Just30:
KQ is insolvent

who is going to convert their debt to Equity ?



they are going to take your government to court to get their monies back

Who will? Kq is not Ashanti gold or MTN.

gallivant:


It never stops. This year they will definitely get a 17th bailout thanks to plummeting oil prices.

what a disgrace

Just30:
You signed an exploration deal with Tullow that says that

all cost of the Exploration will be paid for by the Kenyan government (

Your government was so desperate to chop OIL MONEY)

should in case the Exploration company fail to find oil or decide to leave after the exploration process if the discovered oil is not of commercial value.

Now your government owe 2 billion
pay Tullow fast.

Tullow will be in the oil business even in the next 50 years but just not in Kenya

Lol. they were so desperate even to the point of uhuru challenging Uganda on who will first export oil . as if it is competition.

rvp20182:
LINK> Even a fake new one. That would be news breaking in the entire oil industry.

https://www.businessdailyafrica.com/economy/Tullow-shocks-State-with-Sh204bn-Turkana-/3946234-5486560-117dka6/index.html

joke of the century

Just30:


We sold it

Why did KQ appoint a foreigner as CEO after so many years of losses ?

zombie

You sold only the planes.

rvp20182:
IMF and WB has no such balance sheet to lend Kenya and probably any single country that much money. China yest. IMF and WB have refused to reform and expand their balance sheet.,.,,,but it's still a life saver for poor countries like Ghana

that debt is a 10 years build up

and each of those institutions have the balance sheet to loan any country even up to 100 billion dollars.

Shma:
look at this boy .
You think 16bailout is a joke?

each of them less than a billion dollars

kenya for the past 10 years has been taking 3 billion dollars from both IMF and WB

which has caused your debt to rise by 30 billion dollars

a debt that you and your children will keep paying for the next 70 years

Just30:
the contract we have with N-GAS says
N-gas supplies us 120 million standard cubic feet of gas per day and get paid below market value for the gas.

totally in our interest though the price of the gas has been renegotiated so many time by N-gas .

that is not a futures contract anymore.

we are not dumb like your country

Surprise surprise. I wouldn't do any business with such a company.

gallivant:


Dude, 17 bailouts? You are an IMF poster child.

tantrums from you ain't sh*it

Aid dependent country

Just30:
that debt is a 10 years build up

and each of those institutions have the balance sheet to loan any country even up to 100 billion dollars.

Spoken like a true IMF stooge.

gallivant:


Only in oil and gas. You lead in getting exploited since the Europeans landed in Africa.

We are not Kenya oo

Kenya has been the most exploited country in Africa that runs back 600 or so years

from the Arabs to the Indians and Chinese before Europeans
and NOW Chinese and Indians again

gallivant:


Who will? Kq is not Ashanti gold or MTN.

All the banks will send your already broke government to court for their money

vaxx:
Lol. they were so desperate even to the point of uhuru challenging Uganda on who will first export oil . as if it is competition.

That is how desperate they were
and then, Ghana and Guyana threw a spit in their plans

gallivant:


You sold only the planes.

if the planes is not there, does the company exist ?

gallivant:


Surprise surprise. I wouldn't do any business with such a company.

they are richer and profitable than KQ that borrowed planes that they cant pay for

gallivant:


Spoken like a true IMF stooge.

dont worry

maybe IMF and WB will show your country mercy and drop some small money so you guys dont become the ZOMBIE APOCALYPSE OF OUR TIME
House nigger

Just30:
dont worry

maybe IMF and WB will show your country mercy and drop some small money so you guys dont become the ZOMBIE APOCALYPSE OF OUR TIME

Ghana finance minister and his South Africa counterpart have already bailed them out .

such a poor country trying to compare themselves with us

wonders shall never end

vaxx:
Ghana finance minister and his South Africa counterpart have already bailed them out .

Just30:
if the planes is not there, does the company exist ?

You sold the planes. Nobody would buy the brand with boat colours.

Just30:
dont worry

maybe IMF and WB will show your country mercy and drop some small money so you guys dont become the ZOMBIE APOCALYPSE OF OUR TIME
House nigger

House nigger?!! I am not Kofi Anan.

Just30:


they are richer and profitable than KQ that borrowed planes that they cant pay for

I have never heard of borrowing planes and I have heard it all. Even imported malls.

gallivant:


You sold the planes. Nobody would buy the brand with boat colours.

You think anyone will buy KQ that has not made profit before ( it doesn't have a brand)

gallivant:


House nigger?!! I am not Kofi Anan.

of course your poor unachieved self cant be Kofi Annan

you are busy planing tea picker on Indian farms that pay you below living wage

gallivant:


I have never heard of borrowing planes and I have heard it all. Even imported malls.

then go and learn about KQ so you will be informed

at me when you have something informed to say

Just30:
such a poor country trying to compare themselves with us

wonders shall never end

A dumb dead country. do you know as Kenyan, you are not really enjoying anything from the government . No social intervention, no safety, their debt net has even balloon by mobile money loan .

gallivant:


Hobbit, we are the third largest economy in sub saharan Africa without a drop of oil or a ounce of gold. You can never measure up.

Talk is cheap Chennai



While most countries in the region have been affected to different degrees by the pandemic, real gross domestic product growth is projected to fall sharply particularly in the region’s three largest economies – Nigeria, angola, and South Africa

https://www.worldbank.org/en/news/press-release/2020/04/09/covid-19-coronavirus-drives-sub-saharan-africa-toward-first-recession-in-25-years

rvp20182:
UK Judge has allowed firms to seize Nigeria assets and recover 9B dollars. Just wait for debt hawks. All those Abacha millions will go to Irish.

Now you're running helter skelter seeking to appeal.

LAGOS (Reuters) - A judge in London said on Friday he would grant a firm called Process and Industrial Developments Ltd (P&ID) the right to seek to seize some $9 billion in assets from the Nigerian government over an aborted gas project.


Zoogerians.9B dollars. For an ABORTED GAS Plan .

The Hobbits can never better you.

Lol he idiot..he didn't grant them shiit anywhere near our asset and we are not paying shiit..but I can tell you for free you are going to.pay your contract gone bad "TULLOW $2BN"...lol very stupid of Kenya...mtullow came and didn't find a pint of oil and yet you still get to pay them a WHOOOOOOOOOOOOOOOOOOOping $2BN

gallivant:


What caused Air Nigeria problems? You know if you don't have a national carrier by default your opinion doesn't really matter. That would be like me lecturing Russians about ballistic missiles. It doesn't work like that Sammy.

American doesn't have a national airline Chennai...their private airline soars very high in the sky just like ours.. unfortunately for the dying KQ's same cannot be said for her..

samorobo:


American doesn't have a national airline Chennai...their private airline soars very high in the sky just like ours.. unfortunately for the dying KQ's same cannot be said for her..

Nigeria is not America, it's the poverty capital.

rvp20182:
I can imagine a pilot with pidgin accent. Oooga! Welcome aboard Nigerian Airline! most passengers will freak out.

What about a pilot with Turkana accent