₦airaland Forum

Bonjovi13:
Whenever I travel to Ghana, its either I am eating cereals or yoghurt. Otherwise I am fasting. Cant stand even the sight of Ghanian food. So gross.Sorry Madam. You yabbed us first

Mkenya2019:
IMF exists for a reason. We long got out of IMF - just COVID-19 has taken us back. In the 90s we were like Ghana - IMF was running things. Post-Covid - we won't need IMF.

Yes, everything human activity is about population. Kenya's banking asset now should be 55B dollars or about. Nigeria has 100B. I believe Nigeria banking is probably the only sector that is somewhat okay - of course gorging Nigerians and their gov - but it's okay post-Ngozi reforms.

When it come to most of the other sectors of the private sector - there is really very little in comparison - Kenya has bigger formal private sector - Nigeria is gigantic mess.

isan:
Nigeria dominance will be over when your ghana win 11 african tittles , world cup quarter finalist , olympic quarter finalist and two time finalist at u20 women world cup , the only time ghana beat us is in wafu cup which will never take serious and send our u20 . u are talking as if river angels and haraccas are not 1-1 head to head , all this talk just to miss the next AWCON

Newton85:
Oh, you guys have shifted the goalpost post fron "gHaNaiAn SolDiErS dOn'T kIlL pRoTeStErS" to "tHaT'S tHe VeRy ReAsOn ThIs DemoNsTrAtIoN hApPeNeD In The FiRsT pLaCe"? Lol. And no, it wasn't the reason the protests are happening. Ghanaians were already preparing massive protests because of economic challenges but the Ghanaian police refused them the right to protest. The Ejura killings happened after people trooped out to protest the lynching of a certain dude (has a Muslim name) by a mob. These #fixthecountry protests are happening because of rising economic challenges and sufferings of Ghanaians. I'm not a Ghanaian but you don't need to lie to me.

alphaNomega:
Did you read the first sentence in my previous post?

alphaNomega:
not intending to compare Ghana with Nigeria but the economy of Ghana is a mess. Do you remember how many zeroes they had to remove from their currency in the name of redenomination? Yet things are still very bad. The government is running out of options

Newton85:
Before you're done slapping your parents, let me put the records straight that both Nigeria and Ghana are despicable shitholes. Are you happy now?

Newton85:
Oga Ghana is a despicable shithole. I've been there, no need to bore me with your "social media Ghana" epistle.

Newton85:
Yeah, because a shithole like Ghana is comparable to Norway with a sound minimum wage? Ghana has an appaling high cost of living coupled with an abysmal minimum wage. The Ghana you guys ramble on and on about only exists on social media.

Newton85:
Lol, they're not doing any better, go and sleep. Those of us who've lived in Ghana will never fall for the PR that Ghana enjoys. If they're doing better, how come things are more expensive in Ghana? How come the cost of living in Ghana is more than Nigeria's? Mind you, I'm not suggesting that Nigeria is doing better o.

Newton85:
Please o, which Ghana are you talking about?

Mkenya2019:
Ghana will soon be where Zambia is - with their Eurobond

Zambia, which has been in default since November last year after the coronavirus pandemic added to its long-running debt problem, has made little progress under the G20 framework ahead of elections in August.

rvp20182:
By 2020 - you had almost emptied the stabilisation fund. The heritage fund got a mere 30m dollars - fund since inception was now 600M dollars.
https://www.bog.gov.gh/wp-content/uploads/2021/02/GHANA-PETROLEUM-FUNDS-FOR-SECOND-HALF-YEAR-ENDED-31-DEC-2020.pdf

obaaderemi:
This is nonsense. No wonder Kenya's debt profile is so messy.

First of all, your external debt is 52% of total debt and rising. Your debt on the other hand is around $75bn! So external debt is more like $37bn.

The reason why you have to worry about multilateral loans is that they come with a lot of stringent conditions which affects the poor citizens badly. They're worse than bilateral loans and that's why
many countries prefer to make a larger percentage of their loans domestic. I bet you are not too dumb to know this, you are just grasping at straws with your argument.

In the 80s for example, the IMF made Babangida's government to impose something called Structural Adjustment Program on Nigerians. It was hell as records show.

In Kenya, the IMF has forced your government to freeze salaries for the next 4 years and impose higher taxes and increase fuel prices. All this at a time when people are still grappling with the effects of Covid and slumps in agriculture and tourism.

You see why people are turning to China?
But then, because your economy is too small to support your crazy lavish spending, you abused the China opportunity and borrowed more than everyone else. Loans are sweet, you thought. Kenya owes China about $7bn, Nigeria owes China less than $4bn. Can you see how fvcked you are?
That's why you have to beg up and down like a mad mothafvcka.
Kenya is going to have a big problem in years to come.

Mkenya2019:
Why would china seize Mombasa port? The take or pay - is btw Kenya Railways and Kenya Port Authority. The deal was simple - Kenya Ports just guarantee 1m of cargo to Kenya Railways - and Kenya Ports is doing more than that.

KPA handles 40m metric tonnes - so 1m tonnes is not even 2 percent

The china loan we took was NEVER collatoraized.

Mkenya2019:
Ghana is just crazy - Farmers cocoa has been used to secure 25B dollars of loan. This CAN NEVER happen in Kenya. What kind of democracy is Ghana running?

Cocobod has a monopoly, through its subsidiary Cocoa Marketing Company, over the marketing of Ghanaian cocoa beans.

Cocobod, via its marketing company, obtains cheap US dollar loans on international markets, using cocoa contracts as collateral. With few exceptions, only contracts with multinational buyers qualify as collateral since domestic buyers tend to have poor credit ratings and small balance sheets. In this way, Cocobod has secured nearly US$25 billion over the past 28 years. The Bank of Ghana needs these US dollars to maintain a foreign reserve and stabilise local currency.


It makes for a sad read. 150B dollar chocolate industry - Ghana gets 2B only - from close to a million farmers

https://theconversation.com/why-ghana-doesnt-get-the-full-value-of-its-cocoa-beans-and-how-this-could-change-158773

rvp20182:
The usual mad ranting from a mad cow. Your country is overflowing with raw sewage, plastics and name it - despite having a Sanition Minister.

Obakillah:
Quit ranting. Ghana is a minuscule economy.

rvp20182:
Yes Ghana and South Africa - are the ultimate cuckold land- that have been colonized for 500yrs almost - it because they had GOLD, Pliable Slavish population and all the minerals - of course they are too weak to defend themselves.

millionboi:
the audio

rvp20182:
Please study the East Africa Slave Trade. Kenyans were not taken slaves. Arabs used to go to Congo and Uganda to pick slaves. Remember kenya tribes were free from any kingdom - so nobody could sell anybody - all the people were equal.

Slavery in Africa was mostly Ghana-Senegal-Nigeria-Congo-Angola. These were mainly kingdoms selling their subjects for crap like clothes, sugar, salt and maybe few guns.

Kenya was definitely a no go zone for Arabs or White people until late 19th century. The Maasai were feared far and wide - and Arabs had warned the white - Portuguese or British - to avoid the Maasai for they were unbeatable-- so the Maasai formed a huge wall from northern TZ (Arusha) all the way to Northern Kenya.After you were done with Maasai - nearly all the kenyan tribes were equal hostile.

It wasn't until 1890 that Kenya was colonized with Maasai weaken by civil war, rinderpest and British invention of automatic recoil guns. Otherwise Kenya tribes could make nonsense of the Arab muskeeter guns.

The biggest slave trader was half-arab half-african - Tippu Tip- was based in Zanzibar - and established his slave kingdom in DRC congo

SexyBabe001:
Lalasticlala

This happens in Ghana not Nigeria... Pls

Litmus:
Incidentally, the president of Ghana is capable of doing as suggested and I for one would be easily persuaded that he did since Ghana people have an Underminer mindset typical of much of Africa and Blackds while Nigerians generally have an Overcomers mindset.

Underminer mindset underpins why the so-called black race is at the bottom of the world.

Litmus:
I’m not convinced. Ghanaians have the black peoples’ undermining mindset, which typically leads to overall failure. To this way of thinking, Nigeria’s disintegration, and the humiliating aspect to Nigeria of Nigerians flooding to Ghana and the international spectacle, casting Ghana in a leading light, far outweighs any such economic or insecurity consideration to the Ghanaian’s putrid thought process. Always thinking, small, short term, for small immediate gratifications and failing to see the bigger picture.

obama30:
Who will suffer for it? This is how northerners stop crops exporting to South.

Any Ghana product cannot competition with product from others country at outside Ghana market, because if high labour wages and electricity tarif and high taxes. Definitely Ghanaian is one to suffer for it.

kenzysmith:
Lol all those their mumu song wey them sing which Ghana artiste feel win Grammy self na shatta wale abi na stroneboy even sarkodie just dey rap with twi how which Mr eazi na Ghanian I for feel say dey get hope buh d Charlie reject them

Barbiturate:
For the first time in my life I made my mom cry.
I made her cry because I didn't eat, I didn't listen nor do the errand she sent me. I just lay down and cry all day, weeks, months. My eyes are swollen from tears

You see, it is not my fault. I have really come of age. I have no job, I have no business, I have no wife, I have no child. I think all day. I pray for death everyday. I am not interested in the world anymore. I just want to leave this world peacefully.

Now that I made her cry, she has threatened to leave for the village.

I want to leave before she does. I want to pack my things, move to Ghana via ABC trans and then just wander about the streets of Ghana seeking for job and accommodation. Let me go far away from them all. Change number, close all social media accounts. Live the life of a destitute! I don't need your advice, I'm even older than 99% of you here. I'm just putting this down!

I rest my case!

gallivant:
17 IMF bailouts = Auctioning Ghana's sovereignty and future.

Am just wondering, kwani kenyans are blind? Hospitals have no medicine, kenyans are starving, taxes are increasing na wengine wako busy sana wakifikiria BBI itawasaidia. Afadhali hata wenye walipewa wheelbarrow watabebana nazo petrol ikifika 200kes per litre. SMH

gallivant:
You auctioned Ghana's future a while back...

https://pbs.twimg.com/media/EVhHPO0WAAENT4I.jpg

https://pbs.twimg.com/media/EVhZGVYWsAI5oMc.jpg

gallivant:
It's all over the net..

[img]http://cdn.scooper.news/newsbackend/image/5c873f3dea15106cee091abb62aabfdbe8d08dc0.jpg[/img]

gallivant:
Denial and censorship is not the way to go...

https://pbs.twimg.com/media/EVj_ogRXQAAJ6Vc.jpg

gallivant:
Like I said I was just pointing out to Appisko to grow up and pick his battles wisely. Don't take this to heart.