Just30:
Vaax is quoting you a figure based on 2016 estimate

forgiveness:


almost 300 naira and you said your minimum wages is 60 dollars.

While a bottle of 35cl Coca Cola in Nigeria is 70 naira, if we consider the minimum wages of 59 dollars in Nigeria, who do you think dey live better life?

Your economy dey ....

Soon minimum wages go increase to about 200 dollars for naija.

genieluv:


Oh I like Kansime. She is funny .
Many Nigerians think she is Kenyan. Actually, most Nigerians may not be able to tell East africans apart, except the horners.
I also think or see Kenyans n Ugandans to have the same or similar accents.

Just30:
Vaax is quoting you a figure based on 2016 estimate

mtis:

i know...1 $ =0.2 cedi .crazy eh....whats the reason for being strong

freshest4live:

Apart from oil the Telecommunication sector is huge in Nigeria, same with Agriculture and Banking. Lagos state has no oil, yet it is higher in GDP than Kenya alone.
There are other aspects such as the fashion industry( Germans too are now beginning to love and patronize it). Lagos is Africa's economic and business hub, All of these have little or nothing to do with oil. Note that shamefully Nigeria also imports refined crude. Oil is not everything in Nigeria. You can't compare your Agriculture and Telecommunication, or Entertainment to ours. Nigeria alongside Kenya and Southafrica dominate the ICT sector in Africa, and there are so many entrepreneurs in Nigeria. We have one of the highest number of women entrepreneurs as well, if not the highest.
Forget it, oil or no oil you can't compare Kenya to Nigeria. Angola has oil afterall.

vaxx:
revenue in tourism

genieluv:



Oooh myyy! Nooo!
~~I have once seen a report where a black foreigner claimed that the number n influence of Indians n whites in Nairobi,Kenya is too much for a typical black african country buh i never thot it was that much~~.

TayserMahiri, muafrika2, PissedYagami, MtuMsuper
Is this really true?
I'm sorry if i sound so much of a critic or racist, i am not against foreigners in any way. I love em buh i don't like the idea of foreigners dominating or having so much influence in African cities. Nuuh i don't. Why should they?

MPSA:


To be honest my brother, They are playing with your mind, you aren't the GIANT Brother, don't allow them to play with your mind again , you are too far to be a GIANT, You must work harder and harder if you want to be a GIANT, No short cut This is the biggest joke ever playing with the minds of millions and millions of people is a real joke But I like this MPSA is also a Giant

freshest4live:

What is the GDP per capita for Ghana nominal not PPP. My gosh, l can't believe l'm this patient Lol.

uzzyfire:
wat else do u want me to say, wen u guys disagree with every single thing . even d fact that is known worldwide .

Nowenuse:


Yes genie, that guy is very very correct. The influence and economic domination of Indians and whites in Kenya is unprecedented. It's almost as if the colonial masters never left Kenya.
If you doubt me, pls check out the 3 richest people in Kenya and see that they are all Indians. Seriously, it's so sad

I sometimes tune in to Maisha magic east (the Kenyan movie channel of Africa magic on DStv) to check out Kenyans. I came across one of their movie series featuring a rich, young, arrogant and loud Indian lady and she had black Kenyans as her house servants who she was always yelling at in the movie. Now, don't you think such a movie would have been produced by an Indian?
I find that to be very insulting to Black Africans. I mean, would you ever watch a movie produced in India featuring a black or even white person with Indian house servants? It annoyed and pissed me off a lot.

I tell you, the day i saw that Indians were the 3 richest Kenyans, i stopped taking Black Kenyans seriously.

TayserMahiri:
More random

PissedYagami:

And a very high gdp, even Sudan is up there somewhere. Compare that to non oil economies and see. Oil boosts other sectors of the economy mate. Directly or indirectlt. ANd Lagos has a high GDP because it is the economic capital of Nigeria. That is a simple explanation

iblawi:
GDP of Ghana

And

GDP of Nigeria respectively

vaxx:
from the same web link tradiing economics. these is what it .says about nigeria ppp.THE GDP BASED ON PURCHASING POWER PARITY (PPP) PER CAPITA GDP IN NIGERIA WAS REPORTED AT 2249.04 U.S. DOLLARS IN 2009, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF). IN 2015, NIGERIA'S GDP BASED ON PURCHASING POWER PARITY (PPP) PER CAPITA GDP IS EXPECTED TO BE 3088.39 U.S. DOLLARS. IN 2009, NIGERIA'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY,WAS 0.48 PERCENT. IN 2015, NIGERIA'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 0.53 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICALDATA AND FORECAST FOR NIGERIA'S GDP BASED ON PURCHASING POWER PARITY (PPP) PER CAPITA GDP.

freshest4live:

Before oil in Nigeria we were also doing well, not just in Africa but even amongst world economies we were advancing rapidly. So that alone proves you wrong. Population plays a major role not oil. Like l told you we also import refined crude products.

NairobiWalker:


The Cedi was a very weak currency actually. In 2007 they did away with it due to inflation and created another currency - the second cedi that was worth 10,000 initial cedis! In 2007 1$ was worth 470 Cedis!

Despite this it's been weakening at a very fast rate. their inflation is 17% and if the trend continues it will soon be weaker than the Kenya shilling.

Same thing happened with the Zambia Kwacha in 2012 I think.

In terms of currency performance the cedi performs very poorly. Botswana is the best performing in Africa. Kenya and SA perform pretty well too.

PS

Actually 1GH cedi = 0.23$ not the other way round.

1$= 4.3 Cedis

iblawi:
GDP of Ghana

And

GDP of Nigeria respectively

Just30:
800 Cedis is more than 80,000 naira and 1,200 is even more than 80,000 naira

vaxx:
good for kenya. gdp per capital in ghana is 3.500dollar why that of kenya is 1.800 dollar. there is high possibility of making more cash in ghana compare to kenya. with your minimum wage .kenya govt has done well.

Nowenuse:


You are 100% correct. I myself thought Kansime was Kenyan She looks so much like a Kenyan

Whether Kenyans like it or not, Kansime is the ambassador of East african accent (especially for Kenya and Uganda). LoL
Muafrika2, cocomilian, TayserMahiri and MtuMsuper, you guys should stop denying your sister
Afterall there was a time when Kenyans here were claiming to love and share more similarites with Ugandans than Tanzanians. Why the sudden denial?

genieluv:


Jeeee. great. **M happy that your govnmt is working on the fashion industry. Even we in Nigeria are working on our textile productions too. A lot of importation is also killing our local textile industries

Yaah true, Nigeria has an advantage in entertainment with the large market, buh i still believe progress can be made without a large market as such, or don't you think? There was a time when Ghanaian movies and even musics beat Nigerian productions in quality and heavily penetrated our markets.
Congo once dominated the entire Africa with their music due to the quality.
Tanzanian musics seem to be doing pretty well, i am amazed from the quality of music videos n songs i watch from Tanzania n i heard that they have heavily penetrated the Kenyan market.
Africans have similar cultures n values and we will always patronize ourselves if we have value to offer to our products, dontcha think?

There is a large swahili speaking population n market, won't Tanzanians, Ugandans n other swahili speakers patronize Kenyan swahili movies if they are of world class quality?

Even now, you won't believe how Ghanaian movie producers are giving Nigerian producers a hot chase in terms of movie quality, (Although Ghana n Nigeria works together a lot in movie production, so their movies easily gain the patronization of the Nigerian market), what stops a collabo btw East African actors, producers, directors n co? You musn't have a united union to do such. Nigeria n Ghana share no boundary, buh our movie industry is almost intertwined.

See a Ghana movie below, there r many more of high quality like this. Some of the actors are Nigerians (the light-skinned guy at the centre and the dark-skinned guy on the left)

kikuyu1:


I keep seeing this ish! Separate GDP PPP and GDP. As of 2015 our GDP was similar.

https://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_pcap_cd&idim=country:GHA:NGA:KEN&hl=en&dl=en

forgiveness:



800 Cedis is never more than 80,000 Naira. 1,200 is 120,000 naira.

200,000÷3= 66,666 .

Meaning her salary is worth 66,666 naira due to inflation and the fact that Ghana is times 3 more expensive than Nigeria.

vaxx:
if i can say. nigeria currency exchange is sick. there is always a diffrent price. from black market rate to bank rate. even some financial institute has their own rate.

nigeria minimum wage is currently 18000 naira that will give you something around 45 dollar in black market as of yesterday base on 378 or 380 exchange.

ghana earn more in wages. there is also a debate in parliament to increase the wages.

nigeria can do better i accept. but currently ghana is taking the lead.

NairobiWalker:


The Cedi was a very weak currency actually. In 2007 they did away with it due to inflation and created another currency - the second cedi that was worth 10,000 initial cedis! In 2007 1$ was worth 470 Cedis!

Despite this it's been weakening at a very fast rate. their inflation is 17% and if the trend continues it will soon be weaker than the Kenya shilling.

Same thing happened with the Zambia Kwacha in 2012 I think.

In terms of currency performance the cedi performs very poorly. Botswana is the best performing in Africa. Kenya and SA perform pretty well too.

PS

Actually 1GH cedi = 0.23$ not the other way round.

1$= 4.3 Cedis

Nowenuse:


TayserMahiri's excuse of a large Nigerian market is just one excuse Kenyans use to excuse their poor entertainment industry.
Ghanaians produce movies with as much quality as the best movies in Nigeria. Tanzanians produce musicians and music videos with as much quality as the best in Nigeria, only that of course, Nigeria will always outnumber them in volumes.

Seems like you are a fan of Tanzanian music? I am also a very big fan too. Right now, after Nigeria and South Africa, Tanzanians have the best musicians and music videos in Africa. Infact i even think Tanzanians are better than the South Africans.

Did you follow the last Mtv music awards (both Africa and Europe)? Imagine that Tanzanian Alikiba won Nigerian wizkid to best African artiste. Even though wizkid was announced the winner in the original award show, the mistake was corrected later and the award revoked from Wizkid and given to Alikiba.
In the female category, Tanzanian Vanessa mdee was also among head to head in the nominations against Nigerian Yemi alde and Tiwa savage.
Tanzanian Diamond platnumz was also among the nominees for best African artiste of the year.
In the whole awards, only Sauti sol was represented for Kenya and cool they managed to win the award for the best collabo (which featured Alikiba).

I love and admire Tanzanian artistes with a passion and i have at least a dozen of their musics on my playlist.

Check out this new Tanzanian music by Taygrin and Vanessa mdee. So cool, you can never see a video/music of such quality and style from Kenya.


https://www.youtube.com/watch?v=_8qhbfeaRMY

9jakool:

What parts?

vaxx:
actually you did not get the fact. before the old currency was redonominated to smaller volume. it was not intended to fight inflation . the exercise was meant to reduce the volume of large paper money. In 2007 when the new cedi drop. A 100 dollar is equal to 92 ghc which is the same as 920.000 old cedis

cedis is stable for the past 24months therfore it is strong at least compare to naira or shillings even cfa curreny. there is infation in the country as a result of goverment expenditure but infation has help to increase more productivity. Companies are increasing their production and business are enlarging their cost to cover the gap.making ghana suitable for business.

the current govt administration is very clever toward the stability of cedi. you can check cedi performance record from january