Rvp2018's Posts
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300 sites times 300k usd is just 90M. That is spare change for Telcom company. They can be able to re-sell internet cheaply for say 30usd per month for just a million subscribers - that is 30M dollars. They will recoup their investment in 3 months. 600USD for Starlink will never scale. Unless crafty Nigerians buy repeaters and re-sell their bandwidth...but 60-100MB speed will degrade quickly. So Starlink like other satellite before remain only practical in remote rural areas. Countries must continue to invest in fiber. Kenya unlike west african zoo already has a million household/homes connected to fiber....and now we are putting 100,00kms of fiber. Telcom companies like Glo should invest in fiber... Poor Ghana has 50,000 fiber connection/fixed broadband. Just30: |
That is nothing compared to -> Nigerians will pay $600 to acquire the setup hardware and a monthly subscription of $43 which didn't sit well in the sight of many. Glo can invest 300 * 400K to cover 20 million Nigeria. If each one got Starlink - it would be billion of dollars Just30: |
Thanks for sharing. South Africa going down. Kenya is coming up Saddamochieng00: |
You been posting the same projects for last 10yrs. The dont become more - by incessant posting. 68816419: |
I guess mostly weekday; weekend; nobody want to pay as time is not a premium. in any case their break-even was 30K vehicles per day AfriqueDuZuid: |
Yet your own president held Nairobi of 1980s as Ghana Beyond AId North Start=; sadly you're now bankrupt. Dont try to match big countries; try Togo; Benin; Ivory coast. South Africa, Nigeria and Kenya are big boys in SSA - those are top 3 economies now. Ghana you're just here for the pain. Appisko: |
I am very nice because half of what folks write here insult normal person intelligence. Ghana cover was long blown. Naked eye test. Obaaderemi2: |
Only an madman would compare West Africa cities with Nairobi https://www.youtube.com/watch?v=9jGM63Usnhc |
Nairobi Expressway. 7.6M vehicles in six months and 60,000 daily https://www.youtube.com/watch?v=uvocBO7n84E |
You start telling the truth like I have always. done. Angola recovered from long 20yr old civil war and has done a fairly good job rebuilding the country. https://openknowledge.worldbank.org/bitstream/handle/10986/33804/Angola-Road-Sector-Public-Expenditure-Review.pdf?sequence=1&isAllowed=y Angola has spent a total of around US$US45 billion on its infrastructure over the last decade (2008- 2018), or around US$4.5 billion/year. By the end of the civil war in 2002, the Government of Angola has launched a large infrastructure reconstruction program spending on average US$4.4 billion per year on infrastructure between 2002-2009. This effort was sustained over the last decade (2008 -2018) and Angola spent on average 4.1% of its GDP per year on its infrastructure sector (Figure 6). Angola’s infrastructure public expenditure is on a par with the average expenditure of Lower and Medium Income Countries (4% of GDP for 2011) and is nearly twice more than Sub-Saharan African countries (2.54% of GDP)3, AfriqueDuZuid: |
Angola -> 26B dollars this year. It mostly oil revenues. I think they do better job building roads,dams, etc than Nigeria. AfriqueDuZuid: |
Yes Morroco and sometimes Angola beat kenya AfriqueDuZuid: |
These Ghanians are something Shaytun: |
If we didnt have a marauding madman here who doesnt respect even facts; we wont have to. South Africa, Algeria, Egypt - they do more than Nigeria and Kenya. GeneralDae: |
Total revenues included everything. Last year - 2022 - you had 100.5B target - revised down to 78B in suplementary This year - 140B cedis target. Incorrigible fool Just30: |
Usual obstuficaton from resident mad man Total ordinary revenues for 2022 - 75B Cedis - 5.8B dollars. Very embarrassing. Initial target was 100B - revised down to 75B. Non ordinary revenees for 2022 - included Nana with his village mate has driven little Zoo into the cliff. Try your madness on fellow Ghanians. Just30: |
Rwanda type revenues https://thebftonline.com/2023/01/17/gra-upbeat-about-2023-performance-as-it-beats-2022-target-by-gh%C2%A23-6bn/ The Ghana Revenue Authority (GRA) is poised for increased success this year, after beating its revenue target for 2022. The authority collected GH¢3.6billion more in revenue for 2022 than it was tasked to collect, making it the second year in a row that the tax collection and administration body has exceeded its target. Data from GRA show that although the authority was tasked to collect GH¢71.94billion last year, it mobilised GH¢75.54billion at end of the year, indicating a surplus of about five percent. The 2022 collection also showed that the authority grew revenues by 31.5 percent in 2022 – the highest in recent years. The Commissioner-General of GRA, Dr. Amissadai Owusu-Amoah, said in an interview that the results showed efforts by the authority to increase revenue mobilisation are yielding the desired fruit. He explained that the higher than targetted collections for 2022 were driven by increased collections from domestic revenue and Customs. Dr. Owusu-Amoah attributed the success to commitment of staff and cooperation from taxpayers. He said although the 2023 target is yet to be set, the authority is now poised to double its effort this year. In 2022, GRA was tasked to collect a total tax revenue of GH¢80.30billion. However, in the 2022 Mid-Year Budget and Economic Policy Statement the target was revised to GH¢71.94billion – a reduction of GH¢8.36billion representing 10.4 percent. “I am happy to announce that by close of the 2022 fiscal year the authority had collected a total tax revenue of GH¢75.54billion against a revised target of GH¢71.94billion, exceeding the target by GH¢3.60billion. This performance represents a nominal growth of 31.5 percent over the tax revenue collected in the 2021 fiscal year,” he sa |
Learn difference btw budget and what is collected as revenues...idi.ot https://allafrica.com/stories/202301170136.html The authority was tasked to collect GH¢71.94 billion last year but its data indicated that revenue collections ended 2022 at GH¢75.54 billion. Convert that to dollars. 5.85 United States DOllars useless country - more like Rwanda Efforts by the Ghana Revenue Authority (GRA) to increase revenue mobilisation are yielding the desire results, as data from the authority show that it collected more revenue in 2022 than it was tasked to do. The data showed that GRA beat its target for last year by GH¢3.6 billion, the highest in recent times. The authority was tasked to collect GH¢71.94 billion last year but its data indicated that revenue collections ended 2022 at GH¢75.54 billion. It also showed that the authority grew revenues by 31.5 per cent in 2022. According to the data, the higher targeted collections were driven by increased collections from domestic revenue and customs. Just30: |
Ghana collect 7B or less. Stop the madness. Just30: |
Dont insult our intelligence. 68816419: |
Are we talking about this KANO or you have another one. Ghana look like Western Europe - get off weed - it's not good for your mental health vaxx:
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Pray what social infrastructure does west africa zoos have that beat ? Musics and films ![]() vaxx: |
Bankrupt power companies create a systemic risk on the entire economy See Ghana in 2005, 2015 and now. See South Africa since 2008. You cannot saddle already bankrupt power companies with more expenses - by requiring them to compensate for financial loss. When they are not ready. Ghana ones cannot even pay Nigeria for gas. They cannot even pay IPPS. They are making 1 billion dollar in losses sending economy to ICU every few years. Kenya is going to move there soon - financial loss compensation - because our power is very reliable. In a month - average interruption is just 4hours - 1 hour a week - and this is strictly due to maintenance "Official data from Kenya Power shows the Customer Average Interruption Duration Index (CAIDI) – that is the average duration each customer was off the power supply in a month – stands at 4.03 hours. " https://nation.africa/kenya/business/kenya-power-faces-fines-for-unreliable-electricity--3941918 Now regulator is about to allow for financial loss compensation...but we have to run the maths welll...otherwise bankrupt utilities can create a huge mess and turn kenya into a Nigerian zoo. Just30: |
We had a narrow escape. Otherwise, we were similarly staring at debt crisis - which is reflected by the sovereign credit rating cuts. We first declined to issue eurobonds in 2021 and started cutting back. Uhuru the drunkard though recklessly spend money to woo voters to back Ruto rival in 2022. Ruto won and the big mend started. Ruto took immediate action - cut subsidies (1 billion dollars), cut 3billion dollars in budget, restored investor/creditor confidence. We have also borrowed less - by rejecting expensive credit. Now everything starting to look good. GDP will expand 6.2 percent up from 5.8% this year. Ruto has cut the next budget - borrowing/expenditure. And we are increasing revenue collection from 20B to almost 30B dollars. Debt to GDP down to 62% from 68%; This year we take it below 60%; And by 2025; we will be at 55%; Our only major problem is in 2024 - when we have to repay 2b dollars eurobond principal - but our revenues are growing. We took action - Ghana did not. Ghana was bankrupted by Nana. vaxx: |
Let Ghana and Eskom repay debt first. Before you saddle yourselves with legal fees pursuing a bankrupt company. Which might not survive...rendering any such claim a nugatory. Use the legal fees to buy a generator Eskom, which regularly implements electricity outages that choke economic growth, is saddled with around 400 billion rand ($24.32 billion) Just30: |
Childish. Ghana is broke/bankrupt/insolvent - joining Zambia, Chad and Ethiopia in that club. Also add Mali. "Ghana last week requested a restructuring of debt it owes to other governments, becoming the fourth country after Chad, Ethiopia and Zambia to do so under a G20 Common Framework " vaxx: |
It stupid to lie that kenya is bankrupt. Ghana is officially bankrupt, its former leader and opposition flagbearer John Mahama declared on Monday describing the situation as “tragic”. The government announced that certain external debts cannot be honoured per agreed terms.20 Dec 2022 vaxx: |
Eskom is broke. Insolvent. Negative cashflow. Ghana is broke. Insolvent. Negative cashflow. You can't sue either. They cant and wont pay. Just30: |
How will bankrupt Eskom pay for damages. Lesson No 1: Dont sue a mad person like Just30 or broke one like Ghana or Eskom. Just cut the losses and buy a standby generator Just30: |
Look like you stopped building them long time ago. How did Nana bankrupt Ghana without at least one gradiose stadium. In meantime kenya is building several at the same time. https://unitedshowbiz.com.gh/list-of-stadiums-in-ghana-and-their-all-seater-capacity-location-custody-architect-and-year-built/ vankelvin: |
Say who? Kenya Stadium Capacity County 1 Moi International Sports Centre, Kasarani 60,000 Nairobi 2 Nyayo National Stadium 30,000 Nairobi 3 Bukhungu Stadium 30,000 Kakamega 4 Afraha Stadium 20,000 Nakuru 5 Muhoroni Stadium 20,000 Kisumu 6 Moi Kinoru Stadium 18,000 Meru 7 Nairobi City Stadium 15,000 Nairobi 8 Kenyatta Stadium 10,000 Machakos 9 Mombasa Municipal Stadium 10,000 Mombasa 10 Kipchoge Keino Stadium 10,000 Uasin Gishu 11 Mumias Sports Complex 10,000 Kakamega 12 Wang’uru Stadium 6,000 Kirinyaga 13 Gusii Stadium 5,000 Kisii 14 Awendo Green Stadium 5,000 Migori 15 Narok Stadium 5,000 Narok 16 Thika Municipal Stadium 5,000 Kiambu 17 Chemelil Sports Complex 5,000 Kisumu 18 Moi Stadium Kisumu 5,000 Kisumu 19 Hope Center Kawangware 5,000 Nairobi 20 Naivasha Stadium 5,000 Nakuru 21 Kericho Green Stadium 5,000 Kericho 22 Sudi Stadium 5,000 Bungoma 23 Ruaraka Stadium 4,000 Nairobi 24 Bomu Stadium 3,000 Mombasa 25 Uwanja wa Mbuzi stadium 3,000 Mombasa 26 Mbaraki Sports Club Stadium 3,000 Mombasa 27 Gikambura 11-Aside Stadium – Kiambu 28 Ligi Ndogo Grounds 2,000 Ghana # Stadiums Capacity City Team(s) 1 Baba Yara Stadium 40,528 Kumasi Asante Kotoko, King Faisal Babes, National team 2 Accra Sports Stadium 40,000 Accra Great Olympics, Hearts of Oak, National team 3 Len Clay Stadium 30,000 Obuasi Ashanti Gold SC 4 Tamale Stadium 21,017 Tamale Real Tamale United 5 Sekondi-Takoradi Stadium 20,000 Sekondi-Takoradi Sekondi Hasaacas FC 6 Cape Coast Sports Stadium[3] 15,000 Cape Coast Ebusua Dwarfs, National team Gyandu Park 15,000 Sekondi-Takoradi Medeama SC, Sekondi Hasaacas FC, Hasaacas Ladies FC, Sekondi Eleven Wise 8 Abrankese Stadium 12,000 Kumasi Medeama SC 9 Azumah Nelson Sports Complex 10,000 Accra Hearts of Oak, Great Olympics Coronation Park 10,000 Sunyani Bofoakwa Tano, Berekum Chelsea, Brong-Ahafo United Tema Sports Stadium 10,000 Tema Tema Youth, Real Sportive 12 Dawu Sports Stadium 5,000 Accra Right to Dream Academy, Dreams FC Kpando Stadium 5,000 Kpandu Heart of Lions Nkawkaw Park 5,000 Nkawkaw Okwawu United Kaladan Park 5,000 Tamale Real Tamale United Koforidua Sports Stadium 5,000 Koforidua Power FC Asuom Park 5,000 Asuom Kwaebibirem United Berekum Sports Stadium 5,000 Berekum Berekum Arsenal, Berekum Chelsea F.C. Scot Stadium 5,000 Prestea Mine Stars Swedru Sports Stadium 5,000 Agona Swedru All Blacks F.C. El Wak Stadium 5,000 Accra International Allies F.C. Wa Sports Stadium 5,000 Wa Wa All Stars FC Agyeman Badu Stadium 5,000 Dormaa Ahenkro Aduana Stars Fosu Gyeabour Stadium 5,000 Bechem Bechem United Obaaderemi2: |
Last year also Kenya army built a 7,500 stadium for their Ulinzi football club - one kenya finest football team. They can comfortably put seats as no hooligan can cause chaos in army compound. In less than 5yrs - kenya will have more than 50 stadiums - as every county gov is building one
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