The private sector is raising 100 million dollars

vaxx1:
Ghana coronavirus funds as at yesterday has reached 2 million dollars from donors

Just40:


VALCO is 100% owned by the Ghanaian government hence it is Ghana money



we will list it on the Ghana stock exchange after it becomes more profitable

Then you dont understand how this model works. The money doesnt go to Valco, it goes straight to China and the West. The west then decides what infrastructure for Ghana is commensurate to the metal worth they received.

Austine1212:



development index is important

A country may have higher PPP but in reality its a developing 3rd world country

A low income country

Yah,I agree. Development index if measured correctly is the best way.Nominal GDP should not be allowed at all since many nations uses different currencies and some FDI usually don't benefit a common man

Just40:
THE KENYAN ECONOMY will come out of corona and the unfolding recession in a very deep shit

We know that
You all have been praying for Kenya's economy to go under it will not

vaxx1:
There is no comparism here , you might be doing a bad job in testing. at least someone in your country is requesting for your MP to be tested. that shows the data from your laboratory might not be accurate enough

dude, as usual, you talk of stuff on paper...Tayser showed you Ghana numbers an they are bad...can't hide that man...so please stop pretending that ghana got a silver bullet an stuff..just accept facts as they are...chest-thumping with nothing is for fools...Corona is just starting to flex its muscles in africa..poor africans

Just40:
The private sector is raising 100 million dollars

yeah. kwame despite pump in 100 thousand dollars yesterday while two Chinese company also pump two hundered thousand dollars respectively.

mtisTheQubit:

so if its the same currency an you slash zeros aint you not making it strong...an what were the impacts of ths ..explain

You dont make a currency strong by slashing zeros
You slash zeros for a re-denomination process

no one need to carry 1 million dollars in bags when 1 million dollars is possible to fit in 2 hands.


The impact of doing this has caused wages to increase 20 fold and the economy to increase 5 fold in just 10 years.

XhosaNostra:


Is he really though or are you guys just messing with him?

Yes he is
Samorobo was calling boys here dear every time she-he quotes

TayserMahrii:


show me sth nice only no bad ting

Who are you talking about the 'he' ?

The comrade you claimed did the job.

Just40:
sorry

learn the difference between loans and debt

our debt adds up to 38 billion dollars and we are using our revenue to pay


Kenya's debt is approaching 80 billion dollars that it cant pay and therefore borrowing more so that it wont default.
But we all knows how that story ends

You wont understand anything about debt repayment. Not when your entire existence is pegged on IMF loans

tylann:

Yes he is
Samorobo was calling boys here dear every time she-he quotes

Lol, I see.

forgiveness:


Emporis of course.

I go with Emporia

TayserMahrii:


We are not so dumb. How had you been using the currency all those years? Did you suddenly realize that the calculations were too cumbersome? The truth is that as soon as the Cedi's zeros hit the roof due to runaway depreciation you slashed the zeros.

We realized our economy was bound for major growth and the only thing holding it back was our strong Cedi

Just40:
You dont make a currency strong by slashing zeros
You slash zeros for a re-denomination process

no one need to carry 1 million dollars in bags when 1 million dollars is possible to fit in 2 hands.


The impact of doing this has caused wages to increase 20 fold and the economy to increase 5 fold in just 10 years.

i see lies here...so you slash zeros an wages go up...again do you understand economics basics

This trend has weird people
People mocking Kenya About coronavirus while they countries face the same virus

mtisTheQubit:

guys have no clue about the virus..just running their mouth

the only clue Kenya got of the virus was taught them at Nuguchi Medical labs in Ghana
A level 4 biosafety lab

mtisTheQubit:


Check ths..

Decades of high inflation devalued the new cedi, so that in 2007 the largest of the "new cedi" banknotes, the 20,000 note , had a value of about US$2. The new cedi was gradually phased out in 2007 in favor of the "Ghana cedi" at an exchange rate of 1:10,000. By removing four digits, the Ghana cedi became the highest-denominated currency unit issued in Africa. It has since fallen to about 20% of its original purchasing power when the currency was redenominated.

Gh can offer free lessons on currency mismanagement so the former one was called the new cedi, and the current one is the Gh cedi. must be running out of names

mtisTheQubit:

kaz but the US got one of the highest ppp in the world...so its a real man...

lemme just say ths...most of folks here dont understand the impact of corona virus...trust me you should be scared

We are not sure how much damage is awaiting us.But the impact of corona will depend largely on how long it will remain uncontrollable. If it goes for two,or 3 months more from now,I think we will just go back to barter trading

mtisTheQubit:

dude, as usual, you talk of stuff on paper...Tayser showed you Ghana numbers an they are bad...can't hide that man...so please stop pretending that ghana got a silver bullet an stuff..just accept facts as they are...chest-thumping with nothing is for fools...Corona is just starting to flex its muscles in africa..poor africans

learn to be to be smart for once . I try as much doging your stupidity but you seems never to be reasonable. you can never know your country more than your politicians. the guys in the lower house request that your MP be tested as they are recently exposed to Coronavirus.

GHANA has an efficient system so there is no chance to lie here . the figure out there is what we have at present with two recovery and five death. infact there is possibility for the number to increase as we are going soon for massive testing.....

Just40:


I heard Kenya is now exchanging livestock for more loans

Proof

Just40:
the Cedi was already 1:1 to the dollar

when we revalued the Cedi, that was when it became know to others.

How do you mean it became know to others?

forgiveness:


You go find tire. Continue

Concrete poles wont cut it

TayserMahrii:


Prove that Kenya has ever borrowed to pay salaries

go and ask your finance ministry for the info, you are entitle to it.

A World Bank review of the country’s economy found that overall borrowing in the financial year 2015/16 was more than development spending. Our calculations showed this was by KSh6.7 billion.

Some of this money could have been used on recurrent expenditure, against the government’s own rules, the bank said, and against the administration’s stated observance of these guidelines

tylann:
This trend has weird people
People mocking Kenya About coronavirus while they countries face the same virus

Yah everyone is affected.In tourism sector,TZ is much more affected than Kenya since TZ Tourism receives more cash from it than kenya

TayserMahrii:


photos to prove!! Gbam!!!

I hope you don't ask for receipt to show proof of purchase from there after seeing this.

Now, it's clear and confirmed that Nigeria has a mall bigger than that in Kenya. Gbam!!!

vaxx1:
learn to be to be smart for once . I try as much doging your stupidity but you seems never to be reasonable. you can never know your country more than your politicians. the guys in the lower house request that your MP be tested as they are recently exposed to Coronavirus.

GHANA has an efficient system so there is no chance to lie here . the figure out there is what we have at present with two recovery and five death. infact there is possibility for the number to increase as we are going soon for massive testing.....

stop with the usual emotions dude..
The reason MPs are to tested is coz they travel alot...thus it...
Every country in Africa is testing for the virus so no biggie there...fact the numbers in africa will increase.....

samorobo:


Ednited you are back here...

Lol feel.like this thread is back to where it was about this time last year when we had all sorts of African nationals presence...I mean.look at xhosanostra, afterthought all this months..lol

Yeah, it is really nice having people from every corner. I really enjoy it.

They never knew when they could get rid of this thread haha, but it survived beacuse we are all kind yeah

mtisTheQubit:

First you don't hang around here much...heard you like romance section...ednited takes a yearly leave for ethi festivals or other stuff...Sammy ya never know..whether is a gal or a boy..

hahahaha @ethi festivals

mtis

@ ednited,how are u doing!

Carmit:

Y'all in Kenya have only 4 airports?
May I ask... What's the big deal in have 31 airports dude?
Are you bragging over 53 airstrips?
There's no basis for this argument of yours.

I don't just cook numbers you know. I use reference.
https://en.m.wikipedia.org/wiki/List_of_airports_in_Kenya

Kazikazi:
Yah that's a great faith.impressive. I love that
It is also a good tourist attraction. You folks have a lot of stuff to showcase to the world.

Yeah. Generally, Africa has a lot to say. We in here don't even know much about each others country

TayserMahrii:


I hope that debate comes up very soon at emporis or other reputable sites. In fact now that i have nothing to do lemmi login to one of the reputable sites and post a question...i'll rem to mention your name alongside the three pillars

You will be disappointed to come out with nothing aftermath.