₦airaland Forum

Pure capitalism will never work. Pure communism. Pure socialism. Modern gov has aspect of all of them. Gov runs more as communism/socialiasm. Private sector run as capitalism. Gov is regulator to ensure the evils of capitalism are reduced. Otherwise it become the survial for the fittest.

You fail when you run private sector as communism/socialism as the profit motive dissappears (hardwork pays) - laziness & jealousy like Ghana and Tanzania sets in.

Just40:
Welcome to communism... It's the same old play book

Before you realize, there's shortage everywhere because of hoarding. Economics 101 will correct the mistake and in the end, you achieved nothing

More Miraa stories - be careful. Those miraa or Khat twigs has creative juices.


https://www.youtube.com/watch?v=Xe1wBwd_60o

Shaytun:
Nigerian female artist Ayra star lyrics being used in an exam in Kenya.

Slowly but surely Kenyans are being nigerianized 😎😎

Market failures need tough action - not just policies - heavy punitive fines - etc. Gov also can go into private business if private sectors are colluding. To fix market failures - require strong leadership that is not conflicted - to eliminate monopolies, oligopolistic tendencies, collusions, state capture and such.

Just40:
Yes... Using policies but not to physically stop market forces.

Ghana did this in the 80s, it doesn't work . It is also against ITO practices.

GOv job is to regulate market to prevent market failures. Nigeria is good case study where cement by Dangotes and few crooks is more expensive than if it was imported or rice.

Dangote is a crook who captures the market by first lowering prices to kill competition - then after they are out - he jack up the prices - as he is now almost a monopoly. Sometimes if they are one or two players - they can meet over coffee - and decide that tomorrow we sell cement at 20 dollars a bag - and it shall be done.

Dangote become extremely rich - Nigerians extremely poor.

Something like Kenya Anti Competition Authority is needed in Nigeria.

Just40:
🤣😂🤣

Intervening in real market forces. It won't solve your problems

Miraa or Khat should be banned in Kenya like it is in Tanzania.

These stories are called - stori za Jaba.

Miraa is codeine like drug - that makes consumers - conjure crazy stories.


https://www.youtube.com/watch?v=7tu4mkkkQRU

Kazikazi:
I nearly cried reading this stuff.
Kenyans...
How long will u keep on starving? How long will this madness go on and on?
Now I know why rvp is busy calling Tanzanians lazy, it's a defensive mechanism to hide the real laziness and hunger faced by Kenyans.

A Kenyan lady have reached a point of nearly killing a honest man for a meal? Is this how hardworking Kenyans are?

Hohohohohohohohohohohoho

No taking off is what is happening in Veitnam, India and Bangladesh.
And what happened in China.
China is yet to be developed country.
It is when you accelerate or rapidly growly.
You just dont want to end up like South africa - where you take-off doesnt hit 40K feet above ground - but somewhere 10K feet
At 10k feet - you will soon hit Mt Kilimanjaros.
You want to be at 40K feet above ground - engage the autopilot - and let the economy fly itself.

So take-off like in a plane is the most difficult part - then you rapidly gain altitude or height - and soon you're at 40k - auto-pilot on.

Kazikazi:
Why are u mixing stories?
Taking off is when a country moves to a higher income category.
That is what happened to Singapore, south Korea,Taiwan,etc
But stacking in the middle income is what Botswana,Namibia and SA are,but they have a low fertility rate

They are all middle class or upper middle class.
Kenya would be very happy to be there.
Their biggest headache is how to move from middle class to high income or developed country.
That is where jobs are plentifully, people are happier, quality of life highest.
Tanzania you need to move from LDC
Kenya at 2000USD need to double its gdp per capita to get to South Africa/Nam/Botswana level.
That should happen shortly.
Then hardest part start - how to avoid middle class trap - like South Africa has found themselves in.
Where you're neither developed or developing.

Kazikazi:
Idiot
Do u think development has a formula?

Do u know the fertility rate of Botswana, Namibia and south Africa?
Are they taking off?

NO my friend. Look for proper experts like me to help you. Not random idiots on twitter - who like you think building stuff will magically lead to economic revolution.

Kenya is at the cusp of economic takeoff - following the footprints of India, Bangladesh and Veitnam.

In 5yrs from now it will happen. The foundation has been set - the hardwork done - what remain is vroooooooooooom from 2030.

If you're still far from controlling your population growth - FORGET ABOUT IT. That is 1st. 2nd is education. Third is electricity. Those are the basics.

Kazikazi:
Confession time

In meantime Nigeria inflation is down to
1) Printing of Naira - 50B dollars - by CBN at behest of Buhari.
2) Dangote and few mostly Northern elite cartels who have captured Abuja and Nigeria key sectors through sweetheart import restriction, collusion, forex and other market failures.
3) Decayed or total collapse of basic infrastructure - difficult business environment - no electricity - crazy traffic jams - port where containers takes a month to snake it way out

This despite Nigerian as individuals being very enterprising and creative.

Solution.
1) Fix macro-economics.
2) Fix Dangote like cartels. In Kenya we call them dynasties - rich and powerful political & business elite who conspire to enrich themselves at expense of others - erect barriers in sectors - gain unfair advantage - then force everyone to buy their cement or beer or juice or medicine or milk expensively.
3) Fix infrastructure to reduce cost of doing business.

The rest Nigeria creative, hardworking and enterprising people will do. If it was South Africa - where blacks are totally incapable for historical reasons - having been broken by the Boer - it would be hopeless situation.

But good thing - Nigerians as a people are very enteprising and hardworking like Kenyans - unlike Lazy Tanzanians, Indolent Ghanian and the hopeless South Africans blacks who has been emasculated by Boer after 200yrs of enslavesment like Black Americans.

Ruto gov. Brilliant interventions. Sound macro-economic management. Dismantling of cartels that had started to cause market dysfunction like Nigeria Dangoteland. The cartels engage in price fixing - and are in almost every sector - Ruto gov has made it priority to finish them all business cartels - so market forces can work - supply and demand forces ultimately should lead to fair prices.

And of course resumption of rain - after 5yrs of drought - we now going into 5yrs of rainfall - meaning more food - more hydro power - more water supply.

Some of Ruto brilliant interventions.
1) Nailing 4.5B dollar oil import deal with Saudis and UAE to supply fuel for 9 months on credit easing pressure of forex.
2) Allowing duty free import of maize, rice, wheat and et.
3) Revamping moribund Kenya gov trading arm - that use to engage in wholesaling and retail -- KNTC to distribute duty-free food items through 500,000 retail shops across Kenya.Trade CS estimates a 30% decrease in cost of cooking oil, beans, sugar, rice, and maize under duty-free import scheme via KNTC.

And all these achieved after removing ALL SUBSIDIES.

Cartels that have been dismantled range from banks, cooking oil companies, milk, name them. Those who use not pay taxes - are getting hit very hard. The ground is being level. Market failures being sorted.

Obaaderemi2:
So what's behind it?

Kenya inflation drops to 7.5 percent...apart from fuel everything going back to pre Ukraine war.The target was 7.2 but look likely we will be back to usual 5 percent https://www.businessdailyafrica.com/bd/economy/inflation-falls-to-10-month-low-of-7-9-percent-4216572

You elected his cheif enabler - old Tinubu - who will retain Buhari as his chief advisor. There is no back you'll see - just revovling door of same poor economic polices - failed import substitution, mismanagement of macro-economics, oil subsidies, under-investment in security, social services and infrastracture, of course more poverty, more blackouts, more insecurity, more decaying of infrastracture.

Obaaderemi2:
The most useless Nigerian leader ever! I can't wait to see his back.

Kenya is not Nigeria - and will never be a zoo. The few who had payment delayed already paid and things should be back to normal. Ruto just unveiling his maiden budget plan. Revenues are up - and will go even higher next year - gdp is expected to grow - meaning Kenya will grow itself out of the debt crisis - something poor Ghana was unable to do.

Nigeria that has been printing Naira to pay federal employees can never tell kenya nothing.

You elected a goat herder who has printed 50B dollars the last few years to meet gov recurrent expenditure.

Obaaderemi2:
It's very sad what's going on in Kenya. The country compared itself to the likes of Nigeria and South Africa and borrowed crazily to put up shinny infrastructure. Now without meaningful natural resources to sell to at least smoothen its finances a bit, the country is totally broke. Paying salaries is now a problem. Month end is here again. Nigerian federal government workers have been paid. I wonder if Kenyan federal government workers have been paid.

Your argument that South Africa is doing 8hr load shedding to prevent nationwide blackout due to system overload is valid.
It's invalid to apply it to kenya - because nationwide blackout - are swan events - happening once or twice a year.
They are not caused by insufficient electricity production.
We have more than enough power - and are paying for idle thermal plants that can kick in when needed.

jl115:
"parts of paris" vs "nationwide black out"

ProblemChild1:
Lagos alone is far bigger than Nairobi. Let alone Abuja. You must be on high drugs thinking your tiny Nairobi is any close to Abuja.

Thankfully we reputable city ranking that show Nairobi is not your silly Abuja level. Compete with Accra silly boy

Just40:
Build a sewage for Nairobi, that place stink too much

This is not Airport and neither is it Cantonment 😂🤣

It's just an ordinary Ghanaian neighborhood.... You don't have something similar in Kenya


Typical lunatic rants from a poor country

I had rather compare kenya to Tanzania..Ghana..who died..Accra.. even Tanzania would laugh in capital letters

Just40:
You'll keep having sleepless nights over Accra.

No where in Kenya can be this good

https://www.youtube.com/watch?v=eIZR_L5rFq4

Go developed that shit hole of yours

Get working sewage Cantonment n Airport n old Accra cbd are half decent. THE REST LOOK LIKE TYPICALLY WEST AFRICA. Huge mess.Mad cow of course disagree

ProblemChild1:
I wonder how rvp will be comparing Nairobi with Abuja. The road network in Abuja alone is top notch. See how planned the city is. If this is not a confirmation of stupidity then what is it if this is not a confrontation of stupidity then what is it



https://www.youtube.com/watch?v=ca1m8UKfAMo

please Nairobi is global city competing with Cape Town,Cairo n joburgs.What you show is rubbish that jkia airport area alone can tear apart..slightly better than 28 acre Accra airport city.Nairobi is different level.Please.Even jkia airport surroundings are like 1000 acres built up..entire Nairobi n metro is on another level..definitely top 5 in Africa. EVEN SLIMMY areas of Nairobi you see 10 to 20 floors popping up all over.Its not accident that Nairobi is 4th world most dynamic city..and it just started.kenyans are industrious and hardworking people. Almost everyone visiting kenya now is overwhelmed by how modern n fast developing it is...I tell as someone who live half time Europe n Nairobi...Nairobi is better n keep getting better.

I rather trust Ondiro - not mad ghanians here. She has no motive to lie. Says salaries are crazy low.

Luzebox:
That not the issue...the issue is you said no ghanaian earns less than 1000 cedis

Such happen in every country. This is france
https://www.thejakartapost.com/world/2022/12/09/power-outage-plunges-parts-of-paris-into-darkness.html

jl115:
You good bru?

https://www.reuters.com/world/africa/kenya-hit-by-nationwide-power-outage-2023-03-04/

Ondiro one year later - still think Ghana is shiet. Total mess - getting paid 1,000 cedis says is like senior management

https://www.youtube.com/watch?v=KeWLp5nkeAg

Have sewage system in your little accra that look more like Nakuru or Kisumu city. Not even Mombasa.

Just40:
some villagers from East Africa will be celebrating over these pavements 😂🤣

Kazikazi:
TZ is the biggest economy in east Africa. That kenyan story was fake,the reality is coming out.next week protest for food is resuming again.Governors lin different county offices are going to close down for lack of funds from treasury.
Everything was fake
Srilanka loading...

Tanzania cannot overtake kenya...in this lifetime. That is common sense. Ethiopia maybe..Big iff.They gdp overrated by almost 50 percent. Kenya will remain East Africa n increasingly Africa center bolt.

jl115:
Monthly unforeseen blackouts doesn't = more reliable.

Also you don't have the same coverage or accessibility

Every South African visiting or living in Kenya would eat you alive.kenya unlike all countries in this threads have very stable reliable electricity. Almost small difference with Europe.That despite a drought of 5yrs... we are likely to achieve universal electricity coverage with world class reliability in 2 or 3yrs.Again consumption is really down to having minning or heavy manufacturing..or not.20 big customers in South africa consume what 60 percent of power..likes of Tiger Industries

jl115:
difference is ours are planned,yours is a blackout.....big difference....secondly you don't even produce as much electricity as Nigeria, and even at stage 6 we produce 20 times more electricity than Kenya....now let that sink in

Why should we produce more..we have almost same coverage or accessibility..more reliability. We are not doing minning or heavy manufacturing. We don't have to produce more power..we need to ensure everyone has access to clean reliable electricity...and we are now heading to 10m out of 12 million households. Inclusive of business premises soon we achieve universal coverage. Kenya doesn't have to go through minning or heavy manufacturing..we can leapfrog into industries without smokestack through ICT,tourism,horticulture and such industries

Mad cow - we have overcapacity - because kenyans are just not using too much electricity. We are only Africa big country that doesnt suffer load shedding...all over you...are going through some form of it.

Just40:
This has to do with Kenya

They have a shortfall in generation capacity hence the loadshedding they do constantly to preventing the grid from totally failing

To avoid an event that happen once or twice a year - you do load shedding of 8hours daily. System faults will occur once in a while.

Kenya on average has 7-10 hours of no power in a month - mostly due to maintenance or storms - this very close to developed world where they lose power for about 1hr every month.

As for South Africa - daily 10 hours - mean monthly 300hours without electricity!!

As South Africa regress to Nigeria level of dysfunction - kenya is moving ahead - very fast.

jl115:
This is why SA has load shedding....to avoid this

https://www.google.com/amp/s/www.forbes.com/sites/tylerroush/2023/03/04/this-african-country-of-millions-is-without-power-heres-what-we-know/amp/

Dream on. Nigeria is one in trouble. Eurobond yield is just reflecting the negative sentiments but kenya fundamentals are solid.

GeneralDae:
Fvck it, I change my mind. Kenya should restructure her domestic debt at this point. Others have done it, they didn't die.

I dont need to back my personal experience - you either believe it or not.

AfriqueDuZuid:


Which cities?

Your claim were never backed by anyone

Like I said based on my personal experience - Nairobi beat many cities when it come to internet - availability, speed and name it. You can find such personal experience from many Youtubers.

AfriqueDuZuid:
Pull up stats that support your claims

samorobo:
Key is nature at the disposal of anyone. Infrastructures is artificial and not accessible to everyone.

For instance kinsasha can litter their entire street with tree but until they build infrastructure they remain a zoo like Kenya.

I guess infrastructure for you is roads

AfriqueDuZuid:
Nairobi is not even top 10 in africa internet

my personal experience...Nairobi beat many cities in Europe in internet..WiFi everywhere..very high speeds. There is fiber everywhere in Kenya.. now more than a million fiber to home connection...South africa slightly ahead