Kenya is not a paradise that you want to portray. Kenya is a very corrupt country. How much electricity do you produce? Stop talking crap.

rvp2018:
When is IMF bailout team landing in Nairobi from Accra
And fail to honor an international contract has very serious implication - don't do it.
IMF will be back in Ghana soon....CEDIS is not getting any better.

I think Kenya does a better job in social spending and investment than Ghana. Your grandmother if she was in kenya get paid and health insured.

I think only thing you got going for you is minning and oil sector.

But we know from Nigeria - that can as well turn out to be an albatross on your economy.

rvp2018:
We rather import machineries than chinese finished goods or re-badged goods. We use the machine for what you can call import-substitution.

if you use the machinery for import substitution then your imports should go down in the short run
and export should increase.

but that is not the case.

And you think Chinese are stupid Chinese insist on Take or Pay and add collateral on top. So you will not only sign a similar contract but also commit your oil or aluminum.

Just30:
the US government helped in creating a ponzi company that wanted to steal a company of Ghana worth more than 3 billion dollars without any financial backing.
The Ghanaian government found out and cancel the contract in the interest of Ghana.

The US can keep it money, Ghana is creditworthy to borrow from China to help expand the capacity of ECG.
Infact, a simply listing of ECG on the Ghana stock exchange will solve the problem the company has.

Kazikazi:
Yes,if they build a skyscrapers and leave them unoccupied, that is madness. But how can we prove it is unoccupied? Is it not the propaganda of the west which say the skyscrapers are unoccupied?

because whiles they block western media, they allow Russian media and Chinese media

vaxx2:
ponzi pyramid scheme

That is worse than a pyramid scheme. In a pyramid scheme,a guy who took people's money will vanish in a thin air once he notice the scheme is no more sustainable
But for a nation like Kenya to do such a thing is very terrible. The lenders will want their monies,if not paid,they will recolonize the whole nation.There is no way a nation will try to run away from those lenders

rvp2018:
And you think Chinese are stupid Chinese insist on Take or Pay and add collateral on top. So you will not only sign a similar contract but also commit your oil or aluminum.

ECG will not be listed.....but if it eventually listed , that will.be good

The Ethiopia,Kenya,Tanzania line should be extended all the way to the South then!

Soon folks will be begging to sell us electricity at absolutely throw away prices in spite of us having excess of below 1000MW,which is better!

rvp2018:
Yes Uganda are adding 600MW in Karuma dam. Ethiopia are also hoping to sell us 400M. We already have 1000MW and more excess coming. Tanzania the laggards are adding 2100MW when they can hardly consume 1,000MW.

Meanwhile Nigeria and South Africa have such a deficit one wishes we can all export to them.

Kazikazi:
That is worse than a pyramid scheme. In a pyramid scheme,a guy who took people's money will vanish in a thin air once he notice the scheme is no more sustainable
But for a nation like Kenya to do such a thing is very terrible. The lenders will want their monies,if not paid,they will recolonize the whole nation.There is no way a nation will try to run away from those lenders

Do you want to bet? We are a nation of runners. Same wager, $50 or 3billion Tshs.

samorobo:


You edit your pics alot...it is as if you are afraid to share the reality to us...Your first pic which is the one I posted below revealed the true colour and quality of your road...zoom and see what I am saying

are those roads bad
can we compare them to badagary expressway or apapa road to your main port

Kazikazi:
That is worse than a pyramid scheme. In a pyramid scheme,a guy who took people's money will vanish in a thin air once he notice the scheme is no more sustainable
But for a nation like Kenya to do such a thing is very terrible. The lenders will want their monies,if not paid,they will recolonize the whole nation.There is no way a nation will try to run away from those lenders

Always a pleasure to cater to special needs kids kazi

Debt refinancing refers to initiating a new contract, often at better terms than a previous one, to pay off a loan. Fundamentally, both refinancing and restructuring are debt reorganization processes taken to strengthen a person or a company’s financial outlook. Debt refinancing is used on a much broader basis than restructuring, in which a borrower leverages a newly obtained loan with better terms to pay off a previous loan.

In debt refinancing, a borrower applies for a new loan or debt instrument that has better terms than a previous contract and can be used to pay down the previous obligation. An example of a refinancing would be applying for a new, cheaper loan and using the proceeds from that loan to pay off the liabilities from an existing loan.

Refinancing is used more liberally than restructuring because it is a quicker process, easier to qualify for, and impacts credit score positively since the payment history will reflect the original loan being paid off.

rvp2018:
And you think Chinese are stupid Chinese insist on Take or Pay and add collateral on top. So you will not only sign a similar contract but also commit your oil or aluminum.

and the US does not insist on take or pay?


every loan must be paid back
one person wants to own your property so that they can make it efficient and take the profit.

the other person does not care as long as you'll repay the loan.

the third option is to list the company for every Ghanaian to own a share.

So far, Ghana has not signed any oil or alumina for money contract.

Wuoche:
There is nothing wrong with the roads, Nairobi have red soil and its roads will forever remean rusty.

i wonder what is wrong with the road they have no potholes or cracks

he is just grasping at straws

rvp2018:
We rather import machineries than chinese finished goods or re-badged goods. We use the machine for what you can call import-substitution.

Nonsense..what are you import substituting...

You still depend food importation by the way

rvp2018:
When is IMF bailout team landing in Nairobi from Accra
And fail to honor an international contract has very serious implication - don't do it.
IMF will be back in Ghana soon....CEDIS is not getting any better.

I think Kenya does a better job in social spending and investment than Ghana. Your grandmother if she was in kenya get paid and health insured.

I think only thing you got going for you is minning and oil sector.

But we know from Nigeria - that can as well turn out to be an albatross on your economy.

And I put to you cedis has been in constant stability for the past four month and the foreing reserve of 9 billion dollar suggest that cedis will be stable thru out this year. it is your economy that needs a prudent hand. your economy is sick.. Get over your unemployment ratio. Ghana unemployment is dwindling drastically . going below 3 percent this year .

.Your mate are Tz and Uganda. don't come down west . even Senegal and ivory coast will perform better than you.. ..

When it comes to social development, Human index development expose you. what is the total number of children schooling in Kenya public schools. As I speak, over 1.2 million of school children are under free feeding , free education and free boarding..... we are not using all our education budget to pay salaries .. we are building future and schools .....


You guys has no efficient health insurance scheme. come to Ghana and see what is called health insurance subsidy which even cover as far as brain surgery not that kind of ponsi in ruwanda ...

Ghana macroeconomic situation remains favourable at a growth rate of 7 percent

Inflation is now at 7.6 % and if you look at the trend over the past 15 months or so it's not expected to rise...

samorobo:
Kennyswag and chisomtvhi be done with this nonsense already...weda you like am or not, you both are Nigerians that shares the same country....period

let them continue it is getting interesting

gallivant:


Clearly, much better than Quora.

You are right...I love the way vaxx is analysing things...
It's been very educative.

tylann:




let them continue it is getting interesting

But not more interesting than learning about your country economy..You better join me to learn, this moment is crucial

GENEGIRIA:
Kenya is not a paradise that you want to portray. Kenya is a very corrupt country. How much electricity do you produce? Stop talking crap.

Lol you.people are provoking petrodola ooooo....Anyway for the first time I agree with what he said..

vaxx2:
And I put to you cedis has been in constant stability for the past four month and the foreing reserve of 9 billion dollar suggest that cedis will be stable thru out this year. it is your economy that needs a prudent hand. your economy is seek.. Get over your unemployment ratio. Ghana unemployment is dwindling drastically . going below 3 percent this year .

.Your mate are Tz and Uganda. don't come down west . even Senegal and ivory coast will perform better than you.. ..

When it comes to social development, Human index development expose you. what is the total number of children schooling in Kenya public schools. As I speak, over 1.2 million of school children are under free feeding , free education and free boarding..... we are not using all our education budget to pay salaries .. we are building future and schools .....


You guys has no efficient health insurance scheme. come to Ghana and see what is called health insurance subsidy which even cover as far as brain surgery not that kind of ponsi in ruwanda ...

Ghana macroeconomic situation remains favourable at a growth rate of 7 percent

Inflation is now at 7.6 % and if you look at the trend over the past 15 months or so it's not expected to rise...

Minute difference btw Kenya and Ghana hdi..and Kenya is rising

TayserMahri:



Always a pleasure to cater to special needs kids kazi

Debt refinancing refers to initiating a new contract, often at better terms than a previous one, to pay off a loan. Fundamentally, both refinancing and restructuring are debt reorganization processes taken to strengthen a person or a company’s financial outlook. Debt refinancing is used on a much broader basis than restructuring, in which a borrower leverages a newly obtained loan with better terms to pay off a previous loan.

In debt refinancing, a borrower applies for a new loan or debt instrument that has better terms than a previous contract and can be used to pay down the previous obligation. An example of a refinancing would be applying for a new, cheaper loan and using the proceeds from that loan to pay off the liabilities from an existing loan.

Refinancing is used more liberally than restructuring because it is a quicker process, easier to qualify for, and impacts credit score positively since the payment history will reflect the original loan being paid off.

Should be complusory reading for the many ignorant bonobos here

Kazikazi:
That is worse than a pyramid scheme. In a pyramid scheme,a guy who took people's money will vanish in a thin air once he notice the scheme is no more sustainable
But for a nation like Kenya to do such a thing is very terrible. The lenders will want their monies,if not paid,they will recolonize the whole nation.There is no way a nation will try to run away from those lnders

Neocolonization is coming fast

tylann:


are those roads bads
can we compare them to badagary expressway or apapa road to your main port

You can't compare your colourless, less quality road to a construction site?.

The comparism man

rvp2018:
Minute difference btw Kenya and Ghana hdi..and Kenya is rising

in economics. 0.1 isn't a joke talkless of the multiple number ....

Kazikazi:
You surprise me.You are the one who asked for gov hospitals and offices etc. I posted head office of ports authority in Tz,u were shocked.You then decided to say skyscrapers are not human development! Why did u ask for gov offices?
Anyway,let me help u.Let digest Tanzania's ports authority headquarters in Dar es salaam.
They built the tower to host authority offices and the rest of space is rented out. In this tower,there is conference hall which is used by anyone who pays,there are other office spaces rented by clearing and forwarding agents,even a normal guy like u can rent an office there.So,the authority is making a profit while at same time they have a very posh offices to use.No other port in Africa has such posh offices.The Kenyans in Mombasa want to do similar project. They are copying us.
So,a skyscraper like this brings money! The railway too brings money.In Tz,a skyscraper can do a return on investment for about 8 to 10 years.Our port authority did what we call innovative thinking!.Other Africans are welcome to imitate that.

we are not copying you it has become a necessity that we build a office complex for KPA
because mombasa port is always expanding and lamu port is also comimg up

vaxx2:
in economics. 0.1 isn't a joke talkless of the multiple number ....

but as of 2017 it was 0.001 and Kenya had grown faster than Ghana so I bet when they release next we will be equal.What separated us was the fast declining Equitorial Guinea.

vaxx2:
I am not going to waste my time on the meaningless joke . the kind of infrastructure happen in tema harbour don't even work in mombasa the eastern Africa biggest port.. .


https://www.youtube.com/watch?v=0ViNaO1bhSE



This is Ghana port office again....



let's talk on another thing. you guys don't have hospital , you don't even have ports ....what do you want talk about again. we can do airport



Do you know what 2.3 billion dollar worth of investment will bring ?

mombasa is always under expansion

and lamu port which will dwarf everything west africa will put to the table

pacretus:
Kenya 0.5 Nigeria 0.5 nothing special.

Kenya export $5B/imports $18B.
Starvation is a norm Kenya. Your President suddenly added lots of weight, why?
He was starving before he became president.
Kenyans smell of poverty, they look broke all the time, except the few elites who are oppurtuned to steal govt money.

show me where kenyans are starving

in hdi we beat you by a huge margin
our president was born rich

how much has your elites stole from you

tylann:


mombasa is always under expansion

and lamu port which will dwarf everything west africa will put to the table

Give me the amount you are spending on lamu and what is is expected to contain...



for example , The Tema port is expanding on over 120 hectares of lsnd......

I am at JKIA and I think the airport complex including hotels & cargo processing is bigger than ACCRA CBD.

rvp2018:
but as of 2017 it was 0.001 and Kenya had grown faster than Ghana so I bet when they release next we will be equal.What separated us was the fast declining Equitorial Guinea.

Ghana free education policy will be captured next year and when that is piloted. you will read the number differently again....

rvp2018:
I am at JKIA and I think the airport complex including hotels & cargo processing is bigger than ACCRA CBD.

Think it is good

rvp2018:
I am at JKIA and I think the airport complex including hotels & cargo processing is bigger than ACCRA CBD.

Will be there in few hrs time... if you have a sister On a serious note will be there 8PM.

Thing with Ghana is their country doesnt look sophisticated but they actually are by most parameters. Would be wrong to judge Ghana by her pictures. Their citizens do enjoy a good quality of life than most africans