rvp20182:
Yes - both Ghana and Nigeria had huge debt forgiven - but here they are - indebted to their gills - and almost both have no viable plan to pay off it. They simply dont generate revenues needed to pay off debt.

They are now claiming their reserves will pay for it. DRC would already be 1st world.

This was the Kenyan finance minister at the time begging to be part of the debt relief but Kenya did not qualify for it because the US had already forgiven Kenya of billions in debt in 1995.

rvp20182:
The difference btw normal thinking human and mad man is the soundness of their argument.

Basic sound argumentation 101 that you learn in lower primary debating class.

When you allege something with data - quote the data - paste the data - add link - SUPPORT.

That normally should end the debate - because data is sacrosanct - facts are sacred.

Either you're mentally ill therefore cannot make sound argument or you got bad education or bad morals from Accra slums- or all the above

good you didn't contest those facts and chooses to make the usual noise you make with trashy write up ..



Anyway why is cost of electricity 8 times expensive in Kenya than in Ghana, bare in mind that Ghana generate 70% of is electricity from gas plants.. which is supposed to make ours even more expensive.

rvp20182:
Nov 2022 - Ghana debt to GDP is above 100%.

Another bailout won't solve Ghana's economic crisis
Oct 20, 2022 — The major problem now is rising debt, which stands above 80% of GDP and is projected to reach 104% by the end of 2022. Ghana has been thrust

you saw projected and still managed post this thrash

The projection is based on expectations of borrowing to end of 2023.

Meanwhile Kenya debt is already 100 billion dollars as we speak.

Sometimes use common sense.
8 times? Does it even sound normal to you?
https://www.stimatracker.com/
Kenya tarrifs - start from 10 cents for industrial customers to about 22 cents for residents (lower class pay 10-15 cents).
Ghana is about the same.

Maybe you're consuming internet crap data I have seen on stastica.

Check again from proper sources.

Cheapest are Ethiopia & Egypt - Ethiopia use to be 4 cents - I think now 6 cents - maybe 8 considering Birr has depreciated.

Just40:
good you didn't contest those facts and chooses to make the usual noise you make with trashy write up ..



Anyway why is cost of electricity 8 times expensive in Kenya than in Ghana, bare in mind that Ghana generate 70% of is electricity from gas plants.. which is supposed to make ours even more expensive.

Kenya debt forgiven in 1995? Never heard of it. Kenya restructures it debt - delayed repayment in 1990s
We were not eligible because we could pay.

Ghana has been part of HIPC forever. Highly Indebted Useless countries.

Just40:
This was the Kenyan finance minister at the time begging to be part of the debt relief but Kenya did not qualify for it because the US had already forgiven Kenya of billions in debt in 1995.

Shma2022:

Dude, Kenya is not ghana. I can give you an official website of 21,900km of paved kenHA road network. I don't throw random numbers like you.

And read to understand, don't read to respond. I said our target by 2024 is to hit 40k km. That is achievable if we add 7k of new roads yearly.

so should we check Kenha website for the paved highway length?

Anyway, as at 2018 Kenya had 12,950km of paved roads and only 4,300km was in good condition and only 122km new roads was under construction....
https://allafrica.com/stories/201812120066.html

Like we've seen in several of your govt report, it is only able to construct(paved) less than 200km of roads per annum

Your highway authority says it has 13,200km of paved roads

WB/IMF projected 90-104. I think I have seen 138 percent as your real GDP to debt. Cedis depreciation affect your external debt. It has grown by 50% everytime Cedis collapse by 50%. This just PURE COMMON SENSE.

Just40:
you saw projected and still managed post this thrash

The projection is based on expectations of borrowing to end of 2023.

Meanwhile Kenya debt is already 100 billion dollars as we speak.

Shma2022:

Hahaaa... These are the figures for 2022. Lemme give you the link.

https://theconversation.com/ghana-and-the-imf-debt-restructuring-must-go-hand-in-hand-with-managing-finances-better-191877#:~:text=Ghana's%20total%20public%20debt%20as,was%20US%2428.1%20billion%20(GHS203.

Bloomberg is saying 81%.

and here is the actual

rvp20182:
Almost every stock has sunk worldwide as we are in bear market. I use the past tense. We will sell when prize is right. I assume that you're normally not mad - just have bad education and low IQ.

How much is Dangote worth now?

Idiot, Dangote hasn't lost 50% of its value like Safaricom has.

Kenya has about 25,000km of paved road - and road network approaching 300K. These are facts easily available. You can check national accounts in KNBS for latest.

Just40:
so should we check Kenha website for the paved highway length?

Anyway, as at 2018 Kenya had 12,950km of paved roads and only 4,300km was in good condition and only 122km new roads was under construction....
https://allafrica.com/stories/201812120066.html

Like we've seen in several of your govt report, it is only able to construct(paved) less than 200km of roads per annum

Your highway authority says it has 13,200km of paved roads

rvp20182:
Obaboon, how does it being owned 100% help Nigeria? A company only help when it generate returns in form of dividends to the shareholders - in this case Nigeria gov & public. NPP generate losses and debt. You're borrowing to prop it.

You can imagine selling crude and making losses.

And I'm asking you: who does NNPC pay dividends to at this stage? I'm not sure you know what you are saying again.

Dangote has lost 25% of it value.
Safaricom has made huge bet on Ethiopia.
Very risk market with civil war
It's going to pay off as Kenya with help of Obasanjo are fixing Ethiopia.
Safaricom next year or two - will be worth 30 billion dollars or more.
Already they are closing 1 million subscribers in a month of launch

obaaderemi:
Idiot, Dangote hasn't lost 50% of its value like Safaricom has.

rvp20182:
The world dirtest city with cholera epidemic that normal kill thousands. That is accra. And you're here online with choleric diarhoea on threads it impossible to have a sober debate.

This akin to a mad house.

Ghana eliminated cholera and your fellow Kenyans have confirmed for themselves that Ghana is cleaner than Kenya.

Meanwhile cholera is busy killing Kenyans yearly.

This is from the US CDC on Ghana .. there's no active case in Ghana

rvp20182:
You need to juxtapose that graph with the actual availability. Kenya enjoys almost 99% electricity coverage - you're luckly if you get 4hours per day.

Maybe if you paid more - your bankrupt power companies - will have the money to turn the turbines - and add you two hours of power - and you wont be angry about kenya - a success story in power sector.

So you've moved from tariffs to availability. Keep running around, I'm still on your case.

obaaderemi:
Everything is expensive there. The reason is not farfetched, foreigners control everything in Kenya.

people want to cash out fast

It should pay dividend to the shareholders. If it's federal or all the 36 states - they should declare profit for once - and make some payment. If they claim to have made profit - and then retained all the profit - then owners have got nothing from it - 40yrs later.

obaaderemi:
And I'm asking you: who does NNPC pay dividends to at this stage? I'm not sure you know what you are saying again.

Nigeria electricity is cheaper - than kenya - but rarely available.
What is pay - diesel generator per unit - cost 40-50 cents usd
That is the real cost of electricity in Nigeria - 40-50 cents usd - half a dollar.
That is world most expensive power.

obaaderemi:
So you've moved from tariffs to availability. Keep running around, I'm still on your case.

Shma2022:

Go Lie to your intellectually dwarf caliber. The accra we know can be a case study for open drainage systems that breed diseases. Open defecation is extremely high in that small zoo.

Don't be jealous of our expressway. A normal Ghanaian in the grand scheme of things can only view such magnificent infrastructure in a dream - I get it.

yet most of Accra drains are covered and all road construction since 2017 has come with covered drains..

Meanwhile your country just paid a billion dollars for this road and the drainages look like this

Under construction slowpoke

Just40:
yet most of Accra drains are covered and all road construction since 2017 has come with covered drains..

Meanwhile your country just paid a billion dollars for this road and the drainages look like this

Your gov will never stop selling your crap because you're a country of idiots.

Ghana gdp to debt is now close to Zambia - 100% plus.

Get calculator and multiply external debt by 2 or 3. That is magic your cedis is doing to you. It's doubling your debt without any extra borrowing. Every day cedis weaken you debt to gdp increases.

Zambia your twin is already past 110%

Just40:
and here is the actual

rvp20182:
Sometimes use common sense.
8 times? Does it even sound normal to you?
https://www.stimatracker.com/
Kenya tarrifs - start from 10 cents for industrial customers to about 22 cents for residents (lower class pay 10-15 cents).
Ghana is about the same.

Maybe you're consuming internet crap data I have seen on stastica.

Check again from proper sources.

Cheapest are Ethiopia & Egypt - Ethiopia use to be 4 cents - I think now 6 cents - maybe 8 considering Birr has depreciated.

facts really come strange to you

Anyway this is the price per unit cost per country.

See where your country is

Nonsense. Get credible data. You cannot pay less than 1 cent. Hydro cost of production alone is 3-6 cents usd. Your thermal power is definitely close to 10 cent.

Ghana cost of electricity - check your bill - is close to 20 cent per unit.

Just40:
facts really come strange to you

Anyway this is the price per unit cost per country.

See where your country is

rvp20182:
Kenya debt forgiven in 1995? Never heard of it. Kenya restructures it debt - delayed repayment in 1990s
We were not eligible because we could pay.

Ghana has been part of HIPC forever. Highly Indebted Useless countries.

I know, most things are never heard of by Kenyans because you guys are mostly kept in the dark and are poorly educated on top of it.


Your minister was busy begging because you couldn't pay but you plea was rejected by the US because they prior forgive your debt in 1995.

When did we borrow US? I dont remember ever

Just40:
I know, most things are never heard of by Kenyans because you guys are mostly kept in the dark and are poorly educated on top of it.


Your minister was busy begging because you couldn't pay but you plea was rejected by the US because they prior forgive your debt in 1995.

rvp20182:
WB/IMF projected 90-104. I think I have seen 138 percent as your real GDP to debt. Cedis depreciation affect your external debt. It has grown by 50% everytime Cedis collapse by 50%. This just PURE COMMON SENSE.

yet this is our actual debt

Keep projecting ... Meanwhile Kenya is at 74% debt to GDP while debt servicing is taking more than 70% of your revenue... At 14 billion dollars per annum...

This is why you're desperate

The fool sinking your economy. I guess you're in good company in your country.

Just40:
yet this is our actual debt

Ghana - 26 cent - way more expensive than kenya - and business whoping 56 cent - OKAY NIGERIA IS BETTER - no wonder you IMPORT EVERRYTHING FROM NIGERIA
https://www.globalpetrolprices.com/Ghana/electricity_prices/

rvp20182:
Kenya has about 25,000km of paved road - and road network approaching 300K. These are facts easily available. You can check national accounts in KNBS for latest.

these are the available facts .....

You have only 13,200km of paved highways according to KenHa

And your country adds only 200km of pave roads per year ....

The rest is up to you... How you got to 21,000km paved roads is a question that can only be asked by Kenyans to get the proper reply.

obaaderemi:
So you've moved from tariffs to availability. Keep running around, I'm still on your case.

They are just jumping around from one argument to another ... After they realize you've exposed them

rvp20182:
Under construction slowpoke

This are pictures after construction when contractors abandoned site

Dunderhead

What's your next excuse?

KENHA manages highways
KURA urban roads
KERRA rural roads.
Counties manage their roads
Wildlife manage roads in game park
Kenya road board manage all the roads

Just40:
these are the available facts .....

You have only 13,200km of paved highways according to KenHa

And your country adds only 200km of pave roads per year ....

The rest is up to you... How you got to 21,000km paved roads is a question that can only be asked by Kenyans to get the proper reply.

Ghana power tarrif - find them here
https://gipc.gov.gh/utilities/