Nigeria’s Presco to acquire Ghanaian oil palm firm for $124.9m

“Nigeria’s oil palm company, Presco Plc, is currently in talks to acquire a 100% equity stake in the Ghanaian Oil Palm Development Company” (GOPDC).

“The acquisition is projected to amount to $124.9 million, with Presco purchasing 70,580,000 ordinary shares of GOPDC at a price of $1.77 per share”.

https://guardian.ng/business-services/nigerias-presco-to-acquire-ghanaian-oil-palm-firm-for-124-9m/

.

Obiano13:
Joe's Girlfriend

still mad about the elections ?

rvp2018:
ANC might go for cheapest option - Zuma. Whose key demand is to be out of prison and maybe to have access to zulu virgin in his Nkandla. ANC likely to strike a deal with him.

Theres a lot you don't understand when it comes to SA politics.

On surface zuma is a villain, big business rooting for ramaphosa, big business rooting for a DA/ANC coalition it was rejected by the people..... DA is CIA project nothing good will come out of it. People are waking up

Baller254:

still mad about the elections ?

Kenyans will wake up when its too late

jl115:
This was my prediction almost a 2 years ago....

How it's panning out:

ANC:42%
DA: 25%
EFF: 9%
MK:9%
PA: 3.5%
.
.
.
ActionSA 1%

Things i didn't expect then: Formation of the MK which has taken votes from the EFF and and obviously a vast chunk of ANC votes, the PA that has grown tremendously, they had a great campaign and their leader Gayton McKenzie must be applauded, they have also certainly taken a chunk of ASA votes and DA colored votes .....ASA being a fart in the wind, there campaigning for these elections as been non existent, in fighting has also greatly damaged the party.

Things that are surprising me:
DA @ 25% although i predicted this then the actual PR of the DA is brain dead and personally i thought they wouldn't get more than 22%

MK taking 3rd spot, I knew Zuma was popular but dammmm....

EFF I honestly thought would've done better, not by much but better, they have certainly been hurt by the MK

ANC:40%
DA: 21%
EFF: 9%
MK: 14%
PA: 2.%
IFP: 3.8%
VF plus:1%
ACTIONSA: 1%


ONLY WINNER here is MK of zuma.. DA has reached the glass ceiling, its only going down from here a lot of truths coming out.

If MK was not there PA would have been around 7%along with ACTIONSA, DA will never grow in SA

AfriqueDuZuid:


Kenyans will wake up when its too late

To be honest, I don’t think Ruto has been that disappointing. He’s been able to relatively stabilise the economy in the last 3 months.

AfriqueDuZuid:


ANC:40%
DA: 21%
EFF: 9%
MK: 14%
PA: 2.%
IFP: 3.8%
VF plus:1%
ACTIONSA: 1%


ONLY WINNER here is MK of zuma.. DA has reached the glass ceiling, its only going down from here a lot of truths coming out.

If MK was not there PA would have been around 7%along with ACTIONSA, DA will never grow in SA

Isn’t DA the pro western party?

GeneralDae:

Isn’t DA the pro western party?

It is.... Pro west is all about keeping the status quo... Ceretis paribus

Party condoning israel actions in palestine,

GeneralDae:

To be honest, I don’t think Ruto has been that disappointing. He’s been able to relatively stabilise the economy in the last 3 months.

You will see the true face of him, because the afford him loans and all... Give your self time to learn about it all... Eventually you'll come to a realisation

AskiaHarem:
Nigeria’s Presco to acquire Ghanaian oil palm firm for $124.9m

“Nigeria’s oil palm company, Presco Plc, is currently in talks to acquire a 100% equity stake in the Ghanaian Oil Palm Development Company” (GOPDC).

“The acquisition is projected to amount to $124.9 million, with Presco purchasing 70,580,000 ordinary shares of GOPDC at a price of $1.77 per share”.

https://guardian.ng/business-services/nigerias-presco-to-acquire-ghanaian-oil-palm-firm-for-124-9m/

that is a welcome development.presco is not actually doing well in the market, hopefully Nigerians management can utilize their skills to return them into profitable venture.

Kings oil in Ghana with a subsidiary in Nigeria is one of the biggest palm oil production in Africa ( and among the top five in the world) kings oil from Ghana are even available in Nigeria market, at times they just produce just so many for Ghana market , so they offload it to Asia or some part of Africa.

rvp2018:
ANC might go for cheapest option - Zuma. Whose key demand is to be out of prison and maybe to have access to zulu virgin in his Nkandla. ANC likely to strike a deal with him.

Zuma is hated by big business, he made BRICS important, they don't want that.

You don't know politics by the way you think.... The big invicible hand that removes presidents, gadaffi, sankara, chris hani.....

Ramaphosa does not serve the black south african agenda that's why big business love him Ramaphosa like Ruto but one day you'll see through it

vaxx:
that is a welcome development.presco is not actually doing well in the market, hopefully Nigerians management can utilize their skills to return them into profitable venture.

Kings oil in Ghana with a subsidiary in Nigeria is one of the biggest palm oil production in Africa ( and among the top five in the world) kings oil from Ghana are even available in Nigeria market, at times they just produce just so many for Ghana market , so they offload it to Asia or some part of Africa.

I can’t find this King’s oil Ghana. The closest I found is Devon kings oil refined locally in Nigeria and no mention of Ghana. Can you give me a link please?

AfriqueDuZuid:


ANC:40%
DA: 21%
EFF: 9%
MK: 14%
PA: 2.%
IFP: 3.8%
VF plus:1%
ACTIONSA: 1%


ONLY WINNER here is MK of zuma.. DA has reached the glass ceiling, its only going down from here a lot of truths coming out.

If MK was not there PA would have been around 7% along with ACTIONSA, DA will never grow in SA

The PA and MK have fundamental differences the PA is centre right leaning and the MK is 100% left leaning.....your statement doesn't make sense in this regard, why would people that voted MK have voted PA, when these parties share nothing in common?

As for the DA, it all boils down to the next 5 years, they could potentially grow a lot if they gain more control with the new GNU the ANC is suggesting and they preform well, They have also made good compromises that could mean a solid and stable ANC DA cooperation. The EFF agreement stated it will not form part of a GNU if the DA and FF is involved and the MK won't work with the ANC unless Ramaphosa steps down, this might be either a masterstroke or a death sentence to the MK EFF since that will leave a DA ANC option only and if the DA and ANC can turn SA around nobody is going to vote for those parties again.

[url]https://africa.businessinsider.com/local/markets/nigerian-tycoon-benedict-peters-to-begin-zimbabwe-lithium-production-in-2025/w9wd50v#:~:text=Nigerian%20tycoon%20Benedict%20Peters%20to%20begin%20Zimbabwe%20lithium%20production%20in%202025,-Adekunle%20Agbetiloye&text=Bravura%20Holdings%20Ltd.%2C%20owned%20by,according%20to%20a%20company%20official. [/url]

Bravura Holdings Ltd., owned by Nigerian tycoon Benedict Peters, will start production at a Zimbabwean lithium project next year
Despite the weak price of lithium, the company is committed to commissioning the Kamativi lithium tailings project in 2025
Africa has some of the world’s largest lithium reserves in countries like Zimbabwe, Namibia, Ghana, the Democratic Republic of Congo, and Mali

GeneralDae:

I can’t find this King’s oil Ghana. The closest I found is Devon kings oil refined locally in Nigeria and no mention of Ghana. Can you give me a link please?

lol, personal issues, I even sent them an email as at yesterday, it is a mini city on its own. It has is own estates ,villages, farms, hotels and many expertrate close to about 1000


Just goggle kings oil Ghana and it's location, you shouldn't be stressed out to find it on the Internet. And also checked for their volume of production. I think in the whole of Africa, only Nigeria can claim to have more palm oil output than Ghana.

Another palm oil company in Ghana that are into blu band and frytol.

Next time when buying blue band, check the country producing it.


https://www.youtube.com/watch?v=cZ0y2sdehVA?si=Vd6FcmzMRezQ03ZC

vaxx:
Another palm oil company in Ghana that are into blu band and frytol.

Next time when buying blue band, check the country producing it.


https://www.youtube.com/watch?v=cZ0y2sdehVA?si=Vd6FcmzMRezQ03ZC

Ignorance of a low IQ Ghanaian that thinks everything is competition.
Nobody in ghana have heard about the so called "kings" oil.

POKUASI2:

Ignorance of a low IQ Ghanaian that thinks everything is competition.

charleh.

Kumasi how I laughed till Accra ma eyes out.
I am going to Tema peeps to come Cedis.

[quote author=99thEnemy post=130398804]
charleh.

Kumasi how I laughed till Accra ma eyes out.
I am going to Tema peeps to come Cedis. [/quote

Classical case of ants seeing lions when they look in the mirror

Baller254:

still mad about the elections ?

Its not always about elections son/daughter. I'm concerned by Ruto's buttlicking of Joe. What business does Kenya have with Haiti? We haven't even fixed Somalia for fcks sake! The greed of this man has no bounds. He's blinded by that $$ from the Americans (he thinks they're freebies) to turn innocent Kenyans into Barbecue's shooting targets. Ofcourse thats not the only thing Im concerned about its just the major worry for me considering innocent Haitians themselves dont want Kenyans there AT ALL. The only Haitians who want an intervention are the few oligarchs who have dominated the poor masses since time immemorial. Did you see the demos in the US by average Haitians when Ruto was there? Never thought in my wildest dreams Ruto would suck D in the WH. That dude probably had a quickie with Joe. FUnny thing, there's no chance that Kenyan police will achieve anything in Haiti. The revolution in Haiti will only end with the majority winning it, and the majority are the hoi Polloi led by Barbecue and co. Ruto better be prepared to receive body bags after body bags at JKIA's special wing.

jl115:

The PA and MK have fundamental differences the PA is centre right leaning and the MK is 100% left leaning.....your statement doesn't make sense in this regard, why would people that voted MK have voted PA, when these parties share nothing in common?

As for the DA, it all boils down to the next 5 years, they could potentially grow a lot if they gain more control with the new GNU the ANC is suggesting and they preform well, They have also made good compromises that could mean a solid and stable ANC DA cooperation. The EFF agreement stated it will not form part of a GNU if the DA and FF is involved and the MK won't work with the ANC unless Ramaphosa steps down, this might be either a masterstroke or a death sentence to the MK EFF since that will leave a DA ANC option only and if the DA and ANC can turn SA around nobody is going to vote for those parties again.

If ANC goes into bed with the DA it will be the end of ANC... Those that are in will view it as betrayal to past leaders

Reality is no one wants ANC/DA except for the big business that's funding them, voters do not want it..... Ramaphosa is not liked even by people in the ANC

Big business /Wants to have invicible hand/Big brother to watch over the country by using the DA because the afraid SA may grow by aligning with BRICS

jl115:

The PA and MK have fundamental differences the PA is centre right leaning and the MK is 100% left leaning.....your statement doesn't make sense in this regard, why would people that voted MK have voted PA, when these parties share nothing in common?

As for the DA, it all boils down to the next 5 years, they could potentially grow a lot if they gain more control with the new GNU the ANC is suggesting and they preform well, They have also made good compromises that could mean a solid and stable ANC DA cooperation. The EFF agreement stated it will not form part of a GNU if the DA and FF is involved and the MK won't work with the ANC unless Ramaphosa steps down, this might be either a masterstroke or a death sentence to the MK EFF since that will leave a DA ANC option only and if the DA and ANC can turn SA around nobody is going to vote for those parties again.

Seems like people speak on how bad nationist ideology is bad by quoting Venezuela as as example

However apartheid South Africa enriched the country with the same using state owned companies right? But now the same guys are saying privatisation because they don't benefit from them

China is biggest economy and one of fastest growing yet it has successful state companies just like apartheid government

jl115:

The PA and MK have fundamental differences the PA is centre right leaning and the MK is 100% left leaning.....your statement doesn't make sense in this regard, why would people that voted MK have voted PA, when these parties share nothing in common?

As for the DA, it all boils down to the next 5 years, they could potentially grow a lot if they gain more control with the new GNU the ANC is suggesting and they preform well, They have also made good compromises that could mean a solid and stable ANC DA cooperation. The EFF agreement stated it will not form part of a GNU if the DA and FF is involved and the MK won't work with the ANC unless Ramaphosa steps down, this might be either a masterstroke or a death sentence to the MK EFF since that will leave a DA ANC option only and if the DA and ANC can turn SA around nobody is going to vote for those parties again.

Again its not GNU if leading party did not get more than 51% just a marriage of convinience

MK might find itself as main opposition in 2029 provided zuma is still there, people love the guy this is not a zulu nationalist thing that media is trying to make it to be.

AfriqueDuZuid:


Seems like people speak on how bad nationist ideology is bad by quoting Venezuela as as example

However apartheid South Africa enriched the country with the same using state owned companies right? But now the same guys are saying privatisation because they don't benefit from them

China is biggest economy and one of fastest growing yet it has successful state companies just like apartheid government

Which party do you support? I always felt like the ANC has outlived its usefulness and now needs to be overhauled. The problem with independence parties in Africa is that they tend to wither into relics of corruption and impoverishment. In my view no independence party should last beyond 15 years. After that the narrative has completely changed and anything the party does is to suit personal interests by using old grievances of colonialism/imperialism without actually addressing current concerns or even planning for future challenges. I dont know too much about SA politics but I obviously have heard about the electricity issues and the widening economic inequality, which ofcourse has happened under ANC's watchful eye. Reminds me of Kenya's KANU, a party that ruled for 40 years and for all that time did nearly nothing to improve the lives of ordinary Kenyans beyond doing the bare minimum to sustain a functioning state.

vaxx:
lol, personal issues, I even sent them an email as at yesterday, it is a mini city on its own. It has is own estates ,villages, farms, hotels and many expertrate close to about 1000


Just goggle kings oil Ghana and its location, you shouldn't be stressed out to find it on the Internet. And also checked for their volume of production. I think in the whole of Africa, only Nigeria can claim to have more palm oil output than Ghana.

I have googled it exactly as you suggested and I can’t find it. The closest I found are in India and Nigeria. If they are so big, it shouldn’t be this hard. Give me a link.

Obiano13:


Which party do you support? I always felt like the ANC has outlived its usefulness and now needs to be overhauled. The problem with independence parties in Africa is that they tend to wither into relics of corruption and impoverishment. In my view no independence party should last beyond 15 years. After that the narrative has completely changed and anything the party does is to suit personal interests by using old grievances of colonialism/imperialism without actually addressing current concerns or even planning for future challenges. I dont know too much about SA politics but I obviously have heard about the electricity issues and the widening economic inequality, which ofcourse has happened under ANC's watchful eye. Reminds me of Kenya's KANU, a party that ruled for 40 years and for all that time did nearly nothing to improve the lives of ordinary Kenyans beyond doing the bare minimum to sustain a functioning state.

You should remember independence was handed over, so you think the colonizer will just leave these countries without having an invincible hand.

If you don't comply with them they will make you a villain because they also own the media in most countries by fronting.

If you start doing well for your people they deal with you! The is nothing wrong with liberation movements

Obiano13:


Which party do you support? I always felt like the ANC has outlived its usefulness and now needs to be overhauled. The problem with independence parties in Africa is that they tend to wither into relics of corruption and impoverishment. In my view no independence party should last beyond 15 years. After that the narrative has completely changed and anything the party does is to suit personal interests by using old grievances of colonialism/imperialism without actually addressing current concerns or even planning for future challenges. I dont know too much about SA politics but I obviously have heard about the electricity issues and the widening economic inequality, which ofcourse has happened under ANC's watchful eye. Reminds me of Kenya's KANU, a party that ruled for 40 years and for all that time did nearly nothing to improve the lives of ordinary Kenyans beyond doing the bare minimum to sustain a functioning state.

The electricity issue was done on purpose as ESKOM is a massive company and big business does not have a stake, they want a share in it

So they come with green initiatives, "oh we need to decommission coal plants" and allow private entities... The white elite in SA are all connected to the west, CIA, FBI, WEF, WHO, etc

Its now 3rd month without loadshedding

Obiano13:


Which party do you support? I always felt like the ANC has outlived its usefulness and now needs to be overhauled. The problem with independence parties in Africa is that they tend to wither into relics of corruption and impoverishment. In my view no independence party should last beyond 15 years. After that the narrative has completely changed and anything the party does is to suit personal interests by using old grievances of colonialism/imperialism without actually addressing current concerns or even planning for future challenges. I dont know too much about SA politics but I obviously have heard about the electricity issues and the widening economic inequality, which ofcourse has happened under ANC's watchful eye. Reminds me of Kenya's KANU, a party that ruled for 40 years and for all that time did nearly nothing to improve the lives of ordinary Kenyans beyond doing the bare minimum to sustain a functioning state.

The ANC did a lot especially for the poor

Inequality - there is no equal society, most countries western countries are in the same bracket as SA eg USA, brzil, Canada..... And main difference is in SA even if you are poor you can still survive and have a roof over your head, through state housing, free Healthcare, free education till your first degree,

In US you can't.... If your poor you are poor

99thEnemy:

charleh.

Kumasi how I laughed till Accra ma eyes out.
I am going to Tema peeps to come Cedis

guy.... U took me out.😂

Kumasi (a city in Ghana), loosely translated to "come and See".

Accra (capital of Ghana), loosely translated to "I cry".

Tema (a city in Ghana), loosely translated to "tell my"

Cedis (currency of Ghana), loosely translated to "see this".

U no well, baba.😂😂

theenchanter:
guy.... U took me out.😂

Kumasi (a city in Ghana), loosely translated to "come and See".

Accra (capital of Ghana), loosely translated to "I cry".

Tema (a city in Ghana), loosely translated to "tell my"

Cedis (currency of Ghana), loosely translated to "see this".

U no well, baba.😂😂

Life is too short to be always too serious. 😂

Nonsense. Unless you have counter proposal to US/UN backed plan - we aint listening. Kenya together with Uganda went to Somalia when everyone thought it wasnt mission impossible. Now Somalia has turned around and recently joined EAC.

Haiti gangs are not match to elite Kenya police units like Recce Squad. And soon you'll know that.

Obiano13:


Its not always about elections son/daughter. I'm concerned by Ruto's buttlicking of Joe. What business does Kenya have with Haiti? We haven't even fixed Somalia for fcks sake! The greed of this man has no bounds. He's blinded by that $$ from the Americans (he thinks they're freebies) to turn innocent Kenyans into Barbecue's shooting targets. Ofcourse thats not the only thing Im concerned about its just the major worry for me considering innocent Haitians themselves dont want Kenyans there AT ALL. The only Haitians who want an intervention are the few oligarchs who have dominated the poor masses since time immemorial. Did you see the demos in the US by average Haitians when Ruto was there? Never thought in my wildest dreams Ruto would suck D in the WH. That dude probably had a quickie with Joe. FUnny thing, there's no chance that Kenyan police will achieve anything in Haiti. The revolution in Haiti will only end with the majority winning it, and the majority are the hoi Polloi led by Barbecue and co. Ruto better be prepared to receive body bags after body bags at JKIA's special wing.