Austine1213:


Lol youyou so funny

Austine1213:


Basically SA has more influence in east africa thanthan kenya lol

Shma:
hey dude! , FYI, the white S. A(investors) operating in Kenya are very little as compared to other countries especially in West Africa.

Austine1213:


Lol tea and flower country

Austine1213:


Vodacom owns large chunk of safaricom lol

Mkenya2019:
Said who - we have been East Africa's biggest foreign investor for 30yrs outside of the likes of UK/China/India. For one South Africa company in TZ or Uganda or Rwanda - we have 10.

And we are routing South Africa companies - and now you'll find kenya firms investing as further down as Mozambique and Zimbabwe.

Mkenya2019:
Cheap is relative. In Switzerland - everything is expensive - but people's incomes are high. A bus driver earns 10,000 dollars a month.

So don't compare Kenya with Nigeria - without factoring incomes. Kenya private in the army earns more than a Nigerian major.

Now I am not sure where you studied economics - but small inflation is good - but double-digit inflation is very bad - and zero inflation is also bad.

It's not some conspiracy that Nigerian are getting poorer and poorer..while Kenya is lifting 10M people out of poverty annually or 1M every year.

Kenya inflation is great.

Inflation rate compared to previous year
2020* 5.1%
2019 5.2%
2018 4.69%
2017 7.99%

Inflation rate for Nigeria - 13% annually - manufacturing poverty at an industrial scale.
2021* 12.37%
2020* 13.39%
2019* 11.4%
2018 12.09%

Austine1213:


Vodacom owns large chunk of safaricom lol

Austine1213:


Lol we run africa

Mkenya2019:
Vodacom is partially owned by British Vodafone - which did a share swap in Safaricom - where it owns 34%. That 34% was Vodafone stake.

Austine1213:


Lol we run africa

Shma:
so does it mean safaricom is more of a south African company ? Dude, go check percentages of its shares.

Mkenya2019:
That is true - because outside Kenya - you have little countries who cannot beat South Africa companies - but we are coming for South Africa pie.

Austine1213:


Vodacom owns chunk of your biggest

Austine1213:


Vodacom owns chunk of your biggest

obaaderemi:
You need to remember cost of living is higher in Kenya than Nigeria, hence why people are starving and living in slums.
The high cost of living makes nonsense of the pay your people get. That's if they get any pay at all. Compare your unemployment rate with Nigeria's:



Kenya's unemployment rate

Kenya' is busy manufacturing poverty, starvation and slums.

Austine1213:


Basically Mauritius, nigeria, eqypt etc are investing more than kenya

Shma:
which source is this?
And it's Old and outdated

Shma:
Kenyans do.(our government included.)

Mkenya2019:
Talking of Kenya- Old Mutual has been here for quite some time, and like Multi-choice has excelled. SAA is now dead and out. KQ has outlived it. Stanbic is South Africa and they merged with Kenya's CFC....and they are small players.South Africa retailers have come and gone. I don't know how long Shoprite and Game will survive but not for long. I think there still one or two Woolsworth stoes.

Kenya is most difficult market for South Africa companies - only those that came early like 1990s - likes of Old Mutual have survived. These were Boer companies that Kenya allowed to operate.

But if you go to Tanzania and Uganda - South Africa basically run the show. Stanbic bank is biggest bank in Tanzania and Uganda - and so are South Africa companies like MTN. This is true for nearly other countries including Nigeria and Ghana. South Africa's firms just basically replaced British MNCs...but not Kenya.

Shma:
biggest exporters of tea and flowers that you're greatly consuming.
Anyway,, what does a black SSA do,?
, I heard most of them are gardeners for boers

Austine1213:


Lol which SAA? This one?

"South African Airways (SAA) is currently retaining its domestic schedule, as published between Johannesburg and Cape Town, with effect from mid-June 2020. Accordingly, SAA is focusing on ensuring operational readiness to resume flights once permissible."

Mkenya2019:
Ghana is small potatoes. You buy two chemist - dispensing shop and we cannot have peace.

Kenya company has been making your roofs for many years - you just don't know.

Tell us about your steel industry with links to back it up.

Austine1213:


He's more stupid than i thought

Austine1213:


Which companies in SA?

Mkenya2019:
I keep telling you the biggest and richest -are not listed. There are people who know how to hide their wealth. The wealth of Jewsih cabal post 1945 is not something they go on display. Only those who need to pump and dump - shares- will go on advertising themselves like the Trumps or the South African American Elon Musk.

Real wealthy people are in the background. Jews, some Gujarati families of India (jews of India), and some Chinese families have real wealth in their families you'll never get to hear about. Their wealth is many generations long.

The comcraft group just open businesses and move on - they don't go on branding them -or doing IPOS - this is family business that will be passed to next generations - without drama. They don't need to go on a publicity drive - they rarely borrow - they rarely need that PR anyway.

Austine1213:
Agriculture is Africa’s largest economic sector, representing 15 percent of the continent’s total GDP, or more than $100 billion annually. [b]It is highly concentrated, with Egypt and Nigeria alone accounting for one-third of total agricultural output and the top ten countries generating 75 percen[/b]t.

https://www.mckinsey.com/featured-insights/middle-east-and-africa/africas-path-to-growth-sector-by-sector

kikuyu1:


If you're going to repeat that BS about Naij agri AFTER ALL THIS TIME then this discussion isn't for you.

TayserMahri:


Wrong as usual. Kenyan firms are quickly dislodging SA firms out of Zambia if not already.

Austine1213:


Maybe markets there are not good for business

Maybe business is not so great

SABMiller is world leader relax, SABMiller brands are all over The world

Shma:
hey dude! , FYI, the white S. A(investors) operating in Kenya are very little as compared to other countries especially in West Africa.