Kur17:


Not impressive

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

Jonraid:
Continue wondering in your illusion!

The truth is a bitter pill to swallow

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:



The truth is a bitter pill to swallow

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:

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

darfay:


Olodo rabata
Stop telling lies you Telecom $3billion dollars almost the same as Globacom

Your bank asset which is $35billion dollars( inclusive of Nigerian banks in Kenya) while that of Nigeria is $110 billion

Nigeria firm controls 80% of your online retail

Nigeria firm dominates your housing market

So what services are you talking about? The same one Nigerian firms are dominating

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

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:
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:



How do you explain a Nigerian firm(jumia) dominating your real estate like there is no tomorrow

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.

forgiveness:
Still in the Service sector.

Nigeria is ahead of Kenya in Real Estate and Franchise industries.


Real Estate.

1. Nigeria is among the top 5 Real Estate investment destination in Africa as at 2017. Kenya is nowhere to be found on the list. (See snapshot 1)

2. Nigeria is the most attractive of the top 5 countries that offers the greatest investment opportunity in Africa. Nigeria two cities of Lagos and Abuja are 3rd and 4th the most expensive retail market space in Africa. (See snapshot 2) Nairobi Kenyan city came distant 8th. (see snapshot 3)

Bring credible sources and stop feeding us with silly blogs.

darfay:





Angola is no 3, in sub Saharan Africa and no 5, in Africa. While Ethiopia is the largest economy in East Africa and with Tz growing @ a faster rate they would overtake you b4 you know it

Remember Ethiopia have double our population. They're doing well economically though I doubt they'll ever beat us per capita in our lifetime.

Jonraid:
Here are the top ten leading real estate firms in Kenya.Jumia is not a real estate company.You sound so uninformed.
Those houses are owned by different companies.A loss making firm like Jumia can only advertise houses in its platform.That's all!

https://www.theeastafrican.co.ke/business/Jumia-sinks-into--139-3m-loss/2560-4409702-rhekyfz/index.html

https://biznakenya.com/real-estate-companies-in-kenya/

Anyone who thinks Jumia is a real estate company is probably a recent high school graduate who just discovered Google.

The first Sustainable Blue Economy Conference is to be held in Kenya

Over 13000 participants will converge in Nairobi

http://www.blueeconomyconference.go.ke/

darfay:



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

You need to worry more about your shrinking GDP. Ours is growing - slower than Ethiopia's but still growing fast anyway.

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%

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

Jonraid:
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

they signed a gas deal

Jonraid:
So the South African economy only expanded by 0.8 % this year.This is a very low number irregardless of the way you look at it.Has the South African economy reached it's climax just like the developed nations who would rarely grow the economy by more than two percentile? Or is this just a temporary stagnation and the economy would ultimately bounce back?

Anyone willing to tell this out? What do these numbers mean? What do you foresee from the South African economy?

Where is rvp20182 MtistheQubit Kur17 Yobeezy Lionessza6 TayserMahiri ?

https://www.timeslive.co.za/sunday-times/business/2018-06-05-gdp-shock-economy-shrinks-22-biggest-decline-in-9-years/

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.

Is this the 'economic climax' I'm talking about?

Yobeezy:


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 inin 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.

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:
they signed a gas deal

Jonraid:
Is this the 'economic climax' I'm talking about?

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.

darfay:



When they beat you with facts, you start posting pictures as usual

What facts exactly? A picture is worth a thousand words.... Why explain in a thousand words what 1 picture can explain in a thousand ways? I dont like arguments especially with people who cant stick in a single subject matter.

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:


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.

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:


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.

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:
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.

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:
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:
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

one question why is being developed nation difficult and why is russia not developed country and why is china also not a developed country

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:
one question why is being developed nation difficult and why is russia not developed country and why is china also not a developed country

Jonraid:
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

poor countries discussing their stupidity as usual

NairobiWalker:


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.

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

rvp20182:
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

so how do you grow you econony when you reach such a point

NairobiWalker:


Anyone who thinks Jumia is a real estate company is probably a recent high school graduate who just discovered Google.

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

tlann:
so how do you grow you econony when you reach such a point

You quit sensible for a Kenyan

Guys let ask this Kenyans,S.A. wic country is more civilized nd social