rvp2018:
Yes kenya minimum wage is 3 times Ghana. With inflation 5 or 6 times
https://www.dw.com/en/what-kenyas-minimum-wage-rise-means/a-61745999
For example, under the new wage hike, domestic workers living in one of Kenya's three biggest cities of Nairobi, Mombasa or Kisumu should now be paid a minimum of 15,201 Kenyan shillings ($131 or €124). That's an increase of some $14 a month.

A mini zoo.

obaaderemi:
Fake data. Should I post pictures of your starving horde again. It will take pages upon pages.

Go ahead Obaboon, I dare you.

Just40:
First of.. Ghanaians earn far higher than Kenyans...

Secondly, we are picking retail prices of basic commodities of a bread basket.

So if I earn huger than you and I'm still buying things practically at lower prices than you, what will you call that?

Nonsense. Can you prove Ghanaians earn higher than Kenyans? With sources please?

rvp20182:
How much of that GDP is minerals... like Gabon and Eq Guinea.Your people earn less than a dollar a day...that crazy..in Kenya nobody will work for less than 4-5 dollars a day

mining only 5.5% to GDP .. don't take my words for it..

From Ghana ministry of finance

Now what's your next excuse for why your GDP per Capita is lower than Ghana's?

Domestic workers are earning 6.1 dollars per day in Ghana.. others are earning 8-10 dollars a day as labourers

Just40:
You just like to post nonsense

Meanwhile Ghana has more housing under construction than all of Kenya and also have more housing than Kenya.

Ghana real estate is expensive in comparison to what you'll get in most part of the US when price comparison is done per Normal 3 and 4 bedroom houses that will cost 250,000-300,000 USD is mostly costing 450,000 to 700,000usd in Ghana.

The argument real estate owners make here is that housing in the US is mostly wood base so that comparison is neither here nor there when we build with concrete in Ghana.

Nonsense. Housing is so bad in Ghana owners ask you to pay a full year rent before signing a lease. Tell us any other country that such things happen? Ghana is a case study of jow not to run a country.

vaxx:
it is even abnormal to used minimum wage has standard here . Ghana Labour market is highly influence by informal sector . More than 70 percent Ghanaian are in informal sector , more than kenya . Using apple against orange is what I don't get here. Very obtuse . It is just like Nigeria having a larger informal sector and yet with a lower wages .

Informal sector workers don't make too much money, or pay taxes for that matter. Most have no access to banking. Your economy is a joke. Bunch of gold miners and market ladies basically.

rvp2018:
This kind of thinking is what has led Ghana to where it is.
You should have thought about this before raking in billions of external commercial debts.
Nobody is begging you to join IMF. Your economy is in ICU and any further delay means total collapse.
Domestic market - when you want to restructure local debt - who in Ghana will trust Ghana gov with their money?
Join BRICS - Russia is in trouble, south africa is broke, brazil a mess - only China is still standing.

The options you have
1) Cut the budget completely by half or more - eliminate deficit - stop borrowing completely - fire civil servants - downsize - stop all development. Balance the budget asap. Also stop importing lot of unnecessary stuff. Then start repaying debt - negotiate with external debtors - and after 5yrs - you should be good to go.
2) IMF to recommend a milder version of the same while assisting on humaniterian grounds.

Our external debt is only 28 billion dollars which is effectively being paid by Ghanaian companies whose every activity bring massive amount of dollars.
This is why Ghana will not default in it liquidity challenge

You've been saying this for 2 years and your country collapsed withing that time frame and is on IMF debt bed.. I've not seen a country on ICU beds survive this long

Every banking institution is patiently waiting to loan Govt money and receive good returns but that is not the debt market I'm even talking about... I'm talking about Ghana making available all it money that it is investing into foreign markets and collecting peanuts in order to create it own finance market.

All of those countries you mentioned are better off because they've effectively ween themselves off the dollar drag

Just40:
The prices at the shelf says otherwise and the incomes also say otherwise.. That price income ratio is mostly related to real estate where Accra real estate turn to be some of the most expensive you'll find in the world.. if you compare.

I was at Sucasa at East Legon, 2 weeks ago and was shocked that people are paying cash 70,000 dollars 200,000 dollars for off plan properties and waiting 4 months to have their property built according to their liking...
And already their phase 1 and 2 are sold out while their phase 3 at East Legon hills and Ayi Mensah are in development.

Don't be impressed by nothing.

The bolded is not peculiar to Ghana alone,even the much ridiculed countries on this thread like Benin republic, Togo,Senegal, Mali,has were people are ready to pay such an amount or even more for an off plan projects. Just start a foundation anywhere in Abidjan and you will see people queuing for rent and i am not even capping. What should rather be a concern is that is the value really worth it ? How can you pay such an amount for a basic building were the whole area is filled with red earth soil,open gutter,containers littered everywhere? Will that amount not get you something better in another country? Ghanaians are just been ripped off nothing more. Lastly my screenshot had nothing to do with rent to income ratio,but general prices of goods and services to income ratio.

Madman - why would a Ghanian based company like Anglo Ashanti or Tullow or MTN pay for your gov debt with their hard earned dollars while their shareholders in London, Newyork, and Johannesburg are waiting for return of investment with same dollars.

Your gov has to pay it's own debt by finding it's own dollars. If not it has to buy. Otherwise companies will pay Ghana gov in Cedis for their taxes and royalties - the dollars they will keep them safe - outside the country - to protect them.

You can only grab poor cocoa farmers dollars because they are not as powerful as Anglo or MTN or Tullow.

For the rest - gold or oil - send their exports abroad - get paid abroad - keep the dollars abroad - send as much dollars as is necessary to pay taxes and keep their operation going on in Ghana. Only MTN type that get paid in Cedis is in trouble because they have to race against cedis to save something for their shareholders in Joburg.

Just40:
Our external debt is only 28 billion dollars which is effectively being paid by Ghanaian companies whose every activity bring massive amount of dollars.
This is why Ghana will not default in it liquidity challenge

You've been saying this for 2 years and your country collapsed withing that time frame and is on IMF debt bed.. I've not seen a country on ICU beds survive this long

Every banking institution is patiently waiting to loan Govt money and receive good returns but that is not the debt market I'm even talking about... I'm talking about Ghana making available all it money that it is investing into foreign markets and collecting peanuts in order to create it own finance market.

All of those countries you mentioned are better off because they've effectively ween themselves off the dollar drag

POKUASI2:
poor like the whole of ghana is littered with rich people.
The same Accra that has over 256 slums in it?
Where are the rich

I have never seen the kind of people before,boasting about how their country is very expensive to live in

popizaino:



Don't be impressed by nothing.

The bolded is not peculiar to Ghana alone,even the much ridiculed countries on this thread like Benin republic, Togo,Senegal, Mali,has were people are ready to pay such an amount or even more for an off plan projects. Just start a foundation anywhere in Abidjan and you will see people queuing for rent and i am not even capping. What should rather be a concern is that is the value really worth it ? How can you pay such an amount for a basic building were the whole area is filled with red earth soil,open gutter,containers littered everywhere? Will that amount not get you something better in another country? Ghanaians are just been ripped off nothing more. Lastly my screenshot had nothing to do with rent to income ratio,but general prices of goods and services to income ratio.

The general prices of good to income is better than most countries including Kenya as we've seen with the retail prices on their market.

Your screenshot has to do with real estate which are higher in prices here.

POKUASI2:
that guy is the most idiotic thing I've ever come across..
Imagine a country that spent 6.4 million dollars importing fresh garlic from China.
Fresh garlic!!!!

They import virtually everything. Have you forgotten they also lead in the importation of second hand clothes in Africa ?

Just40:
name 10

kwashieman
Ashiaman
Darkuman
Bubiashi
60 percent of Achimota
70 percent of Adabraka
Mallam.
Pukuasi town
Teshie
80 percent of labadi
40 percent of spintex
Odorko
Kaneshie (aside North Kaneshie)
70 percent of OSU
Fadama
Agbogbloshi
60 percent of tetegu
50 percent of kasoa
The entire kokrobire enclave

popizaino:


They import virtually everything. Have you forgotten they also lead in the importation of second hand clothes in Africa ?

exactly. Including cooking utensils.
Matress ETC..
The buy used underwear for men and women

rvp2018:
Madman - why would a Ghanian based company like Anglo Ashanti or Tullow or MTN pay for your gov debt with their hard earned dollars while their shareholders in London, Newyork, and Johannesburg are waiting for return of investment with same dollars.

Your gov has to pay it's own debt by finding it's own dollars. If not it has to buy. Otherwise companies will pay Ghana gov in Cedis for their taxes and royalties - the dollars they will keep them safe - outside the country - to protect them.

You can only grab poor cocoa farmers dollars because they are not as powerful as Anglo or MTN or Tullow.

For the rest - gold or oil - send their exports abroad - get paid abroad - keep the dollars abroad - send as much dollars as is necessary to pay taxes and keep their operation going on in Ghana. Only MTN type that get paid in Cedis is in trouble because they have to race against cedis to save something for their hareholders in Joburg.

Are Tullow debt or MTN debts guaranteed by the Ghanaian govt ?
You're really slow
Does MTN earn in dollars?

utility companies borrowed 13 billion dollars Which They've manage to pay off with the exception of a revolving 6 billion dollars.
Ghana borrowed 22 billion dollars to finance the development of it various oil and gas fields which are being paid off by it various oil and gas companies.


Kenya does not have this advantages so your debt has become an albatross on the neck of your govt and now Kenya is on IMF austerity death bed

Safaricom subscription has reached 1M in Ethiopia after only one month. Revenue after one month is Ksh 98M.

The 11th built flyover in PH to commissioned today(11/16/2022) : This state now boasts more flyovers than the entirety of Kenya, more than any other metropolis in Africa.

People should buy Safaricom shares. Ethiopia is virgin market used to just a monopoly.

Wuoche:
Safaricom subscription has reached 1M in Ethiopia after only one month. Revenue after one month is Ksh 98M.

popizaino:


I have never seen the kind of people before,boasting about how their country is very expensive to live in

that's how stupid they're.
I've been to almost every part of their country and know exactly what is obtainable outside ACCRA.
name any city or town in ghana that matter —I've not been to.
You only have a feel of a city on when you're in ACCRA.
The rest are like 14th century towns where people are yet to embrace modernity.
One thing that greets you wherever is that obnoxious smell of human waste.
I was at secondi harbor and the smell was so bad that it was extremely difficult to breathe.
The from there to takoradi mall, same story.
I was at WA, same story.

So why is Ghana gov borrowing on behalf of utility companies?
Why cant they not borrow money themselves?
Is the Ghana the gurantor? or what is the issue here.

As far as I know Ghana treasury took the money and used the money - and must repay the money

Just40:
Are Tullow debt or MTN debts guaranteed by the Ghanaian govt ?
You're really slow
Does MTN earn in dollars?

utility companies borrowed 13 billion dollars Which They've manage to pay off with the exception of a revolving 6 billion dollars.
Ghana borrowed 22 billion dollars to finance the development of it various oil and gas fields which are being paid off by it various oil and gas companies.


Kenya does not have this advantages so your debt has become an albatross on the neck of your govt and now Kenya is on IMF austerity death bed

Yes I watched a video of kenya girl - and she talks about the smell - when she landed in Accra. Ghana's Accra has been voted many times the dirtiest city in Africa. That takes some hardwork in being dirty. Now I can only imagine the rest if Accra is the best.

The problem is total lack of modern sewage system apart from old central Accra CBD

Then dumping of overflowing cesspits and soakpits by trucks on the oceans - and then flooding come - and dump everything everywhere.

POKUASI2:
that's how stupid they're.
I've been to almost every part of their country and know exactly what is obtainable outside ACCRA.
name any city or town in ghana that matter —I've not been to.
You only have a feel of a city on when you're in ACCRA.
The rest are like 14th century towns where people are yet to embrace modernity.
One thing that greets you wherever is that obnoxious smell of human waste.
I was at secondi harbor and the smell was so bad that it was extremely difficult to breathe.
The from there to takoradi mall, same story.
I was at WA, same story.

BasiGo - electric bus maker in Nairobi - get 7M dollars - total 11M funding. I hope this start of funding of EVs in kenya.
https://nation.africa/kenya/business/basigo-nets-sh806m-for-kenya-electric-buses-4022114

The company said it has so far driven more than 110,000 kilometres and carried over 140,000 passengers in Nairobi with two buses it piloted in the capital city, through Citi Hoppa and East Shuttle.

The company said it has already received 100 reservations from customers, and recently entered into partnerships with KCB Group and Family Bank to provide up to 90 percent financing for the purchase of electric buses.

rvp2018:
People should buy Safaricom shares. Ethiopia is virgin market used to just a monopoly.

This is how you foster national development, Dangote, the greatest African investor in the majority of African nations, is assisting Zambia, Tanzania, Ethiopia..... in becoming self-sufficient and assisting each country in creating at least 5000 direct income jobs. oppourtunities

rvp2018:
Yes I watched a video of kenya girl - and she talks about the smell - when she landed in Accra. Ghana's Accra has been voted many times the dirtiest city in Africa. That takes some hardwork in being dirty. Now I can only imagine the rest if Accra is the best.

The problem is total lack of modern sewage system apart from old central Ghana CBD


Then dumping of overflowing cesspits and soakpits by trucks on the oceans - and then flooding come - and dump everything everywhere.

bro I'm talking raw human waste in black rubber in front of kaneshie market ran over my cars.
This same kaneshie is one of the city centers
Secondi harbor, the entire community poo on the stones used as sea defense wall.
I mean the entire community!!

Wuoche:
Safaricom subscription has reached 1M in Ethiopia after only one month. Revenue after one month is Ksh 98M.

The funniest story ever . We all know that Kenyan businesses are notorious for fabricating data to make their products appear to be successful. Similar claims were made about your supermarkets' enormous earnings in eastern and central Africa, but the facts turned out to be false. "Renowned companies that collapsed during the year were once giant retailer Tuskys, Intercontinental Hotel, Shoprite and Choppies were posting false profits" .
Read more: https://www.tuko.co.ke/business-economy/435258-tuskys-kenyan-companies-collapsed-2021/

Okay that is cross.

POKUASI2:
bro I'm talking raw human waste in black rubber in front of kaneshie market ran over my cars.
This same kaneshie is one of the city centers
Secondi harbor, the entire community poo on the stones used as sea defense wall.
I mean the entire community!!

Someone opinion; Everyone got one.

68816419:

The funniest story ever . We all know that Kenyan businesses are notorious for fabricating data to make their products appear to be successful. Similar claims were made about your supermarkets' enormous earnings in eastern and central Africa, but the facts turned out to be false. "Renowned companies that collapsed during the year were once giant retailer Tuskys, Intercontinental Hotel, Shoprite and Choppies were posting false profits" .
Read more: https://www.tuko.co.ke/business-economy/435258-tuskys-kenyan-companies-collapsed-2021/

rvp2018:
BasiGo - electric bus maker in Nairobi - get 7M dollars - total 11M funding. I hope this start of funding of EVs in kenya.
https://nation.africa/kenya/business/basigo-nets-sh806m-for-kenya-electric-buses-4022114

The company said it has so far driven more than 110,000 kilometres and carried over 140,000 passengers in Nairobi with two buses it piloted in the capital city, through Citi Hoppa and East Shuttle.

The company said it has already received 100 reservations from customers, and recently entered into partnerships with KCB Group and Family Bank to provide up to 90 percent financing for the purchase of electric buses.

just 7M dollars , Dream on while other countries around the world are pleading with Nigerian investors to come and invest in their nations, you name it from Manufacturing, Tech , Agric, Entertainment ......

As long as Dangote practise fair competition; doesnt replicate Nigeria mess; he is welcome to invest;
Look like Ethiopia has clamped down on Dangote
https://www.thereporterethiopia.com/26447/
The price of cement at the end market, according to this executive who requested anonymity, was over two times higher than what they have been selling. The factory was never responsible for what happened in the long market chains, as he explained.

68816419:

This is how you foster national development, Dangote, the greatest African investor in the majority of African nations, is assisting Zambia, Tanzania, Ethiopia..... in becoming self-sufficient and assisting each country in creating at least 5000 direct income jobs. oppourtunities

Nigeria cannot become anything when only thing you got is Dangote.
In kenya we have thousands of companies expanding in every sector including Manufacturing.
Tower Aluminium was started in kenya and run west africa roofing.

68816419:

just 7M dollars , Dream on while other countries around the world are pleading with Nigerian investors to come and invest in their nations, you name it from Manufacturing, Tech , Agric, Entertainment ......

rvp2018:
Someone opinion; Everyone got one.

You mentioned someone opinion? . that Kenyans are notorious for making up information? What happened to your top supermarket and banks that falsely making profits across Eastern and Central Africa before going out of business in a few of years?

Once in a while when company grow too fast; they crush;
There is no big kenyan bank in trouble.
In Supermarket - Nakumatta and Tuskys - have been replaced by others - Niavas is now bigger than Nakumatt or Tusky ever got - they are approaching 100 stores.
When market is dynamic - not just Dangote - it does the magic

Nakumatt got to 65 stores; then crushed;
Tusky went to 75 then crushed;

Naivas is now market leader at 90 stores. QuickMatt follows with 60 stores. South African struggled but French Carrefour is nearing 20 stores and growing very fast

https://www.businessdailyafrica.com/bd/corporate/companies/naivas-to-open-four-more-branches-in-next-one-month-3992410
The upcoming stores will raise the retailer’s branch network across the country to 90 as its races to defend its market leadership against an aggressive QuickMart —which has opened 10 branches in the last 10 months.

KENYA – Carrefour Kenya, owned and operated by Dubai-based conglomerate Majid Al Futtaim, has opened its first branch in Nairobi’s central business district (CBD), heightening its competition against its rivals who have long had operations in the city center.

With the new addition, Carrefour now operates 19 stores countrywide with 15 located in Nairobi while Kisumu and Mombasa host two stores each.

68816419:

You mentioned someone opinion? . that Kenyans are notorious for making up information? What happened to your top supermarket and banks that falsely making profits across Eastern and Central Africa before going out of business in a few of years?