Rvp2018's Posts
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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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Football hooligans rip apart plastic seats. vankelvin:
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Kenya is building new stadias every year. This one is new one in Kiambu county. Since 2016 - national celebrations are no longer held in nairobi - and are rotated in every county - therefore new medium sized stadias are getting built In next five months - we shall have a brand new one in time for national independence day. "Interior and National Administration Principal Secretary Dr Raymond Omollo has said that the 20,000-capacity stadium at the ASK showground at Njukiiri in Embu will be built in the next four and a half months" vankelvin:
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Actually even in normal stadiums - Ghana is no where near kenya. Sports is now decentralized function in kenya - and most of 47 counties are building one. vankelvin: |
Ghana doesnt have better sport facilities than kenya. Maybe in football. vankelvin: |
Not so fast. The situation will go from worse to worst. ANC will either form minority gov or coalition gov likely with Malema. All scenarios point to weak unstable coalition or minority gov that might be unable or able to govern and get reforms? Or well weaken ANC may accept reforms. It really depend - they merge with Malema - it chaos. They merge with DA - better. They form minority gov alone - total chaos All parties gang up against ANC - malema with DA and action party - total chaos. AfriqueDuZuid: |
Obaboon mode activated quite early in the year I see. Obaaderemi2: |
Mogadishu look more modern than Abuja. Again west africa cities fails in basic - regular painting, planting flowers, trimming grass, trees. Your governor should enforce exterior re-painting every 2-3 yrs. Nairobi Lower kabete has some world class building - just basics https://www.youtube.com/watch?v=gVmEyqXrk90&t=157s https://www.youtube.com/watch?v=hBvBvLHTxvk Obaaderemi2: |
its insanity to compare the desolate Aso rock with Mombasa.
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I am dead serious. It's one of cheapest way they can make Abuja and Lagos look modern and liveable - and instragramble. Mombasa has done a good paint job. Though last governor went overboard with requiring painting all buildings white and blue. gallivant:
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Give that building some fresh paint. I bet since Abacha built it - it has never been renovated. Does the lift work? Obaaderemi2: |
That lots of assumption. What we know for sure until ANC loses election, until Eskom is fixed, until whatever else has stalled south africa economy the last 15yrs - all economist agree - that medium term projection for south africa is grim. South Africa own treasury project 1-2 percent growth for next 5yrs - below 2 percent plus pop growth rate. I am not crossing my fingers that black south africans will let go of their party soon. welcome to africa mr Afrikaan. africa time is the best time. TIA - this is africa. There is no hurry in Africa. jl115: |
Smell the coffee...since 2010...South Africa economy has been dead. I think per capita has been on decline - as pop growth exceeded gdp growth rate. Sounds like there is strong correlation btw Eskom troubles and South Africa economic nosedive. 2010s were lost. Now the 2020s look definitely gone - 2023 - your best bet is 1% --- and I dont see quick resolution to Eskom - so we are looking at medium term - next five years of 0-1%. The bean counting geniuses at Pwc didnt see that trust me ![]() jl115: |
Egypt looks like sick man of 2023 - inflation and currency devaluation. Ghana have finally made peace and accepted their newly minted bankruptcy.
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Dont feign ignorance. Mombasa is far better than your second city Abuja. https://www.youtube.com/watch?v=bA9SvQRj3EU Obaaderemi2:
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Do you still believe in PWC projections I bet they never saw Eskom shutting down your economy - after Covid - then Ukraine war.jl115: |
West Africa cattle kraals has a lot to learn from Kenya 2nd city. https://www.youtube.com/watch?v=jzp1WT0bjBs&t=521s |
Yet another misplaced aggression. Your problem is not us - it's Eskom. Look like we have another lost decade in RSA...and kenya is just merely 5yr to economic take off. This year - Kenya likely to pull off 6% - South Africa will be lucky not to recess. https://www.dailymaverick.co.za/article/2023-01-16-south-africa-has-a-45-chance-of-a-recession-in-2023-economists/ jl115: |
Typical Nigerian. Lame excuse after lame excuse. Obaaderemi2: |
What is the basis of this claim? Obaaderemi2: |
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