₦airaland Forum

I believe it happened this year already - there a big drop in recurrent expenditure as gov work worked home and travel budget was cut.


A double pronged approach to restore Kenya’s revenue effort to its potential and efficiency in expenditure
management are central to this reform. The report shows that there exists opportunity to raise
more tax revenue by revisiting COVID related tax cuts and through removal of tax exemptions.
These initiatives could lead to additional revenue yield of about 2.5 percent of GDP (from a
baseline of about 18.2 percent of GDP in FY2018). On the expenditure side, the report identifies
options for expenditure rationalization with approximately 2.6 percent of GDP in expenditure
savings (from a baseline of 26.1 percent of GDP in FY2018). These revenue and expenditure
containment targets could lead to a primary surplus of 0.8 percent of GDP in FY2021 and a
reduction of public debt to 57 percent of GDP by FY2024.
1 The latest joint World Bank-IMF DSA has raised Kenya risks of debt distress to high. https://www.imf.org/en/
Publications/CR/Issues/2020/05/11/Republic-of-Kenya-Request-for-Disbursement-under-the-Rapid-Credit-FacilityPress-Release-49405

obaaderemi:
Oga, the budget surplus the world bank is talking about is a mere forecast for 2023/2024 fiscal year. Stop misleading Kenyans here. They count on you.

Anybody can become a paper pusher in Goldman Sachs. Kenya KNBS has for a long time be run by Prof Ryan - who has been chairman of board of KNBS for a long time. But director general serve 2 terms and go home.

Prof Terry Ryan is MIT graduate. Prof Terry Ryan a not only "oversees" KNBS but also sit on Central Bank MPC that determines policy rate - and he is top brain that Yemi Kale of Adis Ababa cannot wash his shoes.

And before you go all racial - Prof Terry Ryan is kenyan born in Nakuru - and has been the chief gov economist advisor - and is well-regarded economist.

https://i.ytimg.com/vi/LxJk_dn0eVI/maxresdefault.jpg

obaaderemi:
I guess it's also easy to work with Goldman Sachs like Dr. Kale. Tell us where McDonald pizzaman worked.

And what's wrong with Addis Ababa university?
Kenyan former foreign minister also went there. So why are you baying like a donkey?
McDonald has a poor profile compared to Dr. Kale. Fini.

After running around with Kenya GDP is cooked seems you've hitched camp at loans.

Kenya will in meantime have primary surplus - 1st one in 20yrs

A budget surplus occurs when income exceeds expenditures. The term often refers to a government's financial state, as individuals have "savings" rather than rather than a "budget surplus." A surplus is an indication that a government's finances are being effectively managed.

obaaderemi:
They're like our Lebanese friends. Loan, loan, loan.

Great. Is Ghana doing this?

68816419:
Some 400 jobs would be created in Osun,as Nigeria's biggest gold refinery is at commissioning stages . The Segilola gold mine and plant would produce 85,000 ounces of gold annually after the official launching this year . The first gold has been poured in the processing facility. #nigeriaisprogressing

Limuru - Nairobi Metro - Kiambu. The sovereign hotel was the house of Kenya's long-serving former Intelligence chief Kanyottu - who with Moi looted the country dry. He lived alone in that huge house - and when he died - family converted into a hotel. Kanyottu's wealth was over 1B dollars - Moi and Kenyatta's - are without Africa richest - beating Dangote by far - having both looted Kenya for 25yrs each. Kenyatta land holding in Nairobi at about 15,000 acres is worth 15B dollars minimum. Possibly another 30,000 acres in Nairobi Metro - that is another 15B dollars minumum. And a total of 500,000 acres all over the country - including 10,000 acres in Nakuru city. The land holding alone is huge...and then companies and real estate -

https://www.youtube.com/watch?v=15CFbtB-vbI

Mombasa Nyali beach

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

Nairobi Metro - Kiambu - Two Rivers and Ruaka - few years this place was a farm - now it has more tall building than Accra . If they fix horizontal infrastructure - Ruaka can become a nice commercial center.


https://www.youtube.com/watch?v=BzmbUbEekgA&list=PLMTl_dtHWhi-bYGg7gPGgJZBGG8FBJAOS&index=5

Indeed. You can watch the video of Kenya large scale tea plantation. Kenya has risen to become world largest tea exporter.

Without any doubt Africa Most beautiful farms.


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

vankelvin:
A sight to behold

Kenya tea - Smallholder farms - under KTDA with 0.5m farmers

Kenya tea - Large scale plantation

No. it is easy to join any master's program or Ph.D. It is very hard to join IVY or OXbridge as undergraduate. Your need real pedigree. Joining a postgraduate is about money. Joining ivy league undergraduate where acceptance rate is sometimes 2 percent is pedigree.

Now why did Yemi kale end up in Adis Ababa

obaaderemi:
Academic exposure and experience are everything First degrees are commonplace.

Generally stadium in kenya do not see the needs for seat - football goons when they lose - rip off those plastic seats

https://www.youtube.com/watch?v=hZN_ZN6iIPM&t=67s


https://www.youtube.com/watch?v=daxzAE_2lF4

vankelvin:
[left][/left]

As usual no seats?

Europe is not kenya. It all depends on many factors.

vankelvin:
Excuse upon excuse. Even European countries allow spectators in their stadiums.

What do Kenyans know about Covid 19 and it's protocols?

Yet as we speak IAAF is hosting a world event - something that wont happen in your lifetime in Ghana - with 100 countries plus participating

This 2nd world event in 4yrs

Wait for next Africa Cup of Nation -

vankelvin:
Nobody is talking about fanciful stadium here. At least the stadium should look decent. It should be standard.

Seat-less stadiums like yours should be banned from hosting any tournament including High School Games

IAAF is not aware - and has hosted world events in Kenya. Many other sport association have also hosted big events in kenya. We will not spend money to build empty tombs

vankelvin:
No highly rated tournament will be hosted in such a stadium. Man, your stadium is an eyesore period.

It's COVID-19. Wake up. Nobody is allowed in the stadium.

Nairobi's Kasarani hosted World Under 18 four years ago- and stadium overflowed - many were sent home. A record crowd for IAAF.

https://www.youtube.com/watch?v=qV2fsMYs-1M

Kenya Shattered its own record of the biggest attendance at an IAAF World Under 18 and Under 20 Championships in a day. The final day on Sunday saw the 60,000 seater stadium full to capacity. So big was the crowd that tens of thousands more were turned away by security officers. The cheers were felt far and wide, an here are some of the reactions from competitors and organizers.

vankelvin:
Empty Stadium everyday.
No much euphoria about this tournament and that goes to tell you how low this tournament is.

Just one empty stadium and a few facilities then you are good to go.

Even Togo can host it back to back.

Bachelors is everything. Everyone can get Phd from anywhere. Bachelors shows pedigree. You can go to Harvard and get Phd or Master - but you will never be like someone who did they undergraduate in Harvard.

obaaderemi:
Yemi Kale- London school of economics.

Mr. McDonald Kenyan- No PhD....

Sport in Kenya is a county (state in Nigeria) function. And every county is now building their own stadiums. They will be 47 stadium. Medium sized stadiums that can host county level function - not 100,000 capacity stadium in the middle of a bush like ASABA

There are many stadiums built in the last 5yrs.

Example- Kinoru stadium - Meru county - just completed.


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

What is justification for building huge sport stadiums that will be empty 90 percent of the time. Right now every county is building their own medium size sport stadium...so about 47 will soon be ready.

If we are host olympics that will bring say 1B dollars - yes we can then justify investing in modern stadiums.

To invest billion dollars for CRAP AFRICA UNION FOOTBALL that will not even bring 100m dollars is crazy.

Your opinion on Nairobi is irrelevant compared to JLL or KnightFrank.

And Nairobi has already hosted world events - Nigeria cannot..

Vlain:
@ first bolded. So what’s stopping u from building one.just shut it,u can’t afford one except you sell ur soul and that’s of your generation to either Chinese or more recently JAPANESE.


@second bolded,get of your high horse this city that o just watched doesn’t ha e an ounce of modernity.u have to be blind or stupid to believe otherwise. It looks mediocre African,Pakistan,third world.


https://www.youtube.com/watch?v=ubpkwO3e1Kk

Dont think hosting a world event is just merely a fancy stadium in the middle of nowhere. That is monumental waste of money.

Hosting a sport or a large events is more than a fancy stadium. That we can build in a year or two if there is justification. There are more important things - right from hotel and accomodation, road infrastructure, security, airport and many such facilities. Kenya has increasingly proven it can host world events. Both sports and big international conferences.

Why would Nairobi host Olympics soon. It simple. It already one of biggest global and modern cities - and going by it's growth trajectory will probably be biggest city in Sub-Sahara (infrastructure/real estate wise) in 10yrs overtaking Joburg. Nairobi has pretty much most of elements to support a big event..

And we will be given 5-10yrs to build fancy stadiums.

You cannot start from fancy stadium - and like ASABA thing - althetes get stuck in Lagos airport for a week.

Nigeria you totally embrassed yourselves
https://nairobinews.nation.co.ke/sports/reprieve-kenyan-athletes-after-forced-layover-nigerian-airport

Vlain:
Joke of the century Ur sporting infrastructure is the worst on this thread. A joke for lack of a better word.

Kenya has had two inflection point - 2005 is when economy took big turn for the better - it almost hard to reverse that growth trajectory - it will take gigantic mess. Kenya also with Cok2010 made big turn for better legally and politically speaking - it almost now impossible to reverse those political gains - the Cok2010 is sum of all lessons we had learnt in 50yrs and where we do not want to go. Yesterday rulling is important because no future politician will ever attempt to change the constitution without a very thorough process.

Let them play their politics but leave constitution alone, the independent judiciary and other institutions are going to become more embolden to protect public interest.We still have big problem with police - they are supposed to be independent - and reformed - but they remain ever corrupt.

kikuyu1:
I knew Uhunye would get nowhere and I REALLY hope he pays for wasting gov resources to shoehorn his cohorts into permanent POLITICAL relevance to safeguard his family's ill gotten gains. Fk that self centred nigga!?
I hope he's watching Zuma's fate. I still maintain though he's a political prisoner of the Anglo Jews!

The day 4 of World Althetic Under 20 championship in Nairobi - with 100 plus countries participating. Like I said Nairobi is likely to be first city to host olympics in Africa.


https://www.youtube.com/watch?v=LoifJNI0yrI

What is your credentials in that domain so we can stop listening to world biggest real estate firms like JLL and KnightFrank - and start listening to barely literate Nigerian who cannot string two coherent setences together?

Vlain:
Ugly and can’t compared to anything in Nigeria.

Ugly compared to what in Nigeria

Vlain:
Nairobi without filters is ugly. Just saying

Yemi kale from University of Adis Ababa PLEEASE

obaaderemi:
You are still frustrated as you keep revealing.

Can you tell us who wrote those lines you quoted? Even a donkey like you should know to add links.

Meanwhile, for your free lesson which you asked for- the chairman of the federal reserve serves a term of four years but the president has the power to reappoint them. That's how Greenspan was there for so long and Bernanke served two terms under two different presidents from two different parties. They're good.

Same goes for Yemi Kale. Unlike the dumb Mwangi and
the half bake in charge of your bureau of national statistics today, MacDonald Obudho who is just pursuing a PhD.
Useless country. Can't you find a more suitable person?
He is not even more educated than some of us here.

Check out Yemi Kale's educational profile and compare with McDonald's. Who the hell bears a foreign surname as a first name? Stupid little Indians. No wonder debt is killing them.

Nairobi Aerial view from CBD

https://www.youtube.com/watch?v=ubpkwO3e1Kk

Nairobi after the facelift - few months of bitter coldness

https://www.youtube.com/watch?v=TnskoF0UECU

https://www.youtube.com/watch?v=tuCCsn_m-vk&t=82s
Nairobi traffic - no hooting and honking like Nigeria

https://www.youtube.com/watch?v=XwnTSVXxcD0

While Lagos - Ibandan expressway rehabilitation has taken forever - the dualing of this road in kenya is about to be completed in a year


https://www.youtube.com/watch?v=MW7Ie97T0c8

Obaboon, I am not sure which rules govern the chairmanshio of Fedbank - but this classic banana republic

Yemi kale will continue keeping you fooled - not us

Upon the expiry of his first tenure in August 2016, Udo Udoma, minister of budget and national planning, issued a circular extending his stay in office beyond his tenure, with no specific date of completion.

And this comment is very telling

In South Korea and China, to grow, they MANUFACTURE goods, develop infrastructure etc.
In Nigeria, to grow we MANUFACTURE statistics.

obaaderemi:
Bush man, Alan Greenspan spent 19 years as chairman of the Federal reserve. America must be a failed state for keeping one man for so long in the same position.

Day 3 of World Althetic under 20 in Nairobi Kenya

https://www.youtube.com/watch?v=C_XZ6OeQiDU

I like the lady selling the property - and seem sensible investment.

Just30:
A short overview of Cantonment in a frame. The most beautiful


https://www.youtube.com/watch?v=1gdmM60-jLw