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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) (6428689 Views)
Am I The Only One Whos Tired Of This Kenya Is Ahead Thread / Femi Adesina: "I Don't Lie, No Matter What"; Nigerians React / Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode (2) (3) (4)
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by darfay: 4:55pm On Nov 21, 2018 |
Kur17: Who asked for your approval..... In other news Ethiopia is now the largest and fastest growing economy in East Africa, followed by Tz, no hope for you guys 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by darfay: 4:56pm On Nov 21, 2018 |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 5:02pm On Nov 21, 2018 |
No links to back up that verbiage you've just posted? You should be more worried about your growth this year! http://dailypost.ng/2018/10/04/nigerias-economic-growth-drops-2018-world-bank/ darfay: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 5:12pm On Nov 21, 2018 |
Not with our solid and stable macro-economic. Kshs has been Africa most stable currency for more than two decades...and has deprciated the least...other Africa currencies just can't seem to handle the dollar...Naira basically crashed in 2016..RAND has faced lots of headway...and so has the Birr. darfay: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by NairobiWalker(m): 5:25pm On Nov 21, 2018 |
darfay: 1. Jumia is not Nigerian. 2. Nigerian banks control less than 1% of market share in Kenya. 3. There's absolutely NO Nigerian in our housing market. You guys really suffer from delusions of grandeur |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 5:27pm On Nov 21, 2018 |
The shilling has strengthened today.Both the rand and the naira have depreciated! About the Naira - https://www.dailytrust.com.ng/dollar-appreciates-against-naira.html About the shilling- https://www.businessdailyafrica.com/markets/marketnews/Tighter-market-liquidity-offers-shilling-a-relief/3815534-4859200-14gyjhm/index.html About the rand- https://businesstech.co.za/news/banking/285120/rand-dips-below-r14-vs-the-dollar-ahead-of-rates-call/ rvp2018: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by NairobiWalker(m): 5:27pm On Nov 21, 2018 |
darfay: You're an Idiot. People advertise houses for rent and sale on Jumia. Jumia has no share in Kenya's real estate. 2. Jumia is not Nigerian. 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by NairobiWalker(m): 5:29pm On Nov 21, 2018 |
forgiveness: Bring credible sources and stop feeding us with silly blogs. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by NairobiWalker(m): 5:31pm On Nov 21, 2018 |
darfay: Remember Ethiopia have double our population. They're doing well economically though I doubt they'll ever beat us per capita in our lifetime. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by NairobiWalker(m): 5:33pm On Nov 21, 2018 |
Jonraid: Anyone who thinks Jumia is a real estate company is probably a recent high school graduate who just discovered Google. 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 5:35pm On Nov 21, 2018 |
The first Sustainable Blue Economy Conference is to be held in Kenya Over 13000 participants will converge in Nairobi http://www.blueeconomyconference.go.ke/ 1 Like
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by NairobiWalker(m): 5:35pm On Nov 21, 2018 |
darfay: You need to worry more about your shrinking GDP. Ours is growing - slower than Ethiopia's but still growing fast anyway. 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 5:59pm On Nov 21, 2018 |
According to Cytonn's The Kenya Retail Sector Report 2018 Kenya a total mall space supply of 15.3 million square feet, against a demand of 14.1 million square feet, resulting in an oversupply of 1.2 million square feet. Nairobi, Eldoret, Kisumu and Nakuru are oversupplied by 2.0 million, 0.3 million, 0.2 million and 0.1 million square feet, respectively. https://cytonn.com/uploads/downloads/cytonn-retail-report-2018-vff.pdf I guess that roughly translate to 1.5M square meters..with Nairobi accounting for a 3rd of them...still a far cry from South Africa 23 M square meters!!! The construction & real estate boom in Kenya the last few years - as seen it rise to become 2nd biggest sector of our GDP - at nearly 15% 3 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 6:02pm On Nov 21, 2018 |
Kenya and Mozambique met today at statehouse Nairobi A gas deal incoming? Will we be seeing more and more Kenyan firms investing in Mozambique after Humphrey Kariuki's Great Lakes Africa Energy? Excited much about this partnership! https://www.businessdailyafrica.com/markets/marketnews/3815534-4575740-1lu4ys/index.html 1 Like
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 6:12pm On Nov 21, 2018 |
Jonraid:they signed a gas deal |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 6:18pm On Nov 21, 2018 |
Jonraid: Well as for me I think South Africa has almost or nearly exhausted most of its economic sectors but not all because the production levels in the economy is almost excess to reach the brim of a country's production capacity thus the national output growth inform of GDP will lower down,SA has already filled the gap of economic pushing factors like infrastructure,technology and good governance at some point and so they don't need to spend much on these while developing countries like Kenya,Ethiopia,Nigeria etc needs to invest more of them so as to maintain the market equilibrium levels because consumption rate is higher than the production rate. As for South Africa's case,I think production rate tends to equalize the consumption rate since most of their economic sectors have been highly utilized making production capacity to be relatively lower because its almost achieving it's excess production capacity,it's the same economic phenomenon that happens in developed economies like US,UK etc That's why the GDP growth rate of south Africa tends to be lower as compared to developing countries. My point though. 3 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 6:23pm On Nov 21, 2018 |
Is this the 'economic climax' I'm talking about? Yobeezy: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 6:26pm On Nov 21, 2018 |
Most probably a deal has been signed not only on the minerals(oil,gas,coal and others) but also on other critical areas such as agriculture,blue economy,energy,people to people relations and governance! tlann: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 6:37pm On Nov 21, 2018 |
Jonraid: No any country will ever reach the economic climax or maturity including the world's largest economy US itself because that means they have reached full employment levels which has never happened in any country before cause for other economic sectors to run market equilibrium levels needs to be arrived at despite almost reaching the excess production capacity. So a country like RSA has almost produced what it should have in the economy therefore it has to cut down production at some point to maintain the economic equilibrium levels hence slow growth rate of national output. 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Kenyanstar: 6:38pm On Nov 21, 2018 |
darfay: ![]() ![]() ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 6:49pm On Nov 21, 2018 |
Thanks for your insights.However by this climax,I didn't mean total perfection but rather a country's highest level of growth it can achieve within a longer period of time.Like to put a question,can the US economy grow at 10% at this times? This 10% for the US is nearly impossible currently speaking! Yobeezy: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 6:50pm On Nov 21, 2018 |
You're describing marginal utility with lots of words but what ails South Africa is the Middle Income/Class trap.Very few countries ever transition to developed world.Think of the whole of Latin America and only Chile seem to have escaped..likes of Mexico are stuck.South Africa needs to become a developed world and that a Herculean task.According to WB only 13 countries from 101 middle income countries have transitioned to developed high income countries like you have in North America & most of Western Europe since 1960!! Yobeezy: 3 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Jonraid(m): 7:09pm On Nov 21, 2018 |
Breaking that barrier to the developed world requires no mistakes. Brazil has stagnated at this point for a longer period of time.Hosting a world cup,the olympics and being one of the world's top air-plane manufacturers just haven't gotten the brazil to this developed 'status' Seems SA would have to come up with a strategy to get back to a growth of 5% or more if they want to escape this trap.To make that next leap of becoming a developed nation,you must have a GDP per capita of not less than 25000 US dollars.This is not an easy fit.I can't see SA reaching here in the near future unless miracles happen! https://www.investopedia.com/updates/top-developing-countries/ rvp20182: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 7:37pm On Nov 21, 2018 |
It's doable.The solution is having a world class education system for everyone.Not a few elites kids.Chile did it.Only Japan and South Korea have done it in Asia despite all the hardwork.Australia and New Zealand somehow did it otherwise the rest is Western Europe and North America.South Africa are thinking Land and want to go back to Agagrian economy first because face it the current economy is boers.Let them find their bottom and start crawling.Kenya has a better shot at it..in 2050 than them.We just need to keep massively investing in soft issues esp education so you can produce the next generation worker.It sad when people oppose laptop for kids as non priority..and yet that is what could propel the next generation of Kenyans to first world..see what Mpesa did Jonraid: 3 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 7:50pm On Nov 21, 2018 |
rvp20182:one question why is being developed nation difficult and why is russia not developed country and why is china also not a developed country |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 8:14pm On Nov 21, 2018 |
Coz of middle class trap.. neither rich nor poor..once you hit middle class like South Africa...it become incredibly hard to grow the economy..all the infrastructure you need are mostly built..all the public facilities done..all urban development done..what remain is finding high paying jobs for everyone ..you cannot do low cost manufacturing or high cost either... etc etc tlann: 3 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:19pm On Nov 21, 2018 |
Jonraid:poor countries discussing their stupidity as usual |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by darfay: 8:23pm On Nov 21, 2018 |
NairobiWalker: As far as it headquartered in Lagos, Nigeria... Just kiss the truth A Nigerian based firm has over 90% of your online retail market, the remaining 10% is controlled by Tanzanian kilimall The same Nigerian firm has a monopoly in your real estate |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:26pm On Nov 21, 2018 |
rvp20182:so how do you grow you econony when you reach such a point |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by darfay: 8:30pm On Nov 21, 2018 |
NairobiWalker: Why are you angry fa, I know your rented apartment was brokered through jumia. Whether you like it or not a Nigerian based firm has sole monopoly in your online retail and real estate business |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by darfay: 8:32pm On Nov 21, 2018 |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:32pm On Nov 21, 2018 |
Guys let ask this Kenyans,S.A. wic country is more civilized nd social |
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