forgiveness:


20 million jobless Kenyans living below $0 needs urgent attention. Just like nairotrekker who has missed his road going into the Safari due to overdose of changaa in the brain. Please, help him before rodents eat him up.

100 million Nigerians are in extreme poverty and depend on borrowing to meet they needs
That is why Nigeria is the poverty capital
80% of Nigerians are extremely poor
Very soon it will hit 90% since your poverty rates are increasing
Then Nigeria will be the universal poverty capital

NairobiWalker:


Forgive-him-he's-stupid.

endless desperation will drive them crazy

jaycent:
Am keep saying this that, Ghanaians can only fool other African countries but not Nigerians

Not at all. I know they have water issues and recently light problem because I experienced it myself.

Jonraid:
Exporters pain and Consumers gain as the shilling strengthens against the dollar

Where should we leave the shilling to hoover about? At what range should be the ideal value of the shilling against the dollar? rvp2018

It seems that this is the best time to buy dollars and wait for your harvest when it shoots up!

https://www.businessdailyafrica.com/news/Consumers-gain--exporters-pain-as-shilling-hits-99-to-the-dollar/5

I've been expecting this for a while. In fact imo it will settle 95-96 in the midterm. Rvp2018,give us your analysis.

tylann:

100 million Nigerians are in extreme poverty and depend on borrowing to meet they needs
That is why Nigeria is the poverty capital
80% of Nigerians are extremely poor
Very soon it will hit 90% since your poverty rates are increasing
Then Nigeria will be the universal poverty capital

100 million sacrificial lamb

forgiveness:


Is that you drinking changaa on your way looking for job?

I believe you make up the 20 million jobless Kenyans drinking changaa everyday.

Nope, that is Forgive-me-I'm-Stupid, one of the 120 million jobless Nigerians, drinking kunnu.

forgiveness:



Not at all. I know they have water issues and recently light problem because I experienced it myself.

we solved our water problems and solved our light issues
we used 8 billion dollars to solved our light issues in 3 years
2 billion dollars to solved our water issues in a year.

what abot you?

rvp2018:
That doesn't true.

During the 2017/18 year, the total public debt service payments amounted to $4.4 billion, an increase of $1.4 billion from $2.9 billion in June 2017.In the 2018/19 financial year, Kenya is staring at a public debt redemption bill to the tune of[b] $4.5 billion.[/b]

Uhuru should go slow on borrowing now

Sound proofed Railway at Nairobi National Park

rvp2018:
World AI Shows come to Nairobi

Awesome..i might add sophia is creepy

AI is here to stay an we should as well accept it ...its the future

Let's say this 99 averages for like a week,the economy is going to feel it.I mean, the 99-102 range is big,any range of plus one shilling is felt by importers as millions are saved. Even ranges of some tens of cents are felt because the amounts being talked about here are in billions ksh.Our petroleum import bill accounts for like 15-20% of our total import values.If it hangs at 99 for some weeks or days, all eyes will be on ERC as Kenyans would be expecting cheaper thermal power ! The inflation might actually fall a bit if the trend persists.Let the truth be said,we've missed it being at 99 as opposed to 101 and 102!

rvp2018:
I assume about 1/3 of that 4.5B is foreign -denominated debt - I think Kshs stability makes this non-issues. The Kshs is expected to be stable around 100. And that is one of kenya greatest strength - stable marco-economic policy - so really nobody is concerned about this - it's probably going to hang around there 100-102 for this year - like it did last year.

The likes of TZ & Nigeria & many africa countries are getting an hidding from USD.

Just30:


we solved our water problems and solved our light issues
we used 8 billion dollars to solved our light issues in 3 years
2 billion dollars to solved our water issues in a year.

what abot you?

Generators is they primary source of electricity in 2019
They are the world leaders in extreme poverty

Pretty amazing. Can you elaborate more on the 8B and 2B investment on water and electricity.

Just30:


we solved our water problems and solved our light issues
we used 8 billion dollars to solved our light issues in 3 years
2 billion dollars to solved our water issues in a year.

what abot you?

tylann:


Unajua Kenya ilispend 1.1 trillion kulipa madeni
Hyo ni nyingi sana
Ikabaki na 750 billion pekee Ku operate govt functions

WT ...i as a citizen need further explanation how my taxes are spend

Just30:
keep following blogs


and political statement

Ooh so now bloggers are now liars abi. Okay oo

tylann:

100 million Nigerians are in extreme poverty and depend on borrowing to meet they needs
That is why Nigeria is the poverty capital
80% of Nigerians are extremely poor
Very soon it will hit 90% since your poverty rates are increasing
Then Nigeria will be the universal poverty capital

tell em brotha ..

tylann:

100 million Nigerians are in extreme poverty and depend on borrowing to meet they needs
That is why Nigeria is the poverty capital
80% of Nigerians are extremely poor
Very soon it will hit 90% since your poverty rates are increasing
Then Nigeria will be the universal poverty capital

20 million Kenyans are jobless are currently living below extreme poverty because of $0 per day rate. They can't borrow because there is no hope of paying back due to not having a dime and the other 15 million living in extreme poverty can't even afford to borrow because it's not enough to feed in half a day.

35 million Kenyans are really really suffering.

What shall become of the remaining 15 million Kenyans?


Let me remind you facts again.

forgiveness:


Beautiful. But was this how you dress before the British came? No offense. Just curious. Thanks

Well, it is not easy to find pre-colonial images for obvious reasons, so you can only rely on written accounts or sketches from/by people who have had encounters with earlier Xhosa people of yesteryear. Apparently we wore red blankets, which were dyed with reď ochre.

I think if it appreciate for like 2-3% - so I don't know if you will fee such impact. For petroleum dealers - the regular will factor that in new prices at pump - so they consumers benefits. If we sustain the dollar at 99 or below 100 - then economy will get 2-3% boost in nominal GDP - so say instead of economy ending up 98B dollars this year - we might cross 100B!

Yes so it's good news - stable strong currency and really low inflation (now at 4% in driest month!!) - and so kenya seem to be doing great macro-economic wise.

Jonraid:
Let's say this 99 averages for like a week,the economy is going to feel it.I mean, the 99-102 range is big,any range of plus one shilling is felt by importers as millions are saved. Even ranges of some tens of cents are felt because the amounts being talked about here are in billions ksh.Our petroleum import bill accounts for like 15-20% of our total import values.If it hangs at 99 for some weeks or days, all eyes will be on ERC as Kenyans would be expecting cheaper thermal power ! The inflation might actually fall a bit if the trend persists.Let the truth be said,we've missed it being at 99 as opposed to 101 and 102!

forgiveness:


20 million jobless Kenyans living below $0 needs urgent attention. Just like nairotrekker who has missed his road going into the Safari due to overdose of changaa in the brain. Please, help him before rodents eat him up.

So nigerians are employed while you lead the world in extreme poverty
Your govt is always fooling you

I just bagged an AI girl going by the name Evie.I thought they were hard to crack,I was wrong!

mtisTheQubit:

Awesome..i might add sophia is creepy

AI is here to stay an we should as well accept it ...its the future

forgiveness:



When will Kenya create jobs for the 20 million jobless Kenyans drinking changaa everyday?

Nairobitreker is seeking for help. Just forgive him please

jaycent:
Ooh so now bloggers are now liars abi. Okay oo

we use blogs to put pressure on our government to make things standard

They are charging - something like 200dollars though - but yes AI is going to be around forever.

mtisTheQubit:

Awesome..i might add sophia is creepy

AI is here to stay an we should as well accept it ...its the future

I think this year deficit is down (difference btw revenues & budget - which is bridged by borrowing). Personally I think gov should reduce borrowing but NOT REDUCE budget. They need to privatize and get money by selling shares in companies like Safaricom, National Oil, Kenya Pipeline, Kenya Ports Authority, Kenya Railway, Kengen (more shares). This will not only get treasury money - but will further inject private sector efficiency in there - and reduce corruption

tylann:

Uhuru should go slow on borrowing now

Jonraid:
I just bagged an AI girl going by the name Evie.I thought they were hard to crack,I was wrong!

...creepy but understandable...
Anyway very soon we gonna have a more advanced samantha doll..she might start suggesting stuff ..

AskiaHarem:


Accra's Unmatched Cleanliness

Cease firr, cease fire please

NairobiWalker:


Nope, that is Forgive-me-I'm-Stupid, one of the 120 million jobless Nigerians, drinking kunnu.

It's reported on newspapers, magazines, TV and radio that a Kenyan wandered from Nairobi to the Safari (on his way to seek for job) due to excess drinking of Changaa. Who else if not Nairobiwalker? Is that Nairobiwalker?

Just30:


we use blogs to put pressure on our government to make things standard

Okay oo

forgiveness:


20 million Kenyans are jobless are currently living below extreme poverty because of $0 per day rate. They can't borrow because there is no hope of paying back due to not having a dime and the other 15 million living in extreme poverty can't even afford to borrow because it's not enough to feed in half a day.

35 million Kenyans are really really suffering.

What shall become of the remaining 15 million Kenyans?


Let me remind you facts again.

Comeback to reality
120 million Nigerians are unemployed out of 200million
100 million in extreme poverty they depend on the next person for survival
We saw it in your just concluded elections
Your politicians distributing
Rice , flour , bread with pictures of your politicians that means most Nigerians can't even afford food because of extreme poverty
In 2023 90% of Nigerians will be in extreme poverty
Nigeria is embrassing Africa

samorobo:
Nigeria is on that part cause our industrial sector is waxing stronger with efficient infastructure put in place......check my post from 2 pages behind

Well may be, I just don't know about Nigeria. We may come to know from ECI Index in next 5 years.

Kazikazi:
Any advice about eradicating slums in Africa? Or fighting hunger?

As I told before, those are not your shortcomings but results of shortcomings. As per capita incomes of country's called "poor" is mostly below $2,000 and wealth below $10,000 which is real shortcoming. These are problems arose in long term. So, will be solved in long term. India took 24 years to bring down its slum population from 63% in 1991 to 24% in 2015. Although its rank bad in hunger (because Indians are underweight and have lack of protein being vegetarians and not because they can't afford food).

Redistribution of money or forced improvement of these things only gives short lived solutions.

Very basic thing, if people can afford to live at good place, why would they live at slums? When there will be infrastructure, why will any place become slum?

Jonraid:
Apologies taken.

I guess Nigeria can follow this path.I just can't see some of these suggestions being implemented here(in Kenya). But point one and two can and maybe five! We have the Al shabab menace on our part that I agree must be dealt with!

Al Shabab isn't as powerful as Boko Haram. It's not that influential. As for difference between Kenyan & Bangladeshi Socialist vs Chinese & Indian Capitalist models, study this:
http://atlas.cid.harvard.edu/rankings/growth-projections/
Economic diversification may not be that effective in a low income + low population country like Kenya but Nigeria can implement it definitely.

rvp2018:
This doesn't apply for all countries. What applies to all countries is to :-

I'm just saying its suitable for Nigeria.
Let's see because you went deep into same what I said.

rvp2018:
1) Accelerate broad-based diversified equitable economic growth through private & public investment.

Capitalism

rvp2018:
2) Reduce population growth by having less,well spaced & healthy kids.

It is "how you are going to do it" and to what extent. Congo keeps multiplaying its population which is a problem while Japanese population decline is actually causing poverty to re emerge. Country's like Argentina, developed in past are now becoming developing countries. What could be the reason?

There are three kinds of people in any society,
1. Kids
2. Adults
3. Olds
Only adults are upon which nation is dependent. Rest 2 are dependent upon their parents/children/government for taking after pension.

Developed countries aren't growing anymore and having demographic dividend like them isn't going to help Africa.

rvp2018:
3) Do both 1 & 2 - consistently for a long period - 20-30yrs - and poverty start becoming history.

Be clear, those are other human development indicators. You are talking about poverty which is lack of money. So, poverty has only thing to with money.
Increasing money in system boosting per capita incomes and then heading to a wage lead economic growth.

rvp2018:
To achieve #3) - you need stable and predictable environment that includes avoiding wars, political crisis and then pray for - global/exogenous risks - that are beyond the country control.

Stability

rvp2018:
Pretty amazing. Can you elaborate more on the 8B and 2B investment on water and electricity.

WATER
The Accra sea water desalination plant is located at Nungua in the Kpeshie district, and is the first desalination plant built in Ghana.

The plant started commercial operation in March 2015 and was officially inaugurated in April 2015.

The $125m project has a capacity to desalinate 60,000m3 of sea water a day providing fresh water to more than 300,000 people in various municipalities of the Greater Accra administrative region. It marks a significant step in improving drinking water facilities in the country, which is witnessing rapid population growth.

NO.

Project Name

Funding Agent

Plant Capacity

End Date

Budget (Million)

Contractors

1

Earthwater Megashed Water Project

US SOURCES (BOOT)

10MGD - 60MGD

25 yrs after start

-

EARTHWATER GHANA LTD

2

Kpong - Accra Water Purchase Project

UNCONFIRMED

200,000m3/d (44MGD)

48 months after start

-

BIWATER BV

3

Kpong - Tema Project (Industrial Water Project)

ABN AMRO N.V

30,000m3/d (6.6MGD)

48 months after start

€ 70.000

BALLAST NEDAM BV

4

Kpong-Tema Project (Industrial Water Project)

UNCONFIRMED

30,000m3/d (6.6MGD)

36 months after start

-

MERHAV MEKOROT J.V. ISRAEL

5

Asutsuare-Tema-Accra Water Project

MARGUARIE GROUP&AMB AMRO

44MDG

65 months after start

DENYS NV

6

Sogakope-Lome Water Project

AFRICAN DEVELOPMENT BANK

40MGD-70MDG

36 months after start

120

YET TO BE SELECTED

7

Agordome Water Supply Project

US EXIM BANK

20,000m3/d (4.4MGD)

24 months after start

US$85

UEM INC

8

Assin Fosu Water Supply Project

US EXIM BANK

8,000m3//d (1.76MGD)

24 months after start

US$59

UEM INC

9

Sekondi - Takoradi Water Supply Rehab & Expansion Project

CHINA EXIM BANK

100,000m3/d (22MGD)

24 months after start

US $ 287

SINOMACH (CHINA)

10

Essiama Enclave Water Supply Project

CHINA EXIM BANK

50,000 M3/d (11MGD)

39 months after start

US$350

CMCEC

11

Techiman Water Supply Rehab & Expansion Project

KOREA EXIM BANK

US EXIM BANK

10,500m3/d (2.31MGD)

36 months after start

US $333

KOLON ENGINEERING (KOREA) & KHAFRA ENG (USA)

12

Sunyani Water Supply Project

CHINA EXIM BANK

44,000m3/d(9.68MGD)

24 months after start

US $ 92.5

LEMNA INTERNATIONAL

MCC 8 GROUP

13

Yendi, Salaga, Buipe Water Supply Rehab & Expansion Project

BANK HAPOALIM, ISRAEL

12,960m3/d (2.85MGD)

12 months after start

US $ 200

DDY WING AVIATION, CANADA

14

Damongo Water Supply Project

SPAIN PROTOCOL

10,500m3/d (2.31MGD)

24 months after start

€ 10.000

HIDROAMBIENTE S.A.

15

Rehab and Expansion of Ten Existing Water Systems Project

CHINA EXIM BANK

-

48 months after start

US $ 435

CMEC (CHINA)

16

Mobile Treatment Plant Project

UNCONFIRMED

113636m3/d (25 MGD)

12 months

€168.33

Precision Process Design and Mechanical















17

Feasibility study on Replacement & Renewals of Distribution systems in cities of Ghana

CHINA EXIM BANK

-

8 months after start

US $ 8

CMEC (CHINA)

18

Nationwide Rehabilitation of GWCL Systems

WORLD BANK

$180

19

Water Network Management Enhancement Project

AUSTRIAN FUNDING

-

36 months after start

€ 7.9

S.F.C Umwelttechnik GmbH

20

Solar-Powered Back-up Project for 15 water Systems

UNCONFIRMED

-

-

Under Review