should learn.


https://www.youtube.com/watch?v=PAP4wvkLnVU

We are attracting the right FDI - you're poster child of what is now called Nigeria Oil curse. The FDI you're attracting is more harmful than receiving nothing.

Africa needs to attract more non-resource based FDI: FDI in Africa is concentrated in
natural resource (Asiedu et al., 2015b). Furthermore, natural resources have a direct and indirect
effect on FDI. Specifically, there is an extensive literature that shows that natural resources have
an adverse effect on economic growth (i.e., the natural resource curse literature).

68816419:
Most Kenyans have Delusional Disorder, they cant actually tell between what is real from what is imagined.

6) Blocking kenya investment in hotels and accomodation - and more importantly Kenya WORLD CLASS MOST SOUGHT AFTER KENYA UTALLI COLLEGE graudate - running hotels worldwide - almost as good as the Swiss. Even in Ghana - their useless hotel industry is hiring kenyans.

Since its inception Kenya Utalii College has grown in size and scope to become the prestigious institution of international repute that it is today. We are internationally recognized as a center of academic excellence in hotel and tourism training.

Established 28 years ago, the College has trained close to 25, 000 students both in full and part time course programs. The above number includes both local and foreign students coming from over 40 countries.

Kazikazi:
Ghana has a government which wants the AA to come back home. But our TZ gv don't care about it,they want them to come as real investors and pay just the same way the whites pay.That's a hindrance which many AA face when they wanna settle in TZ.If it wasn't for tough immigration laws, Tz could've pulled all AA to TZ.
Again, our same outdated styled gov don't have a clue on how to run tourism industry. Egypt which has fewer tourist attractions than Tz receives over 10 million visitors. While TZ is around 2m.It is sad considering we have more tourist attractions than anyone else in Africa.

Some of the glitches we have in TZ tourism industry are..
1. High costs
2.Lack of better infrastructure & modernization
3.Unproffessionalism
4.Poor marketing
5.Stupid police and immigration officers who are busy extort money from the same few tourists we manage to get

I know you're ignorant - Egypt has big oil and gas industry. Half the FDI is invested in that sector.
FDI that is lagging in Africa - is non-mineral fdi - investment in manufacturing, services and agricluture - that can really turn around economies - and provide employment.Otherwise dont go further than Nigeria to see how all that Oil and Gas has contributed little except make a few rich - mostly foreigners.


Africa needs to attract more non-resource based FDI: FDI in Africa is concentrated in
natural resource (Asiedu et al., 2015b). Furthermore, natural resources have a direct and indirect
effect on FDI. Specifically, there is an extensive literature that shows that natural resources have
an adverse effect on economic growth (i.e., the natural resource curse literature)

GeneralDae:
What of Egypt?

South Africa is the saudi arabia of minerals.

GeneralDae:
Where is the FDI. You said after South Africa, you are next? but South Africa is still up there as number 3 and you are not even 10th on the list. So where are the investments?

South African airways is worse position than KQ. They have gone belly up. KQ has never stopped flying since 1963 - or 1978 when East African Ariline gave way to regional airlines.

As for Tanzania - you're hopeless.

KQ still own your precision air

Kazikazi:
Gallivant gallivant my son

South Africa don't want you. You smell poverty

Mineral resources FDI. Kenya is key source of FDI in Africa. After South Africa - we are next who sent investment to Africa.

GeneralDae:
So Kenya is not even top ten? They haven't received a quarter of what Nigeria has received in FDI, yet they have the guts to speak about Nigerian FDI? So funny.

Nairobi is well planned city - something slumpolis of WAn can only dream of

Alaro is by Tatu city - and most of stuff happening there are from kenyan companies. Konza has been slow - no doubt - because it still a gov project - but it's unique city - a technopolis - not just any other city.

68816419:
Boss, konza can never be completed, Konza were announced on June 10, 2008, as part of Vision 2030 and nothing tangible has been recorded, Nigeria's recently embarked new city tagged "Alaro city" has more infrastructures and building than Konza and Tatu cities combined
here is an extract from one Kenya's best writer and reporter

1 JUNE 2021 • NAIROBI, KENYA
". On either side of the road, a cacophony of ranches, mile after mile. Most of these are white-owned or formerly white-owned, the hinterland of an enduring colonial presence. Cows graze forlornly in the distance. I miss the turn to Konza, as there is nothing to suggest a city here. Only once I’ve driven past it do I recognize the complex where the Konza Technopolis Development Authority (KoTDA) is located. It is the only building for kilometers around taller than one story .

At the main gate, there are security measures: a look into the car, a mysterious mirror thrust aggressively underneath its chassis, a demand for identification, and the temperature checks and dabs of sanitizer that have become a permanent part of security ritual. Then I drive up to the KoTDA headquarters. All around are workers in hard hats, trucks filled with sand, excavators, and the other normal detritus of construction sites. This is the headquarters of the so-called Silicon Savannah By the looks of the Konza Technopolis Development Authority, there’s little to indicate that 13 years have gone by since the launch of what was first trumpeted by the Kenyan government in 2008 as being the future “best-planned” city in Africa. With promises of mass job creation and investors “trooping in,” Konza City’s
groundbreaking was meant to be a source of national pride and a marker of progress — a sign that Kenya was on the cutting edge of global tech. "

https://restofworld.org/2021/the-failed-promise-of-kenyas-smart-city/

Shma:
Let's try tech startup concentration. don't speak as of though Nigeria is many years ahead

Invest more in ICT, I've looked at your stats and they are wanting.

https://www.statista.com/chart/24911/vc-investment-by-country-in-africa/

any fool investing in Nigeria will soon lose their shirt.. nothing works there ..not even electricity or security or internet..soon like MTN n DStv discovered their broke gov will charge your an arm n leg in fake backdated taxes and penalities.You have to be total nuts to invest in Nigeria outside oil and gas

Shma:
Don't be ignorant. Information is all over the internet.

Over the past few years South Africa, Kenya and Nigeria have become hubs of start-up creation. In 2019, Nigeria raked in $663.24 million worth of start-up investments, followed by Kenya and South Africa. But when it comes to the trend in shutdowns, Nigeria experienced more shutdowns at 61.05 percent as compared to the other two .

Nigeria is tough place to do business...I pity investor who don't do a through job...they will lose money and smear Africa

68816419:
Ok, The introduction of Lagos Integrated Rail Transport System will reduce considerably, the amount of traffic on the road at any given time, thereby reducing drastically the constant traffic congestion on the roads because they are very convenient and comfortable to travel on. Since they are cheaper than regular commercial buses, taxis or driving a private car, people naturally would prefer to travel in them. They are also faster than other forms of road transportation. This would be a welcome relief to those with car, LRT has an exclusive right of way hence the issue of traffic congestion is completely ruled out. Since it’s six times faster than the automobile or regular commercial bus, passengers would reach their destination and back in little or no time.
For instance, Lagos BRT system Ikorodu and Mile 12 have Some positive impacts

yes that better.. reducing travel time by 30mins is great.. otherwise integrated means nothing...Lagos has to think about moving millions like Tokyo city.. because that many people in Lagos deserve to move fast

68816419:
Industrialization of Nigeria is slow but certain
IMOTA RICE MILL TO START PRODUCTION FIRST QUARTER 2022- : Africa's largest RIce Mill
•Governor tours project site, shows excitement at progress
Barring any exigency, the 32-metric tons per hour Rice Mill being constructed by Lagos State Government in Imota area of Ikorodu division will start operations before end of first quarter in 2022. Governor Babajide Sanwo-Olu gave this assurance after touring the project site on Friday.
Sanwo-Olu said the facility would be subjected to a pre-production test run before the end of first quarter next year, after which the full production capacity would be activated rice production.
Two years after his first visit, the Governor went on an on-the-spot assessment of the biggest agro project being undertaken by a sub-national Government. He was accompanied by Commissioner for Agriculture, Ms. Abisola Olusanya, and members of the State cabinet.
Sanwo-Olu said he was elated by the progress achieved on the site, having met the project from the foundation level. He said the project was expected to have been delivered by the end of 2020, but for the disruption occasioned by the outbreak of Coronavirus (COVID-19) pandemic.
The Governor said the new deadline remained sacrosanct, promising to prevail on all contractors working at the site to ramp up their activities before the next year first quarter.
He said: “I am happy with what I am seeing on the site and we are working to meet the deadline for the pre-production test run. We are going to charge on our contractors working on site to ensure that by the end of the first quarter next year, this mill should have started operations; that is, we should start producing rice from here.
“What is left is to see how quickly we can ramp up work on the storage facility, which has the capacity to take production up to three to six months. There are 16 silos which have combined capacity of 40,000 metric tons. Each has 2,500 metric tons. The two sections of the silos are at about 85 and 70 per cent completion.”
Sanwo-Olu said construction work on the storage facilities would be completed in the next four weeks, after which major cleanup would commence across the major site in preparation for production test run.
When delivered, the Governor said discussion around operation mode and production process would begin. He said full production of the facility would drastically reduce prices of rice and pressure to purchase the commodity.
“We are very much excited with how far we have gone on the construction. We are believing that all the contractors are working collaboratively to ensure the deadlines set are met,” the Governor said.
The rice mill has been built with a capacity to produce 2.8 million bags of 50kg bags of rice yearly, while generating 1,500 direct jobs and 254,000 indirect jobs.
The State Government is also developing an industrial park adjacent to the mill. The Governor said the park would have amenities that would make businesses thrive and bring returns on investment to business owners.

why is state engaging in business?how efficient will it be.This is what ail nigeria.wasted grandiose project

Most integrated nonsensical crap.. tell us potential impact on reducing traffic in Lagos .which has world worst commute

Yeah Ghana is a very wealthy slumpolis.

Madness as always.

Just30:
Syria is only there because it's a war zone with shortages and sanctions. If not, Accra will be number one ..

Tehran is also there because of sanctions ...
The rest are all there because of pure economic demand and wealth inflow

We have different ambitions...

Nairobi drops from list of most expensive cities
8 Jul 2021 — Mercer, an American asset management firm, found that the city has actually improved 50 positions in 2021, after ranking 95th in the world last

Nairobi out of 100 most expensive cities for expats - MSNhttps://www.msn.com › africa › kenya › ar-AALwbhf
28 Jun 2021 — The Kenyan capital improved 47 places to become the world's 145th most expensive city this year, according to a Mercer Cost of Living report ..

Just30:
cholera was eliminated in from here 5 years or so ago...

Hope your city gets to do that soon

Yeah you should overtake Syria - because you're a war zone. Clearly you're not Hong kong.

Just30:
not everything is a competition

Facts remain facts

What's wrong with you ?

These are what Accra is mating with

Is the possibility contracting cholera in Accra now considered a luxury? Your city need to attract investment in real estate after you have managed to build a modern sewage system.

Just30:
[s][/s]

Have you heard of Veblen goods?
There's actually an over supply here


Anyway, Accra repeat it position for this year.

These are you mates - the have one common character - they are mostly based in West and Central Africa - and are not known for development.

Most expensive cities in Africa...
30 - Bangui, Central African Republic
38 - Brazzaville, Congo
49 - Yaoundé, Cameroon
56 - Dakar, Senegal
85 - Abuja, Nigeria
87 - Accra, Ghana
99 - Niamey, Niger

These kind of hell hole cities dont have sufficient supply of quality office, houses or hotels - because few people want to invest in a hell hole - so they remain undeveloped.

Just30:
so now you understand why Accra real estate keep getting expensive and demand keeps going up with astronomical pricing....

That's the Veblen goods effect

Don't be a lunatic this year and know how to comprehend simple things...

This is driving astronomical pricing all across West African cities

The usual madness

A Veblen good is a good for which demand increases as the price increases. Veblen goods are typically high-quality goods that are made well, are exclusive, and are a status symbol. ... Examples of Veblen goods include designer jewelry, yachts, and luxury cars.

Just30:
so you want to argue a simple economic term like Veblen goods?


Accra has the second most expensive real estate market in the world and number in Africa.

The law of demand and supply do not come in, in the case of Veblen goods

Implausible that slum like houses and cheap hotels can be expensive if there was good supply.

Just30:
There's an over supply of housing in Accra and prices hasn't dropped

Accra has fallen into the Venice kind of tourist bubble which has led to astronomical rent prices....

Have you heard of Veblen goods in economics? That is what Accra real estate is.
Prices are constantly going up because of the huge demand, so more and more money is being pumped into it from all over Africa.

El sisi has fixed their structural and systemic issues - and there is political stability now.

Unlike South Africa who last made serious reforms in 1990s - Egypt has just about finished reforming it's economy and it's institutions.

Egypt had these issues "Large budget deficits, loose monetary policy, and a fixed exchange rate had resulted in a drastic reduction in foreign exchange reserves, high inflation, and unsustainably high levels of public debt. Growth had fallen and unemployment increased, especially among women and youth."

But now they have fixed them - and their economy is starting to fire on all cylinders.

They are targetting 6-7 percent growth rate - meaning you'll never see them GDP nominal wise - per capita - they are still below you
https://english.alarabiya.net/business/economy/2021/04/27/Egypt-announces-new-round-of-reform-plans-targets-GDP-growth-of-6-7-pct-

Meanwhile you're unable to reform almost anything - your parliament is just producing copious noises as Malema & ANC engage in war of words ad nauseum - and ZERO REFORMS on resolving land issues, immigration, ESKOM and education

jl115:
what fundamentals bro name them!!