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ethiopia powers on as kenya is reduced to a chattering shop
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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wukan wrote:Swenani wrote:kaka2za wrote:Anyone who has been there knows that:
1.The economy in Addis is growing fast due to heavy investment in infrastructure
2.Cost of living is very low compared with+254-I think food is expensive but alcohol is dirty cheap
3.Land is abundant and equitably distributed-Land belongs to government,they can take your one acre land in Nairobi and compensate you with an acre in Ruai-Shamba ni shamba
4.Basic human rights are a luxury esp to Oromia 5. Every other Ethiopia is looking for away out of Ethiopia apart from the politicians in the ruling party 6. Their education system is pathetic. 7. Their in country intelligence system is on point. 8. Their women are beautiful but most of them are dirty9.Their is no city planning/zoning Industrial zones exist in the same areas where the wealthy and poor live 10.Addis is a big slum only that the shanties are fenced by glashouses which dot all the major rds in Addis #8 Applies to most beautiful women even kenyan ones Dirty as in morality or dusty/uchafu? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 10/3/2008 Posts: 4,058 Location: Gwitu
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Impunity wrote:wukan wrote:Swenani wrote:kaka2za wrote:Anyone who has been there knows that:
1.The economy in Addis is growing fast due to heavy investment in infrastructure
2.Cost of living is very low compared with+254-I think food is expensive but alcohol is dirty cheap
3.Land is abundant and equitably distributed-Land belongs to government,they can take your one acre land in Nairobi and compensate you with an acre in Ruai-Shamba ni shamba
4.Basic human rights are a luxury esp to Oromia 5. Every other Ethiopia is looking for away out of Ethiopia apart from the politicians in the ruling party 6. Their education system is pathetic. 7. Their in country intelligence system is on point. 8. Their women are beautiful but most of them are dirty9.Their is no city planning/zoning Industrial zones exist in the same areas where the wealthy and poor live 10.Addis is a big slum only that the shanties are fenced by glashouses which dot all the major rds in Addis #8 Applies to most beautiful women even kenyan ones Dirty as in morality or dusty/uchafu? uchafu,hio nyingine depends on your moral standing. Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
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Rank: Elder Joined: 12/27/2012 Posts: 2,256 Location: Bandalungwa
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Aside from cheap labor and cheap electricity, I suspect that another reason Ethiopia is attracting a lot of manufacturing is that they are spending a lot on infrastructure. So investors see a a good future there. You need good infrastructure to move goods and information around cheaply. Kenya is investing in giving Ksh 90m to Mutahi Ngunyi to do his joke audit on NYS, and every memeber of some useless commision is being paid salaries higher than President Obama. And Uhuruto's travel and entertainment budget exceeds ksh 2 billion per year.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Girma Fistum wrote:Ethiopia recently announced it is to build another dam, named Koysha, after Gibe III, which is the largest of all Ethiopian dams became operational. The Gibe III dam which can generate 1,800 megawatts has faced obstruction challenges by international rights groups and NGOs but was completed with domestic finance to become operational only a few months ago and has now started generating power partially. Koysha = 2000MW "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Ethiopia declares a 6 month state of emergency after protesters attack foreign businesses including flower farms, factories, hotels etc. Many flower farms razed to the ground. Tourist hotels torched. 450 protesters killed. Pity Kenyan flower growers who "abused" Kenya and went to Ethiopia praising it's "business-friendliness". The grass is not always greener on the other side. Also, the greenness may be due to a leaking sewer. https://citizentv.co.ke/...es-flower-farms-144618/
 
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Dangote's business also attacked.
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Sad......karibu Kenya where hakuna matata. Quote:Esmeralda Farms said its 10 million euro ($11.1m) investment went up in smoke this week in Bahir Dar city and that several other horticulture companies were also affected.
Remco Bergkamp, assistant manager at Esmeralda Farms in the Netherlands, told Al Jazeera that the company would probably leave Ethiopia, rather than rebuild the farm.
"The situation is not stable enough to run a business. You just don’t know where the country is headed," Bergkamp told Al Jazeera.
"The government sent security forces to protect the farm. Eventually the group of protesters grew so large that the soldiers were forced to flee and the property was torched," Bergkamp said.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Riots in Kenya happen every election year Business Daily wrote:The International Monetary Fund’s (IMF) latest statistical estimates indicate that Ethiopia’s gross domestic product (GDP) is forecast to grow from $61.62 billion in 2015 to $69.21 billion this year, narrowly beating Kenya’s output which is expected to rise from $63.39 billion to $69.17 billion over the same period.
“Ethiopia has experienced double-digit economic growth, averaging 10.8 per cent since 2005, which has mainly been underpinned by public-sector-led development,” the African Development Bank, the OECD Development Centre and the United Nations Development Programme say in the latest African Economic Outlook report.
Kenya’s GDP of $14.1 billion in 2000 was 71.6 per cent larger than Ethiopia’s $8.23 billion in the same year but the Horn of Africa nation has closed the economic gap in the last five years of robust growth.
The IMF’s GDP estimates are based on current market prices using exchange rates prevailing between July 22 and August 19. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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murchr wrote:Riots in Kenya happen every election year
That could be the case (blame baba) but we only attack each other, not chasing away foreign investors and burning down their factories, investments. Ethiopia is kaput. No investor will want to venture there.
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ethiopia powers on as kenya is reduced to a chattering shop
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