Stevoh18:


Though don't act as if we're equal while your GDP per capita is almost half of Kenya's

Since you can say this to TZ then I have every right to say the same to you......

Can you remind me again why we are still arguing about this when you knew the bolded this whole time

Problemkid1:
STFU means "shut the fvck up". while "smh" means "shaking my head"?

Thanks very much for this

pokuasi:
You see how stupid you Ghanaians can be sometimes, your country drafted a very distasteful law targeting NIGERIAN retailers and each time NIGERIAN retailers bring up Ecowas protocols which your country is a signatory to, you orangutans... rush to media to scream 'respect our laws'... Now, another sovereign country has made laws that suits and protect her interests and that of her citizens, a human prototype ghana man is here talking poo as tho he know NIGERIA better than NIGERIANS including those that drafted that drafted it.. please, Mr. Expert on Nigeria, can you tell us what NIGERIAN problems are.. I mean, in your opinion not popular opinion of what you've heard of NIGERIA.. I Know I shouldn't be asking you this because a ghana man doesn't have the brain for ORIGINAL ideas or opinions cos god created him to be a bandwagon jumper who can't differentiate between real life event and what he saw on his TV screens which sometimes are fiction.. 80 percent of what Ghanaians think of NIGERIA are purely based on what they see on Nigerian movies.. I can tell you this on authority.. a ghana man doesn't have that kind brain to separate fiction from reality. To an average ghana man, there's no difference between the two

Abi..were they not also breaking ECOWAS protocol

rvp20182:
Kenya has never been broke. Tanzania is still under ICU since 1980s when it went broke. We are doing debt re-financing - meaning we borrow about 6B dollars annually - and repay 6b dollars - we are not leveraging -our revenues are therefore ring-fenced for development & recurrent expenditure.- but Kenya gov is FAR from being broke. Tanzania is near broke with 50% of reveue paying debts. Nigeria at 75% is broke...because they are borrowing to pay salaries and pensions...like Tanzania.

Your cabinet Secretary of treasury made it clear that you are broke. You are borrowing to repay old loans. Your debt to GDP is 63%,that is higher than SA of 59% although SA has more advanced economy. A lower middle economy like Kenya to have the high amount of debts,that equates to disaster.

Tanzania don't borrow to pay salaries. All salaries are from our revenues and public servants gets it on time each month

samorobo:



Since you can say this to TZ then I have every right to say the same to you......

Can you remind me again why we are still arguing about this when you knew the bolded this whole time

Kenya is the only country which borrows to repay old loans! Have u ever heard about that anywhere else?
Very strange thing

I think you understanding of economics is at best rudimentary. Concentrate on clay matters.
1) GDP to Debt
2) Debt servicing to Revenues.
3) Quality of debt.

Now let me school you a little bit. Kenya GDP to debt has risen to around 59-60% from around 45%. Yes that is a little concerning because we need to be around 50% but the we are fine because of the quality of the loans we take - we don't have a lot of commercial loans ( we retired most of them)- we have long maturing low interest loans (some 50ys tenured) - we have healthy mix of domestic loan (no forex risk) - and most of the rest are just public guarantees (about 20%) that we may never pay.

That is why our debt servicing ratio is healthy 30%.

Now let look at Tanzania. You have very low GDP to debt ratio but you have higher debt servicing ratio. You know why? Because your treasury is STUPIDLY taking in commercial loans - like 1.5B dollars for SGR everytime I think about it - I just laugh.

Now because of such decisions - you're spending 50% of your revenues to service debt. Leaving you with less money to pay salaries, pensions and recurrent expenditure.

When you talk about salaries on time - Kenya pays about triple (our teachers or police officers earn thrice) - and we pay them on 15-20th - way before the end month.

Kazikazi:
Your cabinet Secretary of treasury made it clear that you are broke. You are borrowing to repay old loans. Your debt to GDP is 63%,that is higher than SA of 59% although SA has more advanced economy. A lower middle economy like Kenya to have the high amount of debts,that equates to disaster.

Tanzania don't borrow to pay salaries. All salaries are from our revenues and public servants gets it on time each month

Debt refinancing is used by US, China and many smart countries to manage debt. You take new cheaper loan to retire poor quality aka expensive debt.

Kenya has prudent financial management team - we are doing debt refinancing to keep our debt in check.

Once we are able to LEVERAGE again - we will borrow new debt.

So understand REFINANCING AND LEVERAGING mr Clay Engineer.

Kazikazi:
Kenya is the only country which borrows to repay old loans! Have u ever heard about that anywhere else?
Very strange thing

rvp20182:
Kenya has never been broke. Tanzania is still under ICU since 1980s when it went broke. We are doing debt re-financing - meaning we borrow about 6B dollars annually - and repay 6b dollars - we are not leveraging -our revenues are therefore ring-fenced for development & recurrent expenditure.- but Kenya gov is FAR from being broke. Tanzania is near broke with 50% of reveue paying debts. Nigeria at 75% is broke...because they are borrowing to pay salaries and pensions...like Tanzania.

Don't even speak about brokerage let alone dragging Nigeria to it...your debt to GDP is now sitting comfortable at $60 while your fake GDP is not even up to $100bn and this is supposed to be paid by 50 million souls... According to report you guys are living large on debt , so technically your debt is your GDP and vice versa

Forget about kenya and deal with your Terrifying Debt to Revenue Ratio . You can cook GDP to have very low gdp to debt - but GDP doesn't pay debt - revenues does
Nigeria Fears Fiscal Crisis as Debts Take Big Slice of Revenue
https://www.pressreader.com/nigeria/thisday/20181027/281552291851708

samorobo:


Don't even speak about brokerage let alone dragging Nigeria to it...your debt to GDP is now sitting comfortable at $60 while your fake GDP is not even up to $100bn and this is supposed to be paid by 50 million souls... According to report you guys are living large on debt , so technically your debt is your GDP and vice versa

This Onyinbo captures Nigeria. You're back to 2005 - and have wasted all the debt relief you got from Paris Club.

Nigeria’s biggest economic problem, though – and the issue that requires real political acceptance from Buhari’s new government – is the country’s growing public debt. Since assuming office in 2015 President Buhari’s governments have added considerably to the nation’s debt, which now exceeds $85 billion. In essence, the nation’s debt is about where it was in 2005-06, just before Nigeria benefited from massive debt relief as part of a program coordinated by the Paris Club, IMF, World Bank and the African Development Bank. To have squandered the debt reduction in just fourteen years and have no tangible economic progress to show for it is beyond disappointing.
https://www.forbes.com/sites/ikebrannon/2019/08/06/nigerias-deceptively-large-external-debt-could-threaten-its-economy/#463118532491

samorobo:



Since you can say this to TZ then I have every right to say the same to you......

Can you remind me again why we are still arguing about this when you knew the bolded this whole time

Even with your exaggerated GDP your per capita is very slightly/ignorable larger

Other developments proves your per capita or generally GDP is fake and don't reflect situations on the ground, we beat you just like or even more than we do to Tanzania.

In 2018 Nigeria's GDP per capita was $2000 your GDP grew by 1.9& while your population grew by 2.6%, how comes your per capita grew to $2200

So your real per capita income must be the same as that of Tanzania

rvp20182:
Forget about kenya and deal with your Terrifying Debt to Revenue Ratio . You can cook GDP to have very low gdp to debt - but GDP doesn't pay debt - revenues does
Nigeria Fears Fiscal Crisis as Debts Take Big Slice of Revenue
https://www.pressreader.com/nigeria/thisday/20181027/281552291851708

You are not saying anything now other than tantrums...go and clear your debt, we don't want you becoming the Greece of Africa.. remember Africa is not Europe so they will be no one to support you financially

Stevoh18:


Even with your exaggerated GDP your per capita is very slightly/ignorable larger

Other developments proves your per capita or generally GDP is fake and don't reflect situations on the ground, we beat you just like or even more than we do to Tanzania.

In 2018 Nigeria's GDP per capita was $2000 your GDP grew by 1.9& while your population grew by 2.6%, how comes your per capita grew to $2200

So your real per capita income must be the same as that of Tanzania

What you just did from A-Z is speculations and tantrums..your uncertainty is vivid....
Hit me when you have reputable links to support the hogwash you wrote

AskiaHarem:


Your opinion......

LOL
Will your denial will make any difference to my opinion or facts? My opinion won't indeed matter for 13 years old African nationalists. No African country (except far away Egypt) can dare to challenge RSA for a war.

pacretus:
rivals like in terms of xenophobia or white supremacist.

In terms of technology. Aircrafts, shipbuilding, missiles, nuclear weapons & a lot. South Africa simply can't be compared to any other African country. It has made strides in nearly every sector.

pacretus:
Which exactly?? Don't feel too important coz they compared with you.

Indians don't need comparison by South Africans to feel important either. Our giant is bigger than naija, RSA or even entire Africa combined in everything except natural resources.

We know where we stand and our egos are shattered by west and our giant neighbor PRC only. And we don't have to make brainfarts either because of lot of practical demonstrations.

samorobo:



What you just did from A-Z is speculations and tantrums..your uncertainty is vivid....
Hit me when you have reputable links to support the hogwash you wrote

"Kenya is ahead of Nigeria in all aspects, facts don't lie" ....the message has been well received

Kenya’s Twiga Foods has raised a total of $30 million from lenders and investors led by Goldman Sachs.

The B2B food distribution company financed $6.25 million of the funding in convertible debt and $23.75 million in equity, classified as a Series B round. IFC, TLcom Capital, and Creadev joined Goldman on the VC side.

Twiga will use the funds to set up a distribution center in Nairobi and deepen its conversion to offering supply chain services for both agricultural and FMCG products.

The Nairobi based company will invest in expanding into more cities in Kenya, including Mombasa. Twiga is also targeting Pan-African expansion by third quarter 2020.

“We’re working on French West Africa…we see significant opportunity in those markets,” Twiga CEO Peter Njonjo told TechCrunch. The company will name the new country (or countries) in the following year, he added.

https://techcrunch.com/2019/10/28/kenyas-twiga-foods-eyes-west-africa-after-30m-raise-led-by-goldman/

Kazikazi there's your cargo barge constructed by Kenya's SECO Engineering Limited


-Hapa Kazi Tu-

Kenya power to reduce blackouts during maintenance to zero with live maintenance Already our power reliability was very good - it's going to get as good as developed nation..
https://www.the-star.co.ke/news/2019-10-28-blackouts-during-maintenance-to-reduce-in-new-kenya-power-drive/

Stevoh18:


"Kenya is ahead of Nigeria in all aspects, facts don't lie" ....the message has been well received

As expected you said nothing of Importance when faced with the irrefutable truth .if you had said anything other than this I would be surprised.

The factless two sentence write up to made was highly anticipated.....

KaziKazi -- Have your say here.
Right groups Human Rights Watch and Amnesty International have released two new reports warning about the shrinking space for freedom of expression" in Tanzania.
https://www.aljazeera.com/news/2019/10/rights-groups-accuse-tanzania-magufuli-rising-repression-191027101530996.html


“The authorities are denying citizens their right to information by administering only those ‘truths’ sanctioned by the state.”

samorobo:


As expected you said nothing of Importance when faced with the irrefutable truth .if you had said anything other than this I would be surprised.

The factless two sentence write up to made was highly anticipated.....

Your argument was lame and vague...., instead of giving what you know it's the correct information you just chose to ignorantly rubbish it

Didn't your GDP expand by 1.9%?
Didn't your population grow by 2.6%
Was your GDP per capita $2000 last year. & miraculously jumped to $2200 this year

rvp20182:
We spend about 30% servicing our debts; our tax + other revenues are approaching 20B dollars annually - our budget approaching 30B dollars . Now Tanzania - an HIGHLY INDEBTED COUNTRY(HIPC) - spend 50% of its revenues servicing debts. You depend on donors to fund 20% of your budget. Donors fund 0.111% of kenya budget.

Kenya projects are continuing. China this year gaves us 1B dollars - to be spend in Nairobi Expressway - and to dualize Nairobi Eastern & Northern by-pass.Japan have given us 1.5B dollars for Mombasa port expansion, Dongo Kundu SEZ/Free port, Southern By-pass including 2 bridges 2kms long and of course the Likoni bridge (which will cost 700M). LAPSET - Lamu 3 berths done - We will probably concesion it to Chinese or Singapore - for transhipment - as we conclude oil pipeline and production with Tullow & Total - pipeline will cost 1B dollars and we expect FID (final investment decision) soon. As you chase investors away in your natural gas sector - kenya will in 2-3yrs be 'swimming' in oil money - shipping upto 80,000 barrels of oil daily.

Nairobi-Mombasa expressway is not a loan - it was PPA - but Betchel wants Treasury to guarantee it. It's under ice because of corruption and cost issues.

SGR extension to Kisumu & Malaba - We are just playing hard-ball because we DO NOT NEED the rail past Naivasha. Its Chinese and Ugandans who need it. Museveni took the pipeline to Tanzania and we are just repayin him. We have asked Chinese to fund Kisumu-Malaba (Grant) and we will fund Naivasha-Kisumu (Loan). The negotiations are ongoing. 15% of our cargo terminate in Mombasa. 60% terminate in Nairobi. The 25% that remain is mostly Kampala bound.

Now your SGR to doom is laughable. 60% of your cargo terminate right there in DarSlums. 20% probably go with TAZARA to Zambia. You took a commercial loan from Southern African bank to fund a railway that will NEVER EVER BE VIABLE. You're building a railway to carry 20% of Cargo - that is max of 3M tonnes per annum going by your current annual cargo of 15m metric tonnes at Dar Port.

You have the patience of a saint! I gave up after the 10th time telling these geniuses the issue isn't the debt itself but the DEBT SERVICE RATIO,in this case 30%. But what to expect from those for whom the concept of per capita is still a mystery!
At the same time our media as usual is being dishonest with misleading headlines.

Stevoh18:



Your argument was lame and vague...., instead of giving what you know it's the correct information you just chose to ignorantly rubbish it

Didn't your GDP expand by 1.9%?
Didn't your population grow by 2.6%
Was your GDP per capita $2000 last year. & miraculously jumped to $2200 this year

Saying our GDP grew by 1.9% last year shows that this conversation is an absolute waste of time.....

Bye boy

tylann:

Nairobi has skyscrapers than the whole of west Africa combined

Liar.

forgiveness:


Liar.

I don't lie Mr ministry of communication tower

Problemkid1:
Oh my, oh my these kenyans are just talking crap which skyscrapers do you fools have in that shitthol I thought we have done this before. Forgiveness has whopped your asses about this stuff Lasgidi aka Lagos has more skycrapers than that ZOO btw, is skycraper development. Leave skycraper and talk about development like, health sector, transportation, roads, education, water, light etc. Yeah? We beat you fools on that foolish Kiberans

Confirm.

tylann:


I don't lie Mr ministry of communication tower

You lied. For your information, there is Ministry of Communication Tower.

vaxx:
listen carefully criminal from the crime infected region ( osu biafra) I know fully well, crime is a usual thing and profitable buisness venture for your kinsmen. At least the celebrated kidnapper ""Chukwudi Dumeme Onuamadike"", is a good testament .... he had made so many fortune in the crime that he even owns a chief title ....

Now let concentrate on Ghana now , how many of your brother and sister are into fraud and prostitution? how many of. them? what do you do for a living in Ghana? kidnapping, robbing , petty phone robbers... which one is the profitable venture you do. You can't involve in cyber fraud , you aren't smart to that level.have you also try and caught in trying to acquire Ghana passport? have you also try and caught in trying to acquire Ghana voters card? This are common petty crimes that your brother are known for? I am more interested in your own crime rather than crime attributed to your people .....writing a list of crime committed by your people will be an act of punishment . so let's limit it to you...

check your kinsmen below.....

I bet some of these guys where probably running successful businesses that got the wrong Ghanaians jealous and so they paid the price for it.

Can't say the same for these guys......

Nigeria's middle class lifestyle

One greatest city in Africa #Nairobi

Central Kenya #Kiambu county

Residential Housing Developments complete or in progress.

Notice how I'm not spamming the same area/ district 1000 times