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Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 4:17pm On May 06, 2022
Kenya gov an print it's way out domestic debt.
Ghana is projected to default on it's debt by 2024 - because external debt is now going to overtake GDP.
You cannot print your way out of external debt - because it's has to be paid in dollars
Just40:
stop spotting useless stuff...


This is from Bloomberg, Kenya is spending almost 70% of revenue on debt servicing. By next year, according to Bloomberg, it will be 90% of your revenue that you'll be spending on debt servicing .... Zoo country.
Kenya debt servicing is 10% of GDP but 70% of revenue.
Last year December, your country debt servicing cost to revenue was 62%.



As usual, you don't know shit about your country.

Ghana is spending 40% of it revenue on debt servicing.
Ghana debt servicing to GDP is 3.3%


I wonder when you'll ever stop lying
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 3:02pm On May 06, 2022
For the big and small Zoo. Kenya is not going bust anytime soon. Your countries will.

Ghana is spending 50% of their revenues to pay external debt.

Kenya spend mere 10%...lowest in sampled countries.

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 12:03pm On May 06, 2022
Shady as always.
Try to get somewhere as close as this

https://www.youtube.com/watch?v=aw7-zuVZVtk

Just40:
Kumasi people knows how to splash on real estate


https://www.youtube.com/watch?v=FO8tH8hbJMU


https://www.youtube.com/watch?v=bEo25sa35-g
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 11:52am On May 06, 2022
Keep it pictures for a change. Your words I keep saying are worthless.
Just40:
the post was not about the building but the fact that it will take you guys 10 years of serious investment to catch up to us on development.


As usual, Kenyan education failed you
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 11:08am On May 06, 2022
One thing small building?

Just40:
I'm wondering when Kenya will catch up to Ghana in anything that has to do with development.


That day doesn't seem to be coming in the next 10 years... Kenyans deserve better, too.

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 9:20am On May 05, 2022
Kenya economy grew by 7.5 percent in 2021 - full recovery from covid-19

KNBS: Kenya's economy grew by 7.5% in 2021, a rebound from the 0.3% contraction in 2020.

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 2:38pm On May 03, 2022
Development including having green liveable spaces.
GeneralDae:
Now tell me what's special about these pictures, and apart from the first pic, what exactly is the development here grin.
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 11:37am On May 03, 2022
You should have at least 4-5 Nairobi to start with.
But you dont. Your next city Abuja is below Mombasa.
We have other cities..and towns.
And we are not yet urbanized.
GeneralDae:
For them it seems to be 90% Nairobi. Meanwhile, Nigeria's first smart Airport coming soon, where?? Not Lagos, Abuja, PortHarcourt, or even Kaduna and Kano, but rather Uyo.
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 8:18pm On May 02, 2022
You're equivocating. It was simple question that a yes or no answer would have surmised. No need for tortured arguments. We know you paid 70B dollars in pure gold to stop the Brits from sitting on the golden stool (instead of making thousands of golden stool for every Ghanian to sit on) after you were done exporting own citizens as slaves worldwide for the prize of a colourful dress- Indonesian dutch print(Ankara).

Your simping is nothing new. It's been going on for 500yrs.

Just40:
I mean the Ring Road

Bush boy

Shell in Ghana (boy they only sell petrol and diesel here oo) ?
Your foolish politicians allowed Tullow to loot and run away with your country 2 billion dollars for nothing substantial.
Simple*ton
grin grin grin

Boy you don't know shit.

Ashanti Gold for the Greatest part of the Century and the last 2 decade was mostly Ghanaian owned. And as much as possible Ghanaians still end up taking about 80% of whatever good is produced here.


I would be very much worried with you guys having to dash out 80% of your fertile lands to foreign conglomerate and Arab nations to grow useless tea and food for their own country while you lazy kids go hungry daily.
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 7:22pm On May 02, 2022
You mean the George Walker Bush highway that was donated by Americans to Ghana for being the best SIMPS in Africa...who allows jewish conglomerate Ahsanti gold and Shell to milk them dry without ever complaining - and Chinese shaolin gangs to sweep the gold dust remnants - leaving Ghanians with cane rat soup?
Just40:
Bush boy grin grin
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 7:20pm On May 02, 2022
Kenya is doing well - it could do better - but last 1-2yrs it certainly come under stress from exogenous and internal factors - but it still growing and way more resilient that mini and major zoo.

Nigeria the zoo grew by 1.5% despite Oil hitting the roof. Your country still has to import the same Oil smiley - then subsidize it with same oil export money. A VERY crazy country you got there.

Imagine your zoo gov instead of celebrating historic high oil prices as an oil producers....is crying more than Kenya smiley - because they have to import refine oil and subsidize smiley smiley it

obaaderemi:
Exactly @ bolded. We are prophets. We told them kenya was not experiencing any real growth but just cooking the figures. Now they can't eat those fake figures. Reality has set in.
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 3:45pm On May 02, 2022
Nairobi expressway final touches

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 3:43pm On May 02, 2022
When will gold plated Ghana or oil depend Nigeria get here...kenya semi-arid zero mineral country - and you dare gives lectures about economy and development. NAH. Nigg.ah

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 3:28pm On May 02, 2022
You can never compare kenya macro-economic and Ghana.
Nobody will invest in a country whose currency is prone to hyperinflation like Ghana.
Nobody will invest in a country whose macro-economics are unstable.
Stability and predictability - low risk - that what Ghana has never nailed - nobody want to sleep with Cedis and wake up tomorrow to find they lost value.
That is why your economy is still dollarized.
Kenya macro-economics are solid - lasting many years.
We have had very minor issues - that we have immediately corrected.
That is why when you see Nairobi or Mombasa and compare it Accra or Kumasi you want to CRY.
And we dont have Gold, or Oil, or Aluminium, or Diamond.
We got nothing.
We dont have enough arable land...just 11% of the land.
Just40:
Dumb kid

A depreciated Cedi is always good to create an export competitive economy.. You can't have your currency far over valued than your immediate neighbors there by creating a situation where goods produces in your country are more expensive than those produced in the countries around you despite having the advantage in the production.


Those are simple economics


Lending rate in Ghana is at 10%

Kenya is suffocating under it debt because it debt repayment to revenue currently stands at almost 80% of your country revenue.
I wonder if your country will be able to page wages this year

This is the reason why Kenya can't afford to buy fuel and there are long lines everywhere.


When your politicians stop paddling economic data for political propaganda, and Kenyans grow the balls to actually interrogation fake economic data, Your country will finally start getting better.
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 3:26pm On May 02, 2022
True - the entire political class is very corrupt - and that makes it a non-issues.
The question is who in the corrupt political class can get some stuff done. That is real differentiator.
tylann:
Uhuru kenyatta and his deputy are both corrupt no one is better than the other Kenyan political class is excessively corrupt..ruto is just taking advantage of gullible Kenyans
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 11:11am On May 02, 2022
Usual madness.
Last year this time - Cedis was exchanging 5.80 to a dollar.
As we speak now - it 7.6 cedis to a dollar.
That is serious depreciation.

Kenya SHS has depreciated from 110 a year ago - to now 116.
Our debt to gdp is not even 70 percent
Base lending rate is 7 percent
Our inflation is single digit.

In short slowpoke - Kenya will and has always been miles ahead of Ghana despite your minerals.

Just40:
Ghana Cedi has recovered all it losses
Ghana inflation has recorded a drop to around 13% for the month ended.

Ghana debt to GDP has recorded a drop to 77%




The Kenyan economy does not exist hence the bread lines and fuel line all over your country.
A complete zoo
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 9:58am On May 02, 2022
Ghana the mini zoo can never lecture kenya on anything macro-economics. You look for company in your fellow brodas NIgerians.

https://www.reuters.com/world/africa/ghana-imposes-record-interest-rate-hike-slow-inflation-2022-03-21/

Meanwhile, Ghana's cedi has weakened by about 20% against the dollar this year, making it the second-weakest currency after the Russian rouble in a list of some 20 emerging market units tracked by Reuters.

Addison blamed that in part on recent downgrades by credit ratings agencies Moody's and Fitch, which he said shook investor confidence.

Ghana's total public debt stands at $50.8 billion (351.8 billion Ghanaian cedi), according to central bank figures, about 80% of the country's gross domestic product.

Ghana announced its biggest ever interest rate hike on Monday as it seeks to slow rampant inflation that threatens to create a debt crisis in one of West Africa's largest economies.The Bank of Ghana raised its main lending rate by 250 basis points to 17% grin grin grin grin


Bottomline - GHANA ECONOMY HAS/HAD COLLAPSED.
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 9:49am On May 02, 2022
You are still screaming - like the market madman.
Kenya is doing way better than Ghana - whose cedis collapsed at some point to 8.4 to a dollar - 18 percent deprication in single quarter - WORLD WORST performing currency according to Bloomerg.
Our inflation has risen by 1 percent (underlying) - and headline by 2 percent - yours at some point was up 20 percent - worse inflation since 2009.
https://www.africanews.com/2022/04/13/ghana-s-inflation-hits-highest-since-august-2009/
Ghana is a MINI ZOO. Nigeria is a main Zoo.
Kenya is a progressively run country that went through small problems after drunkard president dropped the ball.
Kenya can will fix that problem in less than 100 days.
Just40:
don't mind them, they had 4 good years of us warning them that any small external crisis will torpedo their entire country into a terrible place and they didn't listen.
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018:
First Nigeria and Kenya cannot be compared. You got very very serious problems. Start first by fixing your education system - and getting millions of kids out of school back to school. Then fix electricity . Then fix pretty much everything that is broken in your country...which is almost everything.

Now let move to Kenya.

Yes Uhuru was always a drunkard. That we knew. That is why we gave him Ruto to help him steady the ship. The first term was great - gov functioned like a clock-work - a lot of work was done. Electrification rate that world fastest - paving of 10K roads - name it - it was huge success and they were re-elected by an even bigger mandate than in 2013 (when both were facing ICC crimes against humanity charges)

The 2nd term was premised on what they called BIG 4 agenda. Then fallout happened. I have spoken to people close to Ruto. They tell me It was down to Uhuru alcoholism, and laziness. DP Ruto was very upset when Uhuru said they should shelter the big four agenda and change the constitution - in misadventure called BBI (which was invalidated by high court, court of appeal and finally the Supreme court).

Ruto was like "BOSS, my job is only to advise and assist you. I think we should implement this thing to the end; let's stick to the promise we made to Kenyans" .The next day Ruto started getting signals. Soon, it was a total blackout. 4.6 years later we have a mess. Unbekonwn to many Kenyans - Uhuru seeing himself as "too young to retire" was trying to find means to extend his stay in power. Thankfully our independent judiciary stopped him right on time.

Uhuru with his known drinking problem has almost driven kenya to a ditch - he has borrowed in 2nd term more than in 1st term - with almost nothing to show - it's gone to recurrent expenditure (Nigeria style). The gov has become totally dysfunctional it last held a cabinet meeting two years ago. Covid and Ukraine thing have compounded the problems.

Now we are going into election - it's btw Ruto and Raila (the guy is trying for 5th time - but is frankly too old and weather beaten - another Buhari who is sleeping on meetings). Ruto on the contrary is very brilliant, very determined, natural leader and very effective. Ruto is leading in most opinion polls and I think if he wins - we would be in very good stead.

Kenya has to fix minor issues compared to Nigeria. What we are trying to fix is manufacturing, more food production for all, better housing for all and free healthcare for all (Ghana has done this).

obaaderemi:
You've started praising Ruto the same way you praised uhuru to high heavens initially. Nigerians called him the drunkard president then. You now call him the same. grin

You of all little Indians here should know your economic crisis is systemic. It's a fallout of dèep endemic failures over the years.... corruption, gratuitous borrowings, and lack of real growth of the economy. What you call growth is a bubble which has now burst. Expect more troubles for the Kenyan economy. The signs are bad.

Your agricultural sector is suffering. TEA is no longer doing well, unlike oil occasioned by Russian Ukrainian war. Things are about to look a lot better for Nigeria. We just need to be more serious about fighting terrorism. And with a new president coming in next year, there's a huge possibility of that happening.

On subsidy, it's like the forbidden fruit. Kenyans have tasted it. Remove it and see how prices of goods would go through the roof. It will finish your economy and mess up your society. Your problems are bigger than you think.
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 4:08pm On May 01, 2022
Kenya is far from being a zoo like Nigeria. I know you're looking for company in your misery corrner but none of our problems are systemic. They are just as result of current government dropping the ball the last four years. The drunkard president has not even held a cabinet meeting in the last two years.

The kenya economy is still expected to grow at 5-6 percent this year but few issues structural changes needed.

I believe Ruto's so called bottom up economic model - will within 1yr have steadied the economy and it will fire in all cylinders.
1) Debt - about 70 percent to GDP - we need to stop borrowing - and start to finance infrastructure through savings & sale of gov assets (more privitisation).
2) We have to reform public sector - KQ for example is bottomless pit - there are many SOES - parastal - that needed to be privatized.

More importantly - we need to fix joblessness - and under-employment - that is affecting about 15M adult Kenyans.

1) 8M of 15m are farmers - we need to fix our agric sector.
2) 8M are informal sectors - we need to implement the Big 4 agenda that Uhuru has failed. Housing alone can employ 4 million people...that willl build upto a million housing units. Uhuru unfortunately has delivered very little. Manufacturing push is also now possible with strong infrastructure...Lamu free port can become big SEZ.

Stuff like fuel shortage - those can be fixed in a single day. Remove the fuel subsidy.

In short Uhuru has dropped the ball - but he has 99 days to go home.

All that is needed is to implement the last 5yr plan - so called big four - Food, Housing, Manufacturing and health care - with seriousness it needs.

We have to write off the last 3yrs due to COVID/RUSSIA/Elections - external factors - and our own internal (lack of leadership as drunk Uhuru became Buhari smiley - an illiterates who should never be near presidency of any country leave alone Nieria )

obaaderemi:
Whoever wins, Little India remains what it is, a disgraceful wretched place.

Current events show the country is going to remain in decline. Fuel crisis, rising poverty, indebtedness, falling economy, etc. And expect the election to be bloody as usual

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 10:08pm On Apr 30, 2022
kikuyu1:
Kibaki, the quiet Keynesian was the quintessential performer! The diligent finance director in a big company ALWAYS on time with audits and tax, training and planning while the HR guy is ever slow on updating staffing requirements despite endless directives from the MD.
Now the self centred prez wants to inflict the same HR guy on us in State House to protect his fam's ill gotten gains. HELLZ NO!?
Btw, did you notice the spontaneous cheer Ruto got when he rose to make his speech at the funeral?
Raila doesn't understand anything about economy..his educational background doubtful and would take us back to moi era dictatorship and kleptomania..at worse time.Ruto is brilliant, hardworking, go getter and is multi talented.. definitely would make a great CEO.
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 9:47am On Apr 30, 2022
Unfortunately the current drunkard president Uhuru has dropped the ball - and kenya is on throes of an economic collapse. For first time in anyone memory - kenya are queuing for petrol like Nigeria. The forex(dollars) are being rationed. Inflation has risen to 8 percent. Things are starting to look and sound like Ghana...a small zoo..on the way to hopeless big Zoo of Nigeria.

Kibaki found an economy that was in recession - and quickly grew it to 7 percent - by slashing interest rates, balancing budget, reducing debt, growing revenues, and turning around the economy. Kibaki unfortunately was poor politician - slept on political front - and had to rig his re-eleciton leading to almost civil war that brought the economy down to 1.7% and many deaths & destruction. But after a coalition gov was negotiated, he again turned it around growing it by 8-10 percent before exiting. And of course delivering the 2nd kenya republic with new constitution.

Now Kenya is here- broke & choking in debt - led by a drunkard - but fortunately we have three months to right the ship in the next election.

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018:
Kibaki became 1st African to score 1st class degree in London school of economics - having also scored 1st class in Makerere and was always top in his class.

Kibaki was appointed as Minister for Finance in 1969 and Kenya recorded economic growth rates of up to seven per cent and Kibaki’s sterling performance in that docket is widely known that World Bank President Robert MacNamara once described him as “one of the greatest economic brains to have emerged from Africa”.

In 1977, the Time magazine recognised Kibaki as one of the African leaders of the 21st century, with high potential. In 1981, the magazine again named him among its annual top 100 people who could lead the world in various capacities.

Kibaki on family planning

https://www.youtube.com/watch?v=0TWc_5LWroo

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 6:45am On Apr 30, 2022
Kibaki rebuilt the economy that had been ravaged by Moi dictatorship and kleptocracy - rebuilt infrastructure and lead to economic boom that saw economy grow from -2 percent to 7 percent in 5yrs.

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 6:40am On Apr 30, 2022
Kenya buries it's 3rd president - one of africa most intelligent leader - who transformed kenya economy from 1960s. Kibaki was top on class right from grade 1 throughout his degrees at Makerere and London school of economics. He helped designed the economic policies that transformed 89 percent semi arid no resources Kenya now into Africa largest non mineral economy.

Kibaki and late Tom Mboya designed Africa socialism economic policy that transformed kenya in 60s into competitive economy growing at 6-7 percent despite having zero minerals and limited arable land. He became the finance minister for most of 70s and 80s. Became opposition leader for most of 90s...and eventually became president in 2003.

Despite old age and two strokes that hampered his mental acuity - he put kenya on transformative path - that has since the economy grow 7-8 times in 20yrs....from 12B economy to now 110B.

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 5:44pm On Apr 20, 2022
Epic drone shot of Nairobi elevated expressway as it near construction - about a year ahead of schedule. Incredible.

Those who think Joburg is far ahead of Nairobi need to come and check in 10yrs.


https://www.youtube.com/watch?v=pDvYvOf4xpQ
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 5:28pm On Apr 20, 2022
Tatu City - I was passing there today - Moderna 500M dollar investment will be set up there.

President Uhuru Kenyatta today in State House, Nairobi witnessed the signing of a memorandum of understanding between Kenya and Moderna to establish the first mRNA manufacturing facility in Africa.

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 5:25pm On Apr 20, 2022
PetroDolla2020:
Dont burst a vein..

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 5:19pm On Apr 20, 2022
The final stages of Nairobi expressway - flowers - all trees cut will be replanted back

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 5:17pm On Apr 20, 2022
Kenya is moving ahead...
PetroDolla2020:
Bla de bla.....nonsense

Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 5:11pm On Apr 20, 2022
Long story short. Fix this. Copy kenya and have Tourist Police Unit. Tourist issues are unique and cannot be dealt by any local police.

Tourist Police Unit
The Unit is established to support the following functions of the Kenya Police Service in accordance with Section 24 of the National Police Service Act, 2011.
i. Protection of tourist‘s life and property
ii. Provide security and safety to tourists
iii. Handle and receive inquiries, claims and complaints by tourists
iv. Investigate tourists related crimes and prosecute offenders
v. Patrol beaches, hotels and tourist circuits street/roads used by tourists with a view of averting attacks on them
vi. Provide escorts to tourists
vii. Protect tourist from harassment by beach operators, parking boys and hawkers.
viii. To offer general advice and guidance to tourists
ix. Assist tourists during cultural festivals.


Kazikazi:
You won't succeed on killing the image of the island or TZ as a whole.It will be very hard for the world to believe to a naija girl.Besides that,you are using wrong methods. Imagine how the witches for the past 2 days have been busy hacking the website of Warere resort to the point that the attacks were too much until everything stopped working. And the same witches,more than 13,000 of them went to the hotel website and put the very bad reviews until the hotel was left by 1 star. But since we are the communists,we quickly turn everything around and all the star's are bad and we erased all those shithole reviews.

Zainab is a witch.
IF she wanted a fair thing she shouldn't have asked for 10,000 dollars compensation. She should 've asked for a court case. Nigerian embassy is in TZ,she should have gone there for assistance.
Politics › Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 5:18am On Apr 05, 2022
Agreed. This fuel subsidy is bone-headed idea that has never worked. Nigeria is good example. Kenya got it's first fuel crisis - just four months after the fuel subsidy. It's better to let people absorb the price increase than attempt to subsidize fuel prices.

Anyway we still have four months of this gov that seem to have completely derailed.

obaaderemi:
This is going to get worse. A lot of corruption is associated with fuel subsidy stuff.

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