Kazikazi:
That's empty talk.According to World bank, Dar's properties is worth 12b while noiroberry is 9b.Do the math.
But anyway, where is your club in this big boys league? Where are you Mr kibera in this big boys champions league? Where is goromaria?

Great for you club football but your national team is crap.

Kazikazi:
Lady,Those lines they drew on a map is just a dream,actually a pipe dream.KQ is making a loss for years.

The lines they drew were supposed to represents their new routes by 2021 which was christened "project mawingu".But alas, the dream faded.KQ went into difficult times.They sold some planes.Other planes which they got under a lease,they subleased to other airlines like Oman air,Turkish etc.The money they made by subleasing was less than what the original owner charged KQ,so they again made a loss in subleasing activities!

Project mawingu which needed about 115 aircrafts to function is almost dead.Currently, KQ has 39 aircrafts which most of those are operated under a lease.

Air Tanzania has 4 planes and no international destinations. Why are you even talking? Jambojet, Precision Air etc who are local subsidiaries of KQ are bigger than any airline in Tz. Why don't you advice your friend on getting a stock exchange and not a shitty one like the one in Dar?

NairobiWalker:


.......and your source is a Nigerian paper. I thought Nowenuse was stupid.

Don't be lazy.

The minister was quoted live and direct.

Kazikazi:
Yah.Dar beats noiroberry.we are in a higher levels than them.Dar is a megacity

Indeed

rvp20182:
Great for you club football but your national team is crap.

Not just that, they have no other national team in any other sports. They have won only 3 medals at the Olympics since independence and none of them are gold. Even in East African school games tiny Rwanda goes home with more medals than these lazy weaklings.

forgiveness:



Don't be lazy.

The minister was quoted live and direct.

Where?

forgiveness:


This is just 19 years after military regime.

They are more competitive and innovative yet we have more local companies

gallivant:


Air Tanzania has 4 planes and no international destinations. Why are you even talking? Jambojet, Precision Air etc who are local subsidiaries of KQ are bigger than any airline in Tz. Why don't you advice your friend on getting a stock exchange and not a shitty one like the one in Dar?

Where did you got this 4? Your KQ is in red for years.Our metro buses make more money than KQ! Swallow that.

Why should I advise someone to get a stock exchange?

Air Tz will push KQ off the skies! Your days are numbered.mark my words

forgiveness:



Is there anyone apart from this one?

The one that you quoted is called JKIA, it handles more passengers and cargo than your JNIA. The other one is called Wilson Airport. Google it if there's electricity wherever you are.

Kazikazi:
Yah.Dar beats noiroberry.we are in a higher levels than them.Dar is a megacity

In what exactly? For example some Kenyans have more money in the bank accounts than the your tiny stock market trades in a week. Your airport is like a cow shed, garbage airline etc. Dar can never be compared with even Mombasa.

gallivant:


Not just that, they have no other national team in any other sports. They have won only 3 medals at the Olympics since independence and none of them are gold. Even in East African school games tiny Rwanda goes home with more medals than these lazy weaklings.

Come and take your pupils! They are here begging for food.I think if they want Tanzanian citizenship they must follow proper procedures,not this of sleeping in a bus for ages!

forgiveness:



Don't be lazy.

The minister was quoted live and direct.

When you're poor and desperate, even if a random person said to you, 'you're well dressed', you'd quote him and make a big deal out of it.

Kazikazi:
Where did you got this 4? Your KQ is in red for years.Our metro buses make more money than KQ! Swallow that.

Why should I advise someone to get a stock exchange?

Air Tz will push KQ off the skies! Your days are numbered.mark my words

Actually you have only 3 small planes, Our Dreamliner has not been delivered yet..

She is your virtual gf and according to you she loves you very much, right?

Air Tanzania will never get off the ground, just like Air Nigeria. Mark my words.

kikuyu1:


But why,mresh? How will he continue denying Ethiopia foreign investment?

Why do we really NEED foreign banks tho

Kazikazi:
Come and take your pupils! They are here begging for food.I think if they want Tanzanian citizenship they must follow proper procedures,not this of sleeping in a bus for ages!

What sports do you play? How can you only have 3 Olympic medals since independence? Why do you even show up in the commonwealth games? You should quit the All African games altogether!

rvp20182:
Nigeria banks bone-head expansion to many countries - talk of a fool and his money. Operating in nearly 30 countries to only make 130M USD. Meanwhile Kenyan banks regionally are making 90M USD - and profit esp in Congo & Rwanda - mean this year - they have hit 100M USD. Equity Bank alone will definitely hit 30M USD from regional subsidiaries.
http://www.financialnigeria.com/nigerian-banks-need-to-rethink-their-cross-border-subsidiaries-blog-231.html

One of the main issues with the banks’ offshore subsidiaries is that most are loss-making businesses operating in countries with little financial sector development. According to Meristem Securities, offshore subsidiaries were a negative contributor to Nigerian banks’ after-tax profit in 2010 and 2011. Several banks recently divested from their cross-border operations in order to cut losses. Access Bank divested from its Cote d’Ivoire operations after it failed to stem losses at its Ivorian subsidiary. Keystone Bank, formerly Bank PHB, announced in 2014 that it would divest from its offshore subsidiaries in Liberia, Uganda, and Sierra Leone owing to losses arising from non-performing loans and high overhead costs.

Naijjans,it would help if you'd read sources! I pasted the most relevant paragraph-as usual rvp20182 was right. In a typically unrealistic move your banks pretend to be as liquid as Qatari National Bank or Sumitomo ''dominating'' Togo and Benin ignoring the terrible economic reality at home.

Furthermore, Skye Bank, in an effort to boost its low capital ratios, announced last year that it would sell all its businesses in Gambia, Guinea, and Sierra Leone

http://www.financialnigeria.com/nigerian-banks-need-to-rethink-their-cross-border-subsidiaries-blog-231.html

Fyi,the writer is Chibuike Oguh,not a random hater.

ednited:


Why do we really NEED foreign banks tho

You need foreign investment. Open up your country for business.

gallivant:


You need foreign investment. Open up your country for business.

We do have foreign investors investing here in many sector. Why do we need them in bank

NairobiWalker:

But you hate them because they are the only West Africans who resist your stupid arrogance and attempt to look down on other Africans and bragging. The only countries the see through your bullshit in Subsaharan Africa are Ghana, Kenya and South Africa. That's why you hate those countries.

you kenyans are so slow....because we jab them doesnt mean we hate them....

the same with you kenyans too...because we are jabbing una doesnt mean we hate una too....

but whites we hate with a passion....

rvp20182:
Compare Airlines with Airlines. How is Nigerian Airways doing in the ground down? Kenya Airways had a rough patch mostly due to bad bet on oil futures - but for a long time it was the most profitable Airline in Africa (if not the world). Which is why when it hit turbulences - her creditors and kenya gov - had no problem stepping in.


Kenya Airways is one of the most successful and consistently profitable airlines in Africa. The carrier has achieved five straight years of operating profits, as well as net profits over four of the past five years. In FY2010/11 (year ending 31-Mar-2012), the carrier reported a net profit of KES3.5 billion (USD42.6 million), improving significantly on the previous financial year.

Kenya Airways - The Pride of Africa - will soon return to profitability as it soars high. It SSA competitors have had rough patches too - Ethiopia Airline had it's trouble - and right now South Africa Airways survival is doubtful.

Many of us,too many quite frankly in the rush to blame ex boss Naikuni,corruption and incompetence ignore one basic fact-falling tourist numbers. Imagine September 2013 Westgate and 9 months later Lamu killings splashed across the worlds MSM. Fyi,in 2015 some frustrated hotel owners sold out for 50% face value and a 100k at the coast were jobless. We need to remember proxy war terror for screwing up KQs bottom line.

ednited:




What if ET was gov't or private?

Why you have to get into that man

You keep digging things to defend your country, keep up the patriotism but I don't see that working. ET is better than KQ and it's a fact.

You are against my idea, then I don't care

I don't care if ET is better or worse. I just don't like it when you try to bit up some ones company to raise yours and also keep digging for things that are off topic.

I am just being honest..you raised ruckus when I alluded to ET tough times previously.Airline industry is tough.

rvp20182:
I am just being honest..you raised ruckus when I alluded to ET tough times previously.Airline industry is tough.

I don't understand but OKAY

No need to debate on this

gallivant:


What sports do you play? How can you only have 3 Olympic medals since independence? Why do you even show up in the commonwealth games? You should quit the All African games altogether!

Which sport are you doing? Marathon?? Is that what you do?
Friend,Marathon is a poor man's sport! It is just an association of poor men showing their ribs to the world!! A poor man's ribs show.
Ho ho ho ho ho...
Pwa ha ha ha ha...

rvp20182:
I am just being honest..you raised ruckus when I alluded to ET tough times previously.Airline industry is tough.

airline business has been tough since 911 in america....

but its not only airlines that is tough....

before then i was earning alot of money in stock markets....no matter where you put your money,you couldnt loose....

especialy call and put options....

but now stock markets is a giant mess....

ednited:


We do have foreign investors investing here in many sector. Why do we need them in bank

I was just saying it's always good idea to open up the economy of a country to foreign investment, technology transfer etc. Nothing else.

darfay:



Even if it flies to Pluto it would still be a loss making machine

Ofc,your extensive experience in airline ops is much appreciated. Kenyans are breathlessly waiting to see your brand new 100 plane Boeing fleet flying to Uranus.

Kazikazi:
Which sport are you doing? Marathon?? Is that what you do?
Friend,Marathon is a poor man's sport! It is just an association of poor men showing their ribs to the world!! A poor man's ribs show.
Ho ho ho ho ho...
Pwa ha ha ha ha...

What sports do you participate in fool? How can you account for only 3 Olympic medals, 0 in the commonwealth and All African games? Smaller countries like Burundi has better a better record. The biggest country in East Africa is also the weakest link!

Guys,

Have you realized that U.S.A is making plans on how to hand Africa from China??

We are still modern slaves. U.S.A is trying to show support to African countries so they could turn their back to China. And also to became our new modern colonizer

Example- Abiy Ahmed is really smart, he has been collecting leaders on his side and opened up telecom, electric company and Airlines to foreign investors because he also knows U.S.A is going to help him out.

U.S.A is trying to take over China not beacuse they care of how Africa is being hurt by China but beacuse their economy is hurt due to China presence in Africa.


How do you guys take that? Rather than debating on who's country is better than whose, this is what we need to talk about.

Is China or U.S.A the biggest enemy of Africa? Do you think Africa will suffer more problem under U.S.A??

ednited:


We do have foreign investors investing here in many sector. Why do we need them in bank

Ethiopia.Banks are not some strategic national business.it just money lending.You country will be richer with more banks.Otherwise gov lending will always be skewed.Ethiopia is a hopeless case.

Kazikazi:
Which sport are you doing? Marathon?? Is that what you do?
Friend,Marathon is a poor man's sport! It is just an association of poor men showing their ribs to the world!! A poor man's ribs show.
Ho ho ho ho ho...
Pwa ha ha ha ha...

Kwo Kwo Kwo kwooooo hahahaha you're wicked

gallivant:


I was just saying it's always good idea to open up the economy of a country to foreign investment, technology transfer etc. Nothing else.

Okay, I thank you for the good comment but I don't think we have think of it all the way through.

We all thought that opening up is always the option. But can anyone convince me why we still need foreign??

Don't try to bring reasons like

- good experience

- Competition within local and international banks

rvp20182:
Ethiopia.Banks are not some strategic national business.it just money lending.You country will be richer with more banks.Otherwise gov lending will always be skewed.Ethiopia is a hopeless case.

Tell me the capability foreign banks have but the Ethiopian bank don't?