You needed to think about the number of bitter people you would evict to create such a big lake.
It bankrupted Ghana and has continued to be the albatross on your economy
VAR history of making losses means it worthless.

Very worthless

VRA makes GH¢156m profit after 9 years of losses - SIGAhttps://siga.gov.gh › Home › News & Insights
Dec 15, 2021 — The Volta River Authority (VRA) has made a profit of GH¢156 million in the 2020 fiscal year, up from a loss of GH¢127 million the previous ...

Just40:
That flooding created the largest lake by volume in the world providing water for irrigation.

It also created a large company that Kenya will be happy to have. Unfortunately Kenya does not have the money or a company that valuable to compare with.
The likes of Franklin Templeton Investment will be happy to own an asset worth 30 billion dollars

Mad cow.
NCA is a regulator.
In kenya we have it CA.
It not owner of spectrum.
Spectrum is owned by Ghana public and the regulator sells/leases/license/manage it.

Every country has their own CA - the regulator.

The problem with these west african double track education bonobos.

How DENSE can you be?

Just40:
yes we did for just 1 dollar.. yes it's operating with 10 million subscribers. Every Telkom In Ghana is own by NCA even without portfolio holding ... The operators are just managers of the spectrum which they lease.

That is the kind of smart contracts that the govt of Ghana sell

Find yourself a job Kipmeno. This thread will give you a heart attack.

When you buy something for a dollar.
You're buying it's liabilities.
1 dollar is just because it has to be sold for something.
Otherwise you're buying debts, unpaid suppliers, unpaid employees, expired licenses

This is not something to be proud of.

Just40:
We've already been running it for 2 years..
Next joke

If Raila loss has not given you an heart attack how will this give me one
I am enjoying myself.
And I have a job you can only dream of.

Obiano13:
Find yourself a job Kipmeno. This thread will give you a heart attack.

rvp20182:
You needed to think about the number of bitter people you would evict to create such a big lake.
It bankrupted Ghana and has continued to be the albatross on your economy
VAR history of making losses means it worthless.

Very worthless

VRA makes GH¢156m profit after 9 years of losses - SIGAhttps://siga.gov.gh › Home › News & Insights
Dec 15, 2021 — The Volta River Authority (VRA) has made a profit of GH¢156 million in the 2020 fiscal year, up from a loss of GH¢127 million the previous ...

Keep projecting meanwhile the Company has 2 billion dollars in loans on it book from the WB, Societe General, the Kuwait fund and co.

Is there any company in Kenya that is able to borrow on it own balance sheet to that amount?

This is the company on whose book Ghana spent 16 billion dollars to resolve it power crisis ended 4 years ago.

rvp20182:
Mad cow.
NCA is a regulator.
In kenya we have it CA.
It not owner of spectrum.
Spectrum is owned by Ghana public and the regulator sells/leases/license/manage it.

Every country has their own CA - the regulator.

The problem with these west african double track education bonobos.

How DENSE can you be?

your just not smart ... The regulator is the one that sells the spectrum on behalf of the govt. It is the technical brain of the govt.

Whatever it own is in trust of the govt.

Dumb kid

rvp20182:
When you buy something for a dollar.
You're buying it's liabilities.
1 dollar is just because it has to be sold for something.
Otherwise you're buying debts, unpaid suppliers, unpaid employees, expired licenses

This is not something to be proud of.

actually

You really don't know how BOOT agreement works
It was under similar terms that ....

Both companies 200 million dollars plus liabilities is being paid of by Bharti and millicom.

Next excuse

The Ghanaian govt also took over Ameri Power plant for 1 dollar and handed it over to VRA, this year.
Ameri Power is a 500 million dollars asset and together with it power supply agreement is worth 1.5 billion dollars.
How many times is that valuable than your peanut kengen?

Total revenues - 700M dollars - and has raked losses for 9 years in a row.
Indebted to its gill.
The company is under the depth of it's own Akosombo dam.
Financially speaking.

The balance sheet is here - worthless piece of crap that is swimming in debt - and like Eskom now - is albatross on your national economy.

https://www.vra.com/resources/annual_reports/2020%20VRA%20Annual%20Report.pdf

Just40:
Keep projecting meanwhile the Company has 2 billion dollars in loans on it book from the WB, Societe General, the Kuwait fund and co.

Is there any company in Kenya that is able to borrow on it own balance sheet to that amount?

This is the company on whose book Ghana spent 16 billion dollars to resolve it power crisis ended 4 years ago.

Why would they run away and sell it for a dollar.

Just40:
actually

You really don't know how BOOT agreement works
It was under similar terms that ....

Both companies 200 million dollars plus liabilities is being paid of by Bharti and millicom.

Next excuse

Every country has CA - a regulator. They dont own Telcom. MTN own your Telcom sectors largely including Mobile Money (which is now banking) and are busy now sending the precious rare USD dollar to South Africa - and all you can do is BEG.

MTN - is basically going to own your two important sectors - Telcom and Banking - and they will be repatriating lots of dollars down to Joburg

Those Southies can be very harsh bosses - and very racist - I doubt they have servers in Ghana - everything including your mobile money is probably running from South Africa.

Just40:
your just not smart ... The regulator is the one that sells the spectrum on behalf of the govt. It is the technical brain of the govt.

Whatever it own is in trust of the govt.

Dumb kid

rvp20182:
Total revenues - 700M dollars - and has raked losses for 9 years in a row.
Indebted to its gill.
The company is under the depth of it's own Akosombo dam.
Financially speaking.

The balance sheet is here - worthless piece of crap that is swimming in debt - and like Eskom now - is albatross on your national economy.

https://www.vra.com/resources/annual_reports/2020%20VRA%20Annual%20Report.pdf

noise of a guy with no company in his country as valuable as VRA

rvp20182:
Why would they run away and sell it for a dollar.

Their parent company wanted to exit the African market mostly so the Ghanaian govt took them over per the agreement they both signed

Kengen- just one company - Total revenues of 450M dollars.
Has never made a loss in it's history.
They made 180M dollars in profit.
kenya public has zero exposure in debt from it

How do you make losses selling electricity ? BONOBO of GHANA - explain. Just like Nigeria BONOBOS need to explain how NPP can make losses selling crude oil.

https://www.businessdailyafrica.com/bd/corporate/companies/kengen-profit-more-than-doubles-to-sh18bn-3271566

Power producer Kenya Electricity Generating Company (KenGen) #ticker:KEGN has posted a 133 per cent jump in net profit to Sh18.38 billion for the full year ending June 2020 on the increased output of cheaper geothermal and tax savings.

Just40:
noise of a guy with no company in his country as valuable as VRA

Okay - we will wait to buy their Airtel kenya for a dollar soon.

Just40:
Their parent company wanted to exit the African market mostly so the Ghanaian govt took them over per the agreement they both signed

rvp20182:
Every country has CA - a regulator. They dont own Telcom. MTN own your Telcom sectors largely including Mobile Money (which is now banking) and are busy now sending the precious rare USD dollar to South Africa - and all you can do is BEG.

MTN - is basically going to own your two important sectors - Telcom and Banking - and they will be repatriating lots of dollars down to Joburg

Those Southies can be very harsh bosses - and very racist - I doubt they have servers in Ghana - everything including your mobile money is probably running from South Africa.

you forgot MTN is 35% owned by Ghanaian share holders.

As usual you have no knowledge on what BOOT agreements look like...
Basically your operation is just a lease if you know how JV contracts look like, you'll have an idea.

To Mobile money, the Bank of Ghana only allowed MTN to own 30% of the mobile money business.

Keep digging for all the excuses to why there's no company in Kenya as valuable as the companies I listed.

rvp20182:
Kengen- just one company - Total revenues of 450M dollars.
Has never made a loss in it's history.
They made 180M dollars in profit.
kenya public has zero exposure in debt from it

How do you make losses selling electricity ? BONOBO of GHANA - explain. Just like Nigeria BONOBOS need to explain how NPP can make losses selling crude oil.

https://www.businessdailyafrica.com/bd/corporate/companies/kengen-profit-more-than-doubles-to-sh18bn-3271566

Power producer Kenya Electricity Generating Company (KenGen) #ticker:KEGN has posted a 133 per cent jump in net profit to Sh18.38 billion for the full year ending June 2020 on the increased output of cheaper geothermal and tax savings.

Are you still here comparing a tiny company that is only worth 170 million dollars with total revenue of 370 million to a behemoth valued at 30 billion dollars, whose revenue on core assets is 4 billion dollars plus another 2 billion dollars in it fuel business?

Madness is doing you

That is better - because I saw you begging MTN not to repatraite dollars to South Africa and I cried small for you.

Your power company is as worthless like Nigeria NPP.

I know with your Bonobo Babboon type IQ and brain you cannot understand why.

It quite simple. Most of you bonobos dont pay for power - you steal power - you only have 3 million metered connections. Kenya for comparison has 9 million - South Africa 17 million.

The Nigeria bonobos steal crude oil, damage pipelines, steal refined fuel, manager steal money, total self-sabotage - NPP makes 40yrs of losses.

This why criminality when it becomes a culture even selling gold or crude become loss making.

Gold become a curse.

Oil become a curse

Just40:
you forgot MTN is 35% owned by Ghanaian share holders.

As usual you have no knowledge on what BOOT agreements look like...
Basically your operation is just a lease if you know how JV contracts look like, you'll have an idea.

To Mobile money, the Bank of Ghana only allowed MTN to own 30% of the mobile money business.

Keep digging for all the excuses to why there's no company in Kenya as valuable as the companies I listed.

rvp20182:
Okay - we will wait to buy their Airtel kenya for a dollar soon.

unfortunately you're not smart to have those kind of agreement like GHANA has.

They may have to sell their business to you at premium because of the agreement you have with them..

Their deffered tax liabilities are humongous. We just wait for them to burn their money until they get tired.

Just40:
unfortunately you're not smart to have those kind of agreement like GHANA has.

They may have to sell their business to you at premium because of the agreement you have with them..

rvp20182:
A loss making company for 40yrs being propped by external borrowing is worthy negative...it costing you.Safaricom shares will go up once Fed reduces interests and foreign investor return.Safaricom is a jewel and Npp a burden.You think just because Saudi Amarco is big the Npp is big...why the forthy years of losses.Obaboon 40yrs Npp has made losses

R I P, NNPC made a profit last year that is bigger than anything any Kenyan company ever made.

Obaboon, we have been through this, they declared profit as part of sleepy Buhari propaganda that is he was now turning around NPP, otherwise no money was banked in Nigeria gov coffers. Your senate have investigated it.

Sleepy Buhari has messed up your economy. Obasanjo was good, Jonathan good. I really pray you get Peter Obi. Otherwise you're done done.

Another Sleepy Buhari manufacturing propaganda like Tinubu surely you cannot afford it.

obaaderemi:
R I P, NNPC made a profit last year that is bigger than anything any Kenyan company ever made.

rvp20182:
Obaboon, we have been through this, they declared profit as part of sleepy Buhari propaganda, otherwise no money was banked in Nigeria gov coffers. Your senate have investigated it.

You are not smart, R I P. NNPC made a profit of over N100bn in 2017. Last year it was even bigger. Sit down in little India and be following statements that are purely political.

rvp20182:
DRC is worthy 40 trillion in reserves but I won't buy it for a dollar.NPP has made losses for fourthy years because it worthless .Every country has those reserves of minerals...but nobody serious can value such as wealth...until you extract and sell it profitably..Npp has failed for fourthy years ... just imagine 40 yrs

You value it as wealth of it's in the hands of a company with books that has records of the assets and reserves. DRC is a jungle. You are mad to compare it with a company.

It has never declared dividend. You can cookbooks to declare profit for political propaganda- but Nigeria public - want to see the dividend cheque.

obaaderemi:
You are not smart, R I P. NNPC made a profit of over N100bn in 2017. Last year it was even bigger. Sit down in little India and be following statements that are purely political.

I am torn by Nigeria and DRC on which is a bigger jungle. By land size - DRC is twice and half bigger Jungle. So maybe we call it the biggest Jungle in Africa and Nigeria follows.

You cannot value reserves as company assets when you've proven for 40yrs that you can only generate losses and huge debts. The realizable value of such asset is almost negative.

Oil reserve that you need to battle rebels, thiefs, vandals.

Only the reserve on shores - in middle of Nigeria sea - where Shell can hook their pipes and drain without dealing with vandals are worth of something.

Heck I hear the oil production has halved to a million barrels from two million.. Angola has overtaken Nigeria...NPP years of disinvestment means the oil pipeline are now damaged and oil production is slowly down every year.

obaaderemi:
You value it as wealth of it's in the hands of a company with books that has records of the assets and reserves. DRC is a jungle. You are mad to compare it with a company.

rvp20182:
That is better - because I saw you begging MTN not to repatraite dollars to South Africa and I cried small for you.

Your power company is as worthless like Nigeria NPP.

I know with your Bonobo Babboon type IQ and brain you cannot understand why.

It quite simple. Most of you bonobos dont pay for power - you steal power - you only have 3 million metered connections. Kenya for comparison has 9 million - South Africa 17 million.

The Nigeria bonobos steal crude oil, damage pipelines, steal refined fuel, manager steal money, total self-sabotage - NPP makes 40yrs of losses.

This why criminality when it becomes a culture even selling gold or crude become loss making.

Gold become a curse.

Oil become a curse

there are 3.5 million houses in Accra alone ... That is more than 3.5 million meters. Kumasi also has 3 million houses which are metered and all connected to the grid.

Only people who don't pay for powered in Ghana are those whose lands were affected by the creation of the Volta lake..

Total electricity sold in Ghana is more than 3 time what is sold in Kenya... Just get off the electricity Convo because you have no idea of it and you keep making a fool of yourself.

Total power sold in Ghana is 33 billion kWh..

Ghana per Capita power consumption is now 1,049.31 kWh

rvp20182:
Their deffered tax liabilities are humongous. We just wait for them to burn their money until they get tired.

Most businesses in Kenya are mostly a mess like that

The stats of metered connection come from your own gov.
You need to improve metering so your companies dont go bankrupt
And when they go bankrupt they take economy down.
That is why VRA and it's cousin has bankrupted Ghana since 1962.
VRA send your hero Kwame Nkrumah to exile where he died bitter.
And it continues to send your economy to IMF.

And it appears IMF maybe a little tired of your cries for help - and now we are watching Sri Lanka unfold

South Africa is now being taken to cleaners by Eskom.

Nigeria became a zoo with NEPA.

SYSTEMIC RISKS FROM ENERGY UTILITIES TO ECONOMY IS VERY SERIOUS

VRA with 9yr losses - mean it cant turn turbines - cant buy gas - cant function - then darkness, power cuts, and then a mess

Just40:
there are 3.5 million houses in Accra alone ... That is more than 3.5 million meters. Kumasi also has 3 million houses which are metered and all connected to the grid.

Only people who don't pay for powered in Ghana are those whose lands were affected by the creation of the Volta lake..

Total electricity sold in Ghana is more than 3 time what is sold in Kenya... Just get off the electricity Convo because you have no idea of it and you keep making a fool of yourself.

rvp20182:
The stats of metered connection come from your own gov.
You need to improve metering so your companies dont go bankrupt
And when they go bankrupt they take economy down.
That is why VRA and it's cousin has bankrupted Ghana since 1962.
They send your hero Kwame Nkrumah to exile where he died bitter.

South Africa is now being taken to cleaners by Eskom.

Nigeria became a zoo with NEPA.

Yet Ghana sold 33 billion kWh of electricity averagely in 2021

Do you know how much that is?

Ghana has sells 1 billion dollars in electricity monthly

Last I checked it was around 17 GHZ consumption - but your utilities are broke, indebted and draining your economy.
How much of that power is paid for?

Jul 5, 2022 — In Ghana, about 30% of electricity supplied by the utility companies is lost through theft and other illegal activities [3] .

Just40:
Yet Ghana sold 33 billion kWh of electricity averagely last year

Do you know how much that is?

rvp20182:
Last I checked it was around 17 GHZ consumption - but your utilities are broke, indebted and draining your economy.
How much of that power is paid for?

Jul 5, 2022 — In Ghana, about 30% of electricity supplied by the utility companies is lost through theft and other illegal activities [3] .

The general system loss is just 4.7% and 5.2% in 2020

Next time seek proper information.... This is for to the failure of Gridco so fix capacitor banks at distribution substations.

Most Ghanaian houses are connected with prepaid meters.