Massive Two Rivers mall in Nairobi aggressively conquers East & Central Africa shopping experience
Massive Two Rivers mall in Nairobi aggressively conquers East & Central Africa shopping experience
- Thread starter Teen-Upperhill Nairobi
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nyangau mkenya
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nyangau mkenya
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Hivi bomba ya Gas toka Hoima Uganda yapita wapi vile?
nyangau mkenya
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nyangau mkenya
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nyangau mkenya
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nyangau mkenya
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nyangau mkenya
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nyangau mkenya
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nyangau mkenya
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nyangau mkenya
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saadeque
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Vipi mkuu mleta mada hakutambia watanzania....Amempasha geza ili aache kueneza uongo not tanzanians.
Tarime-Mura
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- Jul 28, 2015
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hoHHo
How many black Kenyan who own a shopping mall in prime location in major cities in Kenya. Please stop kidding yourself with your make believe and pompous comment. Kenya is owned by British and Kenyatta the rest
Tuskys
Naivas
Yao
Wako
Woolmart
Kenya has been ranked among top countries in Africa with the highest number of dollar millionaires by a South African research firm.
Report by New World Wealth indicates that Kenya had 8,500 dollar millionaires by the end of 2014, making it among the top in sub-Saharan Africa.
The Kenyan dollar millionaires have mostly invested in real estate and construction sector (19%), financial services sector (18%) and manufacturing sector (10%).
Tanzania comes at a distant second in East Africa with 2,200 followed by Uganda’s 1,300.
READ ALSO: Are These The 5 Richest People In Kenya?
South Africa has the highest number of millionaires in Africa at 46,800, then Egypt with 20,000 and then Nigeria (15,400).
Tarime-Mura enda kajichape
RANK
COUNTRY
MILLIONAIRES 2012
1
South Africa
48,000
2
Egypt
23,000
3
Nigeria
15,900
4
Kenya
8,400
.
.
.
9. Algeria– 4,100 Millionaires
With a socialist-leaning government and a population of 38.8 million, Algeria has produced 4,100 millionaires, according to a report by AfrAsia Bank and New World Wealth. Hydrocarbons have long been the backbone of the economy, accounting for roughly 60 percent of budget revenues, 30 percent of GDP, and over 95 percent of export earnings. Algeria has the 10th-largest reserves of natural gas in the world and is the sixth-largest gas exporter.
8. Morocco- 4,900 Millionaires
Morocco boasts a stable economy marked by steady growth, low inflation and gradually falling unemployment. The North African country has 4,900 millionaires out of a population of 33 million, according to the New World Wealth report. Key sectors of the economy include agriculture, tourism, phosphates, textiles, apparel and subcomponents.
7. Libya– 5,400 Millionaires
New World Wealth reported that about 5,400 of Libya’s 6.2 million people are millionaires, making the country the continent’s eighth largest producer of high wealth individuals. The economy is structured primarily around the nation’s energy sector, which generates about 95 percent of export earnings, 80 percent of GDP, and 99 percent of government income. Substantial revenue from the energy sector coupled with a small population give Libya one of the highest per capita GDPs in Africa, according to Africacradle.com .
6. Angola– 6,400 Millionaires
Angola is one of the most mineral and oil-rich countries in the world. With 5,700 millionaires, Angola now has a booming class of ultra-rich people, with a 482 percent rise in people reporting high wealth numbers since 2000, as reported by Business Insider .
5. Tunisia– 6,600 Millionaires
About 11 million people call Tunisia home and 6,600 of them are millionaires. Exports to the European Union, foreign investment and tourism, are all central to the country’s economy. Key exports now include textiles and apparel, food products, petroleum products, chemicals and phosphates.
4. Kenya– 8,500 Millionaires
Kenya currently occupies the position of East Africa’s largest economy. The country, with a population of 45 million people, has the fourth highest number of millionaires on the continent. A 124 percent increase in the number of millionaires since 2000 has left this east African economy with about 8,500 HNW individuals, reports B usiness Insider.
3. Nigeria – 16,000 Millionaires
Nigeria recently overtook South Africa as Africa’s largest economy. As the most populous country in Africa at 177.2 million, the country is home to 16,000 millionaires, over a 300 percent increase since 2000, according to Business Insider . Oil has been a dominant source of government revenues since the 1970s, but Nigeria’s economy is also driven by a growth in agriculture, telecommunications and services.
2. Egypt- 23,000 Millionaires
Out of a population of 86.9 million people, there are 23,000 millionaires in Egypt, making the country Africa’s second largest producer of high net worth individuals. Egypt’s main exports consist of natural gas, and non-petroleum products such as ready-made clothes, cotton textiles, medical and petrochemical products, citrus fruits, rice and dried onion, and more recently cement, steel and ceramics.
1. South Africa – 46,800 Millionaires
South Africa has the highest number of millionaires on the continent, according to a new report by AfrAsia Bank and New World Wealth. South Africa has 46,800 millionaires, 30 percent of Africa’s population of high net worth individuals. Johannesburg alone, known as the “city of gold,” is home to 23,400 millionaires. Most of the wealth in the country, however, is still largely in white hands, 21 years after the end of apartheid. However, the government’s Black Economic Empowerment scheme, aimed at redressing the imbalances of white minority rule, is a key driver in the growing number of Black millionaires.
RANK
COUNTRY
MILLIONAIRES 2012
1
South Africa
48,000
2
Egypt
23,000
3
Nigeria
15,900
4
Kenya
8,400
.
.
.
9. Algeria– 4,100 Millionaires
With a socialist-leaning government and a population of 38.8 million, Algeria has produced 4,100 millionaires, according to a report by AfrAsia Bank and New World Wealth. Hydrocarbons have long been the backbone of the economy, accounting for roughly 60 percent of budget revenues, 30 percent of GDP, and over 95 percent of export earnings. Algeria has the 10th-largest reserves of natural gas in the world and is the sixth-largest gas exporter.
8. Morocco- 4,900 Millionaires
Morocco boasts a stable economy marked by steady growth, low inflation and gradually falling unemployment. The North African country has 4,900 millionaires out of a population of 33 million, according to the New World Wealth report. Key sectors of the economy include agriculture, tourism, phosphates, textiles, apparel and subcomponents.
7. Libya– 5,400 Millionaires
New World Wealth reported that about 5,400 of Libya’s 6.2 million people are millionaires, making the country the continent’s eighth largest producer of high wealth individuals. The economy is structured primarily around the nation’s energy sector, which generates about 95 percent of export earnings, 80 percent of GDP, and 99 percent of government income. Substantial revenue from the energy sector coupled with a small population give Libya one of the highest per capita GDPs in Africa, according to Africacradle.com .
6. Angola– 6,400 Millionaires
Angola is one of the most mineral and oil-rich countries in the world. With 5,700 millionaires, Angola now has a booming class of ultra-rich people, with a 482 percent rise in people reporting high wealth numbers since 2000, as reported by Business Insider .
5. Tunisia– 6,600 Millionaires
About 11 million people call Tunisia home and 6,600 of them are millionaires. Exports to the European Union, foreign investment and tourism, are all central to the country’s economy. Key exports now include textiles and apparel, food products, petroleum products, chemicals and phosphates.
4. Kenya– 8,500 Millionaires
Kenya currently occupies the position of East Africa’s largest economy. The country, with a population of 45 million people, has the fourth highest number of millionaires on the continent. A 124 percent increase in the number of millionaires since 2000 has left this east African economy with about 8,500 HNW individuals, reports B usiness Insider.
3. Nigeria – 16,000 Millionaires
Nigeria recently overtook South Africa as Africa’s largest economy. As the most populous country in Africa at 177.2 million, the country is home to 16,000 millionaires, over a 300 percent increase since 2000, according to Business Insider . Oil has been a dominant source of government revenues since the 1970s, but Nigeria’s economy is also driven by a growth in agriculture, telecommunications and services.
2. Egypt- 23,000 Millionaires
Out of a population of 86.9 million people, there are 23,000 millionaires in Egypt, making the country Africa’s second largest producer of high net worth individuals. Egypt’s main exports consist of natural gas, and non-petroleum products such as ready-made clothes, cotton textiles, medical and petrochemical products, citrus fruits, rice and dried onion, and more recently cement, steel and ceramics.
1. South Africa – 46,800 Millionaires
South Africa has the highest number of millionaires on the continent, according to a new report by AfrAsia Bank and New World Wealth. South Africa has 46,800 millionaires, 30 percent of Africa’s population of high net worth individuals. Johannesburg alone, known as the “city of gold,” is home to 23,400 millionaires. Most of the wealth in the country, however, is still largely in white hands, 21 years after the end of apartheid. However, the government’s Black Economic Empowerment scheme, aimed at redressing the imbalances of white minority rule, is a key driver in the growing number of Black millionaires.
Iconoclastes
JF-Expert Member
- May 26, 2014
- 4,091
- 2,511
Dear Tarime-Mura, i may not just list the indigenous mall owners, but also the real estate magnates, industrialists, bankers, media owners etc.
That communist-era notion that the kenyan economy is 'british owned' is absurd and rather outdated.
That communist-era notion that the kenyan economy is 'british owned' is absurd and rather outdated.