Kazikazi:
I posted a gov hospital u called it Private. When we gave u proof,u changed and shout" u guys have no hospitals "
Below is a hospital u said a private while is gov hospital in Pemba.
I wish u can show me where your cement consumptions goes

And I said if that is your best, then it is not hospital compare to this which is not a leading hospital in Ghana. it is not even a teaching hospital ..


don't just talk about development when you guys are miles behind


will you compare your hospital to this?

Nigeria spend 70% of budget repaying debts. Typical country budget is 30% salary & pension; 20% recurrent expenditure: 20-30% to repay debt: and remainder 10-20% for development. Now if you already spend 70% to repay debt...what will you pay salaries or pension with?

Tanzania follows with 50%.

Kenya is at comfortable recommended 30%.

samorobo:


And the funny thing is that the debt keeps growing while adding more to the previous one....

Rvp and you have the hits to say Nigeria borrow to pay salaries when you borrow to pay old debt...like this is super insane.

vaxx2:
Dollarization in Ghana is historically related to trade and not goverment issues persay . Ghanaian buisness men loves the hard currency due to their import focus buisness. You don't buy goods with cedis , You buy with hard currency . Ghana of 30 million population importing goods worth over 13 billions dollars shows Ghana import than kenya per head. so the more Ghana import, the more the demand on dollars.......You don't talk about economy without checking on the constrain.

Quality is a subjective word , Every individual can claim it, the fact remain , TZ export more foods than you guys despite not having efficient harbour like that of mombasa which is regarded as the best port in east Africa....Uganda as well is not doing bad ....

Your goverment is only window dressing your currency , what you are doing is not much diffrence to what happens to Turkey currency. it is your debt stock that will suffer it and it will in the end back fire . social development goals will failed to materialized , when debt to GDP servicing ratio become very high , Your own economy will crumble for failing to grow above 6 percent which is considered as the moderate growth for developing countries.

A like for this...Very educative

vaxx2:
At indepence, only few country can claim tonne richer than Ghana that was when gold value was very high and dollars hasn't become the major reserve currency. not even Nigeria was richer than Ghana. so where comes the historical untrust of the cedis. what causes dollarization is simply trade. Ghana do much more import per head than kenya and Tanzania in combine . you can imagine the pressure on dollar by buisness men...

Ghana import more of machines and cement product. that is hard currency ( Ghana so has a lot of cliniker which is yet to be tapped).most of what you Kenyans are largely food . food is taking a larger chunk of your forex.

I just repeat TZ makes more money on export than you guys and this is largely blame on your overvalued currency.

And the astonishing part of your economy is the attitude of using debt to pay debt . what a mess of an economy? your country is using the money it has borrowed to repay another debt, no new wealth is been created, which is causing your redit rating to fall

This is the reasons investors are demanding a higher interest rate to compensate for their risk since they know they will lose their money.

Kenya dept is costlier to repay ...your economy is in the hands of bad management .

The story of taking debt to pay debt is so terrible.That is not economy!

Stop talking nonsense! I don’t want this to become a Ghana/Kenya altercation. But that is exactly what will happen if you don’t start talking with sense,huh?

Ghana is coming from a very difficult past. Ghana has come a long way since the major economic crisis of the late 70s and early 80s, and consistently making solid progress. I think you should appreciate that. Ghana is not competing with your country. Ghana is building for itself a future that its citizens will be proud of. So just shut up!

rvp2018:
The more we debate - the more I realize just how light weight you're in these stuff.

Let stick to facts - not our wishes like Kenya will become GREECE. Facts as of today.

1) Ghana is still under IMF BAIL OUT PROGRAMME.
2)This is GHANA 16th IMF BAIL OUT PROGRAMME. You're only independent in paper.
3) CEDIS is annually deteriorating. Next year you can bet 6 CEDIS to a dollar.
4) Don't talk about debt management when you ran still under IMF BAIL OUT.

In short the more we examine Ghana - the more we realize the rosy story is actually fake.

rvp2018:
Nigeria spend 70% of budget repaying debts. Typical country budget is 30% salary & pension; 20% recurrent expenditure: 20-30% to repay debt: and remainder 10-20% for development. Now if you already spend 70% to repay debt...what will you pay salaries or pension with?

Tanzania follows with 50%.

Kenya is at comfortable recommended 30%.

You know if only Naijas were alitte bit smart they would just keep quiet...

JaceBlaze:
As if I wasn't a proud South African already,and Springboks bring the Rugby world cup home?


South Africa conquers all over again.

Big up Siya Kolisi First nigga captain

Kazikazi:
The story of taking debt to pay debt is so terrible.That is not economy!

What is it kazi..

JaceBlaze:
Thanks


You should play us more often to be better

When we grow up we wonna be like Southie Naaah.

vaxx2:
And I said if that is your best, then it is not hospital compare to this which is not a leading hospital in Ghana. it is not even a teaching hospital ..


don't just talk about development when you guys are miles away..


will you compare your hospital to this?

What is that comparing with this?
Is that what a higher hdi,a higher per capita can do to a nation?

Make belief from a country that have been under bailout for 16 times - out of 60 yrs it has been independent . That is roughly bail out every 3 yrs. As soon as you're done with one IMF bailout - you're immediately admitted to another.

Truly the sick man of Africa - no wonder Nigerian laugh when they hear Ghana . The symptoms are usual the same - currency depreciating so badly, debt repayments become impossible, import become expensive and inflation rises, Interest rate shoot through the roof etc - and IMF send an ambulance down Accra to try to resuscitate Ghana once again. Must be the best job to do in Breton hood, Washington Dc.

The problem I think is foundation that Kwame planted in Ghana...Communism.

As regard Kenya - we import about 18-20B - about 1-2B is food - please do some research.

Kenya economic fundamentals have not changed much - for 30yrs we have had underlying inflation around 5% - we have had very stable currency - we have had generally low interest compared to SSA average - we have had robust debt management.

That is why Kenya is Africa largest non-mineral economy - and quite advanced - outside SA in SSA.

vaxx2:
At indepence, only few country can claim tonne richer than Ghana that was when gold value was very high and dollars hasn't become the major reserve currency. not even Nigeria was richer than Ghana. so where comes the historical untrust of the cedis. what causes dollarization is simply trade. Ghana do much more import per head than kenya and Tanzania in combine . you can imagine the pressure on dollar by buisness men...

Ghana import more of machines and cement product. that is hard currency ( Ghana so has a lot of cliniker which is yet to be tapped).most of what you Kenyans are largely food . food is taking a larger chunk of your forex.

I just repeat TZ makes more money on export than you guys and this is largely blame on your overvalued currency.

And the astonishing part of your economy is the attitude of using debt to pay debt . what a mess of an economy? your country is using the money it has borrowed to repay another debt, no new wealth is been created, which is causing your redit rating to fall

This is the reasons investors are demanding a higher interest rate to compensate for their risk since they know they will lose their money.

Kenya dept is costlier to repay ...your economy is in the hands of bad management .

mtisTheQubit:

What is it kazi..

I quoted a story of Kenyan economy of taking debt to pay another debt

JaceBlaze:
2007,12 years from our first win

rubbing it on our noses

Kazikazi:
What is that comparing with this?
Is that what a higher hdi,a higher per capita can do to a nation?

North Korea is a notoriously secretive place that is often hostile to outsiders, especially Western journalists. Which means that getting an unfiltered, unvarnished look at everyday life inside the Hermit Kingdom is incredibly rare. Most of what the outside world gets to see is carefully crafted regime propaganda or the occasional heavily edited, stylized documentary.
i might add its led by supreme leader just like another (communist ) country i know..

TayserMahri:


When we grow up we wonna be like Southie Naaah.

The question remain unanswered..
Who will then run around the world showing off his ribs?

Kazikazi:
What is that comparing with this?
Is that what a higher hdi,a higher per capita can do to a nation?

Isn't most of your budgetary funding coming from European aid? Why would you even think of competing with Ghana?

Just30:
You have not had a serious inflation problem because you have capped inflation and this is a reason why growth is stagnating.

yes Ghana went to IMF through an IMF programme to be able to resolve an investor confidence problem that resulted from our energy crisis.
This is what a transparent economy means and not because Ghana was even close to defaulting because we never came close to defaulting.

Credit agencies are busy giving the Ghana economy a positive outlook.


You are using once your revenue grows as if your revenue is going to grow anytime soon
your economy has not expanded in real terms and value.
This is why purchasing power is contracting and real estate is contracting.

do you want to wait till tourism starts contracting before you realise you have a major problem?
Currently, you have hit a threshold whereby you revenue cannot support debt repayment any longer.

so you are borrowing to pay old debts, in order to be able to do this
you have increased your debt threshold from 50% to 86% or 100%

meaning you are becoming another Greece

I wouldn't agree more they are they next Greece...O have told him so and he went mad at me...

Don't you think their GDP should be questioned, I mean who grows at 5.6% and experience a dwindling real estate sector, and massive Layoff workers in the formal sector...Did he forget to tell you companies are relocating away from the same country growing at nearly 6%..

Kazikazi:
You were lucky my team wasn't there to slaughter u! Otherwise,you could know what is haka

Bhuahaha kazi, your team is the Twigas. Only thing they know is losing

In the 1970s, expatriates and Tanzanians regularly played in the national team in an annual competition against Kenya. The first match for both Kenya and Tanzania (Tanganyika at the time) took place in 1954 at Arusha. It was held shortly before the First Tuskers Copperbelt tour later that year and served as a selection trial for the tour. This match was won by Kenya though the exact score is not known.

Kazikazi:
The question remain unanswered..
Who will then run around the world showing off his ribs?

Did you place your bet kazikazi?

samorobo:


I wouldn't agree more they are they next Greece...O have told him so and he went mad at me...

Don't you think their GDP should be questioned, I mean who grows at 5.6% and experience a dwindling real estate sector, and massive Layoff workers in the formal sector...Did he forget to tell you companies are relocating away from the same country growing at nearly 6%..

How many naijas have jumped to extreme poverty since you started posting...

Kazikazi:
You were lucky my team wasn't there to slaughter u! Otherwise,you could know what is haka

What Tanzanian team is that? Hohohoho

Kazikazi:
The question remain unanswered..
Who will then run around the world showing off his ribs?

KIPCHOGE



https://www.youtube.com/watch?v=sImm0V9doeY

gallivant:


What Tanzanian team is that? Hohohoho

maji maji allstarts ..

mtisTheQubit:

maji maji allstarts ..

rvp2018:
CEDIS will not be appreciating anytime soon - it has depreciated what 5000% since 2008 . That right there is crazy. Kenya has deprecated by around 70 to 100shs in the same period...about 30%.

CEDIS is on a free-fall - no amount of denial - will help it. It didn't help previously until you got tired of the ZEROS.... and decided to peg it to a dollar...now the zeros are getting added back.

Free -floating currency doesn't mean it depreciate that serious. USD versus British Pound or Euro plays within a very small margin.

So cedi is another crypro-currency....ok that was a joke....

When you have a well-diversified economy - one or two sector can go down - without affecting the overall health of the economy. That is kenya for you. We can sometimes have tourist going down due to terrorism - or drought making our agricultural production reduce - but rest of the economy hold it up.

Now for you - Oil price come down 10 dollars - and you're gone straight to ICU.

samorobo:


I wouldn't agree more they are they next Greece...O have told him so and he went mad at me...

Don't you think their GDP should be questioned, I mean who grows at 5.6% and experience a dwindling real estate sector, and massive Layoff workers in the formal sector...Did he forget to tell you companies are relocating away from the same country growing at nearly 6%..

Kazikazi:
I quoted a story of Kenyan economy of taking debt to pay another debt

You should have quoted the one which shows Safaricom alone is bigger than your top 20 companies combined. If in doubt ask for the quote.

rvp2018:
CEDIS will not be appreciating anytime soon - it has depreciated what 5000% since 2008. That right there is crazy. Kenya has deprecated by around 70 to 100shs in the same period...about 30%.

CEDIS is on a free-fall - no amount of denial - will help it. It didn't help previously until you got tired of the ZEROS.... and decided to peg it to a dollar...now the zeros are getting added back.

Free -floating currency doesn't mean it depreciate that serious. USD versus British Pound or Euro plays within a very small margin.

bring the basics of your math

gallivant:

Yes they sprinkle stuff on their bodies before a game...helps alot ...wonder why it didnt work when they faced the Germans...

samorobo:


Stop decieving yourself...ayou are an import dependent nation with a secret valueless currency....just say the word Kenya is a zoo

who imports machinery and their export value doesnt grow

gallivant:


Isn't most of your budgetary funding coming from European aid? Why would you even think of competing with Ghana?

European union don't want to support Tz because of gov stance on gays and lesbians.Now days,u can hardly see a cent from European dudes

Imagine it was something like 0.8 cedis to a dollar in 2008 after they got tired with zeros - and changed their currency to match the dollar

Now about 10yrs later - that 0.8 has turned to 5.5 cedis to a dollar.

Annual depreciation of 50%. If you were to make a mistake and keep your bank deposit in CEDIS and needed to convert to dollar - every year you'd lose 50% of it.

mtisTheQubit:


So cedi is another crypro-currency....ok that was a joke....