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Re: Who Has The Strongest Military In Africa? by Nobody: 10:32am On Jan 09, 2015 |
kgr28:I was even expecting Telecom companies, banks, airliners etc, you came up with this rubbish.. Guy, just free us abeg 1 Like |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 10:43am On Jan 09, 2015 |
iterator24: Hahahahahaha! what are your successfull blacks doing to improve nigeria?? South African products you cant change the facts.. employing nigerians...fact. |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 10:49am On Jan 09, 2015 |
iterator24: you wanted black companies on Jse, now you want me to give you snake's feet. I wanted you to give nigerian companies that invested in other countries you couldnt. And yet you gave me your bootleg companies..and gave me dangote your nigerian Oga/god! Please nigga, I said lets leave this, and let the guys continue with their military topic. |
Re: Who Has The Strongest Military In Africa? by Nobody: 10:50am On Jan 09, 2015 |
kgr28:they made it Africa's leading economy .... what has your BEE done for you theives 1 Like |
Re: Who Has The Strongest Military In Africa? by Nobody: 10:52am On Jan 09, 2015 |
kgr28:lets leave what? you want to run away like your other lost cause compatriots .. BEE theives ..all the companies I gave you have invested on the continent and abroad.... don't provide us alien washed up companies dummy 1 Like |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 10:59am On Jan 09, 2015 |
iterator24: Leading economy kikikikikikikikikiki, Balancing accounting numbers did not change the status quo! things are still worse than Somalia.. did it change your gdp per capita, stardard of living or are you still broke like before. Any way you are number one I agree but hold that position/umbrella for the rightfull owner...just so you could have something to brag about, Gdp numbers and Dangote.. |
Re: Who Has The Strongest Military In Africa? by ChukwuCantDie: 11:12am On Jan 09, 2015 |
kgr28:You fool, why are boasting of some insignificant investment companies and tiny mines, Wesizwe isn't even black owned anymore it's owned by the Chinese now. You Zulus and Xhosas don't own one airline, you don't own one supermarket, you don't own one major oil or gas company, you dont own one car maker, you don't own one fast food chain, you don't own one major farm, you don't own one major business, you have no one like Dangote, Innocent Chukwuma, Mike Adenuga etc.. you people are pathetic mugus, you Southie monkeys are the biggest disgrace to Africa the world has ever known. 2 Likes |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 11:12am On Jan 09, 2015 |
iterator24: Ok lets do this and see were it will get us... Do you know what BEE is? or are you talking stinging bee. Black Economic Empowerment Black Economic Empowerment (BEE ) is a programme launched by the South African government to redress the inequalities of Apartheid by giving certain previously disadvantaged groups (Blacks, Coloureds, Indians, and Chinese who arrived before 1994 )of South African citizens economic privileges previously not available to them. It includes measures such as Employment Preference , skills development, ownership, management, socioeconomic development, and preferential procurement. you see Blacks, Indians,Chinese and Colourds, NOT black people only dumb nigga. Name 5 countries in africa and abroad that have investments from the companies you mentioned.. |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 11:26am On Jan 09, 2015 |
ChukwuCantDie: Jesus Christ whats with the outburts!! Those compainies are insignificant to WHO? and who owns those companies you mentioned?? There you go again dangote again... Dont use SAcan slangs, you arent SAcan. Now answer the question. |
Re: Who Has The Strongest Military In Africa? by Nobody: 11:33am On Jan 09, 2015 |
kgr28:you have Google use it... I don't answer to thieves 1 Like |
Re: Who Has The Strongest Military In Africa? by Nobody: 11:34am On Jan 09, 2015 |
kgr28:yes.. the leading economy... its painful eh 1 Like |
Re: Who Has The Strongest Military In Africa? by ChukwuCantDie: 11:34am On Jan 09, 2015 |
kgr28:What is SAcan slangs? All those companies you named are small time, stup1d zulu. 1 Like |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 11:36am On Jan 09, 2015 |
iterator24: Nah its NOT... at least you have something to brag about. |
Re: Who Has The Strongest Military In Africa? by Nobody: 11:38am On Jan 09, 2015 |
kgr28:what do you have to brag about? BEE? Hahahahaa 1 Like |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 11:39am On Jan 09, 2015 |
ChukwuCantDie: Who owns them??, is Kumba Iron Ore and Gijima small?? stop drinking your own piss. |
Re: Who Has The Strongest Military In Africa? by Nobody: 11:41am On Jan 09, 2015 |
kgr28:companies you use to boast amongst your Soweto people... yay! we have companies ....lol thieves 2 Likes |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 11:42am On Jan 09, 2015 |
iterator24: Did BEE pain you or are you trying to mock me??. Am proud the white SAcans are exploiting your black-azzes in nigeria. |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 11:43am On Jan 09, 2015 |
iterator24: ?? write english |
Re: Who Has The Strongest Military In Africa? by Nobody: 11:44am On Jan 09, 2015 |
kgr28:dummy explain exploitation? mtn has a Nigerian competitior, dstv has a Nigerian competitor etc.. define exploitation again? please 1 Like |
Re: Who Has The Strongest Military In Africa? by Nobody: 11:46am On Jan 09, 2015 |
kgr28:two Nigerian owned banks en.m.wikipedia.org/wiki/First_Bank_of_Nigeria en.m.wikipedia.org/wiki/Zenith_Bank with representative offices in SA .. show us such establishments by your Soweto brothers not hand me down companies 3 Likes 1 Share |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 11:55am On Jan 09, 2015 |
iterator24: There is none!! |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 11:58am On Jan 09, 2015 |
iterator24:two banks?? and what else? Hahahahahahahahahahaha! Give me addresses I want to see them pernosally. |
Re: Who Has The Strongest Military In Africa? by Nobody: 12:03pm On Jan 09, 2015 |
kgr28:no, not two banks.... those banks have investments abroad even guarantee trust bank and many more banks in Nigeria www.nigeria-law.org/BanksInNigeria.htm. your Soweto brothers have none.. all your banks are provided by apartheid government. fact! 2 Likes |
Re: Who Has The Strongest Military In Africa? by Nobody: 12:05pm On Jan 09, 2015 |
kgr28:you have failed! go and die!.. we freed you from aparthied, we even gave you a forum to comment on [one of the world's largest]... hahahaha 2 Likes |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 12:07pm On Jan 09, 2015 |
iterator24: Those compitators are local champs they have shyt on Dstv and mtn..Mtn and dstv global players.. Consult Oxford dictionary. Again find time to read this. Nigeria vs. South Africa: How South African companies enjoy the best of both worlds font size Print 06.May.2014 | DISQUS_COMMENTS | Paul Omorogbe The recent rebasing of Nigeria’s economy, making it the largest economy in Africa has attracted a lot of hue and cry. While the critiquing continues, South African companies have been riding the waves of the two top economies in Africa and they have been smiling to the bank (actually one of them is a bank!). How can Nigerian companies do same? PAUL OMOROGBE reports: For the first time in a long while, it was good news that made the headlines of Monday’s newspapers in Nigeria. “Nigeria now Africa’s largest economy” was the common headline of almost all the national dailies. The size of Nigeria’s economy expanded by more than three- quarters to an estimated N80 trillion ($488 billion) for 2013, Yemi Kale, head of the National Bureau of Statistics, said at a news conference to release the data in Abuja. According to calculations based on the new data, Nigeria’s economy grew at 12.7 per cent between 2012 and 2013. The NBS recalculated the value of the GDP based on production patterns in 2010, increasing the number of industries it measured to 46 from 33 and giving greater weighting to sectors such as telecommunications and financial services. The oil and gas sector contributed 14 percent of GDP under the new set of data, compared with 32 percent under the old. The criticisms Economists have criticised the recalculation exercise for its lateness; some said it changes nothing while others hailed it for giving a true picture of the state of the economy. Politicians, social critics, public commentators have also added their voices to the discourse since the news broke. In an interview with the Nigerian Tribune, Dr Ayo Teriba of Economic Associates, interpreted the outcome of the rebasing to mean that the level of output of the Nigerian economy had been underestimated. “The rebasing has been able to capture some aspects of the economy that were previously unrecorded,” Dr Teriba pointed out. A financial analyst, Bismarck Rewane, called the revisions “a vanity”. He added that “The Nigerian population is not better off tomorrow because of that announcement. It doesn’t put more money in the bank, more food in their stomach. It changes nothing.” But while much talk and debate continues till date, it is interesting to note that a set of people have since been working leaving much of the populace talking. The Incursion The South Africans have made a successful incursion into the Nigerian economy even at a time Nigerians themselves have either failed to realise or lacked what it took to take up the opportunities in the nation’s emerging economy. While the focus has been on oil, in certain sectors of the economy seen not to be lucrative the South Africans made their entry, and today they stand out. An investigation by Nigerian Tribune was quite revealing. In telecommunications, MTN is undoubtedly a major player. Commanding about 47 per cent of the market share according to a report, while the trio of Airtel, Glo and Etisalat share the rest 53 per cent, MTN seems to be the clear leader. MTN Group, formerly M-Cell, is a South Africa-based multinational mobile telecommunications company, operating in many African, European and Middle Eastern countries. On its entry, MTN nominated Mr Pascal Dozie (of Diamond Bank) as its own chair of its Nigerian operations to tap into local expertise and secure backing. In banking, there is Stanbic IBTC. Stanbic IBTC Holdings is a member of Standard Bank Group. Standard Bank Group merged its Nigerian operations, Stanbic Bank Nigeria with that of IBTC Chartered Bank PLC in 2007 to create Stanbic IBTC Bank PLC. The merger was executed by way of the first ever tender offer in Nigeria and a $525 million FDI, the largest in Nigerian financial history. The bank, now known as Standard Bank, was formed in 1962 as a South African subsidiary of the British overseas bank, Standard Bank, under the name Standard Bank of South Africa. In 1969, the Standard Bank Investment Corporation (now Standard Bank Group) was established as the holding company of the South African bank. During the 1970s and 1980s, Standard Chartered gradually reduced its shareholding, and sold its remaining 39 per cent stake in Standard Bank Group in 1987, transferring complete ownership of the holding company to South African investors. The retail market business in Nigeria has not remained the same since Shoprite stepped in. It literarily redefined what supermarket meant to many Nigerians. The Shoprite Group of companies started from South Africa in 1979 with the purchase of a chain of eight supermarkets in Cape Town for 1 million Rand. The next 30 years were marked by various acquisitions and innovative expansion strategies that brought it to the multi billion dollar business that Shoprite is today. The company opened its first Nigerian store on Victoria Island in Lagos. There are about seven branches in Nigeria today, and many more are set to open. DSTV is undoubtedly the king of entertainment and broadcasting today. Constantly adapting in terms of content and technology, this South African company has edged out any rival and till date no other Nigerian company comes near in terms of digital satellite TV services. Whither Nigerian entrepreneurs Ajaero Tony Martins, on his blog, MyTopBusinessideas.com listed challenges in doing business which Nigerians are quite familiar with. Lack of infrastructure, inadequate security, inconsistent government policies, inability to access funds, lack of governmental support are some of the challenges listed. He, however, noted that “Nigeria is a country blessed with human, mineral and natural resources. When it comes to starting a business in Nigeria, the potential is so great that any investor or entrepreneur will be tempted to jump in with both feet without first testing the waters. “A reasonable proof that Nigeria holds huge potential for entrepreneurs and investors is the fact that we have an abundance of successful entrepreneurs who started from scratch and built massive business empires without leaving the shores of Nigeria. “I am talking about successful entrepreneurs and Nigerian billionaires such as Aliko Dangote, Cletus Ibeto, Femi Otedola, Orji Uzor Kalu, and so on. The fact that Nigeria once produced the richest black man in the world further proves that there is money to be made in Nigeria; if only you understand her business terrain.” So the question is, why have South African companies dominated in sectors Nigerian companies have not? How come they can leave their home shores and make it big in a foreign land? Dr Austin Nweze of the Pan Atlantic University (Lagos Business School), when speaking with Nigerian Tribune on the subject, started by saying that South Africa, after the Apartheid regime, opened its gates to the rest of the world to formally do business with the country. He explained that the government of South Africa did some marketing on behalf of its indigenous businesses and these businesses began to branch out across Africa. He mentioned Promasidor, makers of the popular Cowbell brand of milk, as one of the early arrivals in Nigeria led by a South African entrepreneur, Robert Rose. “Don’t forget that Nigerians are the ones who bring in these businesses,” he added. “Pascal Dozie was the one who brought in MTN. They were looking into Nigeria and Foluso Phillips’ consulting firm did the preliminary studies for the company. “It was the efforts of Robert Rose and the huge success of MTN that gave other South African companies the courage to come into Nigeria and realise that there was a huge opportunity in Nigeria, because the five or 10 year projection that MTN did they were able to accomplish in one year. Nigeria became the major source of profit and revenue for the global operations of MTN.” The problems Identifying reasons why Nigerians have not made similar success like the South Africans, Mark Essien, an IT entrepreneur, put it succinctly, saying “Lots of our businesses don’t have the technical know-how or the financial capital to do so.” Furthermore, “If you look at it on the general societal level, I think there is a habit of ‘short term thinking’ in Nigeria. I think it is from our past. We are people who have been through a lot of changes in government, and things just happened randomly. Whatever you plan in one year somebody could come and decree it out of existence. So on a societal level, we have only been able to think on a short term. “But to be able to create a successful and large business you ne |
Re: Who Has The Strongest Military In Africa? by ChukwuCantDie: 12:08pm On Jan 09, 2015 |
kgr28:Kumba Iron Ore is white owned you stup1d monkey. Shareholders of Kumba Iron Ore are: Anglo American plc (63.4%), Industrial Development Corporation of South Africa Ltd (13.1%), Minority shareholders (23.5%) http://en.wikipedia.org/wiki/Kumba_Iron_Ore Gijma is black owned but also white run - http://www.gijima.com/general/about-gijimaast/board-directors ..You stup1d monkeys cant do anything by yourselves. Try again mugu mumu mugu mumuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu 1 Like |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 12:12pm On Jan 09, 2015 |
iterator24: Kikikikikikikikiki, now we are going back and forth, its apartheid now ?? we can also talk about shoes mos. NL is a local forum. am done with you, Fotsek. |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 12:18pm On Jan 09, 2015 |
ChukwuCantDie: Does it say white IDE is a black government institution and that minority is BEE consortium.. what were you saying again. I mean those nigerian compines have shareholders too, who knows who owns them it could be whites in europe,SA and Amerika. Nedbank aslo owns Eco-bank, what were you saying again.. Check your outbursts, heart-attch. |
Re: Who Has The Strongest Military In Africa? by agaugust: 12:18pm On Jan 09, 2015 |
kgr28: NNPC Nigeria owns majority and controlling shares in our oil and gas. We have nationalized BP into AP, then into Oando owned by Nigerians. Our own independence and freedom is a complete package, on paper, in reality on ground, in politics, in finance and economy. The richest Africa and one of the richest men in the world is a Nigerian black man, we own our wealth, we rule our economy. South African blacks did not get that full freedom and they NEVER will. CONOIL and other 100% Nigerian owned and managed oil companies, created by Nigerians from scratch, control large oil production fields. Globacom is a a world player, 100% Nigerian creation, rules telecoms in Ghana, and expanding to other African countries. Dangote group of companies is 100% Nigerian and it is swallowing up South African economy slowly but steadily. 100% black created, owned, and managed Nigeria companies are many, and with big business branches all over Africa. Southie companies are just hand me down from your apartheid Boer white masters, Nigerian forced them to give it to you and save you from hunger, poverty, humiliation, and dehumanization, now you come here to open your basket mouth and boast, ingrates ! . 4 Likes |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 12:21pm On Jan 09, 2015 |
agaugust: You am not going to entertain.. there are people who will handle you. |
Re: Who Has The Strongest Military In Africa? by Nobody: 12:21pm On Jan 09, 2015 |
kgr28:yes let them enjoy it, we have a lovely investment policy, we don't steal equities by force like you black mofos.. ur apartied bank bought shares in a Nigerian owned bank just to have presence.. show us achievements of your Soweto companies ..oh wait..... they're not even worth it! |
Re: Who Has The Strongest Military In Africa? by kgr28(m): 12:31pm On Jan 09, 2015 |
iterator24: Who stole equities,There is no corporate espionage here... Shares are bought and sold on JSE.. Nigerian owned?? Banks are owned by individuals and firms, SA bank is one of them... THERE ARE NO SOWETO,SANDTON OR CAPE TOWN companies, SOUTH AFRICAN COMPANIES... |
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