KQ record profitability. Under Ruto regime SOEs are kickign arse.
KQ FY2024 earnings breakdown:
· Turnover up 6.0% to Kes 188.495 billion · Passenger numbers up 4.0% to 5.23 million · Cargo volume up 25.0% to 70,776 tonnes · Net profit closed at Kes 5.432 billion, 124.0% up y/y · Operating profit at Kes 16.622 billion
Rich countries/people owes poor people/coutries a duty of care. USAID is 40B a year - 0.1% of US budget - they should ideal spend 2% on such. Bill Gates donates 10B dollar a year. USAID give US soft power. It makes it warring/policing role have human face. Without it US become a bully that will rebel other countries. Why would countries and its citizen support US agendas if it not helping them. China will easily replace US and fill that void
If it about reforming USAID or even UN - excellent - more money will eventually flow into real beneficiary If they deal with redtape and corruption in USAID.
I hope that is the PLAN - send more of that 40B - into programs with proven impact
Tell me why Trump would or even should care about any third world country?? He shouldn't even care about other developed countries. He was elected to serve American interests not some black mofos who cant run their affairs. He just stopped the funding of the Kenyan mission to Haiti. The money that comes to Nigeria through USAID is used to control Nigeria so that you can never become free. You'd be surprised how much of the so-called USAID money ends up in the hands of Boko Haram and the Niger Delta terrorists and finances banditry and their preferred candidates in elections including your current president who I said few days back is a former drug Lord turned CIA mole. What USAID does so well is not the violence it ferments but the psychological tinkering of your brain. Trump is indirectly telling African presidents, you collect enough to depend on yourself. USAID was just promoting corruption and thievery. I dont expect you to connect the dots but eventually you'll come to it. Many countries stopped funding their own HIV programs and left it to USAID. Why would any sane country do that? The leaders of these countries have been looting such healthcare money. But then again useful idiots are too hungry for food to see the big picture. Take a good look at the image below and tell me whether the endless aid to these countries has helped them or has there been more and more chaos.
Ethiopia 230? Ethiopia GDP is like Nigeria before - lots of cooking of the exchange rate. Once Birr is truly freely floating and forex controls removed it will settle where it should
Kenya leads in Tech Startups funding again in 2024.
Kenya led with 648M dollars, Nigeria came second, raising Sh52.9 billion ($410 million), followed by Egypt with Sh51.6 billion ($400 million) and South Africa at Sh51 billion ($394 million).
In West Africa, Ghana and Benin trailed Nigeria with Sh8.8 billion ($68 million) and Sh6.5 billion ($50 million), respectively.
Kenya has 10 times Ghana and nearly twice South Africa
Yes definitely things are looking up - renewable energy investment exciting - hopefully Zimbwabwe can fix their mess and get their millions back to their country - and Mozambique handle their shiet.RSA has shouldered lot of burden - from ZIm.
And of course Malema rhetorics were no good for investors.
Nigeria GDP distant 4th at 190B - as South Africa retakes the mantle at 400B(stuck there for 20yrs almost) - just like I had said - its Niegeria really GDP is around 200B. Kenya has been overtaken by Ethiopia.
You as always never quote anything - just verbal diarrhea. If we go by atrocious English and logic I see with Ghanians here - then your education system is a mess.
We saw you become last in PISA - worse than even South Africa (which known for it's bad education).
Mad cow, Kenya has historically had high quality middle-income country education -> which translates to highly skilled people -> therefore wont have any problem getting good jobs abroad.
So it opportune to copy Philiphines and export them.
Just30: philiphinoes are highly skilled people Kenyans are not
Jobs cant be created using magic from thin air. Kenya has 20M adults without formal jobs - annually adding 1M. There is no magic ward Ruto will wave - which is why Ruto with BEST BRAINS sat down and figured out the quickest wins. Exporting Kenya is one of them. Philiphines does it - their diaspora earn 30-40B Kenya with half it pop - can also aim for 15-20B And when economy grows kenyans will comeback. China use to export Chinese literally on containers.
Those last two images you posted are one of the MYRIAD reasons I cant stand Ruto. His head is full of guano. We want a leader who creates jobs locally not an idiot who oversees the worst labor and capital flight in history and forms a commission to investigate why businesses are leaving the country enmasse. Labour export cannot, should not, and will not be OFFICIAL govt policy in Kenya, he can try it in his Sugoi bedroom! Either he creates jobs locally and let willing Kenyans willfully look for jobs overseas or firmly keep his mouth shut after PUBLICLY conceding that he is a once in a lifetime failure.
Aint reading all this shiet! Ruto has stabilize his gov - has now 90% of parliament and senate - only Wiper 15mps and RIggy 5 oppose him Feb - Raila wins AU and Ruto inherits ODM Next Ruto appoint all 7 IEBC commission. Next 2027 - Ruto wins o Ruto wins or Ruto wins.
He's on his last legs. This is literally his final card to try and save the sinking ship. You should know better!. Why he is going to these DESPERATE lengths running to Uhuru? Because as I told you he realized Raila was planning to finish him come Feb. He's doing damage control but its too late. If Raila was planning to impeach him, Uhuru's men will completely devour him. Kyuks dont forgive like we Luos.
Ruto is a man under siege.
He is crying for help.
He needs prayers.
He might appear tough in public but is silently frustrated and in pain.
He has been cornered. The filthy swamp has marooned him.
The June 25th protests disoriented him. He lost direction. He was stripped naked before the whole world.
Yet, he had only 1 job:
To solve Kenyans problems.
But he forgot this.
He forgot the hustlers, the church, and the youths who foisted him.
Immediately after he got into office, he fell into the dangerous trap of globalists like George Soros and Bill Gates, with the help of Meg Whitman.
He struts into government corridors with so much Chutzpah and hubris.
He disenfranchised the people.
The people don't like him anymore, no matter what he does or says.
Children don't like him
Parents don't respect him.
Workers don't like him.
No citizen trusts him
Raila will not help him.
Uhuru will not help him.
Only the people will help him.
Kenya's problem is not a lack of national unity.
Kenyans are united with a singular mission.
The problem is that Ruto is naked, people are telling him but he can't listen.
The politicians he is adding to cabinet will devour him whole
They will eat him for lunch.
Don't think they are there to help him. They are there to deflate him, hold him hostage, and finally, conduct a March of Ides, just like it was done to Julius Caesar.
Do you know who killed Julius Caesar?
It was Brutus.
Do you know who Brutus was?
Brutus was Julius Caesar's closest friend. He didn't kill Caesar because he hated him but because the Roman Republic had lost trust in Julius Caesar. Same way Kenyans have lost all trust in Ruto.
Brutus and his brother-in-law Cassius Longinus plotted the elimination of Caesar.
Caesar had defeated Cassius Longinus, and Caesar's biggest mistake was to bring Cassius into his fold of friends.
Ruto has unwisely brought back Raila and Uhuru back into his fold.
On 15th March 44 BC, during the March of Ides, Julius Caesar was assassinated by the people he dined with in the republic.
Ruto has made a lot of blunders. His political enemies have discovered that he is indecisive and weak.
Bloating his executive administration with political losers is the beginning of his end.
These politicians will compete and fight, and the government will be worse, chaotic, and sour.
He has surrounded himself with Yamune dunderheads who will abandon him when his Brutus will choose a fork in the road.
He should do the right thing.
For the sake of his life and future,
- Disband the government.
- Dissolve the parliament.
It is only the voice of the people that will salvage him.
Do you know what Julius Caesar told his friend Brutus when the senators stabbed him (Caesar)?
He asked Brutus,
"Et tu, Brute?"
Do you also want to say:
"Akot inye nekitupche? Nepo moet aenge?"
I have told you. If you have ears, you have heard.
The lizard told the stone,
"Even if you pretend that you have not heard, I have told you."
Obiano and other destructive elements are being dealt with political. Ruto has now brought back Raila his main opponent and now Uhuru the former president.
This should help manage the political madness from a bunch of crazy fools like Obiano
Somalia needs divine intervention. I have heard of only negativity from their diaspora!! Most African immigrants in the west are honest hard working individuals from what I have heard.
Kenya is not better than Nigeria and Ghana, this is a fact. You look into the money in the pulse of the individual and not what the state claim to have .
The Germans say they don't want you because they already have enough low iQ cleaners and maids from Mena.
The Asians won't take you because they prefer Filipino, Malaysian and Vietnamese.
The Arab world will have you but only as maids just like you've historically been.
The dynamics that causes significant rise in Ghana's remittance flows already are present hence we've seen significant flows this year. 7 billion is most likely.
1000 units - is not bad - but do you imagine if you sort out main sewage and really build up 1000 units is very small housing estate. Now because you're sprawling and wasting land - it become enormous.
vaxx: what Ghana has built three years ago ... And will still continue the project next year ...
It is about floors , it is about space outlet ....
Ghana entire Accra city is struggling to build 10 15 floors building while kenya 1M affordable housing projects are build thousands of 15 floors housing.
Now Kenya's monthly remittance trending towards 500M USD - which means 6B dollars likely.
Already, year to September, we were at 4.7B USD—more than Ghana—so by the end of the year, we are likely at 6B dollars or very close to it.
3 more years - we should be at 10B. Nigeria stuck at 19-20B - mostly illegal.
Remittance inflows in September 2024 totalled USD 418.5 million compared to USD 340.4 million in September 2023, an increase of 22.9 percent (Chart 1). The cumulative inflows for the 12 months to September 2024 increased by 14.0 percent to USD 4,723 million compared to USD 4,142 million in a similar period in 2023.25