Rvp2018's Posts
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Which one would you like a picture of ![]() 1) Langata-Karen interchange. 2) Karen Interchange on Southern Bypass Appisko:
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I even doubt they have more than Kenya. Within Nairobi metro alone 1) Thika superhighways has 17. 2) Outering has 7 3) James Gichuru-Rironi - 9 under construction 6) Western bypass - 6 under construction 7) Southern by-pass has 5 Langata road has 29) Enterprise road has I think 1 or 2 - very low quality Nigeria style. Eastern bypass - has 2 9) Northern bypass has - has 3 10) Limuru road has 1 11) Redhill road has 3. 12) Mombasa road - has 2-3 13) Nairobi expressway - will have 19 interchanges 14) Upperhill/Valley road is getting 2 15) Ngong road is getting 1 at Junction. And those are just from my memory - that is nearly 75-80 - in Nairobi metro alone. Shma2020: |
These things are pretty easy even for an obtuse ill trained south african like you. GDP is calculated based on the BASE year prices. Normally for advanced economies (and desperate Ghana) because they have better data collection - this about 5yrs back - so for South Africa - they will use prices of say 2015. For kenya we normally do 10yrs - sometimes more. Nigeria were doing at some point 30yrs back!!!!!!!!! before their re-basing. Kenya base year is 2008/2009 I think from 2001- we due for re-basing soon - probably to move it to 2011 or even 5yrs. The idea is that behind this is to adjust the prices to cancel out inflation - otherwise the economy will grow every year with inflation growing. So GDP is DEFLATED back to the base year...so we know if we are REALLY growing or not GDP is calculated in local currencies. That become the REAL GDP. This one you keep for your internal purposes...GDP growth rate is all we take from there. Outside your country, the Nominal GDP is then easy - total GDP divided USD exchange rate - at time of calculation or report writting. If today KNBS are to release GDP final report for 2020 - and KSH is 109 - our 2020 nominal GDP will be divided by then - if it rise overnight say 100 - it will be divided by 100. That become our official nominal GDP. GDP PPP - are done by IMF/Boston/US universities - periodical - and they release basket of prizes in dollars - and you can use that to adjust your GDP if you don't like USD (nominal). jln115: |
Nobody calculate their GDP in dollars except the US of course. They calculate in their own currency. For international comparison (external use) it's converted into the current/prevailing dollar rate - nominal gdp - and that gdp we care about here. You can go discuss your real GDP in rands in South Africa - it makes no sense to us. jln115: |
Yes depreciation like Inflation is good thing but in very small doses! A currency/inflation should be stable and should weaken slowly over a long time! It's not like you'll ramp up exports - as quickly as your currency catapulting. The same with inflation - people want to see their money growing, properties appreciating, their sales growing, over the long term. If it inflates so fast - it become Zim hyperinflation - a disaster - if it doesn't inflate at all - it become Japan - a disaster - deflation. jln115: |
Semantics. You're just fighting nominal GDP because you're doing very badly there. That is all I see. Nominal gdp is GDP as people know it - and applies for everything including in ranking South Africa as soon to be LOW Middle Class like kenya - if you continue to mess. Real GDP - constant dollar (inflation adjusted) - calculate using local currency Nominal GDP - Real gdp converted into current exchange rate of USD GDP PPP - Experimental attempt to fix dollar inflation of nominal gdp. jln115: |
Let first agree that GDP is calculated in country currency, then for sake of global comparison, IMF/WB will convert it to USD (based on official exchange rate at time of conversion), and sometimes they do GDP PPP. Otherwise for example Kenya GDP is 9.9 trillion Kshs. Obviously it make sense in Kenya - and that is what we use for all decision making and planning. Outside - for IMF/WB, credit rating agencies, our creditors, investors - nobody really gives a damn about KSHS gdp - they care nominal GDP - and that is GDP in USD. And you know why - if we were to go to hyper-inflation like Zim - our GDP in KSHS would be huge but worthless. Of course countries try to calculate real gdp by constant prices from a base year - in attempt to get constant dollar/inflation-free or deflated gdp growth. Real GDP - inflation adjusted. Nominal GDP - current dollar converted gdp. GDP PPP - current PPP basket of prices For international comparison, for pretty much everything outside your own country, please try to stick to Nominal GDP - it's sort of the de-facto GDP. As for impact of currency appreciation or depreciation - generally it bad for currency to depreciate against the dollar (weaken) - unless you're exporting giant like China - meaning your exports become cheaper. As for Kenya, South Africa, Ghana and Nigeria - you don't want to USD strengthening - because trade deficit, lots of foreign denominated loans - both public and private - and generally investors will pull out their money - to protect it from losing value. ONLY A slowpoke LIKE YOU WILL SAY KSHS DEPRECIATING AGAINST USD IS GOOD THING. jln115: |
We are talking nominal GDP (USD) -real GDP in rand or Kshs with deflation and all that - keep it for your internal use - like again stuff like poverty analysis, local economy issues . As for the effect of appreciating USD on kenya economy - you couldn't be more wrong - we import 3 times what we export - we have huge foreign debt - so basically the impact is bad on the real (KSHS) GDP figures. For exporting countries like Japan or China - they would love depreciating USD. jln115: |
That is why people should not compare oranges and apples when it comes to projects - design matter a lot. Waondho: |
Next year with completion of GTC and the expressway double decker road - this will look pretty much like developed world cities.
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Nairobi - slowly overtaking Joburg - last piece of jigsaw is fixing footpaths - and such.
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Nairobi highridge -parklands border. Last pic is upperhill - about 8kms away
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West Africa need to care for roads (and everything) - the forest is right on the road - visibility must be terrible - and therefore accident. Clear the road reserves, trim the grass and have something like this. Nearly every road I have seen in Nigeria and Ghana - the overgrowth extend right to the road. Every few months in Kenya - road maintenance contracts are given out - mostly to clear bushes - trim grass - and ensure roads look like this. Nairobi-Nakuru Nairobi Southern Bypass vaxx:
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There is no doubt that kenya is one most beautiful nation in world - maybe Tanzania come 2nd.
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Kenya map is one cutest -
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Opening up the Northern Kenya - North Eastern kenya occupied by somalis - being transformed.
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Nairobi expressway to be completed by end of this year - entire section is a construction site - being worked 24hours a day. It started late 2020 - and will be done in record 1.5yrs - thanks to Chinese ingenuity and handwork. Nigeria would take 10yrs or 20yrs to pull it
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Nairobi expressway - will be taller than most of building in Accra or Takoradi It expected to consume at least 90,000 tonnes of steel.
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Nairobi skyline changing. https://video.wixstatic.com/video/97dc23_c0c15b2da0b741c881c12de8c5adfc9e/480p/mp4/file.mp4
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We have no problem with legal Nigerian immigrants. Come legally and engage in legal business. You engage in Yahoo! we send you to jail and back to Nigeria. 68816419: |
We have colonized huge swatches of somali - and gov in Kismayu report to Kenya. Yes, Somali because it's incompletely broken country, require a lot of trained kenya labour. Basic stuff like masonry they cannot do. 68816419: |
Madman indeed. Planned maintenance happen everywhere. Kenya has excess of 700MW clean energy. We don't even turn thermal plants like you. Just30: |
Where is the table of load shedding. In fact the young people in kenya like most here don't even know what load shedding is. Load shedding in kenya was in 99-01 - and we brought IPP like Ghana - thermal plants to fix the problem - and then fixed the issue long term. Please show me load shedding done in kenya. Just30: |
Somali were just engaged in diplomatic tiff because we send away thousands of their refugees. 68816419: |
Not in kenya. We lots of excess renewable power. South Africa are on load shedding often. Not kenya since 2001. Rarely do we turn on thermal plants. Ghana you depend on thermal plants. For kenya that is just emergency power. Just30: |
Nigeria reputation in almost every country for criminality - mostly fraud and drug pushing - is without reproach ![]() 68816419: |
Evidence of the load shedding. Or you're confusing planned maintainance for load shedding https://www.kplc.co.ke/category/view/50/planned-power-interruptions Interruption of Electricity Supply Notice is hereby given under rule 27 of the Electric Power Rules That the electricity supply will be interrupted as here under: (It is necessary to interrupt supply periodically in order to facilitate maintenance and upgrade of power lines to the network; to connect new customers or to replace power lines during road construction, etc.) Just30: |
Show us one evidence that kenya has had a load shedding since 1999-2001. Just30: |
What is scale qualification The hobbit.Just30: |
What really bad. You're in 1999 when we had drought induced electricity load shedding. You know why - we depened on hydro like you guys. Quick fix - we brought thermal plants. Long fix - we downgrade hydro - actually it almost a complete stop in investing in hydro. We went full scale on geothermal - and we have stable renewable drough resistant name it power. Very HIGH QUALITY power...come rain or sunshine. Now we are shinning example to the world - in geothermal - from depending 100% hydro - to now when geothermal is like 60%. Just30: |
It's like watching a train wreck in slow motion. mtisTheQubit: |
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Langata road has 2