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Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 1:39pm On Feb 04, 2021
Can we talk about Nigeria Airways - that was last seen on air in 1985 - majority of people here were not born.
KQ has done proud - and has flown since 1978 - when EAST AFrica airways split into country flags.
KQ is still flying.
It's a strategic national asset - we will keep afloat.
68816419:
Can we talk about the loose making venture just like KQ?
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 1:38pm On Feb 04, 2021
The usual drift; we start from denial; then we go into racial excuses; they are kenyan companies; paying taxes; with factories, employees, and name it.

68816419:
I just discovered that 90% of these pharmaceutical companies are not owned by Black Kenyans,why?
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 1:32pm On Feb 04, 2021
Again again again - LINK - to support this hallucination : entire west africa; morroca smiley smiley

You export about Somalia level
Ghana's pharmaceutical exports were worth $3.6 million in 2018. Trade partners are largely regional, with half of sales going to Cameroon, Côte d'Ivoire and Gambia

Just30:
now you want to know the countries that import Ghana drugs

The entire west Africa, Morocco and central Africa.
Soon we will add Kenya


Grow the pharmaceutical industry in kenya to be as big as Ghana

The gab in embarrassing grin grin
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 1:30pm On Feb 04, 2021
57% makes him the majority owner. This a new mall - it not going to turn profit overnight. It has to be occupied and sold off.

And note we are talking just small part of two rivers project - the mall.

Otherwise Kirubi own the 200 acres around it - which will become mini city - as already many building are coming up there.

68816419:
Can u STF, kirubi owns 58% and the Nairobi-based Two Rivers Mall is also reeling under mounting losses. The mall, which is partly owned by NSE-listed Centum Investments, reported a net loss of Sh3. 4 billion in the year ended March – down from a profit of Sh915. 8 million a year earlier.. Everything about Kenya is not profitable, from the Airline, Supermarkets, Housing and now Malls

https://www.constructionkenya.com/7419/kenya-mall-business/
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 1:27pm On Feb 04, 2021
All good except it's wishful. Quote something to bank your dwarf country.

'500M is just the prescription drug market in kenya in 2014

Now tell us which countries import Ghana drugs.

When you cannot even satisfy local demand.

Meanwhile always remember - Kenya is currently the largest producer of pharmaceutical products in the Common Market for Eastern and Southern Africa (COMESA) region.

Just30:
now stop conjuring numbers out of your but hole

Kenya pharmaceutical industry is valued at 500 million dollars in 2019 with import of almost 500 million in drugs

There is a negligible manufacturing presence in kenya.
Reexport of drugs from kenya is less than 50 million.


Ghana pharmaceutical industry is worth 1.6 billion dollars as at 2019
Local drug companies produce 45% of drugs and have the capacity to produce 70% .

Export of drugs is 220 million dollars.

Keep screaming pharmaceutical giant when you Parma industry is a peanut 500 million in value
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 1:21pm On Feb 04, 2021
Kenya has been pharma giant of sub sahara for long time.

This is 2005

A groundswell of support for developing the local pharmaceutical industry
As early as in 2005, a World Bank study had identified that Africa, South Africa, Kenya, Nigeria, and Zimbabwe have the industrial capacity that can be made available to produce medicines for export or for domestic consumption in the face of the diminishing supply of generic medicines from the major producers.

Just30:
and where does the report list Africa biggest market?

Seems reading is a problem for you

The report listed countries and their current growth in demand.

500million is a far cry from 1.6 billion dollars
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 1:19pm On Feb 04, 2021
Mckinsey

In sub-Saharan Africa, only Kenya, Nigeria, and South Africa have a relatively sizable industry, with dozens of companies that produce for their local markets and, in some cases, for export to neighboring countries.

https://www.mckinsey.com/industries/public-and-social-sector/our-insights/should-sub-saharan-africa-make-its-own-drugs
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 1:17pm On Feb 04, 2021
No more quoting data.

Let me help you - Kenya domestically produced pharma was 750M in 2018. Kenya export about 150-200M worth of drugs. Kenya still import about 650M.

Do the math's - by now - kenya pharma is nearly 2B dollars.

Ghana you have ZERO exports, you produce only 30% of your local needs and import 70%.

Look for something else - kenya is pharmaceutical giant of sub-sahara exporting drugs to more than 10 countries.

Just30:
seems you cant read the data there


Your pharmaceutical industry is a peanut 500 million in 2019

That's 3 times less the size of Ghana pharmaceutical industry in 2019
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 1:14pm On Feb 04, 2021
That is McKinnsey report; a very reputable firm
Just30:
now you are running after blogs

Desperate
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:57pm On Feb 04, 2021
It's good he is now providing link because we will bury him. By time kenya account for 50% of COMESA - it's no joke. Egypt is part of COMESA.
Shma2020:
That is his mode of zombie re-activation.

He always operates in four stages before transforming into a full zombie.

Taking advantage when you're busy dealing with other issues with different country - licking ar*s on the way - support a claim with lies - when facts overweight his opinion baby tantrums of underdevelopment follows..... - he will close the game with kibera, Turkana and hungry Kenyans ~ this is the point of frustration and pain.

And there zombie he is. grin
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:54pm On Feb 04, 2021
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:54pm On Feb 04, 2021
slowly orbit. I am using the data you provided

Kenya has 12,955.749 for 2019 verus ghana 172.947

Now less do basic 12,955.749/172.947.

Kenya pharma is nearly 74 times BIGGER



Just30:
Kenya Exports: Medicinal and Pharmaceutical Product was reported at 12,955.749 USD th in Dec 2019

grin cheesy grin

12 million USD

Is what you want to compare to Ghana

Such joke
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:49pm On Feb 04, 2021
You're now going to wordpress . Kenya is pharma giant in Sub-Sahara Africa. Only South Africa can tell us shiet. But you west african are still celebrating manafucturing a syringe smiley
Just30:
That's peanuts grin grin
While your pharmaceutical industry hit 500 million in value in 2019, Ghana pharmaceutical industry hit 1 billion dollars in 2018
https://www.google.com/amp/s/ghanafinancialmarket./2018/07/05/pharmaceutical-industry-hits-us1-billion-in-value-70-of-drugs-are-imported/amp/


Ghana exim bank has invested over a billion dollars in various manufacturing plants, in order to bring import of products to just 30% .
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:48pm On Feb 04, 2021
Africa top 10 - in pharma - 70% of revenues
Algeria,
Egypt,
Kenya,
Côted’Ivoire,
Libya,
Morocco,
Nigeria,
South Africa,
Sudan,
Tunisia.

Ghana - NOT there - with other 42 countries accounting for 30% of revenues.
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:43pm On Feb 04, 2021
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:40pm On Feb 04, 2021
It's a damn retailer. A dispensing chemist. Halton sell perfumes and such things. Ghana are babies in pharma industry.
Shma2020:
A weeny dying pharmaceutical company and they think they have made it. grin
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:39pm On Feb 04, 2021
LINK would settle it.
Domestic - market
Kenya has a significant, and growing, domestic pharmaceutical market valued at $750 million at the end of 2018, up from $417 million in 2010.
https://www.asokoinsight.com/content/quick-insights/kenya-leading-pharmaceutical-companies

Kenya import -
US$557.24 Million
Kenya Imports of Pharmaceutical products was US$557.24 Million during 2019, according to the United Nations COMTRADE database on international trade.

We haven't touched the export market - and kenya pharma companies with regional subsidiaries.

Just30:
when will you stop lying ?

The value of your total pharmaceutical industry is 450 million,
Kenyan report of drugs was 58 million dollars in 2019.
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182:
Show me South African owning most

The top 4 are purely kenyan owned.

Absa- formely barcalys - is now owned by Barclasy (Absa RSA is a subsidiary)

So we can only talk about Stanbic - at no 7 - being South African - although it also subsidiary of Standard chartered of UK- bank smileysmiley

Comparative Rankings (to last year):
1 (1 + 12) KCB. (+NBK)
2 (2) Equity.
3 (8 + 10) NCBA.
4 (3) Co-operative.
5 (4) Absa (Barclays) Kenya.
6 (5) Standard Chartered Kenya
7 (7) Stanbic Kenya.
8 (6) Diamond Trust.
9 (9) I & M.
10 (11) Baroda.

Conclusion - NO SOUTH AFRICAN bank truly own any kenya bank - the two in top 10 - stanbic/absa - are subsidiaries of Barclays and Standard Chartered (UK) - british banks

68816419:
Most of their top Banks are partly owned by SA
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:30pm On Feb 04, 2021
LINKsmiley exported to which country for example. When you are importing 70% of your drugs smiley smiley; How can be exporting when you have not cornered domestic market from India and chinese.
Just30:
Ghana pharmaceutical exports was 200 million dollars in 2019

That's more than 10% of the industry value
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:28pm On Feb 04, 2021
GHANA

Pharmaceutical sales reached $299 million in 2018, according to Fitch Solutions, up slightly from $293 million in 2017. Sector income represented 0.5% of Ghana’s GDP and 13% of total healthcare expenditure in 2018.

Just30:
will you shut up there

The value of Ghana pharmaceutical industry is 1.6 billion dollars while that of Kenya is a peanut 450 million dollars.
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:27pm On Feb 04, 2021
Kenya domestic pharma market is nearly 1B dollars now and the export is about 1B.

Look like you searched for 2010 data smiley
The value of the Kenyan pharmaceutical market was estimated at US$ 417 million in 2010 and it is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.9% between 2009 and 2019 in US dollar terms.

Just30:
your pharmaceutical industry is a peanut 450 million dollars in value

Now shut up and learn grin
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:25pm On Feb 04, 2021
Ghana Pharma industry. Export zero. Imports 70% of their drugs
https://www.asokoinsight.com/content/market-insights/ghana-leading-pharmaceutical-manufacturers
As is the case with many developing countries in West Africa, Ghana’s pharmaceutical industry is dependent on foreign inputs and finished pharmaceutical products. Roughly 70% of pharmaceutical demand is met by imports, mostly from India and China, with local production accounting for the remaining 30%.
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:21pm On Feb 04, 2021
Kenya supply 50% drugs in this map. Ghana bought a retail shop using funding from USA. If Egypt doesn't even compete with Kenya - what will Ghana do. Kenya pharma have very strong linkages with India and many kenya firm manufacture generics.
https://upload.wikimedia.org/wikipedia/commons/thumb/4/46/COMESA_Members.svg/800px-COMESA_Members.svg.png
Just30:
Cry


From now onwards, the drugs that will dominate your market will come from Ghanaian companies like Entrance pharmaceuticals
Ernest Chemist
Danadam
Ayrton pharmaceuticals
Bedita pharmaceutical
M&G
Letap and etc
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:19pm On Feb 04, 2021
Kenya beat Egypt in pharm industry. Little crap from GHANA cannot even get here in 50yrs.

Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:12pm On Feb 04, 2021
You're all over. All Kenya malls are owned by Kenya except for Actis.
None by any south african. None by the French.

When Nakumatt died - many foreign supermarkets that have been eyeing kenya - including shoprite, massmart, walmart, carrefour - quickly came and took over as anchor tenants in high end stores.

South African as always brought their A-game and they left without the shirt. Carrefour - came and is now thriving - about 10 stores.

However we have more than 300 kenya owner supermarket stores -

Kenya chains like Naivas are now at 65, Tusky was also 60, Nakumatt 65, and many more.


Austine1213:
What's your largest? Cos a French company is the one making money lol

Damn so you think shoprite is a mall lol

Nooo shoprite is a supermarket, when I speak of malls I mean the likes of 2 rivers mall and its estate lol
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:04pm On Feb 04, 2021
PLEASE - SHOPS - dispensing shops - you came and bought low end retail shops.

OTHERWISE:

Kenya is currently the largest producer of pharmaceutical products in the Common Market for Eastern and Southern Africa (COMESA) region, supplying about 50% of the regions' market. ... Prescription drugs account for around 78% of the market.


The pharmaceutical industry in Kenya consists of three segments namely the manufacturers, distributors and retailers.

The number of companies engaged in manufacturing and distributionof pharmaceutical products in Kenya continue to expand, driven by the Government’s efforts to promote local and foreign investment in the sector. There are about 700 registered wholesale and 1,300 retail dealers in Kenya, manned by registered pharmacists and pharmaceutical technologists. These pharmacies are accorded a 25% mark-up on retail drugs. The pharmaceutical sector in Kenya is also engaged in assembling capsules, disposable syringes, paracetamol, and surgical gauze amongst others.

Pharmaceutical Manufacturing Companies In Kenya:
Alpha Medical Manufacturers – Nairobi
Aventis Pasteur SA East Africa – Nairobi
Bayer East Africa Limited – Nairobi
Beta Healthcare (Shelys Pharmaceuticals) – Nairobi
Cosmos Limited – Nairobi
Dawa Pharmaceuticals Limited – Nairobi
Didy Pharmaceutical – Nairobi
Diversey Lever – Nairobi
Eli-Lilly (Suisse) SA – Nairobi
Elys Chemical Industries Ltd – Nairobi
Glaxo SmithKline – Nairobi
High Chem East Africa Ltd – Nairobi
Ivee Aqua EPZ Limited – Athi River
Mac’s Pharmaceutical Ltd – Nairobi
Manhar Brothers (Kenya) Ltd – Nairobi
Novartis Rhone Poulenic Ltd – Nairobi
Novelty Manufacturers Ltd – Nairobi
Pfizer Corp (Agency) – Nairobi
Pharmaceutical Manufacturing Co (K) Ltd – Nairobi
Pharmaceutical Products Limited – Nairobi
Phillips Pharmaceuticals Limited – Nairobi
Regal Pharmaceutical Ltd – Nairobi
Universal Pharmaceutical Limited – Nairobi
Cardiovascular, diabetes and anti-infectives constitute the largest and fastest-growing prescription market segments, and GlaxoSmithKline (GSK) is reported to be Kenya’s leading pharmaceutical supplier, with around 12% market share. This is primarily due to the fact that the company reduced the prices of key products by approximately 40% a few years back. Around 41% of all anti-infective products sold in pharmacies were licensed to GlaxoSmithKline.

GlaxoSmithKline has been able to garner a substantial share of Kenya’s pharmaceutical market largely due to the popularity of its anti-infectives, which account for approximately 42% of all revenues generated in the prescription sector. The prices of Amoxil (amoxicillin) 500mg, Suprapen (amoxicillin plus flucloxacillin) 500mg and Floxapen (flucloxacillin) 500mg are particularly competitive within the respective active ingredient classes

Just30:
He knows he was replying a Ghanaian

He's just saying that, even your first and second largest pharmaceutical chain is now owned by a Ghanaian company.
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 12:02pm On Feb 04, 2021
They don't even dominate even farming - which lowest hanging fruit. Just public taxis - and they kill each other a lot. The gun violence is akin to USA.
Shma2020:
grin cheesy.. A normal Black SAn in a wide picture.!!

You can't be despising other people's efforts yet you live in a lizard ravaged chamber.
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 11:58am On Feb 04, 2021
Just 80 smiley - and I bet majority are rushing to the exit door.

The only ones who survive - are the very old one - that Boer brought to Kenya in 1970s/1980s.

Kenya was one few boer friendly nation that didn't ban south africa companies.

Those ones are few that still exists - like Old Mutual.

The ones by BIEE nonsense of ANC cannot survive a day. They are run by incompetent south africans like you.

Austine1213:
Over 80 SA companies operate in Kenya and 150 in Tanzania

SA is Kenya top 5 largest investor in the world, even safaricom your largest company is owned by a South African company, your largest malls.

In terms of hotels, Kenya does not have a home grown big player, retailer theres no home grown retailer, etc
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 11:56am On Feb 04, 2021
The only black dominated economy in South Africa - is the crime laden taxis - matatus.
Shma2020:
You're no longer bulding skyscrapers because the boers(colonies) are now leaving your country.

Kenya is bulding skyscrapers and other modern lowrise cities like konza, tatu, kizingo, railway city.. Etc.

It's time for a black ridden economy to dominate.
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 11:55am On Feb 04, 2021
Kenya formal retail is above 30% - the number indigenous supermarkets in every town - up.
2nd only to SA in RSA.

Carrefour is not largest smiley maybe the largest foreign owned - after Shoprite left without their shirt.

The number of south african malls that have left minus their shirt is staggering.

Kenya is your death bed in any kind of venture...

Austine1213:
Damn your 2nd largest got 20 shops?

Where the formal retail that you always speak of? Your largest supermarket has less than 10 shops Carrefour right?
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 11:53am On Feb 04, 2021
It's broke - hobbled by poor human capital (like you) and structural issues like electricity.
Austine1213:
SA is no longer building skyscrapers, but building clean morden midsized highrises

Check Century city, Sandton city, menlyn, waterfall city, steyn city, Melrose arch, Umhlanga etc

Above mentioned are among recently built cities
Foreign AffairsRe: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 11:52am On Feb 04, 2021
Nonsense.
Vodacom is owned by Vodafone - and they own 40% of safcom.

Largest mixed used retail - is 2 Rivers - owned by Kenyan - Kirubi
2nd largest - is Garden City - owned by Actis/formerly CDC - British gov investment fund.

Kenya largest hotel - which one is that - that has french ownership .Serena is one of kenya largest hotel chain - and they have branches all the way to Congo?

Carrefour is not biggest retail in Kenya. There many indegenous kenyan stores that replace Nakummatt and now Tusky. Naivas is now about 60 stores.

Airtel is not even worth 20% of the mobile network.

You are free to spew nonsense.

Austine1213:
SA company owns your largest company lol
SA owns your largest mixed use real estate, your largest malls

Your largest hotel is french
Your largest retailer is french
Your largest mobile network is indian
Should I continue?

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