₦airaland Forum

Look at your import data first. Otherwise our tea is doing well annually

enya is the WORLD'S LARGEST TEA EXPORTER.

Its share of global tea exports has SURGED from 6% in 1970 to 22% in 2017.

India's tea exports as a % of Kenya's tea exports have PLUNGED from 476% in 1970 to 56% in 2017.

In the last 47 years, Kenya’s tea exports have grown by 1,012%

https://www.statista.com/statistics/447534/import-of-goods-to-ghana/

Just30:
0.5m people being paid below living wages
that is terribly poor

Whiles you can help ingenious citizens set up local manufacturing capacity like it is done in Ghana, SA and Nigeria that reduces reliance on import
This creates a lot of quality jobs and a whole chain of economic subgroups that creates over 4 million jobs in the value chain for citizens.

Import reliance will make Kenyans poor forever
That is how Britain created your economy and it has remained so.

Obaboon,

You're talking trade deficit when you're re-exporting aeroplane parts to spain.

Anyway ignoring usual Nigeria data and talking about Kenya.

First Kenya economy is growing at 6% consistently and with currency stability - we are seeing less and less poverty, jobless.Maybe Trade Deficit is not aware of all this.

And 3rd what is Kenya importing.

1) Fuels - refined oil. We have no option.
2) Machinery and capital goods - these are machines from India and China.
3) Vehicles and related.

We are not importing food that much - we have very small deficit in a few groups. And that we fill locally.

We are the only country in Africa that is doing 50-50 trade with Africa. Most of African backwater like Nigeria are doing 95% trade outside Africa...you cannot even trade with Benin except for illegal rice.

So you see - we don't need to worry about dollars - when we are importing maize or cheap Tanzania maize. That is 50% of our trade. We do it with KSHS...which is like the gold standard for the region.

Now because we mostly importing capital goods - machinery and vehicles - and fuel - we are powering our economy,

Which obabaoon explain why KENYA IS DOING VERY well without any minerals or oil or gold or even RAIN.

obaaderemi:
If you think name calling and childish insults will save you from me, think again.

Now, let me quickly teach you what you don't understand about your trade deficits.
Sane Kenyans are complaining about your ridiculous trade deficits but Obviously you are not one of those who are sane.
The trade deficits are the reason why you are mostly jobless in Kenya.
It reflects the fact that you import basic stuff you can make yourself. Your staples for example, maize and vegetable oil are imported. Your farmers are encouraged by IMF to plant tea and other cash crops while your people starve. What's wrong with growing food crops to feed your starving people? Look at what Nigeria did with rice and cassava.
Now your agriculture is suffering due to droughts and locusts. Even prices are falling for tea and demand is down.
Your tourism is suffering due to alshabab attacks. You now rely on remittances from Uganda and other countries as sources of forex and yet you claim not to have a forex problem.

I wonder how you are still surviving in Kenya. I guess the answer are the Chinese loans.
You claim to have a robust domestic market but retail and trade are struggling. Stores are closing furiously. Examples are nakumatt and uchumi. Your retail sector is worth anything from $15bn to $25bn. Even Ghana with 30m people does better.
Those deficits are the reason you are jobless. Winter is coming and you need to get your ass away from nairaland and make yourself useful. All hands in Kenya should be on deck now.

We have a better disaster preparedness and bodies...and we have a national welfare system. Unicef and UN agencies are doing there jobs globally.

Just30:
except in Ghana, UNICEF is not a disaster relief Authority

when we have disasters, NADMO takes care of the victims.

Your country had small floods and it was busy running to UNICEF for aid

That is how useless your country is

Ghana's biggest highway is the Tema Motorway

MCA is not a donation

Hobbit, these things are already worked out. I think recommended idle or excess capacity everywhere to deal with such issues is around 10% - and system losses maybe another 10% - Not 50%.

As for your politics - here is more politics.
With capacity that’s almost double the country’s peak demand needs, Ghana’s electricity utility has to pay independent producers about $450 million every year for energy that it doesn’t need or use. This adds to the sector’s liabilities, which are the biggest debt threat to a nation that seven months ago completed its 16th bailout program with the International Monetary Fund.
https://www.bloomberg.com/news/articles/2019-11-08/how-having-too-much-energy-creates-a-debt-problem-for-ghana

Just30:
Mid term budget statement are political comments in an attempt to undermine the achievements of previous governments.

In any given year from henceforth as a recommendation from the Technocrats
Ghana is expected to keep power generation surplus of 1500MW as reserve as Thermal plants makes up the majority of our generation unit.

Thermal plants require regular maintenance every 3 - 5 months, having those back ups makes us immune from any form of regular black outs like the ones that happen in Kenya.

Kenya power sector is peanut compare to Ghana

And even private multinationals are choosing Kenya - Nairobi - as their Africa operation- because it's connected to the world with fast broadband and airport connected to many destinations, you get grade A office spaces, you get good housing, great hospitals, schools, no forex controls, modern banking and you're few kilometers from safaris and the coast is not far.

The local competition is only Rwanda who dishes or doesn't require a work permit and have zero insecurity - but Kigali get's pretty booring very fast.

Joburg is the real competition in the long term - but run-away robberies and kwerekwere immigration mess - is not helping them.

If Nairobi can sort petty crime -serious crime is not an issue - and most importantly traffic mess - it will overtake Joburg in 10yrs.

To sort the traffic mess we need to invest in light rail or metro or even an underground one - completely destroy the joke that exists and build something like Joburg Gautrain. If Chinese can lend us 2B dollars - this can be done - and Nairobi would be untouchable in Sub-Sahara Africa.

TayserMahri:
NGO's make Kenya their HQ to serve the entire troubled region. All those NGOs in Somalia, Sudan, Congo work from Kenya. Because Kenya is their safe haven. This has made Kenya to have the highest per capita NGOs in Africa.

The hobbit has said many shocking things but this one I bet top it all. That demand creates excess capacity What kind of logic is that. We have too much demand we even have too much supply.

kikuyu1:
Srsly, sometimes you should know when to stop talking.

Obaboon, I think that has been your name for over a year. I don't normally get angry for that long. Anyway moving swiftly - Kenya trade deficit is now 10B dollars plus - and we are NOT complaining. The trade deficit is a problem only if you start having forex problems like Nigeria and Ghana (more like always). It has nothing to do with jobs. Kenya jobless has everything to do with it's third-world economy - just like all the rest of Sub-Sahara Africa. You can have positive trade surplus like Nigeria by merely exporting OIl - and that will mean nearly zero employment - except in few enclaves of port harcourt. or well you can get 1.5B dollars from tea by engaging 0.5M people. Have 1.5B from tourism by engaging 0.2M people.

Those are the things that employ people. You can have robust domestic marekt - like kenya formalizing retail and trade - that start generating very good jobs - in the entire value chain - and you haven't exported anything.

obaaderemi:
You started your day by throwing insults. Guess you are still hurting.
Anyway, your trade deficits are the reason why you are mostly jobless in Kenya. Any good student of economics should know that. And it's also why your debt is proportionally high!

UNICEF exist everywhere including https://www.unicef.org/ghana/

As for AID - your biggest highway is a donation from US gov - the GEORGE WALKER BUSH highway - you add to include all his 3 names.

You're normally under IMF benevolences.

Ghana is HIPC - poor country to be pitied and - has had 3.5B dollars of loan FORGIVEN. Nigeria has had 18B dollar forgiven.

Just30:


name any NGO and you will find them in Kenya.

UNICEF is their disaster relief organization.

that is not a serious country

Obaboon, we have had trade deficit since 1963 - I bet - and it's a non-issue. We don't have forex issues. Zero forex controls. We have a stable currency. We normally have nearly twice the recommended forex reserves. That tells you we have other sources of forex - and most importantly we have a good domestic economy.

obaaderemi:
If Kenyans were serious human beings they would know they are in trouble economically. How can you have trade deficit every year? It means their economy is not competitive at all and it explains why their debt keeps climbing.

Yes - I think South Africa has high HDI - kenya and Ghana are Medium - Tanzania Low HDI

jln115:
SA is a NIC..... Neither developed but neither a developing country

What hobbit is this kind of logic? Do you just type?

And listen to you mister.

Ghana’s Finance Minister Ken Ofori-Atta set out the scale of the problem in his mid-year review budget on July 29. He said that the problem posed grave financial risks to Ghana’s economy. This is because the government is carrying legacy debt in the energy sector, which threatens to put a huge strain on its finances.
https://theconversation.com/lessons-to-be-learnt-from-ghanas-excess-electricity-shambles-121257

Just30:
demand is the reason why we have to create enough excess capacity

Refer back to today's lesson on demand and effective demand. That would have saved your country 1B dollars plus ANNUALLY

Effective demand :the level of demand that represents a real intention to purchase by people with the means to pay.

Just30:
how do you claim excess power when 50% of your people dont have power ?


Kenyans still live like it is 1800


Kenya needs 20 billion to overcome is power generation, distributions and co challenges today if it was possible
Kenya does not even have 2 billion for Tullow

Hobbit. 1.3B dollars is their revenues.

Just30:
noise as usual


Kenya power could only generate 270 Million Kshs from Kenyans

Why is is that kenyans dont like to pay their bills?

We export 6B dollars. We don't have blackout problems. We have huge bills problems. It easy to check these things.

Just30:
Blackouts and huge bills that are sending producers packing out of your economy is not a problem?



no wonder you export just 5 billion dollars

It probably because there is no tree on sight in your neighborhood. Otherwise if you're in Kenya - tree branches will suddenly fall on electric lines - and have trees all over - except in slums likes yours.

vaxx:
Your race with Ghana is like RVp crawling and usain bolt running . it was raining heavily in my neighbourhood yesterday night with lots of wind blowing , yet the light was on ...

Kenya power made profit this year...like it has always done. Yes it has issues - but nothing serious. nothing structural. nothing systemic

Just30:
we all know you cook things out of your rectum


HOW DID KENYA POWER BECOME BANKRUPT?



we will start from here today

If you had some functioning brain cells - you'd have known outside minning - you really don't need a lot of power. You acted like a kid taken to a caddy store - and your order thermal generators - without any idea how to pay for it.

Households DO NOT need a lot of power to fire a fridge, a tv and a lights.

Why would you order 5,000MW - when you only consume 2,500MW.

WHY WHY WHY

Why would you sign for a billion dollar gas when you don't need it all

Why why

And WHY ON EARTH would you agree to pay the Britsh 79 Billion dollars for your GOLDEN stool.

Ghanaians are just a bunch of EDIOTs.

Just30:
Basically Turkana power that generate 300MW is the largest private investment in Kenya history



This is how useless your country is.
Your country need all the power generation is can get in order to move the remain 25 million Kenyans that dont have electricity access out of darkness

and wick lamps smoke inhalation.

Asogli alone produces 580MW

Right. I have learned to ignore the .idi.ot. 34% increase in electricity demand would almost mean a 30% increase in GDP.

kikuyu1:
You know not of what you speak. You throw out words without the least understanding. SHOW ME A LINK FOR A COUNTRY THAT INCREASED ITS DEMAND BY HALF OF THAT YEARLY.
I'll ignore the rest of your characteristic feminine ways, your constant pretend advice in search of likes from fellow morons

We have more power than we need. Infact Jinja power imports should be terminated forever..if only we can get out. Not only from overfilled dams - we already had like 200-300MW excess power. Ghana has 2000MW - if they turned on all the big generators they ordered. Bunch of nearthdeathals.

Kazikazi:
Uganda have disconnected their power lines from you.Fix your problems,afterwards go to ask Ugandans to supply electricity to you fellowsagain.Your problems are too much.

I guess now we don't have PEAK demand. Yeah I guess on a saturday morning - there were lots of wankers like you - consuming peak power. What an idiot.

Kazikazi:
Do you even know why you had a complete nationwide blackout?
A reason why you had such kind of blackout is due to foolishness of Kenpower.They seems not to understand the peak demand of power in your kibera republic. Simple knowledge of your power demand could have averted a problem by just rationing power instead of going a full blackout.

I am surprised you export very little aluminum. As for the rest - I imagine you hit the jackpot with the ZOO! They cannot manufacture anything.

Just30:
Ghana non-mineral export
Cocoa beans and products 4 billion dollars
Pharmaceuticals 700 million
Chemicals 400 million
Cashew 450 million
Fruits and nuts 595 million
Ores, slag, ash: $346.5 million
Plastics, plastic articles: $204.5 million
Wood: $181.4 million
Animal/vegetable fats, oils, waxes: $178.2 million
Meat/seafood preparations: $155.8 million
Aluminum: $111.2 million

They have done a great job with redundancy lines in Nairobi and cities. And also trying to go underground for some main lines. I think right now - only western Kenya has issues. Uganda's Jinja is messed up. Once they get hooked up with Geothermal from Naivasha - we can forget blackouts.

So blackouts are now mostly rains bringing down lines.

Baliv254:
those guys do a great job , sometimes i go over a month without experiencing a single black out
reminds me of the pre 2011 days when we used to have power rationing due to over-dependence on hydro plants
now power cuts occur due to accidents like trees falling on lines or vehicles hitting poles or transformer blowouts

And you think a broke Nigerian is in the mood to renegotiate. Ask Benin. If they cannot open borders - you think a broke Buhari without money to pay Nigeria army - will have time to negotiate.

Prepare 1B dollars cheque for Buhari for N-gas. You can as well ask IMF to wire the Rapid facility to Nigeria rather than wasting everyone time.

Just30:
You are making your usual noise again

Ghana and N-Gas supply contract States that N-Gas shall supply Ghana 120SCF of gas daily
Failure to supply to that amount, N-Gas will be surcharged 2 million dollars.

The price of gas can be renegotiated anytime base on market conditions.


Keep making figures up

Ghana GAS market


Summary Table
Million Cubic Ft
(MMcf) Global Rank
Gas Reserves
1,800,000
Gas Production
45,203 68th in the world
Gas Consumption
44,990 86th in the world
Yearly Surplus
+ 214
Gas Imports
19,736
Gas Exports
0
Net Imports
19,736

For Nigeria and Ghana this like magic. My cousin is part of the emergency guys who have chopper on disposal for any main transmission fixes.
https://twitter.com/KenyaPower/status/887628066473824257/photo/1

Baliv254:
this issue was fixed two hours before you posted this using Kenya power helicopters

you need to learn '''some engineering stuffs''
generator fed Nigeria should come take lessons


https://www.youtube.com/watch?v=-_ufcQcdI1k

Before that - you signed a take or pay with N-gas. Nigerians are similarly doing the same projections. PLEASE Hobbit understand these things.

Just30:
Our Trillions is Reserves is only producing 450 Standard Cubic feet of Gas daily
Once we exhaust the oil in those wells, we can focus on ramping up gas extracting.

Go and learn how oil is drilled so that maybe when kenya can afford to dig those oil in Turkana, you may get employment.

Next time dont throw tantrums

Gov has invested 8-10B dollars. Private sector a lot too. For example Turkana Wind Power - 300MW invested 0.7B dollars. You see we would have gone to Ghana way - we actually did it - during 1999 we had national black-out - and out of panic - we invited the world biggest generators - diesel generators that get shipped - by Aggrekos - and we had power in a month.

This what Ghana did exactly in 2013/2014. You have power blackout. You invite the Aggrekos and sign - pay or take

The total investment is a PEN maybe and it's ink if it' s a fancy fountain pen.

But the TEARS will come later. Later when HUGE THERMAL generators are shipped your way.

We learnt from 1999 -and we have been trying to get out. It wont happen for some thermals plants until 2030!!!!!!!!!!!

And that is what those thermal generators hawks do - ENSARE you and trap you. Instead of 1M Nigerian Generators - they bring one NATIONAL generator - and you'll be paying for it.

Nigerians on avergae are paying 40 cents dollar for generator (fuel is cheap) and Ghana is not doing any better.

Only difference the generator is your power company - and not in your backyard makign terrible noise.

So you're slightly better than NIGERIA. Just slightly.

And those thermal generators make you sign the deal IN US DOLLARS.

Just30:
Your country did not invest any 5 to 10 billion dollars
You have been broke and nothing speaks on electricity investment in your country.

This is one of the reason why Kenya power is bankrupt

with a dilapidated power infrastructure

so how come only 1 million Kenyan escaped poverty this decade ?

Ghana last I checked is a NATURAL RESOURCE dependant country. They should be with Botswana, South Africa and Namibia - if the skin color of Arabs of Morocco, Libya,Algeria and Dubais is too much for you brain.

They are literally mining MONEY (gold) from their dirt.

And here they are struggling.

Coz they are the small -nigeria.

obaaderemi:
This is exactly why Ghanaians have a better GDP per capita than Kenya.

But a country has all sort of people - Turkana up in desert are admittedly hungry - but my people are not hungry - so gov has to come with budget - where it get all the national needs and try to prioritize through parliament.

And there is part gov does - and there is part individual do themselves.

What is important is unlike Nigeria - we are reducing poverty.

We don't have any OIL or GOLD or even enough RAIN - but we are doing a terrific job - and are very happy with it.

vaxx:
first deal with what you can handle . hunger can cause psychological disorder, it can itself alleviate your already fragile country which is at the edge of collapsed due to poor management and high level of corruption.


an hungry man care less about energy. feed Kenyans first.

What is your reference point and year - and we can do the maths.

obaaderemi:
Oil at 3bn and gold at $8bn gives $11bn. Take that from $17bn you get $6bn not $2.5bn.
What did we say about your maths?
By the way we are still Africa's largest palmoil producer and in the world's top five.

How can you run a hospital without electricity? How do you store critical vaccines without a fridge? Maybe ask Nigerians. Fighting poverty and developing is not LINEAR equation. If it was many nation would have long figured it. There is no do xyz - you have to do A-Z at the same time.

vaxx:
i don't know how true is this but if that is true , the money should have been invested to aliviate poverty . invest in social security first ( let medical health and education be totally free or well subsidised) this alone will allow more people to have extra cash to spend. capitalized on greenhouse technology, it will have go a long way to stabilized your hunger drive economy. what is the importance of life without food ? after all, this policy I made mentioned above will not take you energy to power .no matter how good energy might be promising, it can work well in a hunger driven nation. people need to pay bills...

so when two bamboo fall on each other, you take the bigger one first .


Ghana already has a better micro and macro economics, Fitch already testify to that . that is a credit rating aganecy .

Yes it freely available. We are not nigeria. Go to KPLC.co.ke. They list blackout daily out -mainly maintenance areas. They have it on facebook and ussd.

We have emergency team 24hrs whenever there is blackout.

Blackout in kenya are not A PROBLEM.

We have problems but electricity supply is no longer part of it.

Nobody own a generator except standby by big companies

Just30:


you know i can easily get your blackouts

This information is from your Ministry of Finance, Or how else do you think I know these figures from?. Not my rectum. I don't know why you like arguing. Don't you have something to do - like reading a e-book?

Just30:
We Agreed to take as long as they can supply

Our Gas is not enough to power our Gas Thermal plants
Energy consumption is a sign of a booming manufacturing sector.

We will go-ahead to build another pipeline to Nigeria to increase gas supply into Ghana
As well as go ahead to build another gas processing plant.


Our energy market is bigger than the Kenyan economy