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East Africa's largest economy?
simonkabz
#1 Posted : Wednesday, February 05, 2014 2:18:28 AM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
It appears we lost the bragging rights way back, but characteristically african, we are still "illegally holding onto power" at least in our hapless media. Views?

http://www.newafricanmag...-fastest-growing-economy
TULIA.........UFUNZWE!
simonkabz
#2 Posted : Wednesday, February 05, 2014 2:23:46 AM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
What really matters in these rankings?
GDP per capita? Nominal GDP? GDP PPP? Budget Estimates?

Seems Ethiopia attained supersonic with a very enviable growth rate in the foreseeable future, as we crawl n quarrel. Tz is hot on our heels. We need more quails people!
TULIA.........UFUNZWE!
murchr
#3 Posted : Wednesday, February 05, 2014 3:15:43 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
That happened siku za Meles. He was very vocal about it. Our GDP is/was 40+Billion theirs 41+B and growing at +7%. Any matters here is the world bank link this one is ugly ----> http://databank.worldban...ta/download/GDP_PPP.pdf

Nominal http://databank.worldban...rg/data/download/GDP.pdf
"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
.
simonkabz
#4 Posted : Thursday, February 06, 2014 12:09:47 AM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
[quote=murchr]That happened siku za Meles. He was very vocal about it. Our GDP is/was 40+Billion theirs 41+B and growing at +7%. Any matters here is the world bank link this one is ugly ----> http://databank.worldban...ta/download/GDP_PPP.pdf

Nominal http://databank.worldban...g/data/download/GDP.pdf[/quote]

Missed the news bw muchiri. Goes a long way to show how useless our media is, reporting untruths without the slightest shame.

It kind of confuses me why Abyssinia, despite a larger economy, a double digit economic growth n higher taxation regime, still registers little tax collection n hence lower budget estimates.

Hii macroeconomics ni ngumu kweli.
TULIA.........UFUNZWE!
Mukiri
#5 Posted : Thursday, February 06, 2014 12:18:13 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Corruption boss. We have the means and our people are a hard working lot, not to mention that we haven't been plagued by wars (like the Ethiopians with Eritrea).

Corruption has brought with it inflation, making this a very expensive country, with nothing much to show for it.

Proverbs 19:21
simonkabz
#6 Posted : Thursday, February 06, 2014 1:15:38 AM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
Mukiri wrote:
Corruption boss. We have the means and our people are a hard working lot, not to mention that we haven't been plagued by wars (like the Ethiopians with Eritrea).

Corruption has brought with it inflation, making this a very expensive country, with nothing much to show for it.


Agreed. Huko vitu bei kali sana. But there is a serious construction boom last time I checked. Addis was one massive construction site~chinese roads, urban rail n hundreds of buildings.

We need to reclaim our pride among east african dwarfs.
TULIA.........UFUNZWE!
murchr
#7 Posted : Thursday, February 06, 2014 5:48:11 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
simonkabz wrote:
[quote=murchr]That happened siku za Meles. He was very vocal about it. Our GDP is/was 40+Billion theirs 41+B and growing at +7%. Any matters here is the world bank link this one is ugly ----> http://databank.worldban...ta/download/GDP_PPP.pdf

Nominal http://databank.worldban...g/data/download/GDP.pdf[/quote]

Missed the news bw muchiri. Goes a long way to show how useless our media is, reporting untruths without the slightest shame.

It kind of confuses me why Abyssinia, despite a larger economy, a double digit economic growth n higher taxation regime, still registers little tax collection n hence lower budget estimates.

Hii macroeconomics ni ngumu kweli.


Ongeza opposition on everything, before you implement something someone has already gone to court to stop you from doing it. Alafu ongeza uzembe. Ethiopians are like bees they work really hard.

Ethiopians are smart they know if they invite hawks into their economy then their Menelik and sons will not prosper. We have to learn to protect our market from hawks who will kill investments here
"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
.
masukuma
#8 Posted : Thursday, February 06, 2014 7:40:24 AM
Rank: Elder

Joined: 10/4/2006
Posts: 13,823
Location: Nairobi
[quote=simonkabz]It appears we lost the bragging rights way back, but characteristically african, we are still "illegally holding onto power" at least in our hapless media. Views?

http://www.newafricanmag...fastest-growing-economy[/quote]
we discussed it on the same year we were overtaken
All Mushrooms are edible! Some Mushroom are only edible ONCE!
masukuma
#9 Posted : Thursday, February 06, 2014 7:45:53 AM
Rank: Elder

Joined: 10/4/2006
Posts: 13,823
Location: Nairobi
Ghana is on our tails! piganeni tu!
All Mushrooms are edible! Some Mushroom are only edible ONCE!
Hunderwear
#10 Posted : Thursday, February 06, 2014 7:58:34 AM
Rank: Member

Joined: 4/14/2011
Posts: 639
And do we have something like this in Kenya yawa?
http://panafricanvisions...ts-slavery-colonization/
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