Kemistri4:


Oga, you're talking rubbish sha


Mention one devastating consequences of the withdrawal of South African companies from Nigeria and you're yarning okoto

If DSTV pull out of Nigeria, SA economy will suffer. We have alternative Pay TVs

If MTN goes, there are many equally good providers of GSM services

Starlink the fastest ISP is from USA not SA.

SA can't try shitz with Nigeria

WannaHowzit:


Do you have a world-class Nigerian substitute for Multichoice to offer Ghana?😂😂😂😂😂

I can't stop laughing today, so many hungry japaring Nigerians who have been brainwashed that they're the giant of Africa.

(Insert crying emoji here!) 😂😂😂

Fvcking rape and crime capital of Africa , I read of the number of women , children and adults alike , who get raped and killed on a daily occurrence. Mugging is second nature to their men , you can get mugged in broad daylight with people even passing by

Phenomena1:
"DEVASTATING CONSEQUENCES"

What are the consequences on the nation in question?

Job losses

Reduction in FDI inflows

All that

Lovebugs:
Dey couldn't warn Nigeria when we fined mtn some years ago

Nigeria is not in the leagues of SA..

Nah the likes of Ghana SA can brag at..

What a cheap Brag!

olisaEze:
An informative thread derailed by unnecessary comments. Ghana with a population of about half of South Africa’s will definitely bow to threats of investment withdrawals. Nigeria with a population thrice that of SA and a huge capital investment market, issues the threats no matter how poorly governed. We need to rest this black mentality of defining our civilization by how closest to being white we can pretend to be. It is a peculiar sensation, this double-consciousness, this sense of always looking at one’s self through the eyes of others, of measuring your existence by the tape of a world that looks on in amused contempt and pity.

But we still have to compare our society with yardsticks the rest of the world uses. Africa is lagging behind; that is an undeniable truth and they only way we can truly measure our progress is with that tape you spoke about because left to us Africans; we’ll lie, hide and politicize the truth of our growth or in this case, decline.

WannaHowzit:


Where's Shoprite now? You're shopping inside a Lagos gutter full of poop. So sorry for you. I'm certain you have plans to japa to SA soon. Sorry -no visa for Nigerians 😂😂😂😂😂😂

Go kill yourself and leave a note. I'll make a thread out if it.

U aint making sense kaffir

WannaHowzit:
MTN has informed shareholders that Ghana has backed down on a GHS8.2 billion (R11.7 billion, N312 billion) back-taxes claim, including interest and penalties.

Ghana temporarily withdrew the tax assessment to provide a 21-day timeline to allow for “further engagements” with MTN.

“Shareholders are advised that following extensive and productive discussions held during this 21-day period between MTN Ghana, MTN, and relevant authorities in Ghana, the [Ghana Revenue Authority] has on 3 February 2023 fully withdrawn the assessment,” MTN said in a statement on Friday.

“MTN would like to further assure Shareholders and other stakeholders of MTN Ghana’s commitment to the highest standards of tax compliance and responsible corporate citizenship,” the company said.

“MTN and MTN Ghana would like to thank all stakeholders involved for the support and collaboration to arrive at this amicable and mutually satisfactory full withdrawal of the assessment.”

South Africa Issued Warnings

The announcement comes after South Africa’s foreign affairs ministry weighed in on the dispute with a warning to the Ghanian authorities.

Naledi Pandor, the Minister of International Relations and Cooperation, said it was extremely concerning that South African companies were being targeted by governments like Ghana’s with exorbitant tax claims.

The Department of International Relations and Cooperation (Dirco) highlighted that South Africa is one of Ghana’s most significant investors, with interests in several industries, including mining, communication, retail, and franchising.

“According to the Ghana Investment Promotion Centre, there are over 100 South African companies registered and operating in Ghana, employing over 19,087 Ghanaians and 510 expatriates,” it said.

Dirco also said that South African companies have taken on more than 170 projects in the country — valued at over $1,431,523,166 (R25 billion) in capital investment.

It expressed concern that competitors of South African companies from other parts of the world do not appear to be subjected to the same “challenges”.

South Africa’s foreign affairs department then warned that such “unfavourable conditions” in other African countries have led to South African companies disinvesting from them, often with devastating consequences for the nation in question.

The potential fine represented about 5% of MTN’s market capitalisation, and the government’s decision “removes a threat to this year’s shareholder returns,” Bloomberg Intelligence analyst John Davies said in a note.

Ghana is Cash-Strapped

Ghana’s cash-strapped government has been demanding some of the nation’s largest companies to pay millions of dollars of back taxes. Gold Fields Ltd., Kosmos Energy Ltd. and Tullow Oil Plc have received similar bills. All of the companies dispute the government’s claims.

Ghana lost access to international capital markets because of its ballooning debt and loan-service costs. The government has been forced to allocate most of its revenue to service an estimated 576 billion cedis of public debt.

It is restructuring most of its obligations amid a slump in the cedi, and is seeking a $3 billion loan from the IMF.

African countries must look inwards for revenue and not laze about depending on cheap money like taxes.

They even back dated the tax with penalties yet they probably don't have a good alternative source of mobile communication should MTN leave their land.

WannaHowzit:


Shoprite, Game, MrP and Vodacom have already left places like Nigeria for similar reasons.

Devastating consequences from shoprite exit?
Didn't even know Vodacom existed in Nigeria.
How do you know their exit had to do with unfair tax imposition?

Vyzz:



Double the amount Ghanaians or they should go back to their country with their companies...


They can also be on the receiving end of their favorite xenophobic hate

South Africans are not Xenophobic, rather they are Afrophobic. They don't dislike White strangers or foreigners, they only hate and dislike their fellow Africans.

WannaHowzit:


Shoprite, Game, MrP and Vodacom have already left places like Nigeria for similar reasons.

Are you mad!
Did the skyfall when they did?
Who gives a F about shoprite when there are thousand other malls littered all over the place.
The others wey you call I've never heard of them n Nigeria

WannaHowzit:


So predictable, everytime I put on the heat 🔥🔥🔥they run to the white argument.

So listenKunta Kinte that sold your own people into slavery and are today drowning in the Mediterranean voluntarily - let me show you how our black chimp government has ensured we don't poop by the side of the road or japa in our millions ⬇️⬇️⬇️

Let me know how Nigeria compared after 60 years of independence and massive oil wealth.

And so predictable how you waive the White argument every time 😅
Mention a conglomerate that’s not owned by your white masters is SA in the level of BUA group not even Dangote.
The white argument is always valid and that’s why you downplay it every time. I know it’s sad! You guys need to admit and stop living in denial. That’s the only way you start thinking about fixing it.

WannaHowzit:


Shoprite, Game, MrP and Vodacom have already left places like Nigeria for similar reasons.

Buhari chased the other South African policies through his bad economic policies. The bad economy forced them.

By June, with a new government in place, some reforms will immediately take place. One will be to make the Naira flexible again. This will instantly bring back life to the economy.

LocalStandard1:

Nigeria no be their baba mate. Their short bearly developed President, now a convict, came right on our doorstep to beg for mercy. If we pull out they loose cos another product will just take their place. Look at how plazas and malls are springing up since ShopRite left.

That why we need the right President, so that we can go back to our glory days.

In fact the leaving of shoprite is a big blessing in disguise. See as new companies/malls are just springing up everywhere.

I'm in kaduna oooo, not to talk of places like Lagos and Abuja

leofab:
you are posting propaganda.. ANC that couldn’t uphold the mega watts passed down to them.. they have virtually destroyed that country that in another 30yrs South Africa will be counting metrics with Mozambique and Zimbabwe.. imagine these black folks can’t provide stable power and now rationing electricity.. Thank God the apartheid government dismantled their nuclear programs before anc Will containment the whole of Africa..

100% factual yarning, I was telling my SA friends same

WannaHowzit:


Shoprite, Game, MrP and Vodacom have already left places like Nigeria for similar reasons.

Of course we no miss them at all, their spaces were promptly taken
Nigeria no be Ghana

princeade86:
Smile. South Africa dey form USA of Africa

Not that. No country deserves to have their companies harassed by these exploitative African governments.

Who dey zuzu?

Almunjid:

South Africans are not Xenophobic, rather they are afrophobic. They don't dislike White strangers or foreigners, they only fear, hate and dislike their fellow Africans and African descendants.

Why can’t you get your dictionary and see the meaning of Xenophobic before you open your mouth?

Dem no born dia papa na

Lovebugs:
Dey couldn't warn Nigeria when we fined mtn some years ago

WannaHowzit:


SA is already the USA of Africa. Who else has more huge influential companies across the continent? MTN, Vodacom, Shoprite, Multichoice, etc are unrivalled by a mile and a half.

Dangote.

LocalStandard1:


Shalom my brother. Sleep on that!

The word match between the SA and the Nigeria guy is a pure knock out in favor of the SA guy. That's what we are saying, idiots in the helm of affair keep misbehaving thinking that they are doing the masses not knowing they are spitting on themselves. The SA guy supported his insults with facts but the Nigerian guy has nothing whatsoever against the SA guy. Lesson; love and develop your country, you are only a Lord in your godforsaken country while outsiders view you as stinking Monkeys, that's what all Nigerian politicians are to outsiders; Black stinking monkeys

Coldie:

South Africa and Ghana are one, they only develop power when it comes to other African nations.

Ghana left Indian, Chinese, Lebanese, European businesses and we’re targeting only Nigerian businesses some time ago, now this.
South Africans left Chinese, Lebanese, Europeans and we’re targeting only black Africans immigrants.

So let them enjoy the dividends of their Labour

That's because they unknowingly project thier self hate on other black africans..

WannaHowzit:


Where's Shoprite now? You're shopping inside a Lagos gutter full of poop. So sorry for you. I'm certain you have plans to japa to SA soon. Sorry -no visa for Nigerians 😂😂😂😂😂😂

Go kill yourself and leave a note. I'll make a thread out if it.

Who's this dummy showcasing his stupidity on Nigerian forum😕

Almunjid:

South Africans are not Xenophobic, rather they are afrophobic. They don't dislike White strangers or foreigners, they only fear, hate and dislike their fellow Africans and African descendants.

There are facts and there is speculation, you're just speculating, throwing anything at the wall to see what's sticks. Show me one African nation that accomodates a number of Africans from all walks of life like Xenophobic South Africa, i''ll wait.

Semaj77:


Fvcking rape and crime capital of Africa , I read of the number of women , children and adults alike , who get raped and killed on a daily occurrence. Mugging is second nature to their men , you can get mugged in broad daylight with people even passing by

What about your ritual killing capital of Africa? Open defecation capital of the world?

Franzinni:
what is SA without the whites? Tell me a part of SA that was built by blacks out of thier initiative that is better than any other African shitholes ? I am waiting .... Please get off your high horse

Omo I just checked it true oh
Top ten richest men In SA are all white except just two blacks

😂🤣😂🤣
As multi choice and mtn de so them no born them well to misbehave if not GLO or airtel go take over and starcom don de rival multi choice na to just take over if them misbehave

We re their biggest market
Even in SA their profit is nothing to compare when it comes to the Nigerian market

SmartPolician:


White South Africans mostly run their economy while politics and leadership are in the hands of the black South Africans.

If you leave the economy in the hands of White South Africans, they will crumble it the way black people crumbled the economy of Zimbabwe.

Another coon speak. The white obsession of Nigerians is shocking!

Almunjid:

South Africans are not Xenophobic, rather they are afrophobic. They don't dislike White strangers or foreigners, they only fear, hate and dislike their fellow Africans and African descendants.

Probably why they were caged and we Africans released them. We will help the white man cage them again. Time to go back where they belong.

South African whites should just reach out to us, the rest of Africa, especially Nigeria when they are ready to lock them up again.

Phenomena1:
Now, that we are back shopping in poop filled open-air markets what exactly has happened to us?

Am still looking for the devastating consequences. because, the so called devasting consequence you gave above can't hold water.

😁😆

Franzinni:
what is SA without the whites? Tell me a part of SA that was built by blacks out of thier initiative that is better than any other African shitholes ? I am waiting .... Please get off your high horse

South Africa was built by the sweat and blood of the black man ignoramus, all of it! and continues to do so to this day, please immerse yourself with someone's country because you open your ignorant mouth!Tthe whites you Uncle Toms kiss their a$$es daily, exploited OUR minerals to place themselves in those lofty positions, those minerals were also dug and mined by our forefathers.

tonyashburton:
Bro as your name implies you're a local champion.A buffoonish local champion at that.Give credit where it's due.You don't see South Africans or other African nationals (except from famished Sahelian countries like Niger or Chad) emigrate to Nigeria) do you?
I'm a Nigerian and while SA still has some fundamental problems,they are way ahead of us in certain other indices.

Exactly what a Biafra man would say