Just30:
which company are you referring to

that you cant mention

mtisTheQubit:

Yes i saw cocoa there ..10%..so your economy basically is mineral driven just like the zoo...Diversify ,..diversify niggas

mtisTheQubit:

So basically Ghana dont do manufacturing..its a mineral based economy..just like Southern Sudan or Libya or chad?

rvp20182:
If we are too poor why would luxury brands camp in kenya. The man from IMF colony - Kenya beat your refugee country Nigeria leave alone Ghana.

Kenyans spent 500m dollars on luxury goods. Nigeria 400M dollars. IMF colony of Ghana nowhere to be seen.

https://www.businessdailyafrica.com/markets/marketnews/Wealthy-Kenyans-push-luxury-spend/3815534-3893690-m8u2e7/index.html

This is Kenyan dealership of Porche at Sameer Business Park Nairobi



Jaguar & Range Rover dealership at Delta House Westland

surplusk:



I notice u have failed woefully don't tell me this is not Ghana.

GENEGIRIA:
Fueckeduppedness Folks, kenya is for sale kenya is broke who wants to buy that crap zoo? the fools are "swimming" in massive debts this the latest news hot hot news

Kenya selling residency permits and citizenship to repay debts

Tuesday November 19 2019


In Summary

The fear is that in few years, the national debt burden will reach unsustainable level and risks of economic decline.

Governments today are raising revenues through sale of citizenship, passports, permanent residency and special visa programmes to foreign nationals.


State selling residency permits and citizenship to shore up revenue

Monday November 18 2019

The East African Community, Republic of Kenya passport

The East African Community, Republic of Kenya passport. PHOTO | WILLIAM OERI
In Summary

The fear is that in few years, the national debt burden will reach unsustainable level and risks of economic decline.
Governments today are raising revenues through sale of citizenship, passports, permanent residency and special visa programmes to foreign nationals.
Countries across the globe, from the US, to the small island nations of the Caribbean have adopted similar packages to prop up their economies.

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​
IBRAHIM KHAMIS
Kenya’s population stands at 47.5 million with every child born today owing the lenders $1,300 (Sh130,000).

The country’s domestic and foreign debt is now at dreadful Sh50 trillion ($50 billion), 15 percent beyond the recommendations set for developing countries by the International Monetary Fund (IMF).

This is in addition to the current annual borrowing of nearly $2 billion (Sh200 billion) to retire matured loans, finance infrastructure and address other budgetary expenditures.

The fear is that in few years of excessive borrowing and increasing debt ceilings without growing the economy or creating new innovative tax base, the national debt burden will reach unsustainable level and risks of economic decline.

SELLING CITIZENSHIP

Governments today have added a new arsenal for raising revenues through sale of citizenship, passports, permanent residency and special visa programmes as products to foreign nationals to complement normal tax base of the country. They are tailored to finance sp

gallivant:


YouTube has ruined your life Sammy. Majority of Nigerians have never seen a private jet.

rvp20182:
Your contradiction is something. What an oxymoron.

samorobo:


Shut up and stop making noise....I swear when it comes to CArs only SA can speak when we speak.... Nigerians generally loves flamboyant lifestyle that you can never afford...just zip the car story cos this day Boyz are hustling to buy private jet , rollce Royce, Ferrari, not that 2004 toy pics to you litter around your broken roads.....

samorobo:


He is not a Ghanaian...he doesn't even know his nationality.... recently he claims to be a botswanian..

samorobo:



And BL has shattered your destiny....I can bet my last finger not more than 15 kenyans have ever seen a private jet....

Go celebrate your 2001 toy kIA picanto

Just30:
So now we are in English Literature
Funny dumb Kenyan

We will all wake up to a BOOM sound one morning and not blink an eye
Because we were expecting it from
the fraud-ridden onomatopoeia Kenyan economy

rvp20182:
And you think kenyans don't own Rolls-Royce? Google Rolls-Royce in Kenya and see what you get.

Beside your dude is taking photos of rolls-royce in DUBAI

All these are in Nairobi...3 new ones arrive in plane


Many you can see around.

Just30:
which company are you referring to

that you cant mention

rvp20182:
Pictures don't lie. You don't need to see any stats to know if somebody or some country is rich or not. Ghana is POOR.

vaxx1:
I have never hear of that before? or crazy

rvp20182:
Nearly in every imaginable sector and sub-sector kenya companies have expanded regionally.

GENEGIRIA:
oh dear oh dear All that glitters......


More debt please, Kenya is dead broke

Kenya is facing a debt crisis but government officials don’t seem to know what to do about it. The obvious route is to borrow some more to pay old debts and finance the budget.

An admission by the National Treasury that the government is broke and may be unable to finance this year’s Sh3.02 trillion budget if Senate rejects an increase in the debt ceiling to Sh9 trillion exposed the sad truth.

Experts have raised the red flag that the country cannot take up more debt but from acting National Treasury Cabinet Secretary Ukur Yattani’s admission, we could be too deep in the hole that more debt is what will save us.

DEBT

The Transport Cabinet Secretary James Macharia has already announced that the Cabinet had suspended the Mombasa-Nairobi project for at least two years to allow the country’s debt levels to drop, while also prioritising other important projects. Earlier, United States Ambassador to Kenya Kyle Carter had said that the onus was on Kenya to sort the debt issue and that the US government was fully committed to support the building of the expressway.

The issue of debt also emerged during a meeting of the Senate Committees on Delegated Legislation and Finance and Budget and the Institute of Certified Public Accountants of Kenya (Icpak) at the Kenyatta International Convention Centre - and the government has been pushing for an amendment to raise the debt ceiling to Sh9 trillion to allow the country undertake more projects and take more loans.

gallivant:


Take away the Gold and oil you are looking at a miniature Nigeria.

Just30:
Google map doesnt lie

Kenya is a slummy poor country

rvp20182:
Yes basically minerals, oil, and cocoa. And maybe sawdust

tylann:


blogs

kenya is second only to south africa in market of luxury goods

our real estate attracts european billionaires

vaxx1:
what a news ?

rvp20182:
What textile do you export. KENYA IS SUB SAHARA AFRICA LARGEST TEXTILE EXPORT.

Just30:
very soon you'll be eating Ghanaian rice
eating maize from Ghana.


Wearing Ghanaian textiles

as we become your new lords

tylann:


imagine people posting here packed rice as a great achievement

what if ghana had no mineral resources

samorobo:



OMG like are you seriously doing this?....Are you serious or you are joking.....
Don't tell me you are trying to compare your self with us in luxury cars....surely this must be a joke...

Stand just a minute in Lagos(Anywhere and any part) and see if you won't see a car worth at least N18m passing in the poorest regions....let not even speak of posh locations ..

mtisTheQubit:

lets start with textile...how big is it...

Just30:
textiles from where?

even the textile export of Benin is larger than what Kenya will ever be able to produce

please stop lying