kikuyu1:


SIGHHHH! The price of dealing with people without an iota of code. Everything is ALWAYS a lie. I wouldn't trust Waffas to tell me what day it is!

You're spot on. They will conjure data and string it along. Waffas are pathetic bunch of m0rons.

vankelvin:


Same retard comment everyday

If it's not about Grammer checking it's about someone being better than the other or someone being a master.

Emotional fool

I will repeat it for you a million times _until you bring a sense into intellectual topics. Not every f*ckin day dreaming about feelings and how you care about them -- like a woman nursing a kid.

The bone of contention was your debt. How come your debt to GDP ratio is at a whopping 86%?
How come you have borrowed more from IMF when your mini zoo is resource sufficient?

Bravo for not l*cking @sses, though!!good for good, you good notwithstanding.

obaaderemi:
His young life has been raped and destroyed on nairaland. He's a ragged football everyone has kicked around, including one of his countrymen. I only pity his future if he has any left.

If you want to troll me, come and QUOTE me directly. Don't be a sissy.

Mhhh... You sound like the famous duplicater of people's punchline on this platform. From just simple peruse, I've established that Nairobiwalker bullyragged you. You had to copy every creative punchline he used to bombard you with, to stay relevant. Thus say, you are more likely the same as the useless twerp I have beaten here.

obaaderemi:
Another line of argument long settled. Your brothers got overwhelmed with facts on the past of little India that they had to shut up. One actually admitted he never heard of Zanj.

You lost that debate. You couldn't erase the Trans Atlantic slave trade.

obaaderemi:
The Little Indians get easily carried away by the bolded. You know how they worship everything foreign.

Don't deflect your insecurities on us. It's always you crying white this foreign that Obaboon.

Some idiot is still crying over this screenshot but can't bring anything to refute the fact......
When facts slap little Indians in the face, they come up with insults....

The idiot knows himself and will respond accordingly..

Plus fintech.I doubt you're getting any investment outside there when it difficult to access electricity, dollars and security is an issue.

obaaderemi:
Is that why Kenya is not showing on the map?
Come on, you used to be smarter than this. Your decline mirrors Kenya's: decline.

Mkenya2019:
Plus fintech.I doubt you're getting any investment outside there when it difficult to access electricity, dollars and security is an issue.

Plus fintech,banking,manufacturing and retail. Why is little India doing so badly that it's not even registered on the map?

We are 2nd source of investment to Africa after South Africa. Kenya is not easy market for foreigners because we have very sophisticated domestic economy. Ask South Africans if they dare come to Kenya. We have many homegrown companies that are expanding to the region and now even Nigeria.

In a typical year we invest more than 1 billion dollars in the region. Last year alone Kenya's Safaricom gave Ethiopia more than 1.5B dollars - 800M dollars for license fee and now we are putting more dollars down there - there single largest foreign investment. We are going big into Congo. Once we open up Congo and Ethiopia ...that 210M market...and we get Ghana and Nigeria via AFCAT - we will soon overtake the dying South Africa.


Almost every medium size kenya company has a branch in Ug, Tz, Rwanda, South Sudan...name it.

obaaderemi:
Plus fintech,banking,manufacturing and retail. Why is little India doing so badly that it's not even registered on the map?

Mkenya2019:
Plus fintech.I doubt you're getting any investment outside there when it difficult to access electricity, dollars and security is an issue.

The dangers of a single story - Chimamanda Adiche

go watch her TED talk

Mkenya2019:
We are 2nd source of investment to Africa after South Africa. Kenya is not easy market for foreigners because we have very sophisticated domestic economy. Ask South Africans if they dare come to Kenya. We have many homegrown companies that are expanding to the region and now even Nigeria.

In a typical year we invest more than 1 billion dollars in the region. Last year alone Kenya's Safaricom gave Ethiopia more than 1.5B dollars

Safaricom bit was a 3 company bid which included SA vodacom and UK vodafone

Again that's not how investments works, 1.5 billion bid will be over the years.

Kenya does not have a sophisticated market but a protectionist market

Mkenya2019:
We are 2nd source of investment to Africa after South Africa. Kenya is not easy market for foreigners because we have very sophisticated domestic economy. Ask South Africans if they dare come to Kenya. We have many homegrown companies that are expanding to the region and now even Nigeria.

In a typical year we invest more than 1 billion dollars in the region. Last year alone Kenya's Safaricom gave Ethiopia more than 1.5B dollars - 800M dollars for license fee and now we are putting more dollars down there - there single largest foreign investment. We are going big into Congo. Once we open up Congo and Ethiopia ...that 210M market...and we get Ghana and Nigeria via AFCAT - we will soon overtake the dying South Africa.


Almost every medium size kenya company has a branch in Ug, Tz, Rwanda, South Sudan...name it.

again dangers of single story

Have you seen us burning your shops like Nigerians? We send your companies home minus their shirt without any violence; Just old pure business competion.

Kenya companies are largest investors in the region - how do we protect ourselves outside KENYA Companies that enjoy protection at home like Nigeria dont expand regionally.

AfriqueDuZuid:

Safaricom bit was a 3 company bid which included SA vodacom and UK vodafone

Again that's not how investments works, 1.5 billion bid will be over the years.

Kenya does not have a sophisticated market but a protectionist market

Before Nigeria and South Africa wake up - Kenya banks will be running the 80M people DRC - with 95% unbanked population. GOLD MINE.

KCB Group has entered the Democratic Republic of Congo (DRC) through the acquisition of a majority stake in Trust Merchant Bank (TMB), becoming the second Kenyan lender to enter the populous market as top local banks step up the fight for new customers in the East African region.

KCB said it has entered a definitive agreement with shareholders of TMB with the transaction expected to close in the third quarter of 2022.
https://www.theeastafrican.co.ke/tea/business/kcb-acquires-dr-congo-bank-in-expansion-drive-3901282
“This will see KCB acquire 85 percent of the shares in TMB while the existing shareholders will continue to hold the balance for a period of not less than two years after which KCB will acquire their assets,” said KCB.

“KCB will pay a cash consideration for the shares determined based on the net asset value of TMB at the completion of the proposed transaction, and using a price to book multiple of 1.49.”

TMB is a public company limited by shares and has a strong offering in retail, corporate, and small and medium enterprises.

Once the acquisition of TMB is concluded, it will complement KCB’s regional footprint with an asset base of more than Ksh1.5 trillion ($12.6 billion).

Add Ethiopia that will soon be opening up as they will be desperate to rebuild after mindless civil-war

The deal now means KCB has a presence in eight countries including Kenya, Uganda, Tanzania, Rwanda, Burundi, South Sudan and DRC. It also runs a representative office in Ethiopia.

AfriqueDuZuid:


Kenya does not have a sophisticated market but a protectionist market

Say the South African market is sophisticated without seeking confirmation from Kenyans.

Long overdue decision - BioTech finally embraced in kenya.

President William Ruto Monday chaired a Cabinet meeting that lifted the 2012 moratorium that restricted importation or open cultivation of GMO crops, making Kenya the second country in the continent after South Africa to allow biotechnology foods.

Good day Samorobo. Stay away from NEPA generator fumes today.

gallivant:
Good day Samorobo. Stay away from NEPA generator fumes today.

Good day by 5.42 which is 7.42 in Kenya. No you stay away from the fumes cause it’s obvious you’ve been on it for the longest .

Mkenya2019:
We are 2nd source of investment to Africa after South Africa. Kenya is not easy market for foreigners because we have very sophisticated domestic economy. Ask South Africans if they dare come to Kenya. We have many homegrown companies that are expanding to the region and now even Nigeria.

In a typical year we invest more than 1 billion dollars in the region. Last year alone Kenya's Safaricom gave Ethiopia more than 1.5B dollars - 800M dollars for license fee and now we are putting more dollars down there - there single largest foreign investment. We are going big into Congo. Once we open up Congo and Ethiopia ...that 210M market...and we get Ghana and Nigeria via AFCAT - we will soon overtake the dying South Africa.


Almost every medium size kenya company has a branch in Ug, Tz, Rwanda, South Sudan...name it.

megalomaniacal hallucination.

NNPC, which became a commercial company in July, first declared a net profit in its 44-year history two years ago.

GeneralDae2:
NNPC declares 1.55 Billion dollars after tax profit in 2021.

https://www.reuters.com/article/nigeria-oil-nnpc-idAFL8N315492

GeneralDae2:
NNPC declares 1.55 Billion dollars after tax profit in 2021.

https://www.reuters.com/article/nigeria-oil-nnpc-idAFL8N315492

This is a very significant moment.

Just imagine the kind of corruption that has been going on over the years.

Past MD and every senior management in NNPC need to be tried in court and sentenced to death by choking .

Mkenya2019:
NNPC, which became a commercial company in July, first declared a net profit in its 44-year history two years ago.

Keep quiet.

NNPC is currently bigger than any company that has ever been in existence in Kenya

Mkenya2019:
NNPC, which became a commercial company in July, first declared a net profit in its 44-year history two years ago.

Massive Corruption.

The former state-owned company, known for its relatively poor leadership and lack of profits for some 45 years, will now be independent of government and operate without state funding, with the new goal of delivering value to its shareholders.

Shaytun:


Keep quiet.

NNPC is currently bigger than any company that has ever been in existence in Kenya

Mkenya2019:
We are 2nd source of investment to Africa after South Africa. Kenya is not easy market for foreigners because we have very sophisticated domestic economy. Ask South Africans if they dare come to Kenya. We have many homegrown companies that are expanding to the region and now even Nigeria.

In a typical year we invest more than 1 billion dollars in the region. Last year alone Kenya's Safaricom gave Ethiopia more than 1.5B dollars - 800M dollars for license fee and now we are putting more dollars down there - there single largest foreign investment. We are going big into Congo. Once we open up Congo and Ethiopia ...that 210M market...and we get Ghana and Nigeria via AFCAT - we will soon overtake the dying South Africa.


Almost every medium size kenya company has a branch in Ug, Tz, Rwanda, South Sudan...name it.

No, you are not. Togo is number one and Ghana is ahead of you. You don't register in Africa when it comes to fdi, inflow or outflow.

Mkenya2019:
The former state-owned company, known for its relatively poor leadership and lack of profits for some 45 years, will now be independent of government and operate without state funding, with the new goal of delivering value to its shareholders.

Yeah a form of Commercialisation which is a bit different from Privatisation though.
It's still owned by the Government but would be allowed to operate as an independent profit making organisation.

Mkenya2019:
Before Nigeria and South Africa wake up - Kenya banks will be running the 80M people DRC - with 95% unbanked population. GOLD MINE.

KCB Group has entered the Democratic Republic of Congo (DRC) through the acquisition of a majority stake in Trust Merchant Bank (TMB), becoming the second Kenyan lender to enter the populous market as top local banks step up the fight for new customers in the East African region.

KCB said it has entered a definitive agreement with shareholders of TMB with the transaction expected to close in the third quarter of 2022.
https://www.theeastafrican.co.ke/tea/business/kcb-acquires-dr-congo-bank-in-expansion-drive-3901282
“This will see KCB acquire 85 percent of the shares in TMB while the existing shareholders will continue to hold the balance for a period of not less than two years after which KCB will acquire their assets,” said KCB.

“KCB will pay a cash consideration for the shares determined based on the net asset value of TMB at the completion of the proposed transaction, and using a price to book multiple of 1.49.”

TMB is a public company limited by shares and has a strong offering in retail, corporate, and small and medium enterprises.

Once the acquisition of TMB is concluded, it will complement KCB’s regional footprint with an asset base of more than Ksh1.5 trillion ($12.6 billion).

Add Ethiopia that will soon be opening up as they will be desperate to rebuild after mindless civil-war

The deal now means KCB has a presence in eight countries including Kenya, Uganda, Tanzania, Rwanda, Burundi, South Sudan and DRC. It also runs a representative office in Ethiopia.

DRC is a very chaotic enclave. You will lose your shirt there. There's a reason they're 90% unbanked.

You've been playing this catch-up banking game for six years here. You can't catch up with Nigerian and South African banks. DRC can not help you.

Common sense alone should tell you any such list is not plausible.

obaaderemi:
No, you are not. Togo is number one and Ghana is ahead of you. You don't register in Africa when it comes to fdi, inflow or outflow.

Equity already get more profit from DRC than even Kenya. KCB is hot on the heels. By the time you discover the jackpot - you wont know what hit you. Nobody is unbankable.

Leave South Africa out of this - one South African bank can handle 10 Nigerian one.

Let talk Nigeria versus Kenya - right now only 4 Nigerian banks are ahead of two Kenyan banks - and I bet KCB with investment in DRC - should be now just below 2 or 3 Nigerian banks.

https://www.thebanker.com/Top-1000-World-Banks/Top-1000-World-Banks-African-lenders-on-the-rise-across-the-continent?ct=true

obaaderemi:
DRC is a very chaotic enclave. You will lose your shirt there. There's a reason they're 90% unbanked.

You've been playing this catch-up banking game for six years here. You can't catch up with Nigerian and South African banks. DRC can not help you.

Actually scratch that - KCB has now moved to just below First Bank and Zenith Bank; Equity just below UBA. And Kenya banks just got started - by time they are done with DRC and then we hope Ethiopia see sense; South Africa will be very worried. I think we are done with Nigeria - just one or two more expansions - KCB and Equity will beat both Zenith and First bank

While your Nigeria banks expand mindlessly burning money - Kenya expansion is well thought out. I pray Ethiopia desperate after their mindless war allows private banks and stop their marxist communism tendenacy......then Kenya banks will conquer Africa outside South Africa and Magreb - followed closely by Insurance Fintech, Telcoms, ICT.

https://biznakenya.com/top-25-banks-in-africa-2-kenyan-banks-rank-high/

How does that work? Sounds to me that apart from getting into messy downstream business of running filling stations - I dont see how this will work. So they will change their accounting systems but the board will remain from gov? And management will be from gov. The only way out is to sell at least 40 percent of shares to big oil company like Amarco or something that can provide strategic leadership...

GeneralDae:

Yeah a form of Commercialisation which is a bit different from Privatisation though.
It's still owned by the Government but would be allowed to operate as an independent profit making organisation.