Nipate
Forum => Kenya Discussion => Topic started by: vooke on July 05, 2018, 08:58:25 AM
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....Ethiopia’s external imbalance and attendant foreign exchange crises emanate from over-investment in infrastructure. Ethiopia adopted an infrastructure-led growth strategy known as the Growth and Transformation Plan (GTP) in 2010. It has since doubled electricity generation from 1800 to 4200 MW, against peak power requirement of 2000 MW. There is close to 7,000MW of new power projects under construction. The Ethiopia Grand Renaissance dam alone has a capacity of 6450 MW. When these are completed, Ethiopia’s generation capacity will be more than four times domestic demand. The road network has been expanded two-and-a-half fold, from 44 km to 110 km of road per 1000 square kilometres. And there is of course the 670-km Addis-Djibouti railway, and a light rail system for Addis Ababa, operational since late 2015 .....
Read more at: https://www.theeastafricanreview.info/op-eds/2018/06/23/a-question-of-power-why-ethiopias-economic-transformation-is-a-cautionary-african-tale/
E Review.
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The usual nonsense from Dr Ndii. Ethiopia economy has been growing at double digit, they are one of only country in africa set to achieve mdgs by 2030 and they are attracting nearly 3B dollars of investment in industries every year. Yes they've had political turmoil the last few years with emergency lasting nearly 1yr but they are still standing. I think reforms by new PM - esp opening up the economy - will ease the forex pressures.
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Ethiopia is a fucked up..in Addis most
The usual nonsense from Dr Ndii. Ethiopia economy has been growing at double digit, they are one of only country in africa set to achieve mdgs by 2030 and they are attracting nearly 3B dollars of investment in industries every year. Yes they've had political turmoil the last few years with emergency lasting nearly 1yr but they are still standing. I think reforms by new PM - esp opening up the economy - will ease the forex pressures.
citizens have no tittle deeds to their land. The govt is now taking back most of the land in Addis ..if you need a tittle you have to proof you can develop the land. Families now have to scramble to get lessors to partner with ..good forbid your land is not close to infrastructure you will lose it to government as no one will lease
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Yes they can do with more democracy - but I think as long as the economy grows - and growth is broad-based - then they'll be fine. Right now they really need to focus on opening up the economy - so private sector can grow. They don't have any private sector to talk about.
Ethiopia is a fucked up..in Addis mostThe usual nonsense from Dr Ndii. Ethiopia economy has been growing at double digit, they are one of only country in africa set to achieve mdgs by 2030 and they are attracting nearly 3B dollars of investment in industries every year. Yes they've had political turmoil the last few years with emergency lasting nearly 1yr but they are still standing. I think reforms by new PM - esp opening up the economy - will ease the forex pressures.
citizens have no tittle deeds to their land. The govt is now taking back most of the land in Addis ..if you need a tittle you have to proof you can develop the land. Families now have to scramble to get lessors to partner with ..good forbid your land is not close to infrastructure you will lose it to government as no one will lease
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Ethiopia is in a very delicate transition period. The new pm is an Obama like talent. He is the only hope for tigrayian led govt to escape destruction from on going civil war. Most Ethiopians cannot travel outside Addis because the countryside is being controlled by rebels allied to opposition..the govt has no control of 1/3 of the country..the opposition is sure they can over throw the govt and so the govt is trying to offer a political truce to get out of power and let the new pm take over after elections
CIA is rumoured to have brokered a diplomatic agreement between the opposition and rulijng coalition
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I also see Ethiopia and Rwanda too much ado about very little. In Africa, when political corrupt elite is drawn from an ethnic minority there is little that can be achieved. Ethiopia will come down harder as the population goes past 100 million and the Oromo start edging out the Tigrayan elites.
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A 34.25-km Chinese-built light railway in Addis Ababa has transported 129 million passengers by the end of May, becoming a name card of Ethiopia https://bit.ly/2JljZoj
Annually doing 65M people -Addis Light Rail transported 64 millions between July 2017 and end of May 2018 (when it passed the 65 million mark).
Adis rail cost 475M dollars - about how much we spent on Thika road. Just around 50B kshs.
If people were to pay on average 50shs - that is around 4B annually - maybe profit of 2B - that can repay the light rail 25yrs!
(https://pbs.twimg.com/media/DfAz_c2UcAAgkR1.jpg)
Why we are not giving chinese contracts to build a light rail in Nairobi?
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Here is their Dandora set to produce 1/3 of energy requirement for Adis
(https://www.ethiopianreporter.com/sites/default/files/2018-04/reppi.jpg)
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As we grapple with 15,000 Kms of asphast roads - Ethiopia are thinking 200,000Kms. This is why their GDP has grown 10 folds in 15yrs.
http://www.globalconstructionreview.com/news/ethiopia-double-road-network-200000km-2020/
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As we argue Big 4- Housing - Ethiopia are rolling out project worth 1.2B - for one housing estate that can house nearly 20,000 units.
http://www.globalconstructionreview.com/news/ethiopia-announces-12bn-mega-housing-project-addis/
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Ethiopia has serious housing shortage. Someone told me there too many purveyors of poverty there stealing Ethiopian "cute" babies..the infertile Evangelical mlungu is there full swing
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With the new PM - I am expecting Ethiopia will turn the corner - we need to fully integrate with Ethiopia - we stand to benefit a lot from a thriving Ethiopia.
Ethiopia has serious housing shortage. Someone told me there too many purveyors of poverty there stealing Ethiopian "cute" babies..the infertile Evangelical mlungu is there full swing
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....Ethiopia’s external imbalance and attendant foreign exchange crises emanate from over-investment in infrastructure. Ethiopia adopted an infrastructure-led growth strategy known as the Growth and Transformation Plan (GTP) in 2010. It has since doubled electricity generation from 1800 to 4200 MW, against peak power requirement of 2000 MW. There is close to 7,000MW of new power projects under construction. The Ethiopia Grand Renaissance dam alone has a capacity of 6450 MW. When these are completed, Ethiopia’s generation capacity will be more than four times domestic demand. The road network has been expanded two-and-a-half fold, from 44 km to 110 km of road per 1000 square kilometres. And there is of course the 670-km Addis-Djibouti railway, and a light rail system for Addis Ababa, operational since late 2015 .....
Read more at: https://www.theeastafricanreview.info/op-eds/2018/06/23/a-question-of-power-why-ethiopias-economic-transformation-is-a-cautionary-african-tale/ (https://www.theeastafricanreview.info/op-eds/2018/06/23/a-question-of-power-why-ethiopias-economic-transformation-is-a-cautionary-african-tale/)
E Review.
His history could benefit from the same level of research he puts into economics. Ndii gets the details of Mengistu's ancestry wrong. Mengistu was Oromo(father's side) and Konso(on the mother's side).
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Really. Mengistu that I know - I think he still alive in Zim's Harare is Amhara. Googled turned out he was Oromo?
His history could benefit from the same level of research he puts into economics. Ndii gets the details of Mengistu's ancestry wrong. Mengistu was Oromo(father's side) and Konso(on the mother's side).
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Really. Mengistu that I know - I think he still alive in Zim's Harare is Amhara. Googled turned out he was Oromo?
His history could benefit from the same level of research he puts into economics. Ndii gets the details of Mengistu's ancestry wrong. Mengistu was Oromo(father's side) and Konso(on the mother's side).
There are conflicting stories on his dad's origin. Not so much about his mum. But he seems to have had a bone to pick with Amharas for discriminating against him for his "Negroid" features in his younger days - apparently a shame among Ethiopians. That would be linked to his Konso roots. Communist totalitarianism would have given him ample opportunity to cut them down to size.
Mengistu was born in Jimma, Ethiopia on May 21, 1937 to a Konso mother and an Amhara father. His father, Haile Mariam, was a sergeant under Haile Selassies's administration, while his mother was said to have died when he was 8 years of age.
Growing up as a child, Mengistu was described as a trouble maker and a street-smart savoy kid who can instantly size up his opponent. He often faced discrimination and ridicule for his darker complexion, something that would later shape his polices against discrimination. After attending school for a few years, Mengistu followed in his father's military path by joining the Holeta Military Academy.
http://www.durame.com/2012/05/mengistu-halie-mariams-biography.html
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You build it they’ll come. Watch ten years!!!
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You build it they’ll come. Watch ten years!!!
Where will they take all that power?
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All that brisk GDP growth driven by government expenditure, has the actual incomes of ethiopians risen by the same percentage? One of the key indicators of actual rising incomes is increase in consumer expenditure. Has that kept pace?
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They are hoping to convert some of 5-8B dollars they spent importing oil/petroleum to electricity (electric trains for starters) and secondly they want to export to Sudan & Kenya - and earn 1B dollars. You know Uganda earn anything around 100M dollars exporting to Kenya.
Where will they take all that power?
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Ethiopia growth is real. It's breathtaking. And we need to borrow from it. Before this gov expenditure/investment growth; ethiopia was a classical basket case dealing with famine; in 1984 - 400,000 people died from famine - digest that - in 90s - ethiopia GDP was 6B dollars...now it 86B dolllar!
Private consumption data - Look at cement production & consumption - Ethiopia came from nearly bottom - to now 3 in SSA. Way ahead of kenya.
All that brisk GDP growth driven by government expenditure, has the actual incomes of ethiopians risen by the same percentage? One of the key indicators of actual rising incomes is increase in consumer expenditure. Has that kept pace?
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They are hoping to convert some of 5-8B dollars they spent importing oil/petroleum to electricity (electric trains for starters) and secondly they want to export to Sudan & Kenya - and earn 1B dollars. You know Uganda earn anything around 100M dollars exporting to Kenya.
Where will they take all that power?
Kenya is steadily exceeding consumption so that’s not a good market. This is wastage. Grand Renaissance is a dud. I gree with Ndii in this one
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Ethiopia growth is real. It's breathtaking. And we need to borrow from it. Before this gov expenditure/investment growth; ethiopia was a classical basket case dealing with famine; in 1984 - 400,000 people died from famine - digest that - in 90s - ethiopia GDP was 6B dollars...now it 86B dolllar!
Private consumption data - Look at cement production & consumption - Ethiopia came from nearly bottom - to now 3 in SSA. Way ahead of kenya.
Cement consumption has obviously increased because the government is building like crazy, it'd be nice if there was available data on actual private consumer consumption. Real growth increases incomes that result in expanding consumer economy.
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I think if you check sugar, beer, name it, consumption is nearly where kenya is - despite the fact that kenya is uniquely private consumption ran economy. If you check beer - they are producing and consuming around 12M hectoliters - that lots of consumed beer - Kenya is around 10M hectolitres -and Nigeria around 16M - with South Africa - twice or thrice that.
Private consumption data - Look at cement production & consumption - Ethiopia came from nearly bottom - to now 3 in SSA. Way ahead of kenya.